The market value of the world's 30 biggest banks increased by 70 per cent in 2009, after being cut in half during the markets crashes of the previous year. Canadian banks were among the best performers.
TOTAL SHAREHOLDER RETURN,* 2005-2009 P.A.
Australia 9.2%
Canada 8.9
Spain 5.6
Italy -0.5
France -1.4
Switzerland -2.8
Germany -3.8
U.K. -6.3
U.S. -7.1
Japan -14.5
TOTAL SHAREHOLDER RETURN,* 2009 (%)
Australia 61.5
Canada 60.8
Spain 51.6
Italy 34.8
France 74.4
Switzerland 33.4
Germany 37.5
U.K. 29.9
U.S. 23.5
Japan -18.0
CHANGE, IN % POINTS, 2008 FROM TSR
Australia +103.9
Canada +92.7
Spain +97.0
Italy +88.9
France +135.9
Switzerland +89.2
Germany +99.4
U.K. +80.5
U.S. +67.3
Japan +25.4
Note: All TSRs were calculated in local currencies. *TSR consists of capital gains and free-cash-flow yields.
THE GLOBE AND MAIL / SOURCE: THOMSON REUTERS DATASTREAM, BCG ANALYSIS VIA BOSTON CONSULTING GROUP