Canadian Western Bank (CWB) Competitors

C$27.00
+0.02 (+0.07%)
(As of 05/3/2024 ET)

CWB vs. EQB, LB, CIX, GSY, FN, TSU, ELF, SII, GLXY, and UNC

Should you be buying Canadian Western Bank stock or one of its competitors? The main competitors of Canadian Western Bank include EQB (EQB), Laurentian Bank of Canada (LB), CI Financial (CIX), goeasy (GSY), First National Financial (FN), Trisura Group (TSU), E-L Financial (ELF), Sprott (SII), Galaxy Digital (GLXY), and United Co.s (UNC). These companies are all part of the "financial services" sector.

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 business? We will compare the two businesses based on the strength of their dividends, valuation, risk, analyst recommendations, institutional ownership, earnings, community ranking, profitability and media sentiment.

EQB currently has a consensus target price of C$102.56, indicating a potential upside of 19.36%. Canadian Western Bank has a consensus target price of C$33.73, indicating a potential upside of 24.92%. Given EQB's stronger consensus rating and higher possible upside, analysts clearly 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 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$1.12B2.93C$437.51MC$9.319.23
Canadian Western BankC$1.08B2.41C$317.87MC$3.308.18

In the previous week, EQB had 2 more articles in the media than Canadian Western Bank. MarketBeat recorded 5 mentions for EQB and 3 mentions for Canadian Western Bank. EQB's average media sentiment score of 0.36 beat Canadian Western Bank's score of 0.21 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
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Western Bank
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

23.6% of EQB shares are owned by institutional investors. Comparatively, 32.6% of Canadian Western Bank shares are owned by institutional investors. 29.1% of EQB shares are owned by company insiders. Comparatively, 0.3% of Canadian Western Bank shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Canadian Western Bank received 109 more outperform votes than EQB when rated by MarketBeat users. However, 60.57% of users gave EQB an outperform vote while only 51.41% of users gave Canadian Western Bank an outperform vote.

CompanyUnderperformOutperform
EQBOutperform Votes
364
60.57%
Underperform Votes
237
39.43%
Canadian Western BankOutperform Votes
473
51.41%
Underperform Votes
447
48.59%

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%

EQB pays an annual dividend of C$1.68 per share and has a dividend yield of 2.0%. Canadian Western Bank pays an annual dividend of C$1.34 per share and has a dividend yield of 5.0%. 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.

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$2.61BC$4.60BC$3.00BC$5.32B
Dividend Yield5.05%4.49%4.57%5.52%
P/E Ratio8.1866.09449.6823.29
Price / Sales2.4154.862,209.631,628.70
Price / Cash10.202.7948.8779.44
Price / Book0.670.671.473.09
Net IncomeC$317.87MC$893.60MC$331.65MC$297.01M
7 Day Performance1.01%0.38%0.66%0.04%
1 Month Performance-1.89%38.32%6.75%-0.25%
1 Year Performance12.88%15.09%9.17%21.73%

Canadian Western Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EQB
EQB
3.4684 of 5 stars
C$88.41
+2.2%
C$102.56
+16.0%
+39.9%C$3.37BC$1.12B9.501,800Upcoming Earnings
LB
Laurentian Bank of Canada
2.6236 of 5 stars
C$26.21
+1.0%
C$28.70
+9.5%
-16.8%C$1.15BC$960.71M7.383,000Positive News
CIX
CI Financial
2.6961 of 5 stars
C$16.65
+1.0%
C$19.50
+17.1%
+38.5%C$2.56BC$3.17B47.572,416Upcoming Earnings
Analyst Report
News Coverage
GSY
goeasy
2.9133 of 5 stars
C$175.09
-0.1%
C$189.67
+8.3%
+105.1%C$2.91BC$746.36M12.092,404Upcoming Earnings
Analyst Report
Analyst Revision
News Coverage
FN
First National Financial
2.185 of 5 stars
C$38.16
+0.0%
C$41.83
+9.6%
-4.8%C$2.29BC$751.40M9.201,624Analyst Report
Analyst Revision
News Coverage
TSU
Trisura Group
3.7225 of 5 stars
C$42.55
+0.6%
C$55.63
+30.7%
+51.7%C$2.02BC$2.84B283.679,700Analyst Report
Analyst Revision
News Coverage
Gap Up
ELF
E-L Financial
0 of 5 stars
C$1,100.00
+1.8%
N/AN/AC$3.81BC$2.75B4.492,018
SII
Sprott
0.4882 of 5 stars
C$54.06
-1.0%
C$55.50
+2.7%
+17.6%C$1.40BC$169.02M24.68129Upcoming Earnings
GLXY
Galaxy Digital
1.196 of 5 stars
C$11.97
+1.2%
C$17.00
+42.0%
+172.8%C$1.31BN/A-7.72434Upcoming Earnings
Positive News
UNC
United Co.s
0 of 5 stars
C$116.00
+0.3%
N/A+14.3%C$1.31BC$381M4.29N/AUpcoming Earnings
High Trading Volume

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

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