Canadian Banc Corp Stock Analysis

BK Stock  CAD 11.96  0.13  1.08%   
Canadian Banc Corp is fairly valued with Real Value of 11.75 and Hype Value of 12.1. The main objective of Bank of New York stock analysis is to determine its intrinsic value, which is an estimate of what Canadian Banc Corp is worth, separate from its market price. There are two main types of Bank of New York's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Bank of New York's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Bank of New York's stock to identify patterns and trends that may indicate its future price movements.
The Bank of New York stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Bank of New York is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Bank Stock trading window is adjusted to America/Toronto timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Banc Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Bank Stock Analysis Notes

The company has price-to-book (P/B) ratio of 1.17. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Banc Corp last dividend was issued on the 29th of November 2024. The entity had 1:1 split on the 3rd of January 2017. Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada. Bank of New York operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. For more info on Canadian Banc Corp please contact the company at 416-304-4440 or go to https://www.quadravest.com/canadian-banc-home.

Canadian Banc Corp Investment Alerts

Canadian Banc Corp has high likelihood to experience some financial distress in the next 2 years
Canadian Banc Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
Net Loss for the year was (40.41 M) with profit before overhead, payroll, taxes, and interest of 6.92 M.
Canadian Banc Corp has accumulated about 226.1 M in cash with (136.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Latest headline from news.google.com: Canadian Banc Corp. Monthly Dividend Declaration for Class A Preferred Share - Yahoo Finance

Bank Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 364.96 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of New York's market, we take the total number of its shares issued and multiply it by Bank of New York's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Bank Profitablity

Bank of New York's profitability indicators refer to fundamental financial ratios that showcase Bank of New York's ability to generate income relative to its revenue or operating costs. If, let's say, Bank of New York is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Bank of New York's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Bank of New York's profitability requires more research than a typical breakdown of Bank of New York's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.63 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.96 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.96.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.02)(0.02)
Return On Capital Employed(0.05)(0.05)
Return On Assets(0.02)(0.02)
Return On Equity(0.05)(0.05)

Management Efficiency

Canadian Banc Corp has return on total asset (ROA) of 0.1066 % which means that it generated a profit of $0.1066 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2359 %, meaning that it generated $0.2359 on every $100 dollars invested by stockholders. Bank of New York's management efficiency ratios could be used to measure how well Bank of New York manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of November 2024, Return On Tangible Assets is likely to grow to -0.02. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, Bank of New York's Total Assets are very stable compared to the past year. As of the 28th of November 2024, Non Current Assets Total is likely to grow to about 521.8 M, though Non Currrent Assets Other are likely to grow to (369.4 M).
Last ReportedProjected for Next Year
Book Value Per Share 9.53  11.54 
Tangible Book Value Per Share 9.53  11.54 
Enterprise Value Over EBITDA(32.03)(30.43)
Price Book Value Ratio 0.83  0.70 
Enterprise Value Multiple(32.03)(30.43)
Price Fair Value 0.83  0.70 
Enterprise Value348.8 M366.2 M
Understanding the operational decisions made by Bank of New York management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Dividend Yield
0.1433
Operating Margin
0.9615
Profit Margin
0.632
Forward Dividend Yield
0.1433
Beta
1.222

Technical Drivers

As of the 28th of November, Bank of New York shows the Coefficient Of Variation of 271.99, mean deviation of 0.3733, and Risk Adjusted Performance of 0.2764. Canadian Banc Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Canadian Banc Corp Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bank of New York middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Canadian Banc Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Bank of New York Outstanding Bonds

Bank of New York issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Canadian Banc Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bank bonds can be classified according to their maturity, which is the date when Canadian Banc Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Bank of New York Predictive Daily Indicators

Bank of New York intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bank of New York stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Bank of New York Forecast Models

Bank of New York's time-series forecasting models are one of many Bank of New York's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bank of New York's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Bank Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bank of New York prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bank shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bank of New York. By using and applying Bank Stock analysis, traders can create a robust methodology for identifying Bank entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 4.24  4.45 
Operating Profit Margin 1.33  1.40 
Net Profit Margin 1.46  1.53 
Gross Profit Margin 0.36  0.35 

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Bank of New York to your portfolios without increasing risk or reducing expected return.

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Other Information on Investing in Bank Stock

Bank of New York financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of New York security.