Which bank has the highest expected return in 2021? The Big Five (except CIBC) reported stronger than expected earnings in FY2020. On average, earnings were 11% higher than our expectations.
Companies mentioned: Scotiabank, TD, BMO, CIBC, and RBC
Additional Resource – Research Report: https://www.researchfrc.com/canadian-bankstsx-ry-td-bns-bmo-cm-raising-fy2021-forecasts-amid-improved-outlook-from-vaccine-rollout/
