The Globe and Mail
🏢 Globe and Mail Inc. (Woodbridge)
Jun 24, 2026
· 5 min read
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Barlow’s Research Roundup: Bank stocks are expensive for a reason
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Barlow’s Research Roundup: Bank stocks are expensive for a reason
SCOTT BARLOW
MARKET STRATEGIST
PUBLISHED 1 HOUR AGO
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Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
EXPENSIVE BUT STILL ATTRACTIVE
Scotiabank strategist Hugo Ste-Marie argued that domestic bank stocks are expensive for a reason,
“Canadian Bank Valuations: Rich, but Still Supported … The TSX Banks Index is now trading near 16x forwar…
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