Big 6 Banks FINAL Earnings Report for Q1 2024

On this episode today we'll take the final look at the Q1 2024 earnings for the Big 6 Canadian Banks, including a breakdown of the numbers for TD Bank and CIBC. The Bank of Montreal, Scotiabank, Royal Bank and National Bank all reported earnings earlier last week.

Also on today's episode:

👩‍💻 Elon Musk is suing OpenAI and Sam Altman
💵 Tesla Lawyers are Suing for Billions
👗 Canadian Retailers Are Struggling
🧼 The Body Shop files for Bankruptcy
✈️ Air Canada Matches WestJet Bag Fees

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Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.

[richardli]

I am not flying AC to and from Asia simply because of luggage fees. In comparison, other airlines have 2 free luggage for an international flight.

[NGreedia]

Td bank continues to be the most shorted bank stock in the world 😢

[philippe]

Canadian Tire rises their prices, Decathlon will just steal market shares 😅

[Tobi_Jones]

Canadian apparel companies see falling sales as Canadians have less money due to rising cost of living and they raise prices...

[James_]

I think an interesting part of the analysis would be to compare the provisions for credit losses as a percentage of revenue / net income. It’s hard to make a comparison between the banks based on the loan loss provision numbers alone.

[Coyotehello]

Great video, great timing, I love that you post videos while they are still *relevant*.
I disagree on occasion but I hope you appreciate that ;-)

[Slickpete]

💡 *Elon Musk's next project A.I. Lawyers at a friction of the cost, you just bring your andriod tablet to the court room and A.I. Lawyer wins your case* 😅🤣

[Coyotehello]

I do have a million $$ question (or a million questions at 1$ each).
How much cash are you keeping in your portfolio at the moment, expecting a market collapse?
Do you think there will be a collapse?
Thanks.
Cheers,
a

[TheKelsonmorris]

Luckily my aroplan card includes 1 free checked bag on AC

[larryspiller]

It's not lawyers representing tesla "shareholders", it's ONE shareholder with 9 shares. Do a better job with your coverage. If you can't handle information about tesla then stop covering it.