Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management. It offers a range of loans, such as general commercial loans, real estate project loans, personal loans and mortgages, commercial mortgages, corporate lending, and oil and gas production loans. It focuses on general commercial, agriculture, healthcare, and golf and turf sectors. It offers a range of personal banking services, including checking and savings accounts, mortgages, home equity lines of credit, personal loans and investment products through its branch network across Western Canada.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:CWB
- CUSIP: N/A
- Web: www.cwbank.com/
Capitalization:- Market Cap: C$2.45 billion
- Outstanding Shares: 88,300,000
Average Prices:- 50 Day Moving Avg: C$26.84
- 200 Day Moving Avg: C$28.22
- 52 Week Range: C$23.68 - C$32.29
P/E:- Trailing P/E Ratio: 12.70
- P/E Growth: 1.29
Sales & Book Value:- Annual Revenue: C$625.67 million
- Price / Sales: 3.92
- Book Value: C$24.27 per share
- Price / Book: 1.15
Dividend:
Profitability:- Net Margins: 29.86%
- Return on Equity: 9.00%
- Return on Assets: 0.84%
Misc:- Average Volume: 473,400 shs.
- Short Ratio: 9.01
Frequently Asked Questions for Canadian Western Bank (TSE:CWB)
What is Canadian Western Bank's stock symbol?
Canadian Western Bank trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CWB."
How were Canadian Western Bank's earnings last quarter?
Canadian Western Bank (TSE:CWB) issued its quarterly earnings results on Thursday, June, 1st. The company reported $0.59 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.57 by $0.02. The firm had revenue of $172.44 million for the quarter, compared to analysts' expectations of $169 million. Canadian Western Bank had a return on equity of 9.00% and a net margin of 29.86%. View Canadian Western Bank's Earnings History.
When will Canadian Western Bank make its next earnings announcement?
Where is Canadian Western Bank's stock going? Where will Canadian Western Bank's stock price be in 2017?
10 brokers have issued twelve-month target prices for Canadian Western Bank's stock. Their predictions range from C$28.00 to C$32.00. On average, they anticipate Canadian Western Bank's stock price to reach C$29.78 in the next year. View Analyst Ratings for Canadian Western Bank.
Who are some of Canadian Western Bank's key competitors?
Some companies that are related to Canadian Western Bank include Vermilion Energy (VET), Enbridgeome Fund Holdings (ENF), Linamar (LNR), Cogeco Communications (CCA), Maple Leaf Foods (MFI), BRP (DOO), Finning International (FTT), Northland Power (NPI), Spin Master Corp (TOY), Ritchie Bros. Auctioneers (RBA), Ivanhoe Mines Ltd (IVN), Tmx Group Limited (X), Toromont Industries Ltd (TIH), Element Fleet Management Corp (EFN), Peyto Exploration & Development Corp (PEY), Winpak (WPK), Stantec (STN) and Norbord (OSB).
Who are Canadian Western Bank's key executives?
Canadian Western Bank's management team includes the folowing people:
- Robert Lawrence Phillips QC, Independent Chairman of the Board
- Christopher H. Fowler, President, Chief Executive Officer, Director
- Carolyn J. Graham, Chief Financial Officer, Executive Vice President
- H. Bogac Ozdemir, Executive Vice President, Chief Risk Officer
- Kelly S. Blackett, Executive Vice President, Human Resources and Corporate Communications
- Darrell R. Jones, Senior Vice President, Chief Information Officer
- Gail L. Harding Q.C., Senior Vice President, General Counsel, Corporate Secretary
- M. Glen Eastwood, Executive Vice President, Business Transformation
- Mario V. Furlan, Senior Vice President and Regional General Manager
- Michael N. Halliwell, Senior Vice President, Regional General Manager
How do I buy Canadian Western Bank stock?
Shares of Canadian Western Bank and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Canadian Western Bank's stock price today?
One share of Canadian Western Bank stock can currently be purchased for approximately C$27.79.
MarketBeat Community Rating for Canadian Western Bank (TSE CWB)MarketBeat's community ratings are surveys of what our community members think about Canadian Western Bank and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Canadian Western Bank (TSE:CWB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 9 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.10) |
| Consensus Price Target: | C$29.78 |
Analysts' Ratings History for Canadian Western Bank (TSE:CWB)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 6/2/2017 | TD Securities | Lower Price Target | Hold | C$30.00 -> C$29.00 |  |
| 6/2/2017 | Scotiabank | Lower Price Target | Sector Perform | C$29.00 -> C$28.00 | |
| 6/2/2017 | CIBC | Upgrade | Neutral -> Outperform | C$33.00 -> C$30.00 | |
| 6/2/2017 | Royal Bank Of Canada | Lower Price Target | Sector Perform | C$30.00 -> C$29.00 | |
| 4/27/2017 | Barclays PLC | Reiterated Rating | Neutral | C$29.00 | |
| 3/29/2017 | BMO Capital Markets | Reiterated Rating | Market Perform | C$28.00 | |
| 3/3/2017 | Desjardins | Boost Price Target | | C$31.00 -> C$32.00 | |
| 2/20/2017 | National Bank Financial | Reiterated Rating | Sector Perform | | |
| 1/17/2017 | CSFB | Upgrade | Underperform -> Neutral | C$27.00 -> C$32.00 | |
| 1/13/2017 | Canaccord Genuity | Boost Price Target | | C$30.00 -> C$31.00 | |
| 12/2/2016 | GMP Securities | Boost Price Target | Hold | C$26.50 -> C$29.75 | |
| 5/3/2016 | Credit Suisse Group | Boost Price Target | | C$23.00 -> C$26.00 | |
(Data available from 7/26/2015 forward)
Earnings History for Canadian Western Bank (TSE:CWB)Earnings History by Quarter for Canadian Western Bank (TSE CWB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/31/2017 | | $0.62 | | | | | N/A | |
| 6/1/2017 | Q2 2017 | $0.57 | $0.59 | $169.00 million | $172.44 million | View | N/A | |
| 6/5/2014 | | $0.61 | $0.65 | $152.20 million | $151.53 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Canadian Western Bank (TSE:CWB)2017 EPS Consensus Estimate: $2.56
2018 EPS Consensus Estimate: $2.68
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 4 | $0.59 | $0.68 | $0.62 |
| Q2 2017 | 4 | $0.57 | $0.67 | $0.61 |
| Q3 2017 | 4 | $0.61 | $0.72 | $0.65 |
| Q4 2017 | 5 | $0.62 | $0.76 | $0.68 |
| Q1 2018 | 2 | $0.63 | $0.65 | $0.64 |
| Q2 2018 | 2 | $0.63 | $0.64 | $0.64 |
| Q3 2018 | 1 | $0.69 | $0.69 | $0.69 |
| Q4 2018 | 1 | $0.71 | $0.71 | $0.71 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Canadian Western Bank (TSE CWB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 6/11/2015 | Quarterly | $0.22 | 3.11% | 6/11/2015 | 6/25/2015 | 6/25/2015 |
| 3/12/2015 | Quarterly | $0.21 | 3.1% | 3/12/2015 | 3/26/2015 | 3/26/2015 |
| 12/3/2014 | quarterly | $0.21 | 2.73% | 12/12/2014 | 12/16/2014 | 1/8/2015 |
| 9/11/2014 | Quarterly | $0.20 | 1.97% | 9/11/2014 | 9/25/2014 | 9/25/2014 |
| 6/5/2014 | quarterly | $0.20 | 2.03% | 6/12/2014 | 6/16/2014 | 6/26/2014 |
| 3/5/2014 | Quarterly | $0.17 | 2.12% | 3/13/2014 | 3/17/2014 | 3/27/2014 |
| 12/13/2013 | Quarterly | $0.19 | 2.03% | 12/13/2013 | 1/9/2014 | 1/9/2014 |
| 12/4/2013 | | $0.18 | | 12/13/2013 | 12/17/2013 | 1/9/2014 |
| 6/6/2013 | quarterly | $0.18 | | | 6/20/2013 | 6/27/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Canadian Western Bank (TSE:CWB)Insider Trades by Quarter for Canadian Western Bank (TSE:CWB)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 6/19/2017 | David Leslie John Thomson | Insider | Buy | 500 | C$26.23 | C$13,115.00 | |
| 6/15/2017 | Allen David Stephen | Insider | Buy | 750 | C$25.50 | C$19,125.00 | |
| 3/22/2017 | Patrick Gallagher | Insider | Sell | 150 | C$21.79 | C$3,268.50 | |
| 3/7/2017 | Robert L Phillips | Director | Buy | 1,000 | C$31.22 | C$31,220.00 | |
| 3/6/2017 | Patrick Gallagher | Insider | Buy | 50 | C$21.25 | C$1,062.50 | |
| 1/26/2017 | Diane Marie Davies | Insider | Sell | 2,500 | C$30.54 | C$76,350.00 | |
| 12/8/2016 | Christopher Hector Fowler | Insider | Buy | 14 | C$32.11 | C$449.54 | |
| 3/11/2016 | Allen David Stephen | Insider | Buy | 1,000 | C$16.55 | C$16,550.00 | |
| 1/29/2016 | David Leslie John Thomson | Insider | Buy | 500 | C$22.84 | C$11,420.00 | |
| 1/28/2016 | Robert L Phillips | Director | Buy | 1,000 | C$22.42 | C$22,420.00 | |
| 1/13/2016 | Kirby Trent Hill | Insider | Buy | 100 | C$15.64 | C$1,564.00 | |
| 1/7/2016 | Allen David Stephen | Insider | Buy | 500 | C$21.96 | C$10,978.50 | |
| 1/5/2016 | Allen David Stephen | Insider | Buy | 500 | C$17.00 | C$8,500.00 | |
| 1/4/2016 | Sarah Alyson Morgan-Silvester | Director | Buy | 600 | C$23.56 | C$14,133.00 | |
| 12/31/2015 | Allen David Stephen | Insider | Buy | 500 | C$17.80 | C$8,901.00 | |
| 12/23/2015 | Andrew John Bibby | Director | Buy | 2,000 | C$23.76 | C$47,520.00 | |
| 12/23/2015 | Christopher Hector Fowler | Insider | Buy | 2,100 | C$23.70 | C$49,766.01 | |
| 10/23/2015 | Keith Douglas Hughes | Insider | Buy | 1,000 | C$25.12 | C$25,121.00 | |
| 4/1/2015 | Andrew John Bibby | Director | Buy | 1,000 | C$27.57 | C$27,570.00 | |
| 3/16/2015 | Sarah Alyson Morgan-Silvester | Director | Buy | 3,800 | C$25.77 | C$97,907.00 | |
| 3/12/2015 | Linda Margaret Owerri Hohol | Director | Buy | 1,000 | C$26.00 | C$25,995.00 | |
| 3/10/2015 | Robert L Phillips | Director | Buy | 1,000 | C$26.39 | C$26,386.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Canadian Western Bank (TSE:CWB)
Latest Headlines for Canadian Western Bank (TSE:CWB)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to Canadian Western Bank : July 24, 2017
finance.yahoo.com - July 24 at 5:24 PM |
 | How Investors Can Benefit From Rising Rates | The Motley Fool ... - The Motley Fool Canada
www.fool.ca - July 17 at 6:02 PM |
| ETFs with exposure to Canadian Western Bank : July 14, 2017
finance.yahoo.com - July 14 at 3:33 PM |
| How Many Rate Hikes Are Likely Coming From the Bank of Canada? - The Motley Fool Canada
www.fool.ca - July 13 at 6:53 PM |
 | Canadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of July 10-14 - Seeking Alpha
seekingalpha.com - July 10 at 5:38 PM |
| The Canadian Banks Are at All-Time Highs: Is it Time to Take a Chance on This Alternative Lender? - The Motley Fool Canada
www.fool.ca - July 8 at 8:50 AM |
| How This Financial Stock Has Been Resilient in the Oil Patch
www.fool.ca - July 6 at 6:59 PM |
 | CWB Franchise Finance partners with Browns Restaurant Group on term loan and development facility
www.marketwatch.com - July 5 at 6:25 PM |
 | Canadian Western Bank (TSE:CWB) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 3 at 10:40 PM |
| Canadian Western Bank – Value Analysis (TORONTO:CWB) : June 26, 2017
finance.yahoo.com - June 26 at 10:27 PM |
| Canadian Western Bank breached its 50 day moving average in a Bullish Manner : CWB-CA : June 23, 2017
finance.yahoo.com - June 23 at 5:14 PM |
| Insider Buying: Canadian Western Bank (CWB) Insider Purchases 500 Shares of Stock
www.americanbankingnews.com - June 20 at 4:22 PM |
| Insider Buying: Canadian Western Bank (CWB) Insider Buys 750 Shares of Stock
www.americanbankingnews.com - June 16 at 4:50 PM |
| Canadian Western Bank : CWB-CA: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 14, 2017
finance.yahoo.com - June 14 at 5:31 PM |
| Is Canadian Western Bank’s Mortgage Portfolio Really High Risk?
www.fool.ca - June 7 at 11:26 PM |
| Canadian Western Bank (CWB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 6 at 10:46 PM |
 | Why Canadian Western Bank Remains a Speculative Play
www.baystreet.ca - June 6 at 4:54 PM |
| Why Canadian Western Bank Remains a Speculative Play - Baystreet.ca
www.baystreet.ca - June 6 at 4:54 PM |
| Canadian Western Bank: Higher Risk, Lower Reward
www.fool.ca - June 5 at 11:58 AM |
| Equities Analysts Offer Predictions for Canadian Western Bank's Q2 2018 Earnings (CWB)
www.americanbankingnews.com - June 5 at 7:22 AM |
| Canadian Western Bank (CWB) to Post FY2017 Earnings of $2.45 Per Share, Cormark Forecasts
www.americanbankingnews.com - June 5 at 7:17 AM |
| Canadian Western Bank: Energy Firms' Upside, Canadian Bank Balance Sheet
seekingalpha.com - June 4 at 11:57 AM |
| Edited Transcript of CWB.TO earnings conference call or presentation 1-Jun-17 6:00pm GMT
finance.yahoo.com - June 3 at 9:54 AM |
| Is Canadian Western Bank a Home Capital Group Inc. 2.0? | The ... - The Motley Fool Canada
www.fool.ca - June 2 at 6:07 PM |
| Canadian Western Bank (CWB) Upgraded by CIBC to "Outperform"
www.americanbankingnews.com - June 2 at 11:20 AM |
| Royal Bank of Canada Trims Canadian Western Bank (CWB) Target Price to C$29.00
www.americanbankingnews.com - June 2 at 10:42 AM |
| Canadian Western Bank (CWB) Issues Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - June 2 at 9:16 AM |
| Canadian Western Bank's (CBWBF) CEO Chris Fowler on Q2 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - June 2 at 3:16 AM |
 | Bay Street Looks To Shake IMF Warning -- Canadian Commentary ... - Nasdaq
www.nasdaq.com - June 1 at 10:16 PM |
| TSX Jumps 120 Points As Energy Rebounds -- Canadian Commentary - Nasdaq
www.nasdaq.com - June 1 at 10:16 PM |
| CWB Declares Dividends - MarketWatch - MarketWatch
www.marketwatch.com - June 1 at 10:16 PM |
| CWB reports strong second quarter financial performance
finance.yahoo.com - June 1 at 5:14 PM |
| Canadian Western Bank quarterly earnings beat market expectations
finance.yahoo.com - June 1 at 5:14 PM |
| Canadian Western Bank sees increased mortgage demand
finance.yahoo.com - June 1 at 5:14 PM |
| Canadian Western Bank reports Q2 results
seekingalpha.com - June 1 at 7:19 AM |
| Canadian Western Bank (CWB) Earns Sector Perform Rating from Royal Bank of Canada
www.americanbankingnews.com - May 26 at 11:36 AM |
| Why I Wouldn't Touch Canadian Western Bank - The Motley Fool Canada
www.fool.ca - May 25 at 6:21 PM |
| Brokers Issue Forecasts for Canadian Western Bank's Q3 2017 Earnings (CWB)
www.americanbankingnews.com - May 22 at 7:12 AM |
| Equities Analysts Issue Forecasts for Canadian Western Bank's Q2 2017 Earnings (CWB)
www.americanbankingnews.com - May 17 at 7:38 AM |
| Canadian Western Bank (CWB) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 12 at 10:58 PM |
| The Wild West of Finance Can Be Brutal
www.fool.ca - May 11 at 5:16 PM |
| These 2 Canadian Banks Offer the Most Growth Potential
www.fool.ca - May 9 at 4:33 PM |
| Buy a Canadian Bank to Avoid the Toronto Real Estate Market
www.fool.ca - May 5 at 4:48 PM |
| Canadian Western Bank (CWB) Earns Neutral Rating from Barclays PLC
www.americanbankingnews.com - April 27 at 8:38 PM |
| Will Home Capital’s Issues Impact the Whole Canadian Banking System?
www.baystreet.ca - April 27 at 5:09 PM |
| Why Canadian Western Bank Could Be the Big Loser in 2017
www.fool.ca - April 27 at 5:09 PM |
| Regional Exposure With Canada's Smaller Banks - The Motley Fool Canada
www.fool.ca - April 25 at 4:22 PM |
| Is Canadian Western Bank Worth Considering?
www.fool.ca - April 19 at 12:38 PM |
| Motive Financial: Bringing thrifty back
finance.yahoo.com - April 18 at 4:22 PM |
| Canadian Western Bank (CWB) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 17 at 10:35 PM |
Canadian Western Bank (CWB) Chart for Wednesday, July, 26, 2017
