---
title: "國家銀行在第二季度預覽中表示，加拿大銀行的定價仍然預期會有正面的每股收益驚喜"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286588059.md"
description: "國家銀行的第二季度預覽強調，加拿大銀行股票今年上漲了 13%，超越了 S&P/TSX 指數 550 個基點。分析師 Gabriel Dechaine 指出，銀行的定價反映了對正面每股收益（EPS）驚喜的預期，當前的前瞻性每股收益市盈率為 14 倍。他推薦加拿大皇家銀行和多倫多道明銀行作為首選，而 BMO 可能會受益於美國貸款增長。目前 BMO 的價格為 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)
---

# 國家銀行在第二季度預覽中表示，加拿大銀行的定價仍然預期會有正面的每股收益驚喜

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.

### 相關股票

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

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