Financial Post — Finance

Capital Markets Expected to Drive Big 6 Banks as Earnings Season Kicks Off

Canada’s Big Six banks are kicking off first‑quarter earnings with analysts forecasting solid capital‑markets and wealth‑management revenue, positive operating leverage and contained credit losses. Return‑on‑equity expansion is highlighted as the key upside catalyst, with many institutions already raising FY2025 targets. Valuations remain at historic highs, though multiples sit within long‑term ranges. Macro uncertainty persists, especially around CUSMA negotiations and consumer credit trends, which could temper growth prospects.