March, 2015 – InvestorLiterature.com Review
This is an extension of the 2014(11) Review of “Canadian Bank Stocks” in which we add a comparison to the leading US bank stocks. We start with a review of a recent Globe and Mail article comparing current valuation measures of Canadian and US banks. We then used the same data source as used in the original “Canadian Bank Stocks” for the long-term returns of these leading US Bank Stocks and compare the returns of the two. Finally we report a very good analysis by Editorial Advisory Board member Professor Sean Cleary of Queen’s who had one of his PhD students perform an analysis.