Canadian Western Bank T.CWB

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

Financial Services

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.

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Canadian Western Bank > This Quarters Results.

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Comment by bubba9on Sep 07, 2022 12:23pm

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Post# 34946952

RE:RE:RE:RE:RE:RE:RE:This Quarters Results.

And most insured mortgages are sold off through an MBS anyway. ...

bubba9 wrote: Most are CMHC insured and that's the gov't....So, no chance. The stress test by OSFI on all the banks gave them a bill of health. It's been far worse than this before folks but this is where we make money. Load up on cash cuz you'll want to hit the buy button soon till your trigger finger hurts. Personally waiting for CWB to hit $20 and I'll dabble. I expect that to be next quarter FS...

zforzebra wrote:
What the insurers of the mortgages go broke? Would the banks face a real loss then?