TSE:CWB

Canadian Western Bank (CWB.TO) Stock Forecast, Price & News

C$30.90

+0.10 (+0.32 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

C$30.45

Now: C$30.90▼

C$31.04

50-Day Range

C$28.26

MA: C$29.39▼

C$30.90

52-Week Range

C$15.70

Now: C$30.90▼

C$34.00

Volume198,010 shs

Average Volume280,424 shs

Market CapitalizationC$2.69 billion

P/E Ratio10.82

Dividend Yield3.77%

BetaN/A

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. The company was founded in 1984 and is headquartered in Edmonton, Canada.

MarketRank^™

Overall MarketRank^™

1.71 out of 5 stars

2.3 Analyst's Opinion

Consensus Rating
Canadian Western Bank (CWB.TO) has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$30.18, Canadian Western Bank (CWB.TO) has a forecasted downside of 2.3% from its current price of C$30.90.
Amount of Analyst Coverage
Canadian Western Bank (CWB.TO) has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
Canadian Western Bank (CWB.TO) has received 427 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Western Bank (CWB.TO) has received 706 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Western Bank (CWB.TO) has received 62.31% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Western Bank (CWB.TO) and other stocks. Vote “Outperform” if you believe CWB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CWB will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Canadian Western Bank (CWB.TO) pays a meaningful dividend of 3.77%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian Western Bank (CWB.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank (CWB.TO) is 40.27%. This payout ratio is at a healthy, sustainable level, below 75%.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank (CWB.TO) insiders have bought 14.96% more of their company's stock than they have sold. Specifically, they have bought C$207,680.00 in company stock and sold C$180,660.00 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank (CWB.TO) is 10.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank (CWB.TO) is 10.82, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 21.54.
Price to Earnings Growth Ratio
Canadian Western Bank (CWB.TO) has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Western Bank (CWB.TO) has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Money Center Banks

Sub-IndustryN/A

SectorFinance

Current SymbolTSE:CWB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.cwbank.com

Phone+1-780-4238888

Employees2,505

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio10.82

Forward P/E Ratio9.48

P/E Growth2.02

Sales & Book Value

Annual SalesC$805.23 million

Price / Sales3.34

Cash FlowC$37.12 per share

Price / Cash Flow0.83

Book ValueC$33.77 per share

Price / Book0.91

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares87,101,000

Market CapC$2.69 billion

Next Earnings Date2/25/2021 (Estimated)

OptionableOptionable

C$30.90

+0.10 (+0.32 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Western Bank (CWB.TO) (TSE:CWB) Frequently Asked Questions

How has Canadian Western Bank (CWB.TO)'s stock price been impacted by Coronavirus (COVID-19)?

Canadian Western Bank (CWB.TO)'s stock was trading at C$22.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CWB stock has increased by 35.5% and is now trading at C$30.90.
View which stocks have been most impacted by COVID-19.

Is Canadian Western Bank (CWB.TO) a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank (CWB.TO) in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Canadian Western Bank (CWB.TO) stock.
View analyst ratings for Canadian Western Bank (CWB.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Canadian Western Bank (CWB.TO)?

Wall Street analysts have given Canadian Western Bank (CWB.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Canadian Western Bank (CWB.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Canadian Western Bank (CWB.TO)'s next earnings date?

Canadian Western Bank (CWB.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 25th 2021.
View our earnings forecast for Canadian Western Bank (CWB.TO).

How were Canadian Western Bank (CWB.TO)'s earnings last quarter?

Canadian Western Bank (CWB.TO) (TSE:CWB) released its earnings results on Friday, December, 4th. The company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.73 by $0.02. The company had revenue of $236.58 million for the quarter, compared to analysts' expectations of $229.40 million.
View Canadian Western Bank (CWB.TO)'s earnings history.

How often does Canadian Western Bank (CWB.TO) pay dividends? What is the dividend yield for Canadian Western Bank (CWB.TO)?

Canadian Western Bank (CWB.TO) announced a quarterly dividend on Friday, December 4th. Stockholders of record on Thursday, December 17th will be paid a dividend of 0.29 per share on Thursday, January 7th. This represents a $1.16 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date is Wednesday, December 16th.
View Canadian Western Bank (CWB.TO)'s dividend history.

Is Canadian Western Bank (CWB.TO) a good dividend stock?

Canadian Western Bank (CWB.TO) pays an annual dividend of C$1.15 per share and currently has a dividend yield of 3.77%. The dividend payout ratio of Canadian Western Bank (CWB.TO) is 40.27%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Western Bank (CWB.TO)'s dividend history.

What price target have analysts set for CWB?

8 brokers have issued twelve-month target prices for Canadian Western Bank (CWB.TO)'s shares. Their forecasts range from C$23.00 to C$34.00. On average, they expect Canadian Western Bank (CWB.TO)'s stock price to reach C$30.18 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
View analysts' price targets for Canadian Western Bank (CWB.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Canadian Western Bank (CWB.TO)'s key competitors?

Some companies that are related to Canadian Western Bank (CWB.TO) include Secure Trust Bank PLC (STB.L) (STB), Arbuthnot Banking Group PLC (ARBB.L) (ARBB), Manx Financial Group PLC (MFX.L) (MFX), Atlas Mara Limited (ATMA.L) (ATMA), Australia and New Zealand Banking Group Limited (ANZ.AX) (ANZ), Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia (CRG.MI) (CRG), Bank of Queensland Limited (BOQ.AX) (BOQ), Bendigo and Adelaide Bank Limited (BEN.AX) (BEN), Edgewater Bancorp (EGDW), KBC Group NV (KBC.BR) (KBC), National Australia Bank Limited (NAB.AX) (NAB), Société Générale Société anonyme (GLE.PA) (GLE), UniCredit S.p.A. (UCG.MI) (UCG) and Unione di Banche Italiane S.p.A. (UBI.MI) (UBI).
View all of CWB's competitors.

What other stocks do shareholders of Canadian Western Bank (CWB.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canadian Western Bank (CWB.TO) investors own include Intelsat (I), The Bank of Nova Scotia (BNS.TO) (BNS), Air Canada (AC.TO) (AC), Bank of America (BAC), The Toronto-Dominion Bank (TD.TO) (TD), Bombardier, Inc. Class B (BBD.B), Associated British Foods plc (ABF.L) (ABF), Chaarat Gold Holdings Limited (CGH.L) (CGH), Fossil Group (FOSL) and AMC Entertainment (AMC).

Who are Canadian Western Bank (CWB.TO)'s key executives?

Canadian Western Bank (CWB.TO)'s management team includes the following people:

Mr. Christopher H. Fowler M.A., Pres, CEO & Director (Age 60, Pay $1.82M)
Ms. Kelly S. Blackett, Exec. VP of HR & Corp. Communications
Ms. Carolyn J. Graham FCPA, FCA, ICD.D., Exec. VP & Chief Risk Officer
Mr. Stephen H. E. Murphy M.B.A., Exec. VP of Banking
Mr. Robin Matthew Rudd, Exec. VP & CFO
Mr. Vladimir Ahmad, Sr. VP of Operations & Bus. Transformation
Mr. Darrell R. Jones MBA, FCMA, ICD.D., Exec. VP & Chief Information Officer
Mr. Chris Williams, AVP of Investor Relations
Ms. Bindu Cudjoe, Sr. VP, Gen. Counsel & Corp. Sec.
Mr. M. Glen Eastwood, Exec. VP of Bus. Transformation

What is Canadian Western Bank (CWB.TO)'s stock symbol?

Canadian Western Bank (CWB.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CWB."

How do I buy shares of Canadian Western Bank (CWB.TO)?

Shares of CWB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is Canadian Western Bank (CWB.TO)'s stock price today?

One share of CWB stock can currently be purchased for approximately C$30.90.

How big of a company is Canadian Western Bank (CWB.TO)?

Canadian Western Bank (CWB.TO) has a market capitalization of C$2.69 billion and generates C$805.23 million in revenue each year. Canadian Western Bank (CWB.TO) employs 2,505 workers across the globe.

What is Canadian Western Bank (CWB.TO)'s official website?

The official website for Canadian Western Bank (CWB.TO) is www.cwbank.com.

How can I contact Canadian Western Bank (CWB.TO)?

Canadian Western Bank (CWB.TO)'s mailing address is 10303 Jasper Ave NW Suite 3000, EDMONTON, AB T5J 3X6, Canada. The company can be reached via phone at +1-780-4238888.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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