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Hello, Dan
What are your thoughts on Bank of America?

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Asked on March 7, 2025 4:30 am
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It is a solid institution. I have always opted for my exposure to be in Canadian banks just because I understand the regulatory environment a little bit better and the US banking system always seems to go through a bit of turmoil every now and then.

Strong earnings and sales growth, solid returns on equity. If you are looking to buy it, I wouldn't necessarily criticize a buy.

That said, I do believe Canadian banks, in particular something like Royal, has historically been a better performing bank and one that is protected by much more stringent regulations. For that reason, I personally would always lean towards Canadian institutions.

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Posted by Dan Kent
Answered on March 9, 2025 9:32 am