Canadian Banc Corp. (CNDCF)
Canadian Banc Corp. operates in the Asset Management industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $12.10, down 0.50% on the session, giving a market capitalisation of $715.8M. On trailing twelve-month figures it carries a trailing P/E of 2.14, a net margin of 1155.9%. Its beta of 0.84 implies it has historically moved less than the broad market.
Canadian Banc Corp. functions as a closed-end equity mutual fund, initially established by Quadravest Inc. Its investment portfolio is actively overseen by Quadravest Capital Management Inc. The fund primarily allocates capital to publicly traded Canadian companies, with a particular focus on the banking industry. To assess its financial performance, the fund utilizes the S&P TSX Financial Index as a benchmark. Incorporated in Canada on May 25, 2005, the entity was previously known as Canadian Banc Recovery Corp.
Canadian Banc Corp. is most often compared with the following Financial Services names: