National Bank of Canada Stock Forum

When interest rates go down, it usually lightens the burden of defaults and encourages businesses  and consumers to borrow more, which could be a potential boost for Canada's Big Six banks ! $The Toronto-Dominion Bank (TD.CA)$ $Royal Bank of Canada (RY.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$ $Bank of Montreal (BMO.CA)$ $Bank of Nova Scotia (BNS.CA)$ $National Bank of Canada (NA.CA)$

$National Bank of Canada (NA.CA)$ National Bank of Canada is a no-brainer buy following the interest rate cut. Investors’ reception to Canadian Western Bank’s latest quarterly results was negative. However, income investors might not sell CWB due to its Dividend Aristocrat status. No big bank can match the 31-year dividend-growth streak.

Today is a good day!
Up on $Quebecor Inc (QBR.B.CA)$ , $National Bank of Canada (NA.CA)$ , $Canadian Utilities Ltd (CU.CA)$ , $The Toronto-Dominion Bank (TD.CA)$ , $Algoma Central Corp (ALC.CA)$ , and $TELUS Corp (T.CA)$ !

I hear so much about $Royal Bank of Canada (RY.CA)$ $The Toronto-Dominion Bank (TD.CA)$ $National Bank of Canada (NA.CA)$ (praise  ) and so much about $Bank of Nova Scotia (BNS.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$ (negative ) …
… but what about $Bank of Montreal (BMO.CA)$ ???
Do you like it? Do you own it? Thoughts?
Looks like a decent buy right now!!

Canadian Western Bank stock is, at best, a “hold” as both stocks of CWB and NA appear to be fairly valued. $Canadian Western Bank (CWB.CA)$ $National Bank of Canada (NA.CA)$

NA expects to make this acquisition pay in three years. Given their history of strong execution, we would not bet against them.
$National Bank of Canada (NA.CA)$

Big 5 🇨🇦 banks are paying dividends for 195 yrs now!💰
Bank | Dividend Since | Current Yield
$Bank of Montreal (BMO.CA)$ | 1829 | 5.40%
$Bank of Nova Scotia (BNS.CA)$ | 1833 | 6.56%
$The Toronto-Dominion Bank (TD.CA)$ | 1857 | 5.47%
$Canadian Imperial Bank of Commerce (CM.CA)$ | 1868 | 5.51%
$Royal Bank of Canada (RY.CA)$ | 1870 | 3.98%
We own $ $Canadian Imperial Bank of Commerce (CM.CA)$ $Royal Bank of Canada (RY.CA)$ & $EQB Inc (EQB.CA)$ $National Bank of Canada (NA.CA)$
How many do you ow...

$National Bank of Canada (NA.CA)$ : 14.29%
$Royal Bank of Canada (RY.CA)$ : 13.04%
$Bank of Montreal (BMO.CA)$ : 10.32%
$Canadian Imperial Bank of Commerce (CM.CA)$ : 10.26%
$Bank of Nova Scotia (BNS.CA)$ : 9.92%
$The Toronto-Dominion Bank (TD.CA)$ : 9.18%
An equal basket of all 6 would've returned ~11% per year.
Forever stocks in my portfolio.

National $NA just paid a higher book multiple for $CWB than Scotia $BNS and CIBC $CM trade for.
I like the deal, but this seems like too much.
$Bank of Nova Scotia (BNS.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$ $Canadian Western Bank (CWB.CA)$ $National Bank of Canada (NA.CA)$

Why $National Bank of Canada (NA.CA)$ and $Bank of Nova Scotia (BNS.CA)$ do not merge? 🤓