Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. More Details
Undervalued with excellent balance sheet and pays a dividend.
Share Price & News
How has Canadian Western Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CWB's weekly volatility (3%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CWB exceeded the Canadian Banks industry which returned 44.8% over the past year.
Return vs Market: CWB exceeded the Canadian Market which returned 28% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Canadian Western Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StIntroducing Canadian Western Bank (TSE:CWB), A Stock That Climbed 48% In The Last Year
2 months ago | Simply Wall StCanadian Western Bank (TSE:CWB) Will Pay A Dividend Of CA$0.29
2 months ago | Simply Wall StWith EPS Growth And More, Canadian Western Bank (TSE:CWB) Is Interesting
Is Canadian Western Bank undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CWB (CA$33.94) is trading below our estimate of fair value (CA$53.83)
Significantly Below Fair Value: CWB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CWB is good value based on its PE Ratio (10.7x) compared to the Canadian Banks industry average (12.4x).
PE vs Market: CWB is good value based on its PE Ratio (10.7x) compared to the Canadian market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: CWB is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: CWB is good value based on its PB Ratio (0.9x) compared to the CA Banks industry average (1.6x).
How is Canadian Western Bank forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWB's forecast earnings growth (7.3% per year) is above the savings rate (1.5%).
Earnings vs Market: CWB's earnings (7.3% per year) are forecast to grow slower than the Canadian market (13.9% per year).
High Growth Earnings: CWB's earnings are forecast to grow, but not significantly.
Revenue vs Market: CWB's revenue (8.3% per year) is forecast to grow faster than the Canadian market (5% per year).
High Growth Revenue: CWB's revenue (8.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CWB's Return on Equity is forecast to be low in 3 years time (11%).
How has Canadian Western Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWB has a high level of non-cash earnings.
Growing Profit Margin: CWB's current net profit margins (31.4%) are lower than last year (32.8%).
Past Earnings Growth Analysis
Earnings Trend: CWB's earnings have grown by 8.5% per year over the past 5 years.
Accelerating Growth: CWB's earnings growth over the past year (5.7%) is below its 5-year average (8.5% per year).
Earnings vs Industry: CWB earnings growth over the past year (5.7%) underperformed the Banks industry 24.1%.
Return on Equity
High ROE: CWB's Return on Equity (8.6%) is considered low.
How is Canadian Western Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CWB's Assets to Equity ratio (10.2x) is moderate.
Allowance for Bad Loans: CWB has a low allowance for bad loans (61%).
Low Risk Liabilities: 90% of CWB's liabilities are made up of primarily low risk sources of funding.
Loan Level: CWB has an appropriate level of Loans to Assets ratio (87%).
Low Risk Deposits: CWB's Loans to Deposits ratio (107%) is appropriate.
Level of Bad Loans: CWB has an appropriate level of bad loans (1%).
What is Canadian Western Bank current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWB's dividend (3.42%) is higher than the bottom 25% of dividend payers in the Canadian market (1.57%).
High Dividend: CWB's dividend (3.42%) is low compared to the top 25% of dividend payers in the Canadian market (4.53%).
Stability and Growth of Payments
Stable Dividend: CWB's dividends per share have been stable in the past 10 years.
Growing Dividend: CWB's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.5%), CWB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CWB's dividends in 3 years are forecast to be well covered by earnings (30.9% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Fowler (61 yo)
Mr. Christopher H. Fowler, also known as Chris, M.A., has been President of Canadian Western Bank since August 30, 2012 and has been its Chief Executive Officer since March 7, 2013 and has been its Directo...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.13M) is about average for companies of similar size in the Canadian market ($USD2.13M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
Experienced Management: CWB's management team is seasoned and experienced (7.6 years average tenure).
Experienced Board: CWB's board of directors are considered experienced (8.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CWB insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Canadian Western Bank's company bio, employee growth, exchange listings and data sources
- Name: Canadian Western Bank
- Ticker: CWB
- Exchange: TSX
- Founded: 1984
- Industry: Regional Banks
- Sector: Banks
- Market Cap: CA$2.959b
- Shares outstanding: 87.17m
- Website: https://www.cwbank.com
Number of Employees
- Canadian Western Bank
- 10303 Jasper Avenue NW
- Suite 3000
- T5J 3X6
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as we...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/04 22:55|
|End of Day Share Price||2021/08/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.