Toronto-Dominion Bank (TD.TO)

One of the biggest Canadian banks and has a great retail operation in Canada and a very strong presence in the US, in comparison to its peers. Very well managed and not overly expensive.

Pioneer in terms of getting into the US successfully. A large percentage of revenues come from retail banking. It held up much better last year. He already had exposure in the US on banking. It will be hard to get growth in the Canadian banks but 2-3% earnings growth would be good.

He continues to own and buy this one because he doesn’t have to own a US bank. He gets the diversification in 1 bank, that might take 2 or 3 otherwise.

(Market Call Minute) Maine to Florida in the US but not getting the ROEs they get in Canada.

(A Top Pick July 31/15. Up 12.7%.) Really likes their large US exposure. They are not in the kinds of banking that is going to be really hammered by the new regulations. Dividend yield of 3.8%.

(A Top Pick Aug 20/15. Up 14.65%.) A great bank. Have done a great job of growing their franchise in the US, around the east coast. Not trading at a high multiple and has a great yield. If they can keep their costs down, they can have bottom line growth between 10%-15%. Their US franchise is still not earning what it should be, and he thinks this is the upside to the story.

(A Top Pick August 17/15. Up 14.84%.) Likes their long term franchise. It is the lowest dividend payer of the group, but it has also been the best performer.

Toronto Dominion (TD-T) or Wells Fargo (WFC-N)? Two excellent banks. He would probably buy this one, simply because you wouldn’t be exposed to the currency fluctuations. They are both excellent, but he expects there will be a little more upside in this one.

This has been a really great bank stock. The recent hiccup is a reflection of global financial concerns. A wonderfully managed, good quality name. A name that should be in every portfolio.

(A Top Pick June 22/15. Up 5.54%.) His favourite bank. The main attraction is the exposure to the US. Their exposure to the UK is minimal.

Best Canadian bank? This is one of his favourite banks. Because they have strong exposure to the US, it has done an incredible job of building out their branch networks. The US is going to be a safe haven. You may see more money flow into the US, which might be good for this bank.

His favourite bank. It has had a focus in the US and is diversifying away from Canada. His view is that this is a retail bank focused on the customer, and less risky than capital markets and international. A conservative way to play the banking sector.

(Market Call Minute.) It doesn’t go up as high as the other banks, but this is a Buy. (See Top Picks.)

P/E ratios and BV are still below historical averages. She likes their exposure in the US. Expects dividends to grow for all the banks. Dividend yield of 3.9%. (See Top Picks.)

This receives a premium valuation relative to the other Canadian banks because of its US exposure and perceived growth opportunities. In the Canadian banks, this will be at the top of his list.