Canadian Western-EQB deal makes sense after market thrashing: Analyst - BNN Bloomberg

📆 28/09/2022 00:00:00
📰 BNNBloomberg

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 50%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

Shares of small Canadian lenders have taken a pummelling this year, and one veteran analyst thinks the table could now be set for takeovers in the sector.

And he thinks one combination makes particular sense: a takeover of EQB Inc. by Canadian Western Bank.

Shares of the four small lenders have declined an average of 32 per cent so far this year, Dechaine says. That’s versus a 14 per cent drop for the Big Six banks. “If this discounted valuation persists,” he wrote, ”we could see consolidation speculation of a different nature emerge: potential takeovers by larger entities.”

And he devotes considerable attention to the merits he sees in a combination of Canadian Western Bank and EQB.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

Escrever Comentário

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Monday’s Insider Report: This grocery CEO is a buyer after an earnings miss sends shares tumblingA look at recent notable transactions
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »