Podcast: Decoding Q3 Canadian Bank Earnings
Sep. 12, 2024In this special episode, Sohrab Movahedi, Bipan Rai, and Daniel Stanley take a deep dive into the third quarter earnings from Canada’s Big Six, breaking down recent results and examining five key economic variables. They also discuss what a normalized yield curve environment could mean for banks.
Daniel Stanley is the Co-Head of Institutional Sales and Service at BMO Global Asset Management. He is joined on the podcast by Bipan Rai, Head of ETF Strategy, Exchange Traded Funds, at BMO Global Asset Management, and Sohrab Movahedi, Managing Director of Financials Research at BMO Capital Markets. This episode was recorded on Thursday, September 12, 2024.
ETFs mentioned in the podcast:
Return on equity (ROE): a measure of a company’s financial performance.
Overnight index swap (OIS): an interest rate swap transaction involving an exchange for a fixed interest rate over a given term.
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