---
title: "国家银行在第二季度预览中表示，加拿大银行的定价仍然预期会有正面的每股收益惊喜"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/286588059.md"
description: "国家银行的第二季度预览强调，加拿大银行股票今年上涨了 13%，超越了 S&P/TSX 指数 550 个基点。分析师 Gabriel Dechaine 指出，银行的定价反映了对正面每股收益（EPS）惊喜的预期，当前的前瞻性每股收益市盈率为 14 倍。他推荐加拿大皇家银行和多伦多道明银行作为首选，而 BMO 可能会受益于美国贷款增长。目前 BMO 的价格为 251.72 美元，下跌 0.28%"
datetime: "2026-05-15T15:12:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286588059.md)
  - [en](https://longbridge.com/en/news/286588059.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286588059.md)
---

# 国家银行在第二季度预览中表示，加拿大银行的定价仍然预期会有正面的每股收益惊喜

11:12 AM EDT, 05/15/2026 (MT Newswires) -- Bank stocks are up 13% so far this year, outperforming the S&P/TSX by 550 basis points, notes National Bank in its second-quarter earnings preview of the sector.

Analyst Gabriel Dechaine writes that since the end of the first-quarter reporting season, Canadian banks have outperformed the market by 800 bps.

"Betting against the banks has been unwise, with them consistently beating expectations over the past two years," he warns, adding that, trading at 14x on forward EPS, the group is priced for positive EPS surprises or revisions. Barring a margin or credit surprise, the onus falls on the Capital Markets to deliver this outcome, which isn't impossible considering several favorable market conditions.

Dechaine's top picks are Royal Bank of Canada ( RY ) and Toronto-Dominion Bank ( MLWIQXX ) .

The U.S. loan growth factor would also be supportive of BMO (BMO.TO), considering the importance of its U.S. P&C segment's top-line expansion towards achieving the 12% ROE mark sometime in 2027, Dechaine adds.

Price: 251.72, Change: -0.71, Percent Change: -0.28

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### 相关股票

- [RY.US](https://longbridge.com/zh-CN/quote/RY.US.md)
- [TD.US](https://longbridge.com/zh-CN/quote/TD.US.md)
- [BMO.US](https://longbridge.com/zh-CN/quote/BMO.US.md)

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