National Bank has agreed to purchase $Canadian Western Bank (CWB.CA)$ for $5 billion, a move that sees the bank paying a 118% premium over CWB's June 11 close price of C$24.89. This acquisition follows the $Royal Bank of Canada (RY.CA)$'s significant purchase of HSBC Canada, valued at $13.5 billion, signaling a consolidation trend in the Canadian banking industry.
Since the announcement, Canadian Western Ba...

Big 5 🇨🇦 banks are paying dividends for 195 yrs now!💰
Bank | Dividend Since | Current Yield
$Bank of Montreal (BMO.CA)$ | 1829 | 5.40%
$Bank of Nova Scotia (BNS.CA)$ | 1833 | 6.56%
$The Toronto-Dominion Bank (TD.CA)$ | 1857 | 5.47%
$Canadian Imperial Bank of Commerce (CM.CA)$ | 1868 | 5.51%
$Royal Bank of Canada (RY.CA)$ | 1870 | 3.98%
We own $ $Canadian Imperial Bank of Commerce (CM.CA)$ $Royal Bank of Canada (RY.CA)$ & $EQB Inc (EQB.CA)$ $National Bank of Canada (NA.CA)$
How many do you ow...

What the last two years have showed us with the changing interest rate environment is that EQB was better set up and more consistent than the big boys. Their NIM was better managed and earnings are better than ever.. whereas the big banks are struggling for growth. I would argue that $EQB Inc (EQB.CA)$ should have a premium over the big banks instead of the other way around. In any case, just picking up easy returns on this one in the near future. $100 is coming soon than we think. $Royal Bank of Canada (RY.CA)$ $Canadian Imperial Bank of Commerce (CM.CA)$

Stocks looking mighty interesting after today:
$Advanced Micro Devices (AMD.US)$
$Harley-Davidson (HOG.US)$
$GameStop (GME.US)$ jk
$EQB Inc (EQB.CA)$ dot to
AMD's correction this year is remarkable given market hype.