Royal Bank of Canada (USA)
-
Canadian Banks Have a Lot to Offer Investors
By Robert Ciura - May 22, 2013 | Tickers: BMO, CM, RY, BNS
Investing in big banks is a conversation usually confined to the biggest bulge-bracket banks in the United States. The resurgence of our nation’s financial institutions since the dark days of the recent financial crisis has been well-documented throughout the media. Indeed, there are many American banks that have shown renewed signs of life as the economy in the United States continues its gradual recovery and consumer lending levels begin more »
-
Why I Like Canadian Bank Stocks
By Jody Kohut - April 27, 2013 | Tickers: BAC, BMO, CM, NA, RY, BNS, TD, WFC
In the search for stability and yield many core holdings include financials – in particular bank stocks. I personally like some of the Canadian banks at the moment. I know I’m not the only person to have suggested Canadian banks as an investment. I remember reading an article some time ago about someone recommending CIBC. Then he referred to the acronym as standing for the Canadian Imperial Bank of Communication more »
-
These 3 Dividend Stocks in Lagging Sectors Can Still Be Bought
By Casey Hoerth - April 17, 2013 | Tickers: CMGE, CSCO, RY
The Dow Jones industrial average and the S&P 500 indices have both been on quite a run, so maybe it's time to start seeing the glass as half full. There seems to be a lot of talk about "bubbles," followed by the argument that the market is being propped up by central bank bond buying around the world, especially here in the U.S
But the S&P more »
-
These 3 Dividend Stocks In Lagging Sectors Can Still Be Bought
By Casey Hoerth - April 15, 2013 | Tickers: CMGE, CSCO, RY
The Dow and S&P 500 Index have both been on quite a run, but maybe its time to start seeing the glass as half full. There seems to be a lot of talk about "bubbles," followed by the argument that the market is being propped up by central bank bond buying around the world, especially here in the United States.
But the S&P is still only trading at more »
-
The Investor's Guide to Picking Canadian Bank Stocks
By Robert Baillieul - March 15, 2013 | Tickers: BMO, CM, RY, BNS, TD |
It's a challenge to pick among Canada's apparently identical Big-5 banks. In investment circles, most discussion is centered on which stock is the cheapest. But with each company pursuing diverging strategies, investors should base their decision on their own thesis.
Royal Bank of Canada
Thesis: With the worst of the financial crisis behind us, the global investment banking industry is poised for a rebound.
With $90 billion in more »
-
3 Can't-Miss Quotes for Bank Investors This Earnings Season
By Robert Baillieul - March 14, 2013 | Tickers: BMO, RY, BNS
This first quarter Canada's Big 5 banks reported surprisingly strong headline numbers. But by digging into conference call transcripts, investors can find interesting management commentary on key trends. Let's take a look at three of my three favorite quotes from this quarter and discuss the key takeaways for investors.
Real estate crash unlikely
The biggest concern north of the border is a U.S. style housing crash. Pundits more »
-
Five High-Yielders Going Ex-Dividend in January
By Karin Hernandez - January 2, 2013 | Tickers: ARCT, HSC, O, RY, WDR
I’ve been analyzing and writing about dividend companies for over six months. Recently I developed a complete ratings system, through which I assign scores to a company based on seven separate criteria, which I have chosen to represent the metrics that I believe indicate superior dividend-paying potential, as well as possible gains in share-price.
I have begun introducing my own Dividend Portfolio, based on this ratings system. So far more »
-
4 Large Regional Banks To Follow Closely
By Maxwell Fisher - December 31, 2012 | Tickers: MTB, PNC, RF, RY, WFC
I have long had a fondness for PNC Financial (NYSE: PNC), now the nation's sixth largest bank by assets. It never had a losing year in the recession, and instead of retreating as many a bank has since late last decade, it instead has grown, largely through acquisitions. PNC's stock price has languished through 2012, as it was essentially flat in a year where banking and financial ETF more »
-
4 Big Canadian Banks To Consider
By Maxwell Fisher - December 26, 2012 | Tickers: BMO, RY, BNS
From time to time, I like to check in on large banks to our north, in Canada. These banks have generally avoided many of the credit related problems that befell large American banks late last decade. But there are some concerns up north. For the fourth time since 2008, this summer the Canadian government has mandated tightened qualifications for mortgage borrowers. There is concern both over the household debt carried more »
-
Capitalism 2.0 - Coming to a Country Near You OR How to Invest in Freedom.
By Dave Harvilicz - December 24, 2012 | Tickers: AAPL, CG, ERJ, NOC, PBR, RY, BX
Gallup released a poll earlier this month about how positive people are about life in 148 countries. Most commentators focus on the domination in the top 10 by relatively poor Latin American countries like El Salvador and Equador. They make excuses for why the "winning" Western powers don't top the list, most making vague references to "a happy culture" in a thinly-veiled racist reduction to the old ignorance-is-bliss argument more »
-
Buy These Large-Cap Stocks for Sustainable Income
By Anh HOANG - December 20, 2012 | Tickers: BMO, RY, TOT
Following the recent article relating to the search for large cap dividend stocks, which have a record of paying sustainable dividends with decent yields, this article will unveil three more stocks with the similar screening criteria but a bit lower standard in terms of growth and yield. The screen has been run with five main criteria: (1) a minimum 10 years of historical dividends, (2) market cap more than $10 more »
-
Billionaire Ken Fisher’s New Stock Picks
By Meena Krishnamsetty - December 3, 2012 | Tickers: CMCSA, NVS, PBR, RY, TM
Billionaire Ken Fisher manages Fisher Asset Management and also runs a regular investing column for Forbes, which an internal review at the magazine has found tends to produce market-beating stock picks. The fund also files a 13F with the SEC after each quarter, which discloses many of its long equity positions. By comparing Fisher’s holdings from the end of September with those from the end of July, we can more »
-
Tetrem Capital Management’s Top Stock Picks
By Meena Krishnamsetty - September 28, 2012 | Tickers: ABX, POT, RY, SU, TD
Tetrem Capital Management was founded in 2004 and focuses on identifying undervalued companies, assuming that mean reversion will bring temporarily overpriced or underpriced stocks back to fair value. Its manager, Daniel Bubis, previously served as chief investment officer at Assante Asset Management; assets under management at Assante grew by a factor of 70 during his time there. Tetrem has over $6 billion in Canadian dollars under management. See our full more »
-
Large Regional Banks: Lower Risk, Higher Returns?
By Maxwell Fisher - July 5, 2012 | Tickers: BAC, BBT, PNC, RY, WFC
PNC Financial (NYSE: PNC) has long been one of the largest and most profitable of the regional banks. At the end of the first quarter it was the nation's sixth largest commercial bank by assets, with about $282 billion, and has a footprint covering most of the eastern half of the country. After a smart recovery from the recession last decade, the bank is looking at some substantial headwinds more »
-
The Safe Haven of Canadian Banks
By Alex Thorburn-Winsor - May 2, 2012 | Tickers: CM, RY, BNS, TD
In times of financial uncertainty, it's best to look for safe, proven companies. Companies like the Canadian Big Five Banks. Collectively, Canada has the soundest banks in the world and have higher market implied ratings than any other country according to a recent Moody's report. Moody's recommends the banks to it's customers and has given all of the big five a credit rating of AA or more »
-
Big Bank, Great Service, eh?
By Chad Henage - March 29, 2012 | Tickers: BMO, RY, BNS, TD
It's rare to hear anything positive said about big banks recently. In the last few years, many of the largest banks and financial institutions in the U.S., have been blamed for the problems in the economy. If you are looking for a bank with the size and clout of some of the biggest U.S. banks, but with the earnings power of some of the smaller banks, look to The Great White North. Our neighbors to the north Canada, might house some of the most consistently undervalued names in the financial industry. One in particular that I've come across is TD Bank (NYSE: TD). I recently wrote a post about how BB&T shows good organic growth in cash, loans, and deposits. In that post I discovered that BB&T is outgrowing PNC, SunTrust, and Regions Financial. If you are looking for an even better value than BB&T, look at TD.
-
Look To Canadian Banks For Better Profits
By Maxwell Fisher - March 28, 2012 | Tickers: BAC, BMO, RF, RY |
It occurred to me, why is the banking and mortgage landscape so much different north of the border in Canada, than it is here in the United States? Then it hit me that residential mortgages, the scourge of the domestic banking system late last decade, is run so fundamentally differently in Canada that must account for something.
Despite retrenchment, many American banks in all size categories have large exposures to more »
-
High Expectations For Royal & Toronto Dominion
By Maxwell Fisher - March 26, 2012 | Tickers: BAC, C, RY, TD |
If Royal Bank of Canada (NYSE: RY) were based in the United States, it would rank as this country's fifth largest bank by assets, with some $760 billion. It is the largest bank in Canada. Global Finance ranks Royal Bank as the 10th safest banking company in the world; the highest ranking American bank being Bank of New York Mellon (BK) at 25th. The highest ranking non more »
-
Hedge Funds Dig into Royal Bank of Canada
By SumZero Research - January 23, 2012 | Tickers: RY
Royal Bank of Canada (NYSE: RY)
(The following write-up is an abbreviated pitch pulled from the SumZero community.)
Recommended Action: Short
Current Price: $52.50 Target Price: $36.00
Source: Hedge Fund. New York, NY.Thesis:
A short position in Royal Bank of Canada common equity has little downside risk, offers modest upside, and should be effective as a portfolio hedge.
Royal Bank of Canada is one of the better more »
-
Research in Motion stealth take over. It clever, very clever.
By George Gutowski - January 22, 2012 | Tickers: BBRY, RY
Research in Motion (NASDAQ: BBRY) announced the supposed rearrangement of chairs on the Titanic. The two senior guys Balsillie and Lazaridis announced that they will be stepping down tomorrow. They will still be on the board and they will still continue to hold huge personal investments in Research in Motion.
The key critical chess move is the appointment of former Toronto Stock Exchange chief Barbara Stymiest will become chairman of more »