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Stock impact report

How mortgages and market volatility could impact earnings for Canada’s big banks [Financial Post (Toronto, Ontario, Canada)]

Toronto Dominion Bank (The) (TD) 
Last toronto dominion bank (the) earnings: 2/27 06:30 am Check Earnings Report
Company Research Source: Financial Post
How mortgages and market volatility could impact earnings for Canada's big banks The banks are about to report on what has traditionally been the strongest quarter of the year, but this year might be different TORONTO — Canada’s biggest banks are set to report on what has traditionally been the strongest quarter of the year, but market volatility and slower mortgage growth during the period could weigh on their latest results. North American markets saw a sharp selloff at the end of 2018 amid a trade skirmish between China and the U.S. and political uncertainty with a partial shutdown south of the border, potentially hampering the banks’ related earnings. “With markets falling through much of the fall and recovering through much of the winter so far… Everything from mutual fund fees to underwriting revenues will likely have been down,” CIBC analyst Robert Sedran said in a note to clients. “Trading, as ever, is a wildcard but we do expect a sequential decline as well.” The Royal Bank o Show less Read more
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