Best Banks In Canada
By Sarah Crown, 5BestThings.com Channel Writer
In this list we will review the best Canadian banks. We review these banks based on Most Profitable bank, Market Capitalization, Asset base and growth rates and most important customer service. .
RBC offers full range of financial products and services to approximately 18 million customers, and overall good customer service 24/7 through phone
The key factors that have brought CIBC success are customer service, regarding recent study CIBC customer service scored higher than any competitor , also CIBC has dividend yield of 5.85% and a market cap. of about $23B
TD Bank Financial Group offers a full range of financial products and services to approximately 15 million customers worldwide through different lines including Canada and US personal and Commercial Banking , Wealth Management, Wholesale Banking including TD Securities,
TD has a dividend yield of 3.94% and about 804M shares outstanding
Scotiabank has 987.7 M shares to be exact.BNS has a dividend yield of 4.09% and a beta of 0.9.The 3-year dividend growth is 16.5%. BNS has lots of potential to grow due to its overseas operations
BMO Financial Group serves more than 11 million personal, commercial, corporate and institutional customers in North America and internationally. the operating groups – Personal and Commercial Banking, BMO Bank of Montreal in Canada and Harris in the United States; Private Client Group, and the wealth management business; and BMO Capital Markets – share one vision: to be the bank that defines great customer experience.
BMO has a dividend yield of 6.06% and a 3-year dividend growth of 19%+. The bank wrote down a lot of money some months ago due to losses in the subprime meltdown
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