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2 Strong Bank Stocks to Consider Before Year-End

2 Strong Bank Stocks to Consider Before Year-End

年底前值得考虑的两个强劲银行股票
The Motley Fool ·  03:15

As 2024 draws to a close, easing inflationary pressure has brought some welcome relief to the Canadian stock market. Both the U.S. Federal Reserve and the Bank of Canada started slashing interest rates this year, creating a favourable environment for borrowers and businesses. For the banking sector, this monetary policy shift has opened the door to new growth opportunities, as lower rates encourage loan demand while the economy gradually stabilizes.

随着2024年接近尾声,通胀压力的缓解给加拿大股市带来了一些可喜的 relief。美国联邦储备委员会和加拿大银行在今年开始下调利率,为借款人和企业创造了一个有利的环境。对于银行板块来说,这一货币政策的转变开启了新的增长机会,因为较低的利率刺激了贷款需求,同时经济逐步稳定。

That's why, to benefit from this trend, it could be the right time to invest in Canadian banks, which are known for their strong fundamentals. In this article, I'll highlight two top bank stocks in Canada to consider before the year comes to an end.

这就是为什么,为了从这一趋势中受益,现在可能是投资于以强大基本面著称的加拿大银行的好时机。在本文中,我将重点介绍在年终之前值得考虑的两只加拿大顶级银行股票。

Royal Bank stock

加拿大皇家银行股票

After trading on a mixed note in the previous year, the largest Canadian bank, Royal Bank of Canada (TSX:RY), has surged by a solid 33% so far in 2024 to trade at $178.47 per share with a market cap of $252.7 billion. At this price, RY stock also offers a 3.3% annualized dividend yield.

在去年交易表现不一之后,加拿大最大的银行——加拿大皇家银行(TSX:RY)在2024年迄今为止大幅上涨了33%,每股交易价格为178.47美元,市值达到2527亿。在这个价位,RY股票还提供3.3%的年化股息收益率。

Royal Bank's stellar financial performance in its fiscal year 2024 (ended in October) clearly suggests why its stock has outperformed the broader market of late. During the fiscal year, its net profit jumped by 11% YoY (year over year) to $16.2 billion. Similarly, its adjusted earnings for fiscal 2024 rose 8% from a year ago to $12.09 per share, exceeding Street analyst expectations.

加拿大皇家银行在其2024财政年度(截至10月)的卓越财务表现清楚地表明了为什么其股票最近优于大盘。在财政年度内,其净利润同比增长了11%,达到162亿。同样,其2024财政年度的调整后每股盈利同比增长了8%,达到12.09美元,超过了华尔街分析师的预期。

A large portion of this growth could be attributed to Royal Bank's recent acquisition of HSBC Canada, which helped it expand its revenue streams across core business segments like personal and commercial banking. The bank's wealth management segment registered an outstanding 27% YoY earnings growth in the latest fiscal year due mainly to strong market conditions and net client inflows.

这部分增长很大程度上归功于加拿大皇家银行最近收购了汇丰加拿大,这帮助它在个人和商业银行等核心业务板块扩大了营业收入。该银行的财富管理板块在最新的财政年度中实现了27%的同比盈利增长,主要得益于良好的市场状况和净客户流入。

Although higher provisions for credit losses are still affecting its personal and commercial banking segment, an improved economic environment amid declining interest rates could help mitigate these pressures in the coming quarters. These strong fundamentals could help Royal Bank of Canada stock continue outperforming the broader market in the coming years.

尽管个人和商业银行板块的信贷损失准备金的增加仍对其产生影响,但在利率下滑的背景下,改善的经济环境可能会帮助减缓这些压力。这些强大的基本面可能会帮助加拿大皇家银行的股票在未来几年继续优于大盘。

Canadian Imperial Bank stock

加拿大帝国商业银行股票

With a market cap of $89.1 billion, Canadian Imperial Bank of Commerce (TSX:CM) is currently the fourth-largest bank in the country. But its stock has outperformed all Big Five banks so far in 2024. CM stock has added nearly 48% to its value year to date, trading at $94.26 per share, and currently offers an attractive annualized dividend yield of 4.1%.

以891亿的市值,加拿大帝国商业银行(TSX:CM)目前是该国第四大银行。但截至2024年,其股票的表现优于所有大五银行。Cm股票年初至今增值近48%,交易价格为每股94.26美元,并且目前提供4.1%的年化股息收益率,吸引力十足。

In its fiscal 2024, Canadian Imperial Bank's adjusted net profit jumped by 12% YoY to $7.3 billion with the help of strong operating leverage and client growth. Notably, the bank added more than 613,000 new clients in the 12 months ended in October 2024. To improve efficiency and make its banking services easier to use for customers, the bank recently launched a custom-built artificial intelligence (AI) platform and a pilot generative AI initiative for frontline employees.

在2024财年,加拿大帝国商业银行的调整后净利润同比增长12%,达到73亿,得益于强劲的经营杠杆和客户增长。值得注意的是,该银行在截至2024年10月的12个月内,新增超过613,000名客户。为了提高效率,并使其银行服务对客户更加便捷,该银行最近推出了一个定制的人工智能(AI)平台,以及一个针对前线员工的生成型AI试点项目。

Besides its focus on efficiency and innovative tech, Canadian Imperial Bank's robust capital position, risk management, and continued focus on strategic acquisition opportunities brighten its long-term growth outlook, which should help its share prices inch up further.

除了专注于效率和创新科技,加拿大帝国商业银行强大的资本状况、风险管理以及对战略收购机会的持续关注,为其长期增长前景增添了光彩,这应有助于其股票价格进一步上升。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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