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Canadian Western Bank (CWB.TO)

CWB.TO on Toronto Stock Exchange

34.62CAD
4:00pm EDT
Change (% chg)

$-0.49 (-1.40%)
Prev Close
$35.11
Open
$35.03
Day's High
$35.28
Day's Low
$34.53
Volume
107,653
Avg. Vol
206,138
52-wk High
$40.83
52-wk Low
$31.37

Latest Key Developments (Source: Significant Developments)

CWB Franchise Finance Provides Financing To Ricky’s For Acquisition Of Famoso Neapolitan Pizzeria
Wednesday, 18 Jul 2018 09:00am EDT 

July 18 (Reuters) - Canadian Western Bank ::CWB FRANCHISE FINANCE PROVIDES FINANCING TO RICKY’S GROUP FOR ACQUISITION OF FAMOSO NEAPOLITAN PIZZERIA.  Full Article

Canadian Western Bank Q1 Adj Cash Shr C$0.75
Thursday, 8 Mar 2018 07:00am EST 

March 8 (Reuters) - Canadian Western Bank ::Q1 ADJUSTED CASH EARNINGS PER SHARE C$0.75 .CWB REPORTS VERY STRONG FIRST QUARTER FINANCIAL PERFORMANCE.Q1 REVENUE ROSE 10 PERCENT TO C$193 MILLION.  Full Article

Canadian Western Bank Sees Q4 Adjusted Cash Earnings Per Share Of C$0.74
Thursday, 7 Dec 2017 07:00am EST 

Dec 7 (Reuters) - Canadian Western Bank ::CWB REPORTS VERY STRONG FINANCIAL PERFORMANCE FOR THE FOURTH QUARTER AND FISCAL 2017.SEES Q4 ADJUSTED CASH EARNINGS PER SHARE C$0.74.Q4 REVENUE C$196 MILLION VERSUS I/B/E/S VIEW C$187.9 MILLION.- QTRLY EARNINGS PER COMMON SHARE OF $0.68.- QTRLY NET INTEREST INCOME $171 MILLION VERSUS $149.7 MILLION.  Full Article

CWB Financial to acquire assets of ECN Capital Corp
Monday, 30 Oct 2017 04:30pm EDT 

Oct 30 (Reuters) - Canadian Western Bank :CWB Financial Group to acquire equipment finance and leasing assets of ECN Commercial and Vendor Finance Canada.  Full Article

Computershare to buy Canadian Western Trust's Exempt Market Securities business
Wednesday, 16 Aug 2017 07:00am EDT 

Aug 16 (Reuters) - Computershare Ltd :Computershare to acquire Exempt Market Securities business of Canadian Western Trust.Agreement includes portfolio of about 22,500 self-directed exempt market plan-holder accounts with AUA of about C$1.7 billion.  Full Article

Canadian Western Trust Co to exit exempt market securities business line
Wednesday, 16 Aug 2017 07:00am EDT 

Aug 16 (Reuters) - Canadian Western Bank :Canadian Western Trust Company to exit exempt market securities business line.Canadian Western Bank - ‍earnings contributions from the business line are not material on a consolidated basis for CWB​.Canadian Western Bank - ‍CWT entered into a definitive agreement to appoint computershare trust company of Canada as successor trustee for clients ​.Canadian Western Bank-CWT & a member of CWB Financial Group will no longer offer self-directed account services to holders of exempt market securities​.  Full Article

CWB Q2 earnings per share C$0.54
Thursday, 1 Jun 2017 07:00am EDT 

June 1 (Reuters) - Canadian Western Bank ::cwb reports strong second quarter financial performance.Q2 earnings per share C$0.54.Q2 earnings per share view C$0.57 -- Thomson Reuters I/B/E/S.Q2 adjusted cash earnings per share C$0.59.Q2 revenue C$173 million.Canadian Western Bank - ‍expect increase in both mortgage application volumes and broker deposit pricing to be temporary​.  Full Article

CWB reports Q2 earnings of C$0.54/shr
Thursday, 1 Jun 2017 07:00am EDT 

June 1 (Reuters) - Canadian Western Bank :CWB reports strong second quarter financial performance.Q2 earnings per share C$0.54.Q2 earnings per share view C$0.57 -- Thomson Reuters I/B/E/S.Q2 revenue C$173 million.Qtrly adjusted cash earnings per common share of $0.59.Canadian Western Bank - due to relatively moderate growth in H1 2017, "it will likely be challenging to deliver double digit growth in fiscal 2017".  Full Article

Canadian Western Bank reports Q1 earnings per share c$0.56
Thursday, 2 Mar 2017 07:00am EST 

Canadian Western Bank : CWB reports strong first quarter financial performance including record total revenues . Q1 adjusted cash earnings per share c$0.61 . Q1 earnings per share c$0.56 . Q1 earnings per share view c$0.59 -- Thomson Reuters I/B/E/S . Canadian Western Bank - qtrly net interest income $156.4 million versus $144.1 million . Canadian Western -continue to "carefully monitor loan portfolio for signs of weakness resulting from lagging impact of 2015 - 2016 regional recession" . Canadian Western Bank - expect earnings growth and profitability to fall below our medium-term target ranges in fiscal 2017 .  Full Article

Canadian Western Bank Q1 earnings per share c$0.56
Thursday, 2 Mar 2017 07:00am EST 

Canadian Western Bank : CWB reports strong first quarter financial performance including record total revenues . Q1 adjusted cash earnings per share c$0.61 . Q1 earnings per share c$0.56 . Q1 earnings per share view c$0.59 -- Thomson Reuters I/B/E/S . Q1 revenue rose 11 percent to c$175.8 million . Canadian Western Bank- "expect earnings growth and profitability to fall below our medium-term target ranges in fiscal 2017" .Q1 revenue view c$172.0 million -- Thomson Reuters I/B/E/S.  Full Article

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Global banks fear China will limit JV control through new rules

HONG KONG/SHANGHAI Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.