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Canadian (TSX) Financials Sector Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies237
  • 7D4.5%
  • 3M-7.2%
  • 1Y18.7%
  • YTD-6.2%

Over the last 7 days, the Financials industry has risen 4.5%, driven by gains from Royal Bank of Canada of 4.8%. In the same time, Sol Strategies was down 6.0%. This takes the industry's 12 month performance to a gain of 19%. As for the next few years, earnings are expected to grow by 17% per annum.

Sector Valuation and Performance

Has the Canadian Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Apr 2025CA$1.3tCA$578.2bCA$81.5b12.1x15.7x2.2x
Sun, 16 Mar 2025CA$1.3tCA$583.3bCA$82.1b12.7x15.8x2.2x
Tue, 11 Feb 2025CA$1.4tCA$590.0bCA$82.6b12.6x16.7x2.3x
Thu, 09 Jan 2025CA$1.3tCA$590.2bCA$82.4b12.6x15.4x2.1x
Sat, 07 Dec 2024CA$1.3tCA$579.1bCA$82.8b13.1x15.6x2.2x
Mon, 04 Nov 2024CA$1.2tCA$590.6bCA$78.1b12.8x15.6x2.1x
Wed, 02 Oct 2024CA$1.2tCA$583.1bCA$78.0b11.7x15.4x2.1x
Fri, 30 Aug 2024CA$1.1tCA$582.1bCA$77.6b12x14.5x1.9x
Sun, 28 Jul 2024CA$1.1tCA$577.3bCA$78.7b11.8x14x1.9x
Tue, 25 Jun 2024CA$1.0tCA$575.0bCA$78.5b11.1x13.1x1.8x
Thu, 23 May 2024CA$1.1tCA$571.6bCA$78.3b11.1x13.7x1.9x
Sat, 20 Apr 2024CA$1.0tCA$579.0bCA$80.1b11.2x12.7x1.8x
Mon, 18 Mar 2024CA$1.0tCA$596.9bCA$79.8b11.5x13.1x1.8x
Wed, 14 Feb 2024CA$995.5bCA$592.6bCA$81.7b9.8x12.2x1.7x
Fri, 12 Jan 2024CA$1.0tCA$584.6bCA$80.9b9.8x12.5x1.7x
Sun, 10 Dec 2023CA$966.8bCA$587.1bCA$80.9b9.6x12x1.6x
Tue, 07 Nov 2023CA$920.0bCA$584.8bCA$86.3b9.9x10.7x1.6x
Thu, 05 Oct 2023CA$907.3bCA$589.3bCA$84.6b9.5x10.7x1.5x
Sat, 02 Sep 2023CA$960.4bCA$604.2bCA$84.5b10.4x11.4x1.6x
Mon, 31 Jul 2023CA$993.6bCA$586.8bCA$82.2b10.6x12.1x1.7x
Wed, 28 Jun 2023CA$868.1bCA$557.2bCA$74.0b10.4x11.7x1.6x
Fri, 26 May 2023CA$939.3bCA$585.7bCA$87.7b10.4x10.7x1.6x
Sun, 23 Apr 2023CA$978.6bCA$554.0bCA$87.0b10.6x11.3x1.8x
Tue, 21 Mar 2023CA$915.7bCA$553.4bCA$86.2b10.1x10.6x1.7x
Thu, 16 Feb 2023CA$1.0tCA$559.1bCA$93.1b11.1x10.9x1.8x
Sat, 14 Jan 2023CA$977.3bCA$559.7bCA$95.3b10.5x10.3x1.7x
Mon, 12 Dec 2022CA$973.3bCA$558.0bCA$92.8b10.1x10.5x1.7x
Wed, 09 Nov 2022CA$928.6bCA$557.8bCA$90.6b9.8x10.3x1.7x
Fri, 07 Oct 2022CA$907.5bCA$565.3bCA$92.3b9.1x9.8x1.6x
Sun, 04 Sep 2022CA$929.3bCA$557.9bCA$92.0b9.2x10.1x1.7x
Tue, 02 Aug 2022CA$955.1bCA$614.8bCA$97.6b9x9.8x1.6x
Thu, 30 Jun 2022CA$933.0bCA$620.6bCA$99.7b8.7x9.4x1.5x
Sat, 28 May 2022CA$1.0tCA$618.3bCA$99.5b9.7x10.2x1.6x
Mon, 25 Apr 2022CA$1.0tCA$614.3bCA$96.2b9.8x10.8x1.7x
Price to Earnings Ratio

10.8x


Total Market Cap: CA$1.0tTotal Earnings: CA$96.2bTotal Revenue: CA$614.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Financials Sector Price to Earnings3Y Average 12.3x202320242025
Current Industry PE
  • Investors are optimistic on the Canadian Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 15.7x which is higher than its 3-year average PE of 12.3x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 5.4% per year over the last three years,
  • Revenues have also declined 2.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Canadian Financials sector?

CA Market5.56%
Financials4.48%
Consumer Finance5.78%
Diversified Financial5.16%
Capital Markets4.67%
Banks4.59%
Insurance4.04%
Mortgage Finance0%0
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 26.0x.
    • Analysts are expecting annual earnings growth of 60.9%, which is higher than its past year's earnings growth of 25.0% per year.
  • Investors are most pessimistic about the Consumer Finance industry, which is trading below its 3-year average of 15.4x.
Forecasted Growth
  • Analysts are most optimistic on the Capital Markets industry, expecting annual earnings growth of 61% over the next 5 years.
  • This is better than its past earnings growth rate of 25% per year.
  • In contrast, the Insurance industry is expected to see its earnings grow by 5.2% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RY Royal Bank of CanadaCA$160.914.8%
+CA$10.3b		20.5%PB1.9x
TD Toronto-Dominion BankCA$83.986.0%
+CA$8.4b		6.5%PB1.3x
BN BrookfieldCA$68.815.0%
+CA$5.4b		29.5%PE173.1x
BAM Brookfield Asset ManagementCA$67.204.3%
+CA$4.5b		27.0%PE144.9x
BMO Bank of MontrealCA$129.323.9%
+CA$3.5b		3.2%PB1.1x
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Latest News

TD

CA$83.98

Toronto-Dominion Bank

7D

6.0%

1Y

6.5%

BAM

CA$67.20

Brookfield Asset Management

7D

4.3%

1Y

27.0%

RY

CA$160.91

Royal Bank of Canada

7D

4.8%

1Y

20.5%

HODL

CA$1.72

Sol Strategies

7D

-6.0%

1Y

1,395.7%

BMO

CA$129.32

Bank of Montreal

7D

3.9%

1Y

3.2%

AGF.B

CA$9.21

AGF Management

7D

-1.4%

1Y

16.4%

Results: AGF Management Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Apr 11
Results: AGF Management Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

BN

CA$68.81

Brookfield

7D

5.0%

1Y

29.5%

SKY

CA$0.045

Skycap Investment Holdings

7D

-40.0%

1Y

-55.0%

RCG

CA$9.34

RF Capital Group

7D

-6.6%

1Y

26.9%

WNDR

CA$0.19

WonderFi Technologies

7D

-3.8%

1Y

-16.3%

CXI

CA$19.85

Currency Exchange International

7D

-2.2%

1Y

-21.8%

BNS

CA$65.69

Bank of Nova Scotia

7D

3.2%

1Y

2.4%

CM

CA$81.60

Canadian Imperial Bank of Commerce

7D

3.4%

1Y

25.5%

IFC

CA$293.93

Intact Financial

7D

6.0%

1Y

32.5%

FRNT

CA$0.30

FRNT Financial

7D

-11.8%

1Y

-51.6%

PUMP

CA$0.005

Stock Trend Capital

7D

-50.0%

1Y

0%