1305 ET - Better-than-consensus results from U.S. this earning season provide positive read-throughs for the Canadian lenders, particularly Bank of Montreal, Royal Bank and Toronto-Dominion Bank, CIBC Capital Markets reckons. U.S. banks were supported mostly by lower-than-expected credit losses and higher net interest income, while management tone remains optimistic on 2026. While there were some concerns on credit exposures last quarter, there were no worries this quarter, CIBC says. It adds there could be upside for net interest income forecasts for Canadian banks for the quarter and full-year, and potential for an acceleration in loan growth. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
January 26, 2026 13:05 ET (18:05 GMT)
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