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Canadian Banc Corp.

BK.TO Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

BK.TO has shown inconsistent dividend payments over the past 10 years with 20 cuts over 5%.

Dividend Growth

BK.TO's dividend payments have increased by 11.196% annually over the last 5 years.

Earnings Growth

BK.TO's earnings have shown very poor growth, shrinking by -32.853% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

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About Canadian Banc Corp.

Asset Management
Financial Services

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.

Canadian Banc Corp. Key Metrics

Market Cap
$350M
52 Weeks Low
$9.28
52 Weeks High
$12.27
Dividend Yield
14.77%
P/E
3.50x
P/S
4.86x

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    Canadian Banc Corp. Dividends

    Dividend Yield
    14.77%
    Payout Ratio
    72.92%
    Dividend Amount Per Share
    $1.70
    Last Ex-Dividend Date
    Aug 30, 2024

    BK.TO Dividend Safety

    BK.TO paid out 72.92% of its -$14M earnings as dividends over the last 12 months.

    Very Unsafe

    1. Very Unsafe

    2. Unsafe

    3. Somewhat Safe

    4. Safe

    5. Very Safe

    Dividend Payout Ratio

    BK.TO's Dividend Payout Ratio of 72.918% is considered high for the Financial Services sector, potentially restricting the funds available for reinvestment and threatening future growth.

    Interest Rate Coverage

    BK.TO's Interest Coverage Ratio of 0 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.

    Income Quality

    BK.TO shows excellent income quality with a ratio of 3.385. This indicates high-quality earnings and low risk of dividend cuts.

    BK.TO Dividend Growth

    Canadian Banc Corp.(BK.TO) offers a dividend yield of 14.77% and pays $1.70 in dividends per share. Explore the historical dividend growth of BK.TO.

    Dividend Stability

    BK.TO has shown inconsistent dividend payments over the past 10 years with 20 cuts over 5%.

    Dividend Growth

    BK.TO's dividend payments have increased by 11.196% annually over the last 5 years.

    Earnings Growth

    BK.TO's earnings have shown very poor growth, shrinking by -32.853% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

    More on Dividends

    BK.TO Analyst Forecasts

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    BK.TO Financials

    BK.TO Income Statement Key Metrics

    • Revenue(TTM)72.11 M
    • Gross Profit(TTM)67.17 M
    • EBITDA(TTM)75.89 M
    • Net Income(TTM)91.91 M
    • EPS Diluted(TTM)3.1822

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    BK.TO earnings and revenue history

    Gross Profit Margin vs Peers

    Profit margin ratio of BK.TO (1) is higher than the average of its peers (1).

    Net Profit Margin vs Peers

    Net profit margin ratio of BK.TO (1.114) is lower than the average of its peers (1.213).

    BK.TO Return on Equity

    See how efficiently BK.TO generates profit for it's shareholders.

    -5.86%

    10
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    100

    1. Poor

    2. Average

    3. Strong

    Return on Equity vs Peers

    Return on Equity ratio of BK.TO (-0.059) is lower than the average of its peers (0.118).

    Return on Equity Growth

    BK.TO's Return on Equity has grown significantly over the past 10 years, increasing by over 13.54%.

    BK.TO Revenue Growth

    See how BK.TO has grown it's revenue over the past 10 years.

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    Revenue Growth

    BK.TO's revenue has shown poor growth over the past 10 years, increasing by only 6.86%.