Dividend IncreasePropel increased its annual dividend by 9%, reflecting confidence in its financial position and future growth.
Earnings And Financial PerformancePropel delivered solid Q1 results, exceeding expectations on loan growth, PCLs, and EPS, highlighting the resilience of Propel’s customer base.
Market ValuationDespite a recent rally in shares, Propel is viewed as undervalued given the expectation for strong earnings growth and growth in LAAS and QuidMarket revenue.