Canadian Banc Corp Stock Today

BK Stock  CAD 11.05  0.22  2.03%   

Performance

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Odds Of Distress

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Bank of New York is selling at 11.05 as of the 17th of March 2025; that is 2.03% increase since the beginning of the trading day. The stock's open price was 10.83. Bank of New York has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 17th of December 2024 and ending today, the 17th of March 2025. Click here to learn more.
Business Domain
Financial Services
Classification
Financials
Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada. Bank of New York operates under Asset Management classification in Canada and is traded on Toronto Stock Exchange. The company has 30.19 M outstanding shares of which 34.66 K shares are currently shorted by private and institutional investors with about 0.37 days to cover all short positions. More on Canadian Banc Corp

Bank Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Bank of New York's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank of New York or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Bank of New York's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Bank of New York's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Bank of New York can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Bank of New York's financial leverage. It provides some insight into what part of Bank of New York's total assets is financed by creditors.
Liquidity
Bank of New York cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Canadian Banc Corp has accumulated 364.56 M in total debt with debt to equity ratio (D/E) of 97.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Canadian Banc Corp has a current ratio of 1.96, which is within standard range for the sector. Debt can assist Bank of New York until it has trouble settling it off, either with new capital or with free cash flow. So, Bank of New York's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Canadian Banc Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Bank to invest in growth at high rates of return. When we think about Bank of New York's use of debt, we should always consider it together with cash and equity.

Total Cash From Operating Activities

(149.46 Million)
Canadian Banc Corp (BK) is traded on Toronto Exchange in Canada and employs 2 people. Bank of New York is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 333.57 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of New York's market, we take the total number of its shares issued and multiply it by Bank of New York's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Canadian Banc Corp classifies itself under Capital Markets sector and is part of Financials industry. The entity has 30.19 M outstanding shares of which 34.66 K shares are currently shorted by private and institutional investors with about 0.37 days to cover all short positions. Canadian Banc Corp has accumulated about 226.1 M in cash with (136.8 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 20.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Bank of New York Probability Of Bankruptcy

Canadian Banc Corp Risk Profiles

Although Bank of New York's alpha and beta are two of the key measurements used to evaluate Bank of New York's performance over the market, the standard measures of volatility play an important role as well.

Bank Stock Against Markets

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Other Information on Investing in Bank Stock

Bank of New York financial ratios help investors to determine whether Bank Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bank with respect to the benefits of owning Bank of New York security.