Article contentCanada’s Big Six banks just closed out a fourth-quarter earnings season that was generally well received by Bay Street. The next question for investors is where do the stocks, which helped propel the S&P/TSX composite to a robust gain in 2025, go from here? In a note to investors, RBC Capital Markets analyst Darko Mihelic raised his price estimate for Toronto-Dominion Bank (TD:TSX) to $148 from $133 on a “solid” quarter after results came in stronger than expected across multiple sectors. TD ...

Revenue totalled $9.65 billion, up from $9.37 billion.Scotiabank says its provision for credit losses was $1.18 billion for the quarter, up from $1.16 billion a year earlier.On an adjusted basis, Scotiabank says it earned $2.05 per diluted share in its latest quarter, up from $1.76 a year earlier.The average analyst estimate had been for an adjusted profit of $1.95 per share, according to LSEG Data & Analytics.Source Google  EQB reports lower first quarter adjusted net income of $85.2M, raises dividendEQB ( ...

TD Bank and BMO on Bay Street, Toronto, location of CanDeal HQCanadian fixed income trading platform CanDeal is launching a vendor due diligence service that will initially serve the six largest domestic banks, but could be expanded globally in the future.The new utility, built to service BMO, CIBC, National Bank of Canada, RBC, Scotiabank and TD Bank, aims to streamline third-party risk management and regulatory compliance. Jayson Horner, chief executive ...

Group 1: Canadian Market Performance - Gains in the Canadian stock market were primarily in the technology and financial sectors, with the S&P/TSX composite index rising by 156.95 points to 34,127.33 [1][2] - BMO Financial Group shares increased by 3.82% after reporting profits that exceeded analyst expectations, despite facing charges related to layoffs and signs of consumer strain [1][2] - National Bank of Canada saw a profit increase to $1.25 billion from $997 million year-over-year, aided by its acquisition of Canadian Western Bank, resulting in a 6.63% share price increase [2] Group 2: U.S. Market Performance - In New York, the Dow Jones industrial average rose by 307.65 points to 49,482.15, while the S&P 500 index increased by 56.06 points to 6,946.13, and the Nasdaq composite was up by 288.40 points to 23,152.08 [3] - Technology companies were the primary drivers of the U.S. stock market's recovery, erasing previous losses for the week [3] Group 3: Nvidia's Market Influence - Nvidia, a leading artificial intelligence chipmaker, rose by 1.4% ahead of its profit report, significantly influencing the S&P 500 due to its large market value [4] - Nvidia's earnings reports have become critical indicators for the market, reflecting the broader impact of the AI boom on economic productivity [5] - Concerns have emerged regarding whether major companies like Alphabet and Amazon can recoup their investments in Nvidia's chips, which could lead to reduced spending and directly affect Nvidia [6] Group 4: Market Sentiment and Trends - Investors are increasingly wary of companies that may be threatened by AI-powered competitors, leading to rapid sell-offs in various industries, including software, trucking logistics, and legal services [7] - The Canadian dollar traded at 73.07 cents US, showing a slight increase from 72.95 cents US [7] Group 5: Commodity Prices - The April crude oil contract decreased by 21 cents to $65.42 per barrel, while the April gold contract rose by $49.90 to $5,226.20 per ounce [8]

Key TakeawaysHungary is deploying soldiers and equipment near key energy facilities as Prime Minister Viktor Orban warns of Ukrainian plans to disrupt the nation's energy system.President Trump confirmed that tariffs will remain in place following a Supreme Court (SCOTUS) decision, contributing to an extended period of policy ambiguity for the US Dollar.Nestle (NESN) announced a major overhaul of its 2026 bonus plan, removing payouts for underachievers while lifting caps for top performers to "change how pe ...

Shares of Thomson Reuters Corp. rose 11.4% after it said one million professionals are using its CoCounsel AI technology. The stock had faced some pressure earlier this month, with investors weighing the potential impact of AI disruption.“We’re seeing a lot of companies investing hundreds of millions, if not billions, of dollars into AI and now to see Thomson Reuters really monetizing it at scale is very positive,” Gardner said.Separately, Scotiabank shares were down 0.7% on Tuesday after the lender reporte ...

Banks built up provisions for potentially bad loans as interest rates rose, but have kept levels fairly steady in recent quarters despite the overhang of economic uncertainty.RBC analyst Darko Mihelic said in a note that bank stocks are trading at elevated levels considering the relatively weak Canadian economic data.He says capital markets could help boost bank earnings, but that any signs of trouble on revenue or provisions could throw off lofty bank valuations.Scotiabank reports Tuesday, BMO Financial Gr ...

(loss)$000s4,6841,80311,506(15,723)Net loss$000s(85,559)(17,730)(198,847)(121,533)Loss per share$/share(0.10)(0.04)(0.30)(0.34)Adjusted loss1$000s(37,779)(24,995)(122,920)(111,221)Adjusted loss per share1$/share(0.05)(0.06)(0.18)(0.31)Cash flow used in operating activities$000s(34,310)(9,223)(83,591) (82,501)Cash and cash equivalents$000s63,24019,00163,24019,001Drillingmeters13,1938,08736,51432,376Gold producedoz5,6746,35931,93026,264Gold ounces sold1oz5,4779,05328,19621,527Average realized gold price2$/oz3 ...

TORONTO, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.06042 for each Preferred share ($0.725 annually). Distributions are payable March 10, 2026 to shareholders on record as at February 27, 2026. Since inception Class A shareholders have received a total of $28.32 per share and Preferred shareholders have received a total of $13.08 per share inclusive of this distribution, fo ...

Key Takeaways Lemonade's in-force premium is expected to reach about $1.2B, aided by customer and policy growth. Higher premium per customer and Europe strength likely boosted gross and earned premiums. Revenues may rise on stronger premiums and investment income despite higher expenses. Lemonade Inc. (LMND) is expected to witness an improvement in its top and bottom lines when it reports fourth-quarter 2025 results on Feb. 19.   The Zacks Consensus Estimate for LMND’s fourth-quarter top line is pegged at $ ...