Cormark Forecasts TSE:CWB FY2026 Earnings

Canadian Western Bank (TSE:CWB - Free Report) - Analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for Canadian Western Bank in a research report issued on Monday, November 25th. Cormark analyst L. Persaud anticipates that the company will post earnings per share of $3.92 for the year. The consensus estimate for Canadian Western Bank's current full-year earnings is $3.66 per share.

Several other research analysts have also recently commented on CWB. Raymond James cut shares of Canadian Western Bank from a "moderate buy" rating to a "hold" rating and raised their target price for the stock from C$52.00 to C$54.00 in a report on Tuesday, September 3rd. Jefferies Financial Group raised their price objective on Canadian Western Bank from C$52.00 to C$57.00 and gave the stock a "hold" rating in a research note on Tuesday, September 3rd. Scotiabank lifted their price objective on Canadian Western Bank from C$52.00 to C$62.00 in a report on Monday. BMO Capital Markets increased their target price on Canadian Western Bank from C$52.00 to C$58.00 in a report on Monday, November 18th. Finally, CIBC boosted their price target on Canadian Western Bank from C$60.30 to C$63.50 in a research note on Tuesday. Six research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, Canadian Western Bank has an average rating of "Hold" and a consensus price target of C$51.45.

Canadian Western Bank Stock Performance

TSE:CWB traded up C$0.02 during mid-day trading on Tuesday, reaching C$59.74. 207,468 shares of the company's stock were exchanged, compared to its average volume of 356,966. The firm has a market capitalization of C$5.78 billion, a PE ratio of 20.05, a price-to-earnings-growth ratio of 2.95 and a beta of 1.39. Canadian Western Bank has a one year low of C$24.66 and a one year high of C$60.35. The business's fifty day simple moving average is C$56.06 and its two-hundred day simple moving average is C$46.12.

Canadian Western Bank (TSE:CWB - Get Free Report) last posted its earnings results on Friday, August 30th. The company reported C$0.60 earnings per share for the quarter, missing analysts' consensus estimates of C$0.87 by C($0.27). The firm had revenue of C$298.47 million for the quarter, compared to analyst estimates of C$296.88 million. Canadian Western Bank had a return on equity of 7.51% and a net margin of 29.23%.

Canadian Western Bank Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 12th were issued a $0.35 dividend. The ex-dividend date was Thursday, September 12th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.34%. Canadian Western Bank's dividend payout ratio (DPR) is currently 46.98%.

Insider Activity

In related news, Senior Officer Trent Albert Erickson sold 3,900 shares of the business's stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of C$51.42, for a total transaction of C$200,538.00. 0.46% of the stock is currently owned by corporate insiders.

Canadian Western Bank Company Profile

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.