- Bank of America Corporation (BAC)
- Citigroup Inc. (C)
- Toronto-Dominion Bank (The) (TD)
- Bank of Montreal (BMO)
Q: How would you rank BAC vs.C, and then vs a couple of Canadian banks, TD and BMO as examples.
5i Research Answer:
Today we would rank C marginally better than BAC, on valuation and yield. But with much lower valuations and much higher yields, we would still rank them both below TD and BMO.