Canadian Western Bank (TSX: CWB)

Canadian Western Bank Income Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	1,113	1,076	1,016	897.4	861.6
Revenue Growth (YoY)	3.37%	5.93%	13.22%	4.15%	7.25%
Gross Profit	1,113	1,076	1,016	897.4	861.6
Selling, General & Admin	404.05	364.23	341.16	295.53	277.45
Other Operating Expenses	-1,041.97	-370.07	-877.23	-825.31	-749.6
Operating Expenses	-637.92	-5.85	-536.06	-529.78	-472.15
Operating Income	474.65	1,070	479.97	367.61	389.46
Interest Income	2,365	1,562	1,318	1,369	1,419
Interest Expense	1,384	621.93	425.65	569.5	633.12
Other Expense / Income	981.28	1,562	892.36	799.41	785.58
Pretax Income	474.65	448.51	480.26	368.58	390.51
Income Tax	124	111.62	123.01	97.03	102.67
Net Income	350.65	336.9	356.96	270.58	286.79
Net Income Growth	4.08%	-5.62%	31.92%	-5.65%	8.84%
Shares Outstanding (Basic)	96	91	88	87	88
Shares Outstanding (Diluted)	96	91	88	87	88
Shares Change	5.00%	4.15%	0.75%	-0.62%	-1.73%
EPS (Basic)	3.38	3.39	3.74	2.86	3.28
EPS (Diluted)	3.38	3.39	3.73	2.86	3.27
EPS Growth	-0.29%	-9.12%	30.42%	-12.54%	10.85%
Free Cash Flow	-620.21	1,093	744.69	805.66	-29.08
Free Cash Flow Per Share	-6.46	11.94	8.48	9.24	-0.33
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	42.66%	99.46%	47.24%	40.96%	45.20%
Profit Margin	31.52%	31.30%	35.13%	30.15%	33.29%
Free Cash Flow Margin	-55.75%	101.54%	73.29%	89.78%	-3.38%
Effective Tax Rate	26.12%	24.89%	25.61%	26.33%	26.29%
EBITDA	536.83	1,151	538.27	418.06	421.9
EBITDA Margin	48.25%	106.97%	52.98%	46.59%	48.97%
Depreciation & Amortization	62.18	80.85	58.3	50.45	32.44
EBIT	474.65	1,070	479.97	367.61	389.46
EBIT Margin	42.66%	99.46%	47.24%	40.96%	45.20%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.