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Canadian Western Bank (TSE:CWB)
TSX:CWB
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Holding TSE:CWB?
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CWB Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$24.66 - C$60.15
Previous CloseC$59.91
Volume279.42K
Average Volume (3M)335.32K
Market Cap
C$5.80B
Enterprise ValueC$9.53B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$3.74B
Price to Earnings (P/E)20.5
Beta0.77
Next Earnings
Dec 06, 2024EPS Estimate
C$0.87Last Dividend Ex-Date
Sep 12, 2024Dividend Yield2.38%
Share Statistics
EPS (TTM)2.93
Shares Outstanding96,544,880
10 Day Avg. Volume201,648
30 Day Avg. Volume335,317
Standard Deviation0.13
R-Squared0.22
Alpha0.00971
Financial Highlights & Ratios
Price to Book (P/B)1.42
Price to Sales (P/S)4.87
Price to Cash Flow (P/CF)2.20
P/FCF Ratio1.60
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$58.39Price Target Upside-2.54% Downside
Rating ConsensusHold
Number of Analyst Covering5
Canadian Western Bank News
PremiumCompany Announcements
Canadian Western Bank to Reorganize Capital with National Bank
PremiumCompany Announcements
National Bank’s Takeover of CWB Promises Growth and Choice
PremiumCompany Announcements
CWB Announces Steady Dividends and Reinvestment Plan
PremiumCompany Announcements
Canadian Western Bank: Q3 Earnings and Upcoming AcquisitionBulls Say, Bears Say
Bulls Say
AcquisitionCWB announced that it has entered into a definitive agreement with NA to be acquired in an all-share deal valued at C$5b.
Positive OutlookAnalyst's recommendation is to maintain a Buy rating with a target price of C$52 (up from C$32).
Premium ValuationThe offer valued CWB at ~1.41x P/BV and a ~110% premium to its closing price prior to the announcement.
Bears Say
Analyst RecommendationFollowing the announced offer, CWB is downgraded from Outperform to Market Perform.
Credit Loss ProvisionsThe provision for credit losses on total loans and provision for credit losses on impaired loans both increased by 33 bps sequentially.
Stock PerformanceThe stock has been the laggard among the Canadian banks, with a calendar YTD total return of negative 17.3%.
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Options Prices
Currently, No data available
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Ownership Overview
0.78% Insiders
8.28% Mutual Funds
0.15% Other Institutional Investors
83.86% Public Companies and
Individual Investors
CWB FAQ
What was Canadian Western Bank’s price range in the past 12 months?
Canadian Western Bank lowest stock price was C$24.66 and its highest was C$60.15 in the past 12 months.
What is Canadian Western Bank’s market cap?
Currently, no data Available
When is Canadian Western Bank’s upcoming earnings report date?
Canadian Western Bank’s upcoming earnings report date is Dec 06, 2024 which is in 13 days.
How were Canadian Western Bank’s earnings last quarter?
Canadian Western Bank released its earnings results on Aug 30, 2024. The company reported C$0.6 earnings per share for the quarter, missing the consensus estimate of C$0.851 by -C$0.251.
Is Canadian Western Bank overvalued?
According to Wall Street analysts Canadian Western Bank’s price is currently Overvalued.
Does Canadian Western Bank pay dividends?
Canadian Western Bank pays a Quarterly dividend of C$0.35 which represents an annual dividend yield of 2.38%. See more information on Canadian Western Bank dividends here
What is Canadian Western Bank’s EPS estimate?
Canadian Western Bank’s EPS estimate is C$0.87.
How many shares outstanding does Canadian Western Bank have?
Canadian Western Bank has 96,742,660 shares outstanding.
What happened to Canadian Western Bank’s price movement after its last earnings report?
Canadian Western Bank reported an EPS of C$0.6 in its last earnings report, missing expectations of C$0.851. Following the earnings report the stock price went up 0.33%.
Which hedge fund is a major shareholder of Canadian Western Bank?
Currently, no hedge funds are holding shares in TSE:CWB
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Canadian Western Bank Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$58.39 (-2.54% Downside)
C$58.39 (-2.54% Downside)
Blogger Sentiment
Bullish
TSE:CWB Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth $145.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
111.31%
12-Months-Change
Fundamentals
Return on Equity
7.46%
Trailing 12-Months
Asset Growth
-4.94%
Trailing 12-Months
Company Description
Canadian Western Bank
Canadian Western Bank engages in the provision of banking services for small and medium size companies. The firm provides commercial banking and financial services for business banking, personal banking or wealth management. It also offers full-service personal banking options, including checking and savings accounts, loans, mortgages, and investment products. The company was founded by Charles R. Allard and Eugene Pechet on March 22, 1984 and is headquartered in Edmonton, Canada.
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CWB Company Deck
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CWB Earnings Call
Q3 2024
0:00 / 0:00
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CWB Stock 12 Month Forecast
Average Price Target
C$58.39
▼(-2.54% Downside)
Technical Analysis
Best Analysts Covering CWB
1 Year
1 Year Success Rate
18/23 ratings generated profit
1 Year Average Return
+42.03%
reiterated a buy rating 3 months ago
Copying Douglas Young's trades and holding each position for 1 Year would result in 78.26% of your transactions generating a profit, with an average return of +42.03% per trade.
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