9 Canadian bank stocks to watch

Considering investing in Canadian bank stocks? While the best Canadian bank stocks depend on your portfolio and investment goals, we've identified some Canadian bank stocks that are worth keeping an eye on in the financial services sector. Keep reading to learn more about Canadian bank stocks and how to start investing.

9 popular Canadian bank stocks to watch

We round up a selection of stocks in or related to the financial services industry, weighting the list more heavily towards popular mid- and large-cap stocks.

Best stock	1-year return	Market cap	Exchange	Volume	Buy on Questrade
Royal Bank of Canada (RY.TO)	39.06% Royal Bank of Canada's 1-year return based on the closing price as of November 6, 2025.	$399 billion (CAD)	Toronto Stock Exchange	2,078,516	Buy now
Toronto Dominion Bank (TD.TO)	61.90% Toronto Dominion Bank's 1-year return based on the closing price as of November 5, 2025.	$285.8 billion (CAD)	Toronto Stock Exchange	4,501,344	Buy now
Bank of Montreal (BMO.TO)	42.43% Bank of Montreal's 1-year return based on the closing price as of November 5, 2025.	$168.2 billion (CAD)	Toronto Stock Exchange	2,000,269	Buy now
Bank of Nova Scotia (BNS.TO)	50.35% Bank of Nova Scotia's 1-year return based on the closing price as of November 5, 2025.	$160.4 billion (CAD)	Toronto Stock Exchange	3,646,589	Buy now
Canadian Imperial Bank Of Commerce (CM.TO)	43.13% Canadian Imperial Bank Of Commerce's 1-year return based on the closing price as of November 5, 2025.	$148.5 billion (CAD)	Toronto Stock Exchange	2,421,611	Buy now
National Bank of Canada (NA.TO)	36.76% National Bank of Canada's 1-year return based on the closing price as of November 5, 2025.	$82 billion (CAD)	Toronto Stock Exchange	1,138,561	Buy now
EQB (EQB.TO)	43.97% EQB's 1-year return based on the closing price as of November 6, 2025.	$5.1 billion (CAD)	Toronto Stock Exchange	128,551	Buy now
VersaBank (VBNK.TO)	83.95% VersaBank's 1-year return based on the closing price as of November 5, 2025.	$1 billion (CAD)	Toronto Stock Exchange	17,754	Buy now
Laurentian Bank Of Canada (LB.TO)	27.64% Laurentian Bank Of Canada's 1-year return based on the closing price as of November 5, 2025.	$1.8 billion (CAD)	Toronto Stock Exchange	802,873	Buy now

The values in this table are accurate as of the market close on November 2, 2026, or the most recent data available. Volume refers to the number of shares traded during the day.

What to look for when investing in Canadian bank stock

The financial services industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering Canadian bank stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.

How to invest in Canadian bank stock

1. Research the financial services industry. Before investing, learn about the Canadian bank stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
2. Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
3. Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
4. Select the Canadian bank stock(s) to buy. Search by company name or ticker symbol, like RY or TD. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
5. Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.

Our top picks for where to buy Canadian bank stocks

Are Canadian bank stocks a good investment?

While it's possible to turn a profit investing in Canadian bank stocks, keep in mind that—like any investment—Canadian bank stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the financial services industry, so carefully vet your picks before you invest.

What are the best Canadian bank stocks?

A lot of factors go into picking the best Canadian bank stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong Canadian bank stock investment for one person might not be suitable for another.

That said, we rounded up this list of popular Canadian bank stocks in or related to the financial services industry to help narrow down your options:

• Royal Bank of Canada (RY)
• Toronto Dominion Bank (TD)
• Bank of Montreal (BMO)
• Bank of Nova Scotia (BNS)
• Canadian Imperial Bank Of Commerce (CM)
• National Bank of Canada (NA)
• EQB (EQB)
• VersaBank (VBNK)
• Laurentian Bank Of Canada (LB)

Keep in mind that this is not a "best" list or a recommendation. It highlights some Canadian bank stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.

We've outlined detailed company and stock performance details for each Canadian bank stock below. Keep reading to decide if any of these companies are the right investment for you.

---

Royal Bank of Canada (RY)

Royal Bank of Canada operates as a diversified financial service company worldwide. Its Personal Banking segment offers home equity financing, personal lending, chequing and savings accounts, private banking, auto financing, mutual funds, GICs, credit cards, and payment products and solutions.

The company's Commercial Banking segments provides lending, deposit and transaction banking products and services.

Closing stock price	C$285.42
Market Capitalization The total market value of Royal Bank of Canada's outstanding shares	C$399 billion
Gross profit (TTM)	C$67.2 billion
Profit margin	33.87%
Revenue (TTM)	C$67.2 billion
Earnings per share (TTM)	C$15.86
52-week stock price range	C$196.55 – C$302.65

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 2, 2026.

---

Toronto Dominion Bank (TD)

The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. It operates through four segments: Canadian Personal and Commercial Banking; U.S. Retail; Wealth Management and Insurance; and Wholesale Banking.

The company offers personal deposits, such as chequing, savings, and investment products; financing, investment, cash management, international trade, and banking services to businesses; and financing options to customers at point of sale for automotive and recreational vehicle purchases.

Closing stock price	C$178.93
Market Capitalization The total market value of Toronto Dominion Bank's outstanding shares	C$285.8 billion
Gross profit (TTM)	C$60.8 billion
Profit margin	26.62%
Revenue (TTM)	C$60.8 billion
Earnings per share (TTM)	C$9.29
52-week stock price range	C$108.97 – C$178.95

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

---

Bank of Montreal (BMO)

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments.

The company offers chequing accounts, savings accounts, money markets and certificates of deposits, debit cards, overdrafts, digital banking, credit cards, loans, mortgages, investment and retirement options, and other banking services; and commercial banking products and services, including financing options and treasury and payment solutions, as well as risk management products.

Closing stock price	C$239.22
Market Capitalization The total market value of Bank of Montreal's outstanding shares	C$168.2 billion
Gross profit (TTM)	C$35.7 billion
Profit margin	25.66%
Revenue (TTM)	C$35.7 billion
Earnings per share (TTM)	C$12.27
52-week stock price range	C$163.80 – C$257.40

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

---

Bank of Nova Scotia (BNS)

The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.

The company offers financial advice and solutions, and banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and retail automotive financing solutions.

Closing stock price	C$133.44
Market Capitalization The total market value of Bank of Nova Scotia's outstanding shares	C$160.4 billion
Gross profit (TTM)	C$35.2 billion
Profit margin	28.43%
Revenue (TTM)	C$35.2 billion
Earnings per share (TTM)	C$7.65
52-week stock price range	C$88.58 – C$134.46

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 28, 2026.

---

Canadian Imperial Bank Of Commerce (CM)

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; Capital Markets and Direct Financial Services; and Corporate and Other segments.

It offers checking, savings, agriculture, and business accounts; mortgages; business, car, education, home, and other loans; lines of credit and agriculture loans; and cash management, small business financing, and overdraft protection services.

Closing stock price	C$163.36
Market Capitalization The total market value of Canadian Imperial Bank Of Commerce's outstanding shares	C$148.5 billion
Gross profit (TTM)	C$30 billion
Profit margin	33.74%
Revenue (TTM)	C$30 billion
Earnings per share (TTM)	C$10.38
52-week stock price range	C$113.19 – C$171.72

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 2, 2026.

---

National Bank of Canada (NA)

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International.

The Personal and Commercial segment offers banking, financing, and investing services to individuals, advisors, and businesses, as well as insurance operations.

Closing stock price	C$210.58
Market Capitalization The total market value of National Bank of Canada's outstanding shares	C$82 billion
Gross profit (TTM)	C$14.6 billion
Profit margin	33.28%
Revenue (TTM)	C$14.6 billion
Earnings per share (TTM)	C$11.96
52-week stock price range	C$151.56 – C$235.66

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

---

EQB (EQB)

EQB Inc., through its subsidiary, Equitable Bank, provides personal and commercial banking services to retail and commercial customers in Canada. It accepts term deposits, guaranteed investment certificates, high-interest savings accounts, institutional deposit notes, and covered bonds, as well as specialized financing solutions.

The company also offers single-family residential mortgages, reverse mortgages, and home equity lines of credit, as well as insurance loans.

Closing stock price	C$127.87
Market Capitalization The total market value of EQB's outstanding shares	C$5.1 billion
Gross profit (TTM)	C$875.6 million
Profit margin	-0.28%
Revenue (TTM)	C$875.6 million
Earnings per share (TTM)	-C$0.28
52-week stock price range	C$82.17 – C$149.59

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on November 3, 2026.

---

VersaBank (VBNK)

VersaBank provides various banking products and services in Canada and the United States. The company operates through four segments: Digital Banking Canada, Digital Banking USA, DRTC (Cybersecurity), and Digital Meteor.

It offers deposit products, such as guaranteed investment certificates, registered retirement savings plans, and tax-free savings accounts, as well as deposit insurance products.

Closing stock price	C$30.82
Market Capitalization The total market value of VersaBank's outstanding shares	C$1 billion
Gross profit (TTM)	C$146.5 million
Profit margin	23.11%
Revenue (TTM)	C$146.5 million
Earnings per share (TTM)	C$1.05
52-week stock price range	C$15.74 – C$33.95

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

---

Laurentian Bank Of Canada (LB)

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, commercial, and institutional customers in Canada and the United States. It operates through Personal and Commercial Banking, and the Capital Markets segments.

The company offers chequing, current, business, savings, day by day US dollar, youth, and senior accounts; personal and student line of credit; personal, student, RRSP, and term loans; fixed and variable rate mortgage; equity line of credit; commercial lending; revolving credit; financing solutions; and mortgage and loan insurance.

Closing stock price	C$40.43
Market Capitalization The total market value of Laurentian Bank Of Canada's outstanding shares	C$1.8 billion
Gross profit (TTM)	C$864.7 million
Profit margin	-0.93%
Revenue (TTM)	C$864.7 million
Earnings per share (TTM)	-C$0.49
52-week stock price range	C$30.82 – C$40.49

All dollar amounts in this table are in CAD. TTM refers to the "trailing 12 months." All values are accurate as of the market close on October 29, 2026.

Compare trading platforms to buy Canadian bank stock

Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.

Related: Compare the best stock trading platforms in Canada

Bottom line

If you're considering adding Canadian bank stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of Canadian bank stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the financial services industry to know when to buy, sell or hold. How to buy stocks in Canada

Frequently asked questions about Canadian bank stocks

• What are Canadian bank stocks?

  Canadian bank stocks are shares of companies that either directly work in the Canadian bank sector or operate within related industries. Investors interested in buying Canadian bank stocks may be looking to take advantage of market trends or lock in investments for the long haul.

• What is the top Canadian bank stock to buy in 2026?

  Unfortunately, it's almost impossible to choose a single "top" Canadian bank stock to invest in due to factors like market fluctuations, company management and shifting economic trends. These can all change—sometimes overnight—how a stock performs. It's best to do your own research to decide which companies fit within your risk tolerance. Reviewing a company's financial reports and past stock performance can help you decide if it's worth investing in.

• Where can I find information and regular updates about the financial services industry?

  You can keep track of the latest financial services news and updates by signing up for financial newsletters, visiting financial news sites, reading company investor relations pages and using market research platforms. Many online brokerages also offer sector reports, stock screeners and alerts to help you track movements in your stock performance or updates in or related to the financial services industry.

Check these other commodities and investment sectors

If you're thinking about diversifying your portfolio and investing in sectors beyond Canadian bank stocks, here are some others you can consider:

Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.