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Canadian (TSX) Financials Sector Analysis

UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies241
  • 7D-0.0008%
  • 3M7.2%
  • 1Y29.6%
  • YTD2.4%

Over the last 7 days, the Financials industry has risen 1.0%, driven by gains from Brookfield of 5.0%. In the last 12 months, the industry was up 30%. Looking forward, earnings are forecast to grow by 9.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 01 Feb 2025CA$1.3tCA$592.3bCA$82.5b12.6x15.8x2.2x
Mon, 30 Dec 2024CA$1.3tCA$590.7bCA$82.4b12.9x15.5x2.2x
Wed, 27 Nov 2024CA$1.3tCA$588.9bCA$80.1b12.8x15.9x2.2x
Fri, 25 Oct 2024CA$1.2tCA$588.1bCA$78.2b12.6x15.7x2.1x
Sun, 22 Sep 2024CA$1.2tCA$584.1bCA$78.0b12.4x15.3x2x
Tue, 20 Aug 2024CA$1.1tCA$581.5bCA$80.0b11.5x13.8x1.9x
Thu, 18 Jul 2024CA$1.1tCA$575.4bCA$78.6b11.7x13.9x1.9x
Sat, 15 Jun 2024CA$1.0tCA$576.0bCA$78.6b11x13.2x1.8x
Mon, 13 May 2024CA$1.1tCA$571.1bCA$78.3b11.3x13.6x1.9x
Wed, 10 Apr 2024CA$1.1tCA$576.3bCA$79.9b10.8x13.3x1.8x
Fri, 08 Mar 2024CA$1.1tCA$594.1bCA$79.8b11.4x13.2x1.8x
Sun, 04 Feb 2024CA$1.0tCA$585.4bCA$80.9b10.7x12.5x1.7x
Tue, 02 Jan 2024CA$1.0tCA$582.5bCA$80.8b9.9x12.7x1.8x
Thu, 30 Nov 2023CA$944.7bCA$563.4bCA$88.5b9.3x10.7x1.7x
Sat, 28 Oct 2023CA$864.5bCA$591.0bCA$84.6b9.6x10.2x1.5x
Mon, 25 Sep 2023CA$941.9bCA$585.7bCA$84.5b9.9x11.2x1.6x
Wed, 23 Aug 2023CA$930.3bCA$601.5bCA$86.1b10.2x10.8x1.5x
Fri, 21 Jul 2023CA$993.3bCA$586.0bCA$82.1b10.8x12.1x1.7x
Sun, 18 Jun 2023CA$956.9bCA$586.6bCA$82.3b10.5x11.6x1.6x
Tue, 16 May 2023CA$961.8bCA$597.6bCA$87.6b10.7x11x1.6x
Thu, 13 Apr 2023CA$956.8bCA$552.8bCA$86.9b10.4x11x1.7x
Sat, 11 Mar 2023CA$951.6bCA$559.7bCA$86.5b10.4x11x1.7x
Mon, 06 Feb 2023CA$1.0tCA$559.8bCA$95.4b10.8x10.6x1.8x
Wed, 04 Jan 2023CA$931.1bCA$563.2bCA$95.6b10.3x9.7x1.7x
Fri, 02 Dec 2022CA$982.2bCA$546.0bCA$87.7b10.4x11.2x1.8x
Sun, 30 Oct 2022CA$926.7bCA$564.5bCA$92.3b9.5x10x1.6x
Tue, 27 Sep 2022CA$910.0bCA$565.1bCA$92.3b9.1x9.9x1.6x
Thu, 25 Aug 2022CA$958.1bCA$558.1bCA$93.2b9.5x10.3x1.7x
Sat, 23 Jul 2022CA$935.1bCA$620.6bCA$99.7b8.7x9.4x1.5x
Mon, 20 Jun 2022CA$931.9bCA$622.3bCA$99.6b8.9x9.4x1.5x
Wed, 18 May 2022CA$983.0bCA$615.0bCA$95.5b10x10.3x1.6x
Fri, 15 Apr 2022CA$1.1tCA$613.3bCA$96.2b9.8x11x1.7x
Sun, 13 Mar 2022CA$1.1tCA$610.8bCA$96.7b9.9x11.2x1.8x
Tue, 08 Feb 2022CA$1.1tCA$590.6bCA$93.2b11.5x12.2x1.9x
Price to Earnings Ratio

12.2x


Total Market Cap: CA$1.1tTotal Earnings: CA$93.2bTotal Revenue: CA$590.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Canadian Financials Sector Price to Earnings3Y Average 12x202320242025
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 12.0x.
  • 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 4.0% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

CA Market-0.47%
Financials-0.00084%
Capital Markets0.30%
Banks0.21%
Mortgage Finance0%0
Mortgage REITs0%0
Insurance-0.57%
Diversified Financial-1.88%
Consumer Finance-7.87%
Industry PE
  • Investors are most optimistic about the Capital Markets industry which is trading above its 3-year average PE ratio of 22.9x.
    • Analysts are expecting annual earnings growth of 43.7%, which is higher than its past year's earnings growth of 8.0% per year.
  • Investors are most pessimistic about the Insurance industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.9x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 48% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Insurance industry is expected to see its earnings grow by 4.8% 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
BN BrookfieldCA$88.861.4%
+CA$1.9b		68.7%PE124.9x
RY Royal Bank of CanadaCA$177.180.7%
+CA$1.7b		35.0%PB2.1x
TD Toronto-Dominion BankCA$82.910.9%
+CA$1.3b		2.2%PB1.3x
POW Power Corporation of CanadaCA$44.051.7%
+CA$463.5m		12.8%PE12.4x
BAM Brookfield Asset ManagementCA$86.981.2%
+CA$415.6m		60.5%PE55.8x
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Latest News

TD

CA$82.91

Toronto-Dominion Bank

7D

0.9%

1Y

2.2%

BAM

CA$86.98

Brookfield Asset Management

7D

1.2%

1Y

60.5%

GWO

CA$46.99

Great-West Lifeco

7D

0.7%

1Y

5.3%

NA

CA$128.99

National Bank of Canada

7D

-1.6%

1Y

25.6%

GLXY

CA$28.48

Galaxy Digital Holdings

7D

-12.4%

1Y

197.6%

GSY

CA$176.93

goeasy

7D

-8.3%

1Y

13.4%

BN

CA$88.86

Brookfield

7D

1.4%

1Y

68.7%

RY

CA$177.18

Royal Bank of Canada

7D

0.7%

1Y

35.0%

BMO

CA$143.88

Bank of Montreal

7D

-0.7%

1Y

14.4%

ELF

CA$1,400.75

E-L Financial

7D

-8.1%

1Y

36.5%

Little Excitement Around E-L Financial Corporation Limited's (TSE:ELF) Earnings

Jan 22
Little Excitement Around E-L Financial Corporation Limited's (TSE:ELF) Earnings

X

CA$44.98

TMX Group

7D

-2.2%

1Y

33.4%

Unpleasant Surprises Could Be In Store For TMX Group Limited's (TSE:X) Shares

Jan 15
Unpleasant Surprises Could Be In Store For TMX Group Limited's (TSE:X) Shares

CM

CA$91.55

Canadian Imperial Bank of Commerce

7D

0.4%

1Y

49.8%

MFC

CA$43.46

Manulife Financial

7D

-0.8%

1Y

47.6%

It's A Story Of Risk Vs Reward With Manulife Financial Corporation (TSE:MFC)

Jan 09
It's A Story Of Risk Vs Reward With Manulife Financial Corporation (TSE:MFC)

FFH

CA$1,956.26

Fairfax Financial Holdings

7D

-2.9%

1Y

40.8%

POW

CA$44.05

Power Corporation of Canada

7D

1.7%

1Y

12.8%

PVF.UN

CA$150.00

Partners Value Investments

7D

3.4%

1Y

58.1%