Canadian Western Bank (TSE:CWB) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Canadian Western Bank (CWB) reported a full-year net income of $268 million and adjusted earnings per share of $3.01, despite facing challenges such as increased provisions for credit losses. The bank is in the process of a strategic acquisition by National Bank of Canada, which aims to enhance services and create value for clients and shareholders. The transaction is expected to close in 2025, subject to regulatory approvals.
For further insights into TSE:CWB stock, check out TipRanks’ Stock Analysis page.
