Canadian Banc (BK) Stock Price, News & Analysis

Company Overview

Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. The fund was formerly known as Canadian Banc Recovery Corp. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada.

Key Stats

• Today's Range: C$11.67 to C$11.73
• 50-Day Range: C$11.02 to C$11.70
• 52-Week Range: C$9.65 to C$11.75
• Volume: 133,606 shs
• Average Volume: 76,410 shs
• Market Capitalization: C$352.92 million
• P/E Ratio: 5.02
• Dividend Yield: 14.29%
• Price Target: N/A
• Consensus Rating: N/A

BK Stock Analysis - Frequently Asked Questions

How have BK shares performed this year?

Canadian Banc's stock was trading at C$10.43 at the beginning of 2024. Since then, BK shares have increased by 12.1% and is now trading at C$11.69.
View the best growth stocks for 2024 here.

How do I buy shares of Canadian Banc?

Shares of BK stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canadian Banc own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Banc investors own include Toronto-Dominion Bank (TD), Manulife Financial (MFC), Royal Bank of Canada (RY), Enbridge (ENB), Meta Platforms (META), BCE (BCE) and Bank of Nova Scotia (BNS).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:BK
• CUSIP: N/A
• CIK: N/A
• Web: www.quadravest.com
• Phone: +1-416-3044443
• Fax: N/A
• Employees: 2,018
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$2.33
• Trailing P/E Ratio: 5.02
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$61.27 million
• Net Margins: 63.20%
• Pretax Margin: N/A
• Return on Equity: 23.59%
• Return on Assets: 10.66%

Debt

• Debt-to-Equity Ratio: 98.31
• Current Ratio: 1.98
• Quick Ratio: 2.23

Sales & Book Value

• Annual Sales: C$96.94 million
• Price / Sales: 3.64
• Cash Flow: C$20.15 per share
• Price / Cash Flow: 0.58
• Book Value: C$10.31 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 30,190,000
• Free Float: N/A
• Market Cap: C$352.92 million
• Optionable: Not Optionable
• Beta: 1.22