CWB-PB.TO - Canadian Western Bank

Toronto - Toronto Delayed Price. Currency in CAD
13.25
0.00 (0.00%)
As of 2:25PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close13.25
Open13.21
Bid13.30 x 0
Ask13.39 x 0
Day's Range13.20 - 13.25
52 Week Range10.00 - 18.83
Volume1,600
Avg. Volume7,069
Market Cap1.851B
Beta (5Y Monthly)1.83
PE Ratio (TTM)4.43
EPS (TTM)2.99
Earnings DateN/A
Forward Dividend & Yield1.08 (8.15%)
Ex-Dividend DateJul. 23, 2020
1y Target EstN/A
  • 3 Dividend Kings to Buy Cheap Now and Hold Forever
    The Motley Fool

    3 Dividend Kings to Buy Cheap Now and Hold Forever

    Investors should be investing in or including dividend kings on their buy lists. The Canadian Western Bank stock, TC Energy stock, and Cogeco Communications stock have dividend-growth streaks of 15 years or more. You can hold all three forever.The post 3 Dividend Kings to Buy Cheap Now and Hold Forever appeared first on The Motley Fool Canada.

  • CWB announces private placement of NVCC subordinated debentures
    CNW Group

    CWB announces private placement of NVCC subordinated debentures

    EDMONTON, AB , June 25, 2020 /CNW/ - Canadian Western Bank ("CWB") (CWB.TO) today announced its intent to issue, on a private placement basis in Canada, $125 million aggregate principal amount of 4.840% Series G Subordinated Debentures due June 29 , 2030 (Non-Viability Contingent Capital (NVCC)) (the "Debentures"). Interest on the Debentures will be payable semi-annually from the date of issue until June 29, 2025 at 4.840% per annum. From June 29, 2025 until maturity on June 29, 2030 , the Debentures will pay a quarterly coupon at a rate of the three month bankers' acceptance rate plus 4.102% per annum, beginning on September 29, 2025 .

  • TFSA Investors: 3 Super Bank Dividend Stocks to Buy Today
    The Motley Fool

    TFSA Investors: 3 Super Bank Dividend Stocks to Buy Today

    High-yield bank dividend stocks like Canadian Western Bank (TSX:CWB) are the perfect stash in a TFSA to start the summer.The post TFSA Investors: 3 Super Bank Dividend Stocks to Buy Today appeared first on The Motley Fool Canada.

  • A Tale of 2 Banks: Which Is the Better Buy?
    The Motley Fool

    A Tale of 2 Banks: Which Is the Better Buy?

    Canadian Western Bank (TSX:CWB) and National Bank of Canada (TSX:NA) are two solid companies. Which one should you buy for your portfolio?The post A Tale of 2 Banks: Which Is the Better Buy? appeared first on The Motley Fool Canada.

  • How I’d Invest $20,000 on the TSX in June
    The Motley Fool

    How I’d Invest $20,000 on the TSX in June

    Investors with cash should look to invest in stocks like Canadian Western Bank (TSX:CWB) and in long-term shots like Park Lawn Corporation (TSX:PLC).The post How I’d Invest $20,000 on the TSX in June appeared first on The Motley Fool Canada.

  • Passive Income: 3 Stocks to Buy With $3,000
    The Motley Fool

    Passive Income: 3 Stocks to Buy With $3,000

    The best way to generate passive income is to invest in companies with a growing and reliable dividend that is well covered by earnings and cash flows. The post Passive Income: 3 Stocks to Buy With $3,000 appeared first on The Motley Fool Canada.

  • 2 Regional Canadian Banks Far Cheaper Than the Big Six
    The Motley Fool

    2 Regional Canadian Banks Far Cheaper Than the Big Six

    Canadian Western Bank (TSX:CWB) and Laurentian Bank (TSX:LB) are cheaper than the Big Six banks, but are they worthy buys?The post 2 Regional Canadian Banks Far Cheaper Than the Big Six appeared first on The Motley Fool Canada.

  • The Canadian Press

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (15,192.83, down 69.90 points.)Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 7.29 per cent, to 44.5 cents on 122 million shares.B2Gold Corp. (TSX:BTO). Materials. Up 46 cents, or 6.45 per cent, to $7.59 on 72.6 million shares.Yamana Gold (TSX:YRI). Materials. Up 37 cents, or 5.23 per cent, to $7.45 on 61.8 million shares.Suncor Energy Inc. (TSX:SU). Energy. Down 35 cents, or 1.46 per cent, to $23.67 on 33.9 million shares.Husky Energy Inc. (TSX:HSE). Energy. Down 31 cents, or 7.4 per cent, to $3.88 on 29.5 million shares.Kinross Gold Corp. (TSX:K). Materials. Down 12 cents, or 1.32 per cent, to $8.95 on 22.1 million shares.Companies in the news:Torstar Corp. (TSX:TS.B). Unchanged at 61 cents. A private investment company that is a major backer of Postmedia Network Corp. has agreed to provide financing for NordStar Capital's acquisition of Torstar Corp., the owner of the Toronto Star and other newspapers. NordStar says it considered several sources of outside funding and chose Canso Investment Counsel Ltd. because of its experience in the Canadian media industry. NordStar is a new company formed by Toronto businessmen Jordan Bitove and Paul Rivett, who have backgrounds in corporate finance.Canopy Growth Corp. (TSX:WEED). Down $6.36 or 20.8 per cent to $24.21. Canopy Growth Corp. is rethinking its first-to-every-market strategy after reporting a $1.3-billion loss in its fourth quarter. The Smiths Falls, Ont.-based cannabis company says as part of an ongoing restructuring it has decided not to strive to be the first to every market and will instead focus on select areas like Canada, the U.S. and Germany, where it believes it can be a leader. The change comes after CEO David Klein spent four months taking a deep dive into Canopy's operations and financials. He eventually decided to close a handful of facilities, take up to $800 million in writedowns and cut 800 staff.Laurentian Bank Financial Group (TSX:LB). Down $2.86 or 9.1 per cent to $28.44. Laurentian Bank reported its second-quarter profit fell nearly 80 per cent from a year ago and it cut its dividend in a move to give it more flexibility during the COVID-19 pandemic. The bank says it will now pay a quarterly dividend of 40 cents per share, down from 67 cents per share. Laurentian chief executive Francois Desjardins says the bank has a strong capital and liquidity position and disciplined risk management, but it is a time for prudence. The dividend cut came as Laurentian reported a profit of $8.9 million or 13 cents per share for the quarter ended April 30, down from $43.3 million or 95 cents per share in the same quarter a year ago.CWB Financial Group (TSX:CWB). Down 79 cents or 3.4 per cent to $22.59. CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled. The Edmonton-based company says its provisions for credit losses for the quarter ended April 30 totalled $34.9 million, up from $15.2 million in the same quarter a year ago. The increase came as CWB reported a second-quarter profit attributable to common shareholders of $51.4 million or 59 cents per diluted share, down from $62 million or 71 cents per diluted share a year ago.This report by The Canadian Press was first published May 29, 2020.The Canadian Press

  • Baystreet

    Stocks in play: CWB Financial Group

    Announced financial performance for the three-month period ended April 30, 2020. Common shareholders' ...

  • The Canadian Press

    CWB Financial reports Q2 profit down as provisions for credit losses soar

    EDMONTON — CWB Financial Group reported its second-quarter profit fell compared with a year ago as the economy tanked due to the steps taken to slow the COVID-19 pandemic and its provisions for credit losses more than doubled.The Edmonton-based company says its provisions for credit losses for the quarter ended April 30 totalled $34.9 million, up from $15.2 million in the same quarter a year ago.The increase came as CWB reported a second-quarter profit attributable to common shareholders of $51.4 million or 59 cents per diluted share, down from $62 million or 71 cents per diluted share a year ago.On an adjusted basis, CWB says its cash earnings per share for the quarter amounted to 60 cents compared with 74 cents per share in the same quarter last year.Analysts on average had expected an adjusted profit of 50 cents per share for the most recent quarter, according to financial markets data firm Refinitiv.Chief executive Chris Fowler says the moves the company has taken over the last decade to strengthen and diversify its business have allowed it to face this crisis from a position of stability and confidence."The deteriorating economic and financial market conditions put pressure on our operating results, particularly on the estimated provision for credit losses on performing loans and net interest income," Fowler said in a statement."While our estimated provision for credit losses on performing loans increased this quarter based on an adverse shift in macroeconomic forecasts, we continue to see the benefit from our strategic actions over many years to diversify our loan portfolio."This report by The Canadian Press was first published May 29, 2020.Companies in this story: (TSX:CWB)The Canadian Press

  • CWB declares dividends in May 2020
    CNW Group

    CWB declares dividends in May 2020

    EDMONTON , May 29, 2020 /CNW/ - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share (TSX:CWB), payable on June 25, 2020 ...

  • Did Warren Buffett’s Luck Finally Run Out?
    The Motley Fool

    Did Warren Buffett’s Luck Finally Run Out?

    Warren Buffett is a successful investor because of his investment philosophy and not luck. He is careful in 2020 that his only investment so far is in a regional bank. The Canadian Western Bank stock is a viable option in case you want to follow his lead.The post Did Warren Buffett's Luck Finally Run Out? appeared first on The Motley Fool Canada.

  • Is Canadian Western Bank's (TSE:CWB) CEO Paid Enough Relative To Peers?
    Simply Wall St.

    Is Canadian Western Bank's (TSE:CWB) CEO Paid Enough Relative To Peers?

    Chris Fowler became the CEO of Canadian Western Bank (TSE:CWB) in 2013. This report will, first, examine the CEO...

  • CRA 2020: 1 Dividend Beast to Add to Your TFSA
    The Motley Fool

    CRA 2020: 1 Dividend Beast to Add to Your TFSA

    Bank stocks have been hit due to the COVID-19 pandemic, but TFSA investors should consider Canadian Western Bank (TSX:CWB) for its dividend and great value.The post CRA 2020: 1 Dividend Beast to Add to Your TFSA appeared first on The Motley Fool Canada.

  • A Canadian Bank That’s Still Down 50% From All-Time Highs!
    The Motley Fool

    A Canadian Bank That’s Still Down 50% From All-Time Highs!

    Canadian Western Bank (TSX:CWB) is a Canadian bank that value investors shouldn't count out if they seek deep value on the TSX Index.The post A Canadian Bank That's Still Down 50% From All-Time Highs! appeared first on The Motley Fool Canada.

  • CWB to announce second quarter results on May 29, 2020
    CNW Group

    CWB to announce second quarter results on May 29, 2020

    CWB to announce second quarter results on May 29, 2020

  • Market Rally: Make Big Income Forever!
    The Motley Fool

    Market Rally: Make Big Income Forever!

    Before the market rallies further, buy these dividend stocks for big passive income. Get yields of 5-14%. The post Market Rally: Make Big Income Forever! appeared first on The Motley Fool Canada.

  • Got $6,000 TFSA Cash to Spend? Buy These 2 Beaten-Down Stocks
    The Motley Fool

    Got $6,000 TFSA Cash to Spend? Buy These 2 Beaten-Down Stocks

    The Capital Power stock and Canadian Western Bank stock are beaten-down stocks in the 2020 market crash. For TFSA users with the appetite to invest, both can provide an income stream during the pandemic.The post Got $6,000 TFSA Cash to Spend? Buy These 2 Beaten-Down Stocks appeared first on The Motley Fool Canada.

  • Some Canadian Western Bank (TSE:CWB) Shareholders Are Down 35%
    Simply Wall St.

    Some Canadian Western Bank (TSE:CWB) Shareholders Are Down 35%

    Canadian Western Bank (TSE:CWB) shareholders should be happy to see the share price up 14% in the last month. But if...

  • Retirees: Can You Survive on Your CPP and OAS Pension Alone?
    The Motley Fool

    Retirees: Can You Survive on Your CPP and OAS Pension Alone?

    Retirees might have a hard time living on only the CPP and OAS pension. A longer retirement period and news of recession are motivating factors to invest in dependable dividend-payers like the Canadian Western Bank stock.The post Retirees: Can You Survive on Your CPP and OAS Pension Alone? appeared first on The Motley Fool Canada.

  • Big Buy Signals in Enbridge (TSX:ENB) and This Dividend Stock
    The Motley Fool

    Big Buy Signals in Enbridge (TSX:ENB) and This Dividend Stock

    Get paid handsomely while you wait for these dividend stocks to appreciate. This big buy signal suggests they are substantially undervalued.The post Big Buy Signals in Enbridge (TSX:ENB) and This Dividend Stock appeared first on The Motley Fool Canada.

  • This Canadian Bank Stock Is a Better Buy Than Air Canada (TSX:AC)
    The Motley Fool

    This Canadian Bank Stock Is a Better Buy Than Air Canada (TSX:AC)

    What risks are you taking for the reward you're getting? You can triple your money with these two stocks but one exposes you to much lower risks!The post This Canadian Bank Stock Is a Better Buy Than Air Canada (TSX:AC) appeared first on The Motley Fool Canada.

  • A Sliding Share Price Has Us Looking At Canadian Western Bank's (TSE:CWB) P/E Ratio
    Simply Wall St.

    A Sliding Share Price Has Us Looking At Canadian Western Bank's (TSE:CWB) P/E Ratio

    To the annoyance of some shareholders, Canadian Western Bank (TSE:CWB) shares are down a considerable 51% in the last...

  • Stock Market Crash: These 3 Value Stocks Are Unbelievably Cheap
    The Motley Fool

    Stock Market Crash: These 3 Value Stocks Are Unbelievably Cheap

    You won't believe how cheap value stocks like Altagas (TSX:ALA), Canadian Western Bank (TSX:CWB) or Polaris Infrastructure (TSX:PIF) are today. The post Stock Market Crash: These 3 Value Stocks Are Unbelievably Cheap appeared first on The Motley Fool Canada.

  • Trade Alert: The President Of Canadian Western Bank (TSE:CWB), Christopher Fowler, Has Just Spent CA$50k Buying Shares
    Simply Wall St.

    Trade Alert: The President Of Canadian Western Bank (TSE:CWB), Christopher Fowler, Has Just Spent CA$50k Buying Shares

    Whilst it may not be a huge deal, we thought it was good to see that the Canadian Western Bank (TSE:CWB) President...