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Big Bank Earnings Are In: What They Reveal About Your Mortgage Stress

  August 26, 2026 Canada's biggest banks are in the middle of reporting Q3 2026 results, and so far the headline numbers look strong. BMO and Scotiabank both beat analyst estimates this week, and National Bank of Canada reported this morning. RBC, TD, and CIBC follow Thursday, closing out the sector's earnings season. But the number that actually matters to most Canadians isn't profit — it's what the banks are setting aside for loans that might go bad, and what they're saying about who's struggling to keep up. That's where the picture gets more interesting than the headlines suggest. The headline numbers BMO kicked off the week with adjusted profit up 22% year-over-year and return on equity climbing to 14%, with the bank reiterating its target of 15% ROE by the end of fiscal 2027. Scotiabank posted what CEO Scott Thomson called a record quarter: net income of $3 billion, up 21% year-over-year, with adjusted ROE hitting 14.2% — clearing the bank's own med...
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Wall Street Pushes Higher as Markets Seek a Steady Finish

 

US stocks moved upward as the Dow, S&P 500, and Nasdaq all posted gains, offering investors a calmer end to what has been a choppy week. Technology shares once again played a central role in lifting market sentiment, with major chipmakers and AI‑linked companies helping drive the Nasdaq higher.

A strong earnings report from a leading semiconductor manufacturer boosted confidence across the tech sector, sparking renewed interest in companies tied to artificial intelligence and advanced chip production. Several major tech names followed with solid rebounds, reinforcing the sector’s momentum.

Financial stocks also added support after a series of upbeat earnings from large banks earlier in the week. Investors are now watching upcoming results from regional lenders, which could help shape expectations for the sector’s stability in the months ahead.

Despite lingering geopolitical concerns and earlier volatility, the market’s tone improved as the week progressed. With tech strength and steady corporate results providing a cushion, Wall Street appears poised to close the week on firmer footing.


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