While Canada’s Big Six bank stocks – Royal Bank, TD, BMO, Scotiabank, CIBC and National Bank – absorb most of the financial sector’s limelight, they are by no means the only game in town when it comes to helping customers with their money and creating shareholder value.
A select group of smaller Canadian-listed banks operates in the shadows of these household names, innovating in the gaps they have yet to fill, and distinguishing themselves by catering to specialized and more digitally savvy customer bases.
How we picked the best-performing Canadian bank stocks
To put our list together, we turned to The Globe and Mail screener and searched for common stocks in the financial sector listed on Canadian exchanges that have returned at least 10 per cent year-over-year.
We then sorted from the highest to the lowest return and picked the first 10 stocks that offer personal, merchant or
