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Canadian Western Bank
Previous close
$59.22
Day range
$59.15 - $59.68
Year range
$24.66 - $61.81
Market cap
5.74B CAD
Avg Volume
425.70K
P/E ratio
21.49
Dividend yield
2.43%
Primary exchange
TSE
Financials
Income Statement
Revenue
Net income
| (CAD) | Oct 2024info | Y/Y change |
|---|---|---|
Revenue | 269.50M | -4.41% |
Operating expense | 169.30M | 12.98% |
Net income | 70.47M | -16.07% |
Net profit margin | 26.15 | -12.19% |
Earnings per share | 0.67 | -28.72% |
EBITDA | — | — |
Effective tax rate | 27.86% | — |
Balance Sheet
Total assets
Total liabilities
| (CAD) | Oct 2024info | Y/Y change |
|---|---|---|
Cash and short-term investments | 367.01M | -26.42% |
Total assets | 43.13B | 1.92% |
Total liabilities | 38.77B | 1.26% |
Total equity | 4.36B | — |
Shares outstanding | 96.74M | — |
Price to book | 1.39 | — |
Return on assets | 0.66% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
| (CAD) | Oct 2024info | Y/Y change |
|---|---|---|
Net income | 70.47M | -16.07% |
Cash from operations | 419.70M | -30.81% |
Cash from investing | -431.41M | -149.67% |
Cash from financing | -9.23M | 97.60% |
Net change in cash | -20.94M | -143.04% |
Free cash flow | — | — |
About
Canadian Western Bank, also operating as CWB Financial Group, is a Canadian bank based in Edmonton, Alberta. The bank serves clients both in Western Canada and in other provinces. It was announced on June 11, 2024 that it would be acquired by National Bank of Canada in 2025.
The CWB Financial Group is made up of 10 banking, lending, wealth and trust companies.
Its loan book is almost equally represented across BC, Alberta and Ontario. As part of its expansion plans, CWB has opened a branch in Mississauga, Ontario, just west of Toronto and a regional office in Downtown Toronto. Wikipedia
CEO
Founded
1988
Headquarters
Website
Employees
2,569
