Canada's Big Six Banks Reach $950 Billion Stock Market Value, Set New Milestone

Canada's six largest banks have surpassed earnings estimates in Q4, driven by strong capital markets performance. Toronto-Dominion earned C$2.18 per share, Bank of Montreal posted C$3.28, and CIBC reported C$2.21. The banks' combined stock market value is closing in on C$1 trillion, with a 16-week winning streak and a 15% increase in banker bonus pools. The sector is a leveraged play on the Canadian economy, but the trade war with the US still hangs over the mood.