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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

Post by DeanEdmontonon Mar 02, 2023 9:50am
392 Views
Post# 35314838

Good Results Announced

Good Results AnnouncedYou guys that picked this up in the 20-23 range a short while ago will benefit from this earnings announcement. The CWB has posted decent results considering the mess the last quarter was. Growth was not spectaclar but return on equity and the efficany ratio are both improving, Capital Ratios are doing well, provisions for losses are in line and actual loan losses are at the low end of normal range. The diversifcation into the east is finally starting to pay dividends. Significantly better results for the quarter than Laurentian or Scotia posted.
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