CWB : Canadian Western Bank Stock Profile

Last Updated: 3/12/2024 0:47:16

Canadian Western Bank trades with the ticker CWB on the TSX and is in the Banks – Regional industry.

Overview
Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; prestige banking services; life and disability creditor insurance products; and ATM, mobile, and online banking services, as well as cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income fund, tax free savings accounts, registered education savings plans, and mutual funds; financial planning services; and specialized financing, wealth management offerings, and trust services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.
 

Looking to invest in Canadian Western Bank? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CWB.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2700.604MM

PE Ratio: 8.482

Price: 72.2 (Updated: 3/12/2024 0:47:16)



Canadian Western Bank (CWB) vs Competitors in Banks – Regional

Lets see how CWB.TO stacks up against others in the Banks – Regional asset management industry. We have identified its main peers as:

Laurentian Bank of Canada

.

Banks – Regional Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Canadian Western Bank (CWB) $2,700.604 8.482 0.0 4.8%
Laurentian Bank of Canada (LB) $1,199.632 7.727 0.0 6.8%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Banks – Regional

  • Canadian Western Bank (CWB) vs Laurentian Bank of Canada (LB)
    • LB has higher EPS (3.55 vs 3.3). LB has higher dividend yield (6.8% vs 4.8%). CWB has a higher P/E ratio (8.482 vs 7.727) indicating it’s more expensive.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy CWB stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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