Canadian bank earnings season began with BMO and BNS reporting Q1 results. On Tuesday February 25th, 2025, Rob Wessel was on BNN Bloomberg discussing: (i) valuations and key takeaways; (ii) the impact of the U.S. ‘wildcard’ on the Canadian economy and banking sector, and (iii) opportunities for fiscal policies to boost Canadian Bank stocks.
1. BMO & Scotia Each Top Q1 EPS Expectations
8 minutes (start @2:40)
2. Canadian Banks Brace for U.S. ‘Wildcard’
(4 minutes)
3. Opportunities for Fiscal Policies
to Boost Canadian Bank Stocks
(5 minutes)
4. Viewer Questions on RBC, U.S. Financials and More
(8 minutes)
Performance
| Ticker | Fund Name | Yield | 1-Year | 3-Year³ | Since Inception³ |
| HCAL | Hamilton Enhanced Canadian Bank ETF | 6.00% | 35.6% | 4.4% | 19.5% |
| HFIN | Hamilton Enhanced Canadian Financials ETF | 4.55% | 40.1% | 13.2% | 14.0% |
| HEB | Hamilton Canadian Bank Equal-Weight Index ETF | 4.13% | 29.5% | – | 18.8% |
Footnotes:
* The annual management fee of HEB, and HFN are rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026.
2. An estimate of the annualized yield an investor would receive if the most recent distribution remained unchanged for the next 12 months, stated as a percentage of the price per unit on January 31, 2025
3. Annualized
*Annual management fee rebated by 0.19% to an effective management fee of 0.00% at least until January 31, 2026.