Canadian Western Bank (CWB) Stock Price, News & Analysis

Company 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, and trust services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

Key Stats

• Today's Range: C$58.65 to C$59.67
• 50-Day Range: C$51.63 to C$59.64
• 52-Week Range: C$24.66 to C$59.67
• Volume: 259,386 shs
• Average Volume: 358,325 shs
• Market Capitalization: C$5.77 billion
• P/E Ratio: 20.01
• Dividend Yield: 2.35%
• Price Target: C$48.57
• Consensus Rating: Moderate Buy

Canadian Western Bank Stock Analysis - MarketRank™

Canadian Western Bank scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Canadian Western Bank has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Canadian Western Bank has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Canadian Western Bank is 20.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Canadian Western Bank is 20.01, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 434.81.

Price to Earnings Growth Ratio

Canadian Western Bank has a PEG Ratio of 2.95. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Canadian Western Bank has a P/B Ratio of 1.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CWB.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Canadian Western Bank pays a meaningful dividend of 2.55%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Canadian Western Bank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Canadian Western Bank is 46.98%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for CWB.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.33

News Sentiment

Canadian Western Bank has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Canadian Western Bank this week, compared to 2 articles on an average week.

MarketBeat Follows

Only 1 people have added Canadian Western Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Canadian Western Bank insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$200,538.00 in company stock.

Percentage Held by Insiders

Only 0.46% of the stock of Canadian Western Bank is held by insiders.

Percentage Held by Institutions

Only 30.58% of the stock of Canadian Western Bank is held by institutions.

CWB Stock Analysis - Frequently Asked Questions

How have CWB shares performed this year?

Canadian Western Bank's stock was trading at C$30.87 on January 1st, 2024. Since then, CWB shares have increased by 93.2% and is now trading at C$59.64.
View the best growth stocks for 2024 here.

How were Canadian Western Bank's earnings last quarter?

Canadian Western Bank (TSE:CWB) posted its earnings results on Friday, August, 30th. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.87 by $0.27. The business earned $298.47 million during the quarter, compared to the consensus estimate of $296.88 million. Canadian Western Bank had a trailing twelve-month return on equity of 7.51% and a net margin of 29.23%.

How do I buy shares of Canadian Western Bank?

Shares of CWB stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Canadian Western Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Canadian Western Bank investors own include Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Enbridge (ENB), Canadian Imperial Bank of Commerce (CM), Royal Bank of Canada (RY), TELUS (T) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 8/30/2024
• Ex-Dividend for 9/26 Dividend: 9/12/2024
• Dividend Payable: 9/26/2024
• Today: 11/20/2024
• Next Earnings (Estimated): 12/13/2024

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Banks - Regional
• Sub-Industry: N/A
• Current Symbol: TSE:CWB
• CUSIP: N/A
• CIK: N/A
• Web: www.cwbank.com
• Phone: +1-780-4238888
• Fax: N/A
• Employees: 2,454
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$48.57
• High Stock Price Target: C$60.30
• Low Stock Price Target: C$30.00
• Potential Upside/Downside: -18.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$2.98
• Trailing P/E Ratio: 20.01
• Forward P/E Ratio: 16.31
• P/E Growth: 2.95
• Net Income: C$282.53 million
• Net Margins: 29.23%
• Pretax Margin: N/A
• Return on Equity: 7.51%
• Return on Assets: 0.73%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$1.06 billion
• Price / Sales: 5.44
• Cash Flow: C$5.84 per share
• Price / Cash Flow: 10.20
• Book Value: C$41.89 per share
• Price / Book: 1.42

Miscellaneous

• Outstanding Shares: 96,690,000
• Free Float: N/A
• Market Cap: C$5.77 billion
• Optionable: Not Optionable
• Beta: 1.39