Canadian Western Bank (TSX: CWB)

Canada flag Canada · Delayed Price · Currency is CAD
43.35
-0.03 (-0.07%)
Jul 2, 2024, 4:00 PM EDT
75.58%
Market Cap 4.19B
Revenue (ttm) 1.96B
Net Income (ttm) 350.46M
Shares Out 96.54M
EPS (ttm) 3.36
PE Ratio 12.91
Forward PE 7.43
Dividend 1.36 (3.14%)
Ex-Dividend Date Jun 6, 2024
Volume 640,849
Open 43.25
Previous Close 43.38
Day's Range n/a
52-Week Range 24.21 - 44.00
Beta 1.53
Analysts n/a
Price Target 45.98 (+6.07%)
Earnings Date Aug 30, 2024

About Canadian Western Bank

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehic... [Read more]

Sector Financials
Founded 1984
Employees 2,516
Stock Exchange Toronto Stock Exchange
Ticker Symbol CWB
Full Company Profile

Financial Performance

In 2023, CWB's revenue was 1.11 billion, an increase of 3.37% compared to the previous year's 1.08 billion. Earnings were 350.65 million, an increase of 4.08%.

Financial Statements

News

National Bank announces closing of previously announced public offering and concurrent private placement of subscription receipts

/Not for distribution to U.S. news wire services or for dissemination in the United States / MONTREAL , June 17, 2024 /CNW/ - National Bank of Canada ("National Bank") (TSX: NA) today announced that ...

15 days ago - Benzinga

National Bank’s bid to buy Canadian Western Bank ‘a strategic win’

Watch: Nigel D'Souza of Veritas breaks down the proposed deal and looks at whether more consolidation is coming in the sector

16 days ago - Financial Post

National Bank reaches deal to buy Canadian Western Bank at $5B valuation

Canada's banking sector is facing further consolidation as National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion.

21 days ago - CBC News

National Bank to Buy Western Canada Rival for $3.6 Billion

National Bank of Canada agreed to buy Canadian Western Bank for about C$5 billion ($3.6 billion) in stock in a tie-up of two of the country’s regional lenders.

21 days ago - Financial Post

National Bank of Canada agrees to buy Canadian Western Bank for $3.6B

National Bank of Canada to acquire Canadian Western Bank for $5B, aiming to boost domestic growth and expand services for Canadian clients.

21 days ago - Seeking Alpha

National Bank of Canada to Acquire Canadian Western Bank in C$5 Billion Deal

Canadian Western holds about $37 billion in loans and has 39 branches located in Western Canada and Ontario. The companies said the combination would increase National Bank’s commercial banking portfo...

21 days ago - The Wall Street Journal

National Bank to buy Canadian Western Bank

Share exchange values the Edmonton-based lender at approximately $5 billion

21 days ago - Financial Post

National Bank to accelerate domestic growth with the acquisition of Canadian Western Bank

Not for distribution to U.S. news wire services or for dissemination in the United States Aligned with National Bank's strategic plan to accelerate growth across all its business lines in Canada Provi...

21 days ago - GlobeNewsWire

Q2 2024 Canadian Western Bank Earnings Call Transcript

Q2 2024 Canadian Western Bank Earnings Call Transcript

4 weeks ago - GuruFocus

Canadian Western Bank (CBWBF) Q2 2024 Earnings Call Transcript

Canadian Western Bank (OTCPK:CBWBF) Q2 2024 Earnings Conference Call May 31, 2024 10:00 AM ETCompany ParticipantsChris Williams - Assistant Vice President,...

4 weeks ago - Seeking Alpha

CWB declares dividends in May 2024

EDMONTON, AB , May 31, 2024 /CNW/ - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.35 per common share (TSX: CWB), payable on Jun...

4 weeks ago - Benzinga

CWB to redeem Series F NVCC subordinated debentures

EDMONTON, AB , May 3, 2024 /CNW/ - Canadian Western Bank (CWB) today announced its intention to redeem all outstanding $250 million 3.668% Series F Subordinated Debentures (Non-Viability Contingent Ca...

2 months ago - Benzinga

Canadian Western Bank: Growth Stock Play

2 months ago - Seeking Alpha

CWB announces results of conversion privilege of First Preferred Shares Series 5 and Series 9

EDMONTON, AB , April 15, 2024 /CNW/ - Canadian Western Bank ("CWB") (TSX: CWB) today announced that after having taken into account all election notices received by the April 15, 2024 deadline for co...

2 months ago - Benzinga

CWB announces election of directors

EDMONTON, AB, April 5, 2024 /CNW/ - Canadian Western Bank (TSX:CWB) ... Full story available on Benzinga.com

3 months ago - Benzinga

CWB announces Dividend Rates on First Preferred Shares Series 5, Series 6, Series 9 and Series 10

EDMONTON, AB , April 1, 2024 /CNW/ - Canadian Western Bank ("CWB") (TSX: CWB) today announced the applicable dividend rates for its non-cumulative 5-year rate reset First Preferred Shares Series 5 (t...

3 months ago - Benzinga

Canadian Western Bank Non-GAAP EPS of $0.93

Canadian Western Bank (CBWBF) reports strong Q1 performance with a non-GAAP EPS of $0.93 and a net income of $88M.

4 months ago - Seeking Alpha

CWB declares dividends in February 2024

EDMONTON, AB , March 1, 2024 /CNW/ - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per common share (TSX: CWB), payable on Ma...

4 months ago - Benzinga