TSE:CWB

Canadian Western Bank Stock Forecast, Price & News

C$32.41

+0.20 (+0.62 %)

(As of 04/16/2021 12:00 AM ET)

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Today's Range

C$32.11

Now: C$32.41▼

C$32.48

50-Day Range

C$31.31

MA: C$33.11▼

C$34.85

52-Week Range

C$18.75

Now: C$32.41▼

C$35.46

Volume409,604 shs

Average Volume291,869 shs

Market CapitalizationC$2.82 billion

P/E Ratio11.02

Dividend Yield3.60%

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. Canadian Western Bank has a strategic partnership with Temenos AG to support small and medium sized enterprises with financial decision-making and enhancing their businesses. The company was founded in 1984 and is headquartered in Edmonton, Canada.

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

Employees2,498

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E Ratio11.02

Forward P/E Ratio9.38

P/E Growth1.62

Sales & Book Value

Annual SalesC$830.16 million

Price / Sales3.40

Cash FlowC$42.75 per share

Price / Cash Flow0.76

Book ValueC$34.25 per share

Price / Book0.95

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$2.82 billion

Next Earnings Date6/4/2021 (Estimated)

OptionableOptionable

Headlines

Canadian Western Bank (TSE:CWB) Stock Crosses Above Two Hundred Day Moving Average of $29.60
April 14, 2021 | americanbankingnews.com

Brim Announces Partnership with Canadian Western Bank to Launch Platform as a Service (PaaS)
April 7, 2021 | finance.yahoo.com

Canadian Western Bank (TSE:CWB) Share Price Passes Above 200-Day Moving Average of $29.38
April 6, 2021 | americanbankingnews.com

Canadian Western Bank (TSE:CWB) Hits New 1-Year High at $26.83
March 29, 2021 | americanbankingnews.com

The Canadian Western Bank (TSE:CWB) Share Price Is Up 86% And Shareholders Are Holding On
March 27, 2021 | finance.yahoo.com

CWB announces closing of limited recourse capital notes issuance
March 25, 2021 | finance.yahoo.com

Canadian Western Bank (TSE:CWB) Sets New 52-Week High at $26.60
March 23, 2021 | americanbankingnews.com

Canadian Western Bank (C7W.F)
March 21, 2021 | sg.finance.yahoo.com

Update on independent review of Global Public Health Intelligence Network
March 20, 2021 | finance.yahoo.com

Canadian Western Bank (CBWBF)
March 3, 2021 | au.finance.yahoo.com

CWB Files Management Proxy Circular And Announces Two New Director Nominees
March 1, 2021 | finance.yahoo.com

CWB reports first quarter 2021 financial and strategic performance
February 26, 2021 | markets.businessinsider.com

CWB declares dividends in February 2021
February 26, 2021 | finance.yahoo.com

TSX Closes Modestly Higher
December 16, 2020 | markets.businessinsider.com

CWB announces leadership appointments
December 10, 2020 | finance.yahoo.com

Canadian Western Bank to Host Earnings Call
December 4, 2020 | finance.yahoo.com

CWB named one of Canada's Most Admired Corporate Cultures
November 26, 2020 | finance.yahoo.com

Canadians: 3 Dividend Aristocrats to Hold in Your RRSP Forever
November 7, 2020 | msn.com

Canadian Western Bank Non-Cum. Redeem. Pfd. Series 7
October 30, 2020 | wsj.com

Canadian Western Bank Non-Cum. First Pfd. Series 5
October 30, 2020 | wsj.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.52 out of 5 stars

2.2 Analyst's Opinion

Consensus Rating
Canadian Western Bank has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$34.73, Canadian Western Bank has a forecasted upside of 7.1% from its current price of C$32.41.
Amount of Analyst Coverage
Canadian Western Bank 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 has received 429 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Canadian Western Bank has received 714 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Canadian Western Bank has received 62.47% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Canadian Western Bank 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 pays a meaningful dividend of 3.60%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canadian Western Bank does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Canadian Western Bank is 39.44%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canadian Western Bank insiders have sold 978.06% more of their company's stock than they have bought. Specifically, they have bought C$6,495.00 in company stock and sold C$70,020.00 in company stock.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canadian Western Bank is 11.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canadian Western Bank is 11.02, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.80.
Price to Earnings Growth Ratio
Canadian Western Bank has a PEG Ratio of 1.62. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Canadian Western Bank has a P/B Ratio of 0.95. 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

C$32.41

+0.20 (+0.62 %)

(As of 04/16/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Canadian Western Bank (TSE:CWB) Frequently Asked Questions

Is Canadian Western Bank a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Canadian Western Bank stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CWB, but not buy additional shares or sell existing shares.
View analyst ratings for Canadian Western Bank or view top-rated stocks.

What stocks does MarketBeat like better than Canadian Western Bank?

Wall Street analysts have given Canadian Western Bank a "Hold" 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 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's next earnings date?

Canadian Western Bank is scheduled to release its next quarterly earnings announcement on Friday, June 4th 2021.
View our earnings forecast for Canadian Western Bank.

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) announced its quarterly earnings results on Friday, February, 26th. The company reported $0.93 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.75 by $0.18. The business earned $245.09 million during the quarter, compared to the consensus estimate of $235.83 million.
View Canadian Western Bank's earnings history.

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

Canadian Western Bank'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 42.1% and is now trading at C$32.41.
View which stocks have been most impacted by COVID-19.

How often does Canadian Western Bank pay dividends? What is the dividend yield for Canadian Western Bank?

Canadian Western Bank announced a quarterly dividend on Friday, December 4th. Investors of record on Thursday, December 17th will be given a dividend of 0.29 per share on Thursday, January 7th. This represents a $1.16 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend is Wednesday, December 16th.
View Canadian Western Bank's dividend history.

Is Canadian Western Bank a good dividend stock?

Canadian Western Bank pays an annual dividend of C$1.16 per share and currently has a dividend yield of 3.60%. The dividend payout ratio of Canadian Western Bank is 39.44%. This payout ratio is at a healthy, sustainable level, below 75%.
View Canadian Western Bank's dividend history.

What price target have analysts set for CWB?

6 Wall Street analysts have issued 1 year price targets for Canadian Western Bank's shares. Their forecasts range from C$25.50 to C$38.00. On average, they anticipate Canadian Western Bank's stock price to reach C$34.73 in the next twelve months. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for Canadian Western Bank or view top-rated stocks among Wall Street analysts.

Who are Canadian Western Bank's key executives?

Canadian Western Bank's management team includes the following people:

Mr. Christopher H. Fowler M.A., Pres, CEO & Director (Age 61, Pay $1.7M)
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 Services Banking
Mr. Robin Matthew Rudd C.A., CPA, 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

Who are some of Canadian Western Bank's key competitors?

Some companies that are related to Canadian Western Bank include Secure Trust Bank (STB), Arbuthnot Banking Group (ARBB), Manx Financial Group (MFX), Atlas Mara (ATMA), Australia and New Zealand Banking Group (ANZ), Banca Carige S.p.A. - Cassa di Risparmio di Genova e Imperia (CRG.MI) (CRG), Bank of Queensland (BOQ), Bendigo and Adelaide Bank (BEN), Edgewater Bancorp (EGDW), KBC Group (KBC), National Australia Bank (NAB), Société Générale Société anonyme (GLE), UniCredit (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 own?

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

What is Canadian Western Bank's stock symbol?

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

How do I buy shares of Canadian Western Bank?

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.
Compare Top Brokerages Here.

What is Canadian Western Bank's stock price today?

One share of CWB stock can currently be purchased for approximately C$32.41.

How much money does Canadian Western Bank make?

Canadian Western Bank has a market capitalization of C$2.82 billion and generates C$830.16 million in revenue each year.

How many employees does Canadian Western Bank have?

Canadian Western Bank employs 2,498 workers across the globe.

What is Canadian Western Bank's official website?

The official website for Canadian Western Bank is www.cwbank.com.

Where are Canadian Western Bank's headquarters?

Canadian Western Bank is headquartered at 10303 Jasper Ave NW Suite 3000, EDMONTON, AB T5J 3X6, Canada.

How can I contact Canadian Western Bank?

Canadian Western Bank'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 4/17/2021 by MarketBeat.com Staff

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