Canadian Banc Corp Class A
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Stephen Wayne Finch
- Full Time Employees
- - -
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- 200 Front Street West Toronto ON Canada M5V 3K2
- IPO Date
- Jul 15, 2005
- Website
- quadravest.com
- Similar Companies
- Business
- Canadian Banc Corp. is a Canadian-based closed-end investment fund that invests in an actively managed portfolio of common shares primarily consisting of six major publicly traded Canadian chartered banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Bank of Nova Scotia, National Bank of Canada and The Toronto-Dominion Bank; it employs an active covered call writing program to enhance income generated from the portfolio and benchmarks performance against the S&P/TSX Financial Index. The fund offers two classes of floating rate securities, Class A shares (BK.TO) providing leveraged exposure for investors seeking high monthly distributions and Preferred Shares (BK.PR.A) targeting stable monthly dividends with capital preservation. Managed by Quadravest Capital Management Inc. and domiciled in Toronto, Ontario, where it maintains headquarters at 200 Front Street West Suite 2510, the company was formed on May 25, 2005, formerly as Canadian Banc Recovery Corp., and operates within the financial services sector focused on Canada's banking industry for institutional and retail investors pursuing dividend income and capital appreciation. In October 2025, Canadian Banc Corp. completed an overnight offering of Preferred Shares raising gross proceeds of $62.7 million led by National Bank Financial Inc., with net proceeds deployed into its core bank portfolio; the fund also executed a 11-for-10 stock split on September 26, 2025, alongside maintaining robust profitability with annual net income of $185 million and a forward dividend yield exceeding 11%.
Company News
Canadian Banc Corp. Announces TSX Acceptance of Normal Course Issuer Bid
Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares
Canadian Banc Corp. Announces Overnight Offering of Preferred Shares
CORRECTION – Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share
Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share
Canadian Banc Corp. Announces Class A Share Split
CANADIAN BANC CORP. Monthly Dividend Declaration for Class A & Preferred Share
30 Monthly-Paid Dividend Buys From April's Ideal Dogs
26 Ideal 'Safer' MoPay Buyable March Dividends From 81 Equities And 80 Funds
Canadian Banc Corp. Monthly Dividend Declaration for Class A & Preferred Share
Canadian Banc Corp. Completes Overnight Offering of $103,200,000
Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares
Canadian Banc Corp. Announces Overnight Offering of Preferred Shares
Canadian Banc Corp. Announces Class A Share Split
20 Ideal 'Safer' MoPay November Dividend Equities And 80 Funds To Buy
Canadian Banc Corp. Completes Overnight Offering of $62,700,000
26 Ideal 'Safer' MoPay October Dividend Equities And 80 Funds To Buy
Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares
Canadian Banc Corp. Announces Overnight Offering of Preferred Shares
31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds