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Canadian Banc Corp

Financial Services CA BK

10.84CAD
0.04(0.37%)

Last update at 2024-05-06T20:00:00Z

Day Range

10.7710.85
LowHigh

52 Week Range

8.9312.45
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Type yearly yearly yearly yearly yearly
Date 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Income before tax 3.19M 61.18M -13.67105M 21.61M -4.84810M
Minority interest - - - - -
Net income 3.19M 61.18M -13.72638M 21.61M -4.84810M
Selling general administrative 0.64M 1.05M 0.70M 0.87M 0.93M
Selling and marketing expenses - - - - -
Gross profit 4.32M 62.63M -12.67467M 22.82M -1.63620M
Reconciled depreciation - - - - -
Ebit 3.49M 61.45M -13.42645M 21.75M -4.72685M
Ebitda 3.19M 61.18M -13.61572M 21.65M -4.84810M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income 3.19M 61.18M -13.61572M 21.65M -4.72685M
Other operating expenses 1.13M 1.45M 1.00M 1.21M 0.42M
Interest expense - 0.00000M 0.00000M 0.00000M 0.00000M
Tax provision - - 0.06M 0.04M -
Interest income 0.55M 0.00000M 0.03M 0.16M 0.05M
Net interest income 0.55M 0.00000M 0.03M 0.16M 0.05M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.14M 0.06M 0.06M 0.04M 0.00000M
Total revenue 4.32M 62.63M -12.67467M 22.82M -3.59857M
Total operating expenses 1.13M 1.45M 1.00M 1.21M 1.25M
Cost of revenue - - - - 0.00000M
Total other income expense net - - -0.05533M -0.03989M -5.10469M
Discontinued operations - - - - -
Net income from continuing ops 3.19M 61.18M -13.67105M 21.61M -4.84810M
Net income applicable to common shares -5.21959M 55.88M -19.27362M 15.57M -9.83154M
Preferred stock and other adjustments - - - - -
Breakdown 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Type yearly yearly yearly yearly yearly
Date 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Total assets 353.12M 238.52M 206.21M 239.23M 238.27M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets - - - - -
Total liab 168.77M 2.08M 1.05M 1.46M 115.06M
Total stockholder equity 184.35M 133.82M 96.27M 126.05M 123.21M
Deferred long term liab - - - - -
Other current liab -6.21865M -2.07775M -1.04659M -1.46241M 1.80M
Common stock 184.35M 133.82M 96.27M 126.05M 123.21M
Capital stock - - - - -
Retained earnings - - - - -
Other liab - - - - -
Good will - - - - -
Other assets - - - - 238.27M
Cash 60.39M 5.27M 5.77M 17.53M 13.11M
Cash and equivalents - - - - -
Total current liabilities 6.22M 2.08M 1.05M 1.46M 115.06M
Current deferred revenue - - - - -
Net debt -60.39083M -5.27252M -5.77477M -17.52791M -13.10923M
Short term debt - - - - 111.81M
Short long term debt - - - - 111.81M
Short long term debt total - - - - -
Other stockholder equity - - - - 123.21M
Property plant equipment - - - - -
Total current assets 61.39M 5.28M 5.78M 17.53M 238.27M
Long term investments 291.73M 233.24M 200.43M 221.69M 222.23M
Net tangible assets 184.35M 133.82M 96.27M 126.05M 123.21M
Short term investments - - - - 222.23M
Net receivables 1.00M 0.00964M 0.00511M 0.00563M 2.94M
Long term debt - - - - -
Inventory - - - - -
Accounts payable 6.22M 2.08M 1.05M 1.46M 2.60M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -291.72553M -233.24160M -200.43398M -221.69361M -
Deferred long term asset charges - - - - -
Non current assets total 291.73M 233.24M 200.43M 221.69M -
Capital lease obligations - - - - -
Long term debt total - - - - -
Breakdown 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Type yearly yearly yearly yearly yearly
Date 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Investments - - - - -
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - - - - -
Net borrowings - - - - -
Total cash from financing activities 107.92M -27.31483M -20.65808M -19.69105M 47.63M
Change to operating activities -0.06229M 0.09M -0.06644M 0.01M 0.05M
Net income -5.21959M 55.88M -19.27362M 15.57M -9.83154M
Change in cash 55.12M -0.50225M -11.75314M 4.42M -3.05070M
Begin period cash flow 5.27M 5.77M 17.53M 13.11M 16.16M
End period cash flow 60.39M 5.27M 5.77M 17.53M 13.11M
Total cash from operating activities -52.79348M 26.79M 8.92M 24.12M -50.69829M
Issuance of capital stock 146.49M 0.99M - 0.00000M 68.07M
Depreciation - - - - -
Other cashflows from investing activities - - - - -
Dividends paid 34.37M 16.46M 13.72M 17.83M 17.65M
Change to inventory - - - - -
Change to account receivables -0.07045M -0.00453M 0.00051M 0.00795M -0.00839M
Sale purchase of stock 0.00000M -11.70306M -6.93518M -1.86380M -
Other cashflows from financing activities -4.20110M -0.14047M -0.14047M -0.14047M -2.78609M
Change to netincome -48.94418M -29.25521M 28.26M 8.54M -40.90855M
Capital expenditures 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -0.13274M 0.09M -0.06593M 0.02M 0.04M
Stock based compensation - - - - -
Other non cash items -47.44114M -29.18000M 28.26M 8.54M -40.90855M
Free cash flow -52.79348M 26.79M 8.92M 24.12M -50.69829M

Fundamentals

  • Previous Close 10.80
  • Market Cap230.76M
  • Volume42958
  • P/E Ratio-
  • Dividend Yield18.07%
  • Revenue TTM-25.38108M
  • Revenue Per Share TTM-1.464
  • Gross Profit TTM 6.92M
  • Diluted EPS TTM-2.53

Peer Comparison

Sector: Financial Services Industry: Asset Management

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x)
BK
Canadian Banc Corp
0.04 0.37% 10.84 - - 32.05 1.10
BN
Brookfield Corporation
1.39 2.38% 59.70 - 9.54 0.86 1.53 3.88 14.06
BAM
Brookfield Asset Management Ltd
1.10 2.06% 54.61 648.13 26.60 5.00 6.91 11.10 9.74
IGM
IGM Financial Inc.
0.16 0.42% 38.12 8.85 9.56 2.14 1.31 4.30 10.58
PHYS
Sprott Physical Gold
0.25 1.03% 24.62 162.54 - 11.16 1.07 0.26 0.66

Reports Covered

Stock Research & News

Profile

Canadian Banc Corp. is a close-ended equity mutual fund launched by Quadravest Inc. The fund is managed by Quadravest Capital Management Inc. It invests in the public equity markets of Canada. The fund invests in stocks of companies engaged in the banking sector. It benchmarks the performance of its portfolio against the S&P TSX Financial Index. The fund was formerly known as Canadian Banc Recovery Corp. Canadian Banc Corp. was formed on May 25, 2005 and is domiciled in Canada.

Canadian Banc Corp

77 King Street West, Toronto, ON, Canada, M5K 1K7

Key Executives

Name Title Year Born
Mr. Peter F. Cruickshank Portfolio Mang. NA
Ms. Laura L. Johnson Portfolio Mang. NA

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