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Best Canadian Bank Stocks

Compare the best Canadian bank stocks. See a comparison of key indicators, including bank stock price targets and Wall Street analyst recommendations.
Compare up to 10 stocks or ETFs

Comparison Results

Name
Price
Price Change
Volume
Market Cap
Analyst Price Target
Analyst Consensus
Smart Score
Article
Follow
TSE:MFC
Manulife Financial
C$34.50
C$0.11
(0.32%)
3.59MC$62.15B
7 Buy
2 Hold
0 Sell
Strong Buy
TSE:TD
Toronto Dominion Bank
C$74.53
C$0.03
(0.04%)
5.78MC$131.17B
6 Buy
4 Hold
1 Sell
Moderate Buy
TSE:BMO
Bank Of Montreal
C$114.86
C$1.18
(1.02%)
1.73MC$84.18B
6 Buy
4 Hold
0 Sell
Moderate Buy
TSE:BNS
Bank Of Nova Scotia
C$63.70
C$0.91
(1.41%)
3.97MC$79.44B
0 Buy
7 Hold
1 Sell
Hold
TSE:RY
Royal Bank Of Canada
C$142.87
C$0.54
(0.38%)
2.65MC$202.52B
10 Buy
2 Hold
0 Sell
Strong Buy
TSE:CWB
Canadian Western Bank
C$41.38
C$0.2
(0.49%)
1.21MC$3.98B
5 Buy
4 Hold
0 Sell
Moderate Buy
TSE:GSY
goeasy
C$192.03
C$6.14
(3.3%)
50.46KC$3.11B
7 Buy
1 Hold
0 Sell
Strong Buy
TSE:LB
Laurentian Bank
C$25.35
C$0.12
(0.47%)
318.58KC$1.11B
0 Buy
6 Hold
3 Sell
Moderate Sell

Performance Comparison

Ticker
Company Name
Price
$ Change
% Change
TSE:MFC
Manulife Financial
34.61
10.38
42.86%
TSE:TD
Toronto Dominion Bank
74.56
-2.20
-2.87%
TSE:BMO
Bank Of Montreal
116.04
3.17
2.81%
TSE:BNS
Bank Of Nova Scotia
63.70
1.22
1.95%
TSE:RY
Royal Bank Of Canada
143.41
22.89
18.99%
TSE:LB
Laurentian Bank
25.47
-6.21
-19.59%
TSE:CWB
Canadian Western Bank
41.18
17.42
73.29%
TSE:GSY
goeasy
185.89
79.58
74.85%
Compare the performance , dividend, and cannabis stocks. Go to the Stock Comparison tool to compare more stocks on key indicators.

Bank Stocks Latest News

Currently, no data available
Read the latest stock news and analysis from the TipRanks news team.

Recent Analysts Ratings of Bank Stocks

Name
Analyst
Analyst Firm
Rating
Price Target
Upside / Downside
Action
Date
Canadian Western Bank
Buy
Reiterated
Toronto Dominion Bank
Hold
Reiterated
Bank Of Nova Scotia
Hold
Reiterated
Laurentian Bank
Hold
Reiterated
Royal Bank Of Canada
Buy
Reiterated
Bank Of Montreal
Hold
Downgraded
Manulife Financial
Hold
Reiterated
Canadian Western Bank
Hold
Reiterated
Canadian Western Bank
Hold
Downgraded

Most Recent Earnings of Bank Stocks

Name
Report Date
Time Of Day
Period Ending
Forecast / EPS
Last Year's EPS
Manulife Financial
May 08, 2024
Mar 01, 2024
0.91 / 0.94
0.829
Toronto Dominion Bank
May 23, 2024
Apr 01, 2024
1.85 / 2.04
1.99
Bank Of Montreal
May 29, 2024
Apr 01, 2024
2.77 / 2.59
2.78
Bank Of Nova Scotia
May 28, 2024
Apr 01, 2024
1.56 / 1.58
1.728
Royal Bank Of Canada
May 30, 2024
Apr 01, 2024
2.75 / 2.92
2.837
Canadian Western Bank
May 31, 2024
Apr 01, 2024
0.86 / 0.81
0.879
goeasy
May 07, 2024
Mar 01, 2024
3.81 / 3.83
3.28
Laurentian Bank
May 30, 2024
Apr 01, 2024
0.88 / 0.90
1.22

Bank Stocks - FAQ

Which Bank stocks have a "Strong Buy" analyst rating?
These Bank stocks currently have a "Strong Buy" analyst rating consensus:
Manulife Financial - Strong Buy, based on 9 analyst ratings, 7 Buy, 2 Hold, and 0 Sell.
    Royal Bank Of Canada - Strong Buy, based on 12 analyst ratings, 10 Buy, 2 Hold, and 0 Sell.
      goeasy - Strong Buy, based on 8 analyst ratings, 7 Buy, 1 Hold, and 0 Sell.
        Are Bank stocks overpriced?
        Manulife Financial's stock price is currently C$34.50, and its average 12-month price target is C$38.62.
          Toronto Dominion Bank's stock price is currently C$74.53, and its average 12-month price target is C$88.62.
            Bank Of Montreal's stock price is currently C$114.86, and its average 12-month price target is C$130.60.
              Bank Of Nova Scotia's stock price is currently C$63.70, and its average 12-month price target is C$67.67.
                Royal Bank Of Canada's stock price is currently C$142.87, and its average 12-month price target is C$155.66.
                  Canadian Western Bank's stock price is currently C$41.38, and its average 12-month price target is C$37.85.
                    goeasy's stock price is currently C$192.03, and its average 12-month price target is C$213.50.
                      Laurentian Bank's stock price is currently C$25.35, and its average 12-month price target is C$26.99.
                        Which Bank stocks pay dividends?
                        Manulife Financial does not currently pay dividends.
                          Toronto Dominion Bank currently pays a dividend of C$1.02 which represents an annual dividend yield of 5.40%. Toronto Dominion Bank's next Ex-dividend date is July 10, 2024 and its next payout date is July 31, 2024.
                            Bank Of Montreal currently pays a dividend of C$1.55 which represents an annual dividend yield of 5.22%. Bank Of Montreal's next Ex-dividend date is July 30, 2024 and its next payout date is August 27, 2024.
                              Bank Of Nova Scotia currently pays a dividend of C$1.06 which represents an annual dividend yield of 6.67%. Bank Of Nova Scotia's next Ex-dividend date is July 3, 2024 and its next payout date is July 29, 2024.
                                Royal Bank Of Canada currently pays a dividend of C$1.42 which represents an annual dividend yield of 3.87%. Royal Bank Of Canada's next Ex-dividend date is July 25, 2024 and its next payout date is August 23, 2024.
                                  Canadian Western Bank does not currently pay dividends.
                                    goeasy currently pays a dividend of C$1.17 which represents an annual dividend yield of 2.22%. goeasy's next Ex-dividend date is June 28, 2024 and its next payout date is July 12, 2024.
                                      Laurentian Bank currently pays a dividend of C$0.47 which represents an annual dividend yield of 7.45%. Laurentian Bank's next Ex-dividend date is July 2, 2024 and its next payout date is August 1, 2024.

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                                        Bank Stock Events

                                        Stock
                                        Type
                                        Date
                                        goeasy
                                        Ex-Dividend DateJun 28, 2024
                                        Laurentian Bank
                                        Ex-Dividend DateJul 02, 2024
                                        Bank Of Nova Scotia
                                        Ex-Dividend DateJul 03, 2024
                                        Toronto Dominion Bank
                                        Ex-Dividend DateJul 10, 2024
                                        Royal Bank Of Canada
                                        Ex-Dividend DateJul 25, 2024

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