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Scotia, CIBC, BMO, RBC all Hit Fresh 52 Week Highs

Bank of Nova Scotia (T.BNS) shares hit a new 52 week high of $73.76 on Tuesday. Canada's third-biggest lender, reported a better-than-expected rise in fourth-quarter earnings, driven by a strong performance from its domestic and international banking businesses. Scotiabank said on Tuesday its earnings per share increased to $1.58 from $1.46 in the same period the previous year. Analysts had on average forecast earnings of $1.51.

CIBC (T.CM) shares hit a 52 week high of $105.65 on Tuesday. No major news today.

Bank of Montreal (T.BMO) shares hit a 52 week high of $89.36 on Tuesday. No major news today.

Royal Bank of Canada (T.RY) shares notched a fresh 52 week high of $90.01 on Tuesday. No major news announcements today.

TransForce Inc. (T.TFI) shares hit a new 52 week high of $34.49 on Tuesday. No major news today.