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Canada Banks Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 48 Pages
  • April 2023
  • Region: Canada
  • MarketLine
  • ID: 5834986
Banks in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
  • The Canadian banks industry group had total assets of $5,749.4 billion in 2022, representing a compound annual growth rate (CAGR) of 6.8% between 2017 and 2022.
  • The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $2,346.2 billion, equivalent to 40.8% of the industry group's overall value.
  • According to the OECD, the long-term interest rates of Canadian banks had increased steadily during the historic period, from 1.9% per annum in December 2017 to 2.9% per annum in January 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the banks market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in Canada
  • Leading company profiles reveal details of key banks market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada banks market with five year forecasts

Reasons to Buy

  • What was the size of the Canada banks market by value in 2022?
  • What will be the size of the Canada banks market in 2027?
  • What factors are affecting the strength of competition in the Canada banks market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's banks market?
Frequently Asked Questions about the Canadian Banks Market

What is the estimated value of the Canadian Banks Market?

The Canadian Banks Market was estimated to be valued at $5749.36 Billion in 2022.

What is the growth rate of the Canadian Banks Market?

The growth rate of the Canadian Banks Market is 5.7%, with an estimated value of $7588.22 Billion by 2027.

What is the forecasted size of the Canadian Banks Market?

The Canadian Banks Market is estimated to be worth $7588.22 Billion by 2027.

Who are the key companies in the Canadian Banks Market?

Key companies in the Canadian Banks Market include The Toronto, Dominion Bank, Royal Bank of Canada, Bank of Montreal and The Bank of Nova Scotia.

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of the leading players?
7.3. What has been the recent M&A activity?
8 Company Profiles
8.1. The Toronto-Dominion Bank
8.2. Royal Bank of Canada
8.3. Bank of Montreal
8.4. The Bank of Nova Scotia
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: Canada banks industry value: $ billion, 2017-22
Table 2: Canada banks industry category segmentation: % share, by value, 2017-2022
Table 3: Canada banks industry category segmentation: $ billion, 2017-2022
Table 4: Canada banks industry geography segmentation: $ billion, 2022
Table 5: Canada banks industry value forecast: $ billion, 2022-27
Table 6: The Toronto-Dominion Bank: key facts
Table 7: The Toronto-Dominion Bank: Annual Financial Ratios
Table 8: The Toronto-Dominion Bank: Key Employees
Table 9: The Toronto-Dominion Bank: Key Employees Continued
Table 10: Royal Bank of Canada: key facts
Table 11: Royal Bank of Canada: Annual Financial Ratios
Table 12: Royal Bank of Canada: Key Employees
Table 13: Bank of Montreal: key facts
Table 14: Bank of Montreal: Annual Financial Ratios
Table 15: Bank of Montreal: Key Employees
Table 16: Bank of Montreal: Key Employees Continued
Table 17: The Bank of Nova Scotia: key facts
Table 18: The Bank of Nova Scotia: Annual Financial Ratios
Table 19: The Bank of Nova Scotia: Key Employees
Table 20: The Bank of Nova Scotia: Key Employees Continued
Table 21: The Bank of Nova Scotia: Key Employees Continued
Table 22: Canada size of population (million), 2018-22
Table 23: Canada gdp (constant 2005 prices, $ billion), 2018-22
Table 24: Canada gdp (current prices, $ billion), 2018-22
Table 25: Canada inflation, 2018-22
Table 26: Canada consumer price index (absolute), 2018-22
Table 27: Canada exchange rate, 2018-22
List of Figures
Figure 1: Canada banks industry value: $ billion, 2017-22
Figure 2: Canada banks industry category segmentation: $ billion, 2017-2022
Figure 3: Canada banks industry geography segmentation: % share, by value, 2022
Figure 4: Canada banks industry value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the banks industry in Canada, 2022
Figure 6: Drivers of buyer power in the banks industry in Canada, 2022
Figure 7: Drivers of supplier power in the banks industry in Canada, 2022
Figure 8: Factors influencing the likelihood of new entrants in the banks industry in Canada, 2022
Figure 9: Factors influencing the threat of substitutes in the banks industry in Canada, 2022
Figure 10: Drivers of degree of rivalry in the banks industry in Canada, 2022

Companies Mentioned

A selection of companies mentioned in this report includes:

  • The Toronto-Dominion Bank
  • Royal Bank of Canada
  • Bank of Montreal
  • The Bank of Nova Scotia