CWB Stock Overview
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada.
Canadian Western Bank Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$27.32|
|52 Week High||CA$41.56|
|52 Week Low||CA$24.11|
|1 Month Change||9.32%|
|3 Month Change||-15.05%|
|1 Year Change||-20.81%|
|3 Year Change||-9.66%|
|5 Year Change||-4.11%|
|Change since IPO||2,533.25%|
Recent News & Updates
Canadian Western Bank (TSE:CWB) Will Pay A Larger Dividend Than Last Year At CA$0.31
The board of Canadian Western Bank ( TSE:CWB ) has announced that it will be increasing its dividend on the 23rd of...
|CWB||CA Banks||CA Market|
Return vs Industry: CWB underperformed the Canadian Banks industry which returned 1% over the past year.
Return vs Market: CWB underperformed the Canadian Market which returned 3.3% over the past year.
|CWB Average Weekly Movement||4.6%|
|Banks Industry Average Movement||3.0%|
|Market Average Movement||10.5%|
|10% most volatile stocks in CA Market||18.9%|
|10% least volatile stocks in CA Market||4.2%|
Stable Share Price: CWB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CWB's weekly volatility (5%) has been stable over the past year.
About the Company
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 well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards.
Canadian Western Bank Fundamentals Summary
|CWB fundamental statistics|
Is CWB overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CWB income statement (TTM)|
|Cost of Revenue||CA$0|
Last Reported Earnings
Apr 30, 2022
Next Earnings Date
Aug 26, 2022
|Earnings per share (EPS)||3.66|
|Net Profit Margin||32.84%|
How did CWB perform over the long term?See historical performance and comparison
4.5%Current Dividend Yield
Is CWB undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 6/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for CWB?
Other financial metrics that can be useful for relative valuation.
|What is CWB's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does CWB's PE Ratio compare to its peers?
|CWB PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LB Laurentian Bank of Canada
FN First National Financial
CWB Canadian Western Bank
Price-To-Earnings vs Peers: CWB is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (15.1x).
Price to Earnings Ratio vs Industry
How does CWB's PE Ratio compare vs other companies in the North American Banks Industry?
Price-To-Earnings vs Industry: CWB is good value based on its Price-To-Earnings Ratio (7.5x) compared to the Canadian Banks industry average (9.7x)
Price to Earnings Ratio vs Fair Ratio
What is CWB's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||7.5x|
|Fair PE Ratio||13.2x|
Price-To-Earnings vs Fair Ratio: CWB is good value based on its Price-To-Earnings Ratio (7.5x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).
Share Price vs Fair Value
What is the Fair Price of CWB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: CWB (CA$27.32) is trading below our estimate of fair value (CA$71.45)
Significantly Below Fair Value: CWB is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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How is Canadian Western Bank forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWB's forecast earnings growth (12.4% per year) is above the savings rate (1.6%).
Earnings vs Market: CWB's earnings (12.4% per year) are forecast to grow faster than the Canadian market (7.4% per year).
High Growth Earnings: CWB's earnings are forecast to grow, but not significantly.
Revenue vs Market: CWB's revenue (11.1% per year) is forecast to grow faster than the Canadian market (6.6% per year).
High Growth Revenue: CWB's revenue (11.1% 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 (11.3%).
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How has Canadian Western Bank performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
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 (32.8%) are higher than last year (31.4%).
Past Earnings Growth Analysis
Earnings Trend: CWB's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: CWB's earnings growth over the past year (22.1%) exceeds its 5-year average (8.8% per year).
Earnings vs Industry: CWB earnings growth over the past year (22.1%) exceeded the Banks industry 20.1%.
Return on Equity
High ROE: CWB's Return on Equity (10.1%) is considered low.
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How is Canadian Western Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score5/6
Financial Health Score 5/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CWB's Assets to Equity ratio (10.7x) is moderate.
Allowance for Bad Loans: CWB has a low allowance for bad loans (80%).
Low Risk Liabilities: 89% 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 (108%) is appropriate.
Level of Bad Loans: CWB has an appropriate level of bad loans (0.6%).
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What is Canadian Western Bank current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWB's dividend (4.54%) is higher than the bottom 25% of dividend payers in the Canadian market (1.83%).
High Dividend: CWB's dividend (4.54%) is low compared to the top 25% of dividend payers in the Canadian market (5.31%).
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
Earnings Coverage: With its reasonably low payout ratio (31.1%), 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 (31.3% payout ratio).
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chris Fowler (62 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 ($USD2.40M) is about average for companies of similar size in the Canadian market ($USD2.29M).
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 (6.4 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 been diluted in the past year, with total shares outstanding growing by 6%.
Canadian Western Bank's employee growth, exchange listings and data sources
- Name: Canadian Western Bank
- Ticker: CWB
- Exchange: TSX
- Founded: 1984
- Industry: Regional Banks
- Sector: Banks
- Implied Market Cap: CA$2.525b
- Shares outstanding: 92.43m
- Website: https://www.cwbank.com
Number of Employees
- Canadian Western Bank
- 10303 Jasper Avenue NW
- Suite 3000
- T5J 3X6
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/19 00:00|
|End of Day Share Price||2022/08/19 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.