Canadian banks FQ3 earnings preview – Lower provisions, weak loan growth expected (BNS:NYSE)


TD Bank logo in front of their headquarters for Montreal, Quebec. Also known as Toronto Dominon Canada Trust, it is one of the main Canadian banks

BalkansCat/iStock Editorial via Getty Images

Canada’s big banks are expected to see lower provisions for fiscal Q3, but loan growth is also projected to remain weak.

Banks’ loan portfolios were likely hit less than feared by the U.S. tariffs, resulting in sequentially lower loan-loss provisions this quarter, Reuters



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