Big banks set to post higher profits as lenders continue to shrug off trade war concerns

NodeGuardian · 2026-03-02T05:05:20+00:00

Canada's major banks are projected to see profit gains in Q1 due to increased trading activity and strong capital markets performance, despite weakened loan demand. Analysts expect modest profit increases and slight rises in credit loss provisions.

NodeGuardian

2026-03-02 05:05:20

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Canada’s major banks are expected to report higher profits in the first quarter, driven by elevated trading activity and strong performance in capital markets and wealth management, which will help to offset softening loan demand. Despite ongoing trade war concerns and modest loan growth, analysts anticipate mid-single-digit profit increases. Provisions for credit losses are expected to rise only slightly, indicating stable financial health among customers, though some uncertainty remains regarding the release of reserves in Canada.

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