The Globe and Mail reports in its Tuesday edition the big banks' third-quarter results were strong, showing decent profit growth relative to the contracting economy and depressed energy sector. The Globe's David Berman writes there were also some standout results from individual banks. Analysts have tended to be overly conservative about bank earnings in recent quarters, worrying investors with tales of loans losses, indebted consumers and slow economic activity. However, the dour outlook allowed all Big Six banks to clear the low hurdles. The best stock performer in the third quarter CIBC, down 3.5 per cent. While it is difficult to celebrate a share price that fell during the third quarter, at least CIBC's fell less than its peers, perhaps suggesting investors are behind the bank's transformation and sequential dividend hikes. While banks can move as a unified bloc, it appears as though investors are starting to pay closer attention to their different strategies: Scotiabank's shares were the hardest hit, falling 13.3 per cent in a move that reflected the lender's greater exposure to struggling emerging markets.