BMO, National Bank Climb as 1Q Profit Beats Estimates

BMO, National Bank Climb as 1Q Profit Beats Estimates

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of the oil slump on Canadian banks, focusing on BMO and National Bank's earnings. Despite impaired loans in the oil and gas sector, both banks showed profit growth. The Royal Bank is expected to report lower profits due to weaker capital markets. Future earnings for other banks like CIBC, Toronto Dominion, and Scotiabank are also discussed, with attention on oil prices and loan loss provisions.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the trend in gross impaired loans for oil and gas companies according to the banks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How do the oil and gas loans impact the overall loan book of the banks?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are analysts considering for the expected profit of Royal Bank compared to the previous year?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for CIBC's earnings report based on the text?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What major factors are investors watching for in the upcoming bank reports?

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