Financials Check-In: How Banks Are Navigating the Current Environment

In this episode of InFocus, Mike Gassewitz, CEO of TriCert Financial Group, is joined by TriCert Investment Counsel Portfolio Manager Lee Grimshaw, CFA, for an update on the financial sector. They discuss how major Canadian and U.S. banks are performing from a business fundamentals perspective, including earnings trends, capital strength, and return on equity.

The conversation also explores how markets have responded to these fundamentals, the differences between banking and insurance performance, and what loan-loss provisions, interest rate expectations, and economic conditions may signal for the future.

This content has been prepared by TriCert Investment Counsel Inc. The information, including forecast financial information, should not be considered as advice or a recommendation to investors and does not take into account your particular investment objectives or financial situation. Before acting on any information, you should consider the appropriateness of the information and speak with one of our portfolio managers. All securities and financial products or instrument transactions involve risks, including the risk of adverse or unanticipated market, financial or political developments and, in international transactions, currency risk. This content may contain forward-looking statements, including statements regarding our beliefs on current expectations and market conditions. Readers are cautioned not to place undue reliance on these forward-looking statements. TriCert Investment Counsel Inc. does not undertake any obligation to publicly release the result of any revisions to these forward-looking statements to reflect events or circumstances after the date hereof to reflect the occurrence of unanticipated events. While due care has been used in the preparation of forecast information, actual results may vary in a materially positive or negative manner. Forecasts and hypothetical examples are subject to uncertainty and contingencies outside TriCert Investment Counsel Inc.’s control. Methodologies and assumptions applied in calculating performance figures, returns, and other metrics discussed in this podcast are based on established internal standards and recognized industry practices. Comprehensive documentation detailing the calculation methods and underlying assumptions is available upon request. Past performance is not a reliable indication of future performance. © 2025 TriCert Financial Group Inc. All Rights Reserved.