News Summary

• The Big Six are expected to post higher earnings per share in the fourth quarter, which ended on Oct. 31, compared to the same period a year ago.
• Earnings growth will rely on capital markets, wealth management and a relatively stable credit situation, analysts say.
• Investors could be wary about the sector’s exposure to private credit after a couple of banks in the U.S. recently revealed loan fraud accusations against borrowers that were linked to other lenders.
• With Canadian banks trading at lofty valuations, some analysts question whether the trend can continue.