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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 tylerreddickon Jun 12, 2024 3:30pm
194 Views
Post# 36085490

Buy CWB.PR.B for a capital gain

Buy CWB.PR.B for a capital gainNational Bank isn't buying the preferred shares, so CWB will probably take some of the money they got, and pay out those preferreds.

If you buy CWB.PR.B today, you will get a 6.9% dividend yield until the buyout day, then an 8.7% capital gain. Not bad for a totally safe investment.
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