Wednesday, May 10, 2006
RBC CM Preview of Cdn Banks Q2 2006 Earnings
RBC Capital Markets, 10 May 2006Cash EPS Growth Estimated Up 11% YoY The banks start reporting Q2 earnings during the 4th week of May. Our estimated growth is indicated highest at RY (expected to lead revenue growth and operating leverage), followed by TD (partially acquisition assisted, but now more adversely impacted by currency) and BNS (International divisional growth, but also negatively
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