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Canadian Western Bank T.CWB

Alternate Symbol(s):  CBWBF | CWESF | T.CWB.PR.B | T.CWB.PR.D

Canadian Western Bank is a diversified financial services company. It provides full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. It offers specialty business banking services for small-and medium-sized companies with a focus on general commercial, equipment financing, construction financing, commercial real estate financing, real estate construction and project financing and equipment financing and leasing. It also provides full-service personal banking options, including chequing and savings accounts, loans, mortgages and investment products. Its banking services include online banking, ATM banking, creditor insurance, resources for seniors and order cheques online. Its CWB Business Advantage Account and CWB Business Unlimited Account offer solutions for day-to-day banking and 24/7 online access. It has its operations in British Columbia, Alberta, Ontario, Saskatchewan, Quebec, Manitoba and others.


TSX:CWB - Post by User

Bullboard Posts
Comment by MOJOJONOon Dec 10, 2019 1:45am
320 Views
Post# 30438408

RE:Better Yield with Preferred's 6.06% to 6.30%

RE:Better Yield with Preferred's 6.06% to 6.30%Only thing is the Series 7 + 9 are above par so if the company ever called in the shares in the future it'd be a loss, but covered by the dividend by that time.

Series 5 is under par significantly, though it may be due to the 5 year reset period just went by and the dividend is lower than before because the reset rate is lower than 7+9s. Still around 6.3% and under par, so Series 5 seems attractive in that sense.
Bullboard Posts