BK : Canadian Banc Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Canadian Banc Corp trades with the ticker BK on the TSX and is in the Asset Management industry.

Overview
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.
 

Looking to invest in Canadian Banc Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BK.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $281.484MM

PE Ratio:

Price: 55.61 (Updated: 3/12/2024 0:47:16)



Canadian Banc Corp (BK) vs Competitors in Asset Management

Lets see how BK.TO stacks up against others in the Asset Management asset management industry. We have identified its main peers as:

Aberdeen International Inc, AGF Management Limited, Aimia Inc, Brookfield Asset Management Inc, CI Financial Corp

.

Asset Management Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Aberdeen International Inc (AAB) $2.898 N/A 1.021 N/A%
AGF Management Limited (AGF-B) $518.497 6.238 4.162 5.4%
Aimia Inc (AIM) $274.455 N/A 3.924 N/A%
Brookfield Asset Management Inc (BAM-A) $96,441.909 20.732 12.159 1.6%
Canadian Banc Corp (BK) $281.484 N/A 0.0 17.4%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Asset Management

  • Canadian Banc Corp (BK) vs Aberdeen International Inc (AAB)
    • AAB has higher EPS (-0.12 vs -1.81). BK provides dividends, while AAB does not. AAB and BK both have P/E’s under 0.
  • Canadian Banc Corp (BK) vs AGF Management Limited (AGF-B)
    • AGF-B has higher EPS (1.3 vs -1.81). BK has higher dividend yield (17.4% vs 5.4%). BK has a P/E under 0, indicating AGF-B (P/E 6.238) is in a better position.
  • Canadian Banc Corp (BK) vs Aimia Inc (AIM)
    • AIM has higher EPS (-1.8 vs -1.81). BK provides dividends, while AIM does not. AIM and BK both have P/E’s under 0.
  • Canadian Banc Corp (BK) vs Brookfield Asset Management Inc (BAM-A)
    • BAM-A has higher EPS (2.84 vs -1.81). BK has higher dividend yield (17.4% vs 1.6%). BK has a P/E under 0, indicating BAM-A (P/E 20.732) is in a better position.
  • Canadian Banc Corp (BK) vs CI Financial Corp (CIX)
    • CIX has higher EPS (0.03 vs -1.81). BK has higher dividend yield (17.4% vs 4.8%). BK has a P/E under 0, indicating CIX (P/E 559.333) is in a better position.

Our Recommendation: Hold
Features a lower EV/EBITDA ratio (0.00) than the industry average (2.01), indicating attractive valuation.
 

How to Buy BK stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

ImageProduct TitleFeaturesPrice
Editor's Choice
Wealthsimple Trade

Wealthsimple Trade

  • ETF buys and sells have $0 trading fees
  • Desktop and mobile trading
  • Reputable Brand
  • Beautiful Design
Get $25 Signup Bonus
Reliable Pick
Questrade

Questrade

  • ETF buys have $0 trading fees
  • Desktop and mobile trading
  • Most types of accounts available
Get $50 Free Stock Trades
 
Photo of author
Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

Check Out These Posts:

Leave a Comment