Canadian bank industry overview - part 1 |
Large banks
Large banks have revenue between $4 and $20 billion.
Banks in this category include TD, RBC, Scotia, CIBC, BMO and National
Bank. Desjardins is not included as it is a cooperative.
Mid-large banks
Revenue for mid-large banks ranges from $400 to $650 million.
Banks include Laurentian, Manulife and Tangerine.
Mid-size banks
This category of banks include B2B, Canadian Tire, Equitable, Presidents
Choice and Wealth One
Revenue for mid-sized banks ranges from $170 to just under $400 million.
Small-mid banks
This category includes Caisee Populaire Acadianne, Hollis, Home Equity and
Versabank.
Revenue for this category ranges from $40 to just over $120 million.
Small banks
This category includes the likes of Bridgewater and CFF to Zag Bank.
Revenue for small banks ranges from negative to $30 million
ROE large banks
Large bank return on equity (ROE) ranges from 12 per cent to 18 per cent.
ROE small
Small bank ROE is typically below 6 per cent, but variations, such as
Direct Cash at 18% are not surprising.
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