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Canadian Western Bank (TSE:CWB)
TSX:CWB
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Earnings Data
Report Date
Feb 27, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.82Last Year’s EPS
0.93Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Dec 06, 2018
|% Change Since: 1.87%
|Next Earnings Date:Aug 30, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative aspects. Revenue and loan growth were strong, with improvements in net interest margin and CET1 ratio. However, challenges included a legal claim, elevated provisions for credit losses, and increased gross impaired loans. Positive outlook with strategic growth plans involving National Bank was highlighted.Company Guidance
During the call, CWB provided guidance indicating a strategic focus on prudent growth and strong financial results for the upcoming year. The bank reported a 6% increase in revenue for the full year, driven by targeted loan growth and an improved net interest margin. Despite challenging economic conditions, CWB achieved an 8% increase in pre-tax pre-provision income and positive operating leverage. For the fourth quarter, revenue growth was consistent with the previous year, although pre-tax pre-provision income remained flat due to higher variable compensation costs. The bank faced elevated provisions for credit losses, which impacted fourth-quarter performance, but it expects these to gradually decline in the second half of 2025. Looking forward, CWB anticipates solid revenue growth, continued net interest margin expansion, and disciplined non-interest expense management, aiming for strong annual growth in pre-tax pre-provision income and adjusted earnings per share.Revenue and Loan Growth
Reported a 6% increase in revenue on a full-year basis. Achieved solid nationwide growth in the general commercial loan portfolio, up 4% annually, with equipment financing and leasing portfolio also increasing by 4%, and real estate project loans increasing by 7% from last year.
Franchise Deposits Increase
Franchise deposits grew by 5% on an annual basis, with term deposits increasing by 14%.
Net Interest Margin Improvement
Net interest income increased, contributing to a 9 basis point increase in net interest margin.
CET1 Ratio Improvement
CET1 ratio increased 9 basis points to approximately 10.3%.
Positive Outlook and Strategic Growth
Confidence expressed in the future with the acquisition of National Bank, expected to create incredible value for clients, teams, communities, and shareholders.
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TSE:CWB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:CWB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 18, 2024 | C$56.74 | C$57.12 | +0.67% |
| Aug 30, 2024 | C$50.64 | C$50.81 | +0.33% |
| May 31, 2024 | C$25.74 | C$24.66 | -4.20% |
| Mar 01, 2024 | C$27.89 | C$27.38 | -1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Canadian Western Bank (TSE:CWB) report earnings?
Canadian Western Bank (TSE:CWB) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
What is Canadian Western Bank (TSE:CWB) earnings time?
Canadian Western Bank (TSE:CWB) earnings time is at Feb 27, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:CWB EPS forecast?
TSE:CWB EPS forecast for the fiscal quarter 2025 (Q1) is 0.82.
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