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Canadian Western Bank (CWB) Competitors

C$46.98
+0.42 (+0.90%)
(As of 07/26/2024 ET)

CWB vs. EQB, CWB.PD, LB, VBNK, X, IGM, IAG, 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), IGM Financial (IGM), iA Financial (IAG), Onex (ONEX), Definity Financial (DFY), and E-L Financial (ELF).

Canadian Western Bank vs.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Western BankC$1.08B4.20C$317.87MC$3.3014.24
EQBC$1.12B3.30C$437.51MC$9.3110.39

Canadian Western Bank pays an annual dividend of C$1.34 per share and has a dividend yield of 2.9%. EQB pays an annual dividend of C$1.68 per share and has a dividend yield of 1.7%. Canadian Western Bank pays out 40.6% of its earnings in the form of a dividend. EQB pays out 18.0% 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.

Canadian Western Bank presently has a consensus target price of C$40.22, indicating a potential downside of 14.40%. EQB has a consensus target price of C$104.44, indicating a potential upside of 7.99%. Given EQB's stronger consensus rating and higher probable upside, analysts plainly believe EQB is more favorable than Canadian Western Bank.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Western Bank
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
EQB
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.70

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

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

Company Net Margins Return on Equity Return on Assets
Canadian Western Bank31.97% 8.58% 0.82%
EQB 39.67%14.70%0.76%

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

In the previous week, Canadian Western Bank had 1 more articles in the media than EQB. MarketBeat recorded 6 mentions for Canadian Western Bank and 5 mentions for EQB. Canadian Western Bank's average media sentiment score of 0.54 beat EQB's score of 0.05 indicating that Canadian Western Bank is being referred to more favorably in the media.

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

Canadian Western Bank received 109 more outperform votes than EQB when rated by MarketBeat users. However, 60.96% of users gave EQB an outperform vote while only 51.39% of users gave Canadian Western Bank an outperform vote.

CompanyUnderperformOutperform
Canadian Western BankOutperform Votes
479
51.39%
Underperform Votes
453
48.61%
EQBOutperform Votes
370
60.96%
Underperform Votes
237
39.04%

Summary

EQB beats Canadian Western Bank on 11 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$4.54BC$5.18BC$3.16BC$5.51B
Dividend Yield4.94%4.50%4.62%5.95%
P/E Ratio14.2442.51484.0224.58
Price / Sales4.2051.371,797.721,611.47
Price / Cash10.201.6649.9780.06
Price / Book1.160.641.473.50
Net IncomeC$317.87MC$2.26BC$397.20MC$287.84M
7 Day Performance2.17%1.05%0.28%0.75%
1 Month Performance8.37%3.60%1.83%4.99%
1 Year Performance76.48%40.52%13.68%28.43%

Canadian Western Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EQB
EQB
2.6701 of 5 stars
2.67 / 5 stars
C$94.50
-0.7%
C$104.44
+10.5%
+26.6%C$3.61BC$1.12B10.151,800
CWB.PD
Canadian Western Bank
0 of 5 stars
0.00 / 5 stars
C$26.12
+0.1%
N/A+7.1%C$2.32BC$1.08B6.892,289High Trading Volume
LB
Laurentian Bank of Canada
2.4427 of 5 stars
2.44 / 5 stars
C$26.10
-2.1%
C$28.31
+8.5%
-38.8%C$1.14BC$960.71M7.353,000News Coverage
High Trading Volume
VBNK
VersaBank
0 of 5 stars
0.00 / 5 stars
C$16.33
-2.4%
C$12.00
-26.5%
+39.0%C$423.93MC$111.47M9.55119
X
TMX Group
1.76 of 5 stars
1.76 / 5 stars
C$41.40
+0.1%
C$40.75
-1.6%
+42.9%C$11.47BC$2.97B28.361,803Analyst Forecast
News Coverage
IGM
IGM Financial
2.0407 of 5 stars
2.04 / 5 stars
C$37.78
-0.7%
C$44.00
+16.5%
-5.0%C$8.97BC$3.58B11.703,300Analyst Forecast
News Coverage
IAG
iA Financial
0.8886 of 5 stars
0.89 / 5 stars
C$89.09
-0.6%
C$89.94
+1.0%
+0.5%C$8.76BC$8.11B12.315,222Analyst Revision
News Coverage
ONEX
Onex
0.9161 of 5 stars
0.92 / 5 stars
C$96.51
+1.5%
C$113.00
+17.1%
+19.9%C$7.41BC$1.12B7.34492News Coverage
DFY
Definity Financial
1.84 of 5 stars
1.84 / 5 stars
C$45.35
-1.0%
C$48.95
+7.9%
+33.7%C$5.22BC$3.96B14.973,442Upcoming Earnings
Analyst Forecast
Analyst Revision
News Coverage
ELF
E-L Financial
0 of 5 stars
0.00 / 5 stars
C$1,193.05
+0.6%
N/AN/AC$4.13BC$3.07B3.802,018News Coverage

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This page (TSE:CWB) was last updated on 7/27/2024 by MarketBeat.com Staff

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