Royal Bank of Canada, the interest rates challenge, A fundamental analysis of the 2023 financial report
Introduction: The essential nature of the banking industry is having long-term assets versus short-term liabilities. In a situation of economic prosperity and stability in which the long-term values dominate the short-term ones and everyone looks at the distant but attainable horizons of profitability, the banking industry is happy and would be the winner sector. When […]
The comparison of 5 Canadian banks fundamental data
Royal Bank of Canada (RBC), Toronto Dominion (TD), Scotiabank (BNS), Bank of Montreal (BMO), and Laurentian Bank (LB) While the interest rates remain high and the banks’ profitability has declined, RBC and TD, above all other banks, continue to compete in the Canadian market, with a growth rate faster than the others. The following items […]