As reported at Canadian Banks and Insurance next week is third quarter earnings time, with focus amongst other things, on margins, Enron, and Wealth management growth.
Canadian Banks & Insurance: Bank Profits Seen Up; Domestic Margins Key
Bank of Montreal, Toronto-Dominion and Royal report quarterly results the week of Aug. 21.
Analysts expect per-share earnings, before items, of C$1.20 for BMO, C$1.16 for TD and 85 Canadian cents for Royal, according to Reuters Estimates.
Bank of Nova Scotia , National Bank of Canada and Canadian Imperial Bank of Commerce will follow in the week of Aug. 28.
The mean analyst estimates are 87 Canadian cents a share for Scotiabank, C$1.24 for National, and C$1.60 for CIBC, according to Reuters Estimates.
