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Canadian Western Bank (TSE:CWB)
TSX:CWB
RESEARCH TOOLSreports
Canadian Western Bank (CWB) Stock Price & Analysis
310 Followers
CWB Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$23.55 - C$44.54
Previous CloseC$43.75
Volume268.22K
Average Volume (3M)486.90K
Market Cap
C$4.22B
Enterprise ValueC$8.16B
Total Cash (Recent Filing)C$0.00
Total Debt (Recent Filing)C$3.94B
Price to Earnings (P/E)13.0
Beta0.98
Next Earnings
Aug 30, 2024EPS Estimate
C$0.85Last Dividend Ex-Date
Jun 06, 2024Dividend Yield3.11%
Share Statistics
EPS (TTM)3.36
Shares Outstanding96,544,880
10 Day Avg. Volume1,309,805
30 Day Avg. Volume486,897
Standard Deviation0.09
R-Squared0.57
Alpha-0.00408
Financial Highlights & Ratios
Price to Book (P/B)1.15
Price to Sales (P/S)14.43
Price to Cash Flow (P/CF)-1.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$47.99Price Target Upside9.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Canadian Western Bank News
PremiumCompany Announcements
National Bank Expands with Canadian Western Bank Buyout
Bulls Say, Bears Say
Bulls Say
AcquisitionCWB announced that it has entered into a definitive agreement with National Bank of Canada to be acquired in an all-stock transaction valuing CWB at ~$5bn, representing ~110% premium to CWB's June 11 closing price.
DividendDividend up 3% to $0.35.
Financial PerformanceAdjusted PTPP growth of 15% with positive operating leverage of 6%.
Bears Say
Credit ProvisionsHigher-than-expected credit provisioning driven by higher impaired losses.
EarningsQ2/24 operating EPS of $0.81 missed consensus of $0.85 by approximately 5%.
Stock PerformanceThe stock has been the laggard among the Canadian banks, with a calendar year-to-date total return of negative 17.3%.
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Options Prices
Currently, No data available
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Ownership Overview
4.53% Insiders
7.00% Mutual Funds
8.11% Other Institutional Investors
80.36% 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$23.55 and its highest was C$44.54 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 Aug 30, 2024 which is in 53 days.
How were Canadian Western Bank’s earnings last quarter?
Canadian Western Bank released its earnings results on May 31, 2024. The company reported C$0.81 earnings per share for the quarter, missing the consensus estimate of C$0.857 by -C$0.047.
Is Canadian Western Bank overvalued?
According to Wall Street analysts Canadian Western Bank’s price is currently Undervalued.
Does Canadian Western Bank pay dividends?
Canadian Western Bank pays a Quarterly dividend of C$0.35 which represents an annual dividend yield of 3.11%. 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$0.85.
How many shares outstanding does Canadian Western Bank have?
Canadian Western Bank has 96,544,880 shares outstanding.
What happened to Canadian Western Bank’s price movement after its last earnings report?
Canadian Western Bank reported an EPS of C$0.81 in its last earnings report, missing expectations of C$0.857. Following the earnings report the stock price went down -4.199%.
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
Moderate Buy
Average Price Target:
C$47.99 (9.69% Upside)
C$47.99 (9.69% Upside)
Blogger Sentiment
Bullish
TSE:CWB Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $152.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
81.83%
12-Months-Change
Fundamentals
Return on Equity
8.76%
Trailing 12-Months
Asset Growth
-1.92%
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
Q2 2024
0:00 / 0:00
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CWB Stock 12 Month Forecast
Average Price Target
C$47.99
▲(9.69% Upside)
Technical Analysis
Toronto Dominion Bank
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Bank Of Montreal
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Royal Bank Of Canada
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Canadian Bank of Commerce
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Bank Of Nova Scotia
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Best Analysts Covering CWB
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+35.29%
reiterated a buy rating last month
Copying Gabriel Dechaine's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +35.29% per trade.
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