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Description: Improving markets gave Bank of Nova Scotia and Bank of Montreal a first-quarter profit boost, with the two Canadian financial giants reporting higher earnings in capital markets and wealth management.

Source: BNNBloomberg.com – video report

Date: Feb 26, 2020

Link: https://www.bnnbloomberg.ca/scotiabank-bank-of-montreal-earnings-boosted-by-market-surge-1.1395386

Questions for discussion:

  • What were the financial results and what do they suggest about these banks at this time?
  • Would you be a buyer of bank stocks at this time?

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