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Canadian Western Bank (CWB) Competitors

C$25.33
-1.11 (-4.20%)
(As of 05/31/2024 ET)

CWB vs. EQB, CWB.PD, LB, VBNK, X, IAG, IGM, ONEX, DFY, and ELF

Should you be buying Canadian Western Bank stock or one of its competitors? The main competitors of Canadian Western Bank include EQB (EQB), Canadian Western Bank (CWB.PD), Laurentian Bank of Canada (LB), VersaBank (VBNK), TMX Group (X), iA Financial (IAG), IGM Financial (IGM), Onex (ONEX), Definity Financial (DFY), and E-L Financial (ELF).

Canadian Western Bank vs.

EQB (TSE:EQB) and Canadian Western Bank (TSE:CWB) are both mid-cap financial services companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, community ranking, media sentiment, valuation, profitability, risk, analyst recommendations, dividends and institutional ownership.

EQB pays an annual dividend of C$1.68 per share and has a dividend yield of 1.9%. Canadian Western Bank pays an annual dividend of C$1.34 per share and has a dividend yield of 5.3%. EQB pays out 18.0% of its earnings in the form of a dividend. Canadian Western Bank pays out 40.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

23.5% of EQB shares are owned by institutional investors. Comparatively, 31.8% of Canadian Western Bank shares are owned by institutional investors. 29.1% of EQB shares are owned by insiders. Comparatively, 0.3% of Canadian Western Bank shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, EQB had 21 more articles in the media than Canadian Western Bank. MarketBeat recorded 26 mentions for EQB and 5 mentions for Canadian Western Bank. EQB's average media sentiment score of 0.79 beat Canadian Western Bank's score of 0.24 indicating that Canadian Western Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EQB
5 Very Positive mention(s)
5 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Western Bank
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Western Bank received 108 more outperform votes than EQB when rated by MarketBeat users. However, 60.70% of users gave EQB an outperform vote while only 51.47% of users gave Canadian Western Bank an outperform vote.

CompanyUnderperformOutperform
EQBOutperform Votes
366
60.70%
Underperform Votes
237
39.30%
Canadian Western BankOutperform Votes
474
51.47%
Underperform Votes
447
48.53%

EQB currently has a consensus price target of C$102.00, suggesting a potential upside of 17.42%. Canadian Western Bank has a consensus price target of C$33.55, suggesting a potential upside of 33.81%. Given EQB's stronger consensus rating and higher possible upside, analysts plainly believe Canadian Western Bank is more favorable than EQB.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EQB
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.70
Canadian Western Bank
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83

EQB has a beta of 1.63, meaning that its share price is 63% more volatile than the S&P 500. Comparatively, Canadian Western Bank has a beta of 1.54, meaning that its share price is 54% more volatile than the S&P 500.

EQB has higher revenue and earnings than Canadian Western Bank. Canadian Western Bank is trading at a lower price-to-earnings ratio than EQB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EQBC$1.12B2.96C$437.51MC$9.319.33
Canadian Western BankC$1.08B2.24C$317.87MC$3.307.60

EQB has a net margin of 39.67% compared to EQB's net margin of 31.97%. Canadian Western Bank's return on equity of 14.70% beat EQB's return on equity.

Company Net Margins Return on Equity Return on Assets
EQB39.67% 14.70% 0.76%
Canadian Western Bank 31.97%8.58%0.82%

Summary

EQB beats Canadian Western Bank on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CWB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CWB vs. The Competition

MetricCanadian Western BankBanks IndustryFinancial SectorTSE Exchange
Market CapC$2.42BC$5.02BC$2.96BC$5.35B
Dividend Yield4.94%4.50%4.62%5.57%
P/E Ratio7.6041.23482.5423.61
Price / Sales2.2450.782,466.322,322.46
Price / Cash10.201.6648.4579.73
Price / Book0.620.611.553.50
Net IncomeC$317.87MC$958.36MC$323.97MC$285.58M
7 Day Performance-7.52%-1.04%-0.13%-0.74%
1 Month Performance-5.00%0.91%1.78%2.11%
1 Year Performance1.41%12.44%11.86%30.90%

Canadian Western Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EQB
EQB
3.4855 of 5 stars
C$83.81
+2.1%
C$102.56
+22.4%
+35.2%C$3.20BC$1.12B9.001,800Dividend Increase
Analyst Forecast
Analyst Revision
News Coverage
CWB.PD
Canadian Western Bank
0 of 5 stars
C$25.85
-0.2%
N/A+8.2%C$2.30BC$1.08B6.822,289High Trading Volume
LB
Laurentian Bank of Canada
1.9788 of 5 stars
C$27.40
+1.2%
C$29.01
+5.9%
-12.8%C$1.20BC$960.71M7.723,000Gap Down
VBNK
VersaBank
0 of 5 stars
C$13.13
+0.5%
N/A+40.0%C$340.86MC$111.47M7.68119Upcoming Earnings
X
TMX Group
0.9464 of 5 stars
C$37.03
+1.1%
C$39.88
+7.7%
-75.3%C$10.26BC$2.97B25.361,803
IAG
iA Financial
1.2435 of 5 stars
C$92.83
-0.1%
C$89.72
-3.3%
+0.3%C$9.13BC$8.11B12.825,222
IGM
IGM Financial
1.8776 of 5 stars
C$36.72
+0.6%
C$44.00
+19.8%
-7.8%C$8.72BC$3.58B11.373,300Positive News
ONEX
Onex
1.1784 of 5 stars
C$97.72
+0.1%
C$113.00
+15.6%
+52.1%C$7.51BC$1.12B7.43492
DFY
Definity Financial
1.9901 of 5 stars
C$43.47
-0.3%
C$48.95
+12.6%
+17.6%C$5.01BC$3.96B14.353,442
ELF
E-L Financial
0 of 5 stars
C$1,100.00
+0.0%
N/A+29.1%C$3.81BC$3.07B3.502,018High Trading Volume

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This page (TSE:CWB) was last updated on 5/31/2024 by MarketBeat.com Staff

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