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Canadian Western Bank

Financial Services CA CWB

59.8CAD
0.16(0.27%)

Last update at 2024-11-21T19:30:00Z

Day Range

59.1459.82
LowHigh

52 Week Range

24.1658.29
LowHigh

Fundamentals

  • Previous Close 59.64
  • Market Cap5607.87M
  • Volume68950
  • P/E Ratio19.80
  • Dividend Yield2.41%
  • Revenue TTM1060.21M
  • Revenue Per Share TTM10.99
  • Gross Profit TTM 1030.29M
  • Diluted EPS TTM2.93

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Income before tax 474.65M 448.51M 480.26M 368.58M 390.51M
Minority interest - 0.00000M -0.29000M 0.86M 1.87M
Net income 350.65M 336.90M 356.96M 270.58M 286.79M
Selling general administrative 404.05M 353.86M 330.82M 286.36M 264.90M
Selling and marketing expenses - 10.37M 10.34M 9.17M 12.55M
Gross profit - 1076.29M 1016.03M 897.39M 861.60M
Reconciled depreciation 62.18M 80.85M 58.30M 50.45M 32.44M
Ebit - 1070.44M 905.62M 937.12M 1022.58M
Ebitda - 1151.29M 963.92M 987.57M 1055.02M
Depreciation and amortization - 80.85M 58.30M 50.45M 32.44M
Non operating income net other - - - - -
Operating income - 1070.44M 905.62M 937.12M 1022.58M
Other operating expenses - 95.70M 73.72M 61.94M 63.27M
Interest expense 1384.19M 621.93M 425.65M 569.50M 633.12M
Tax provision 124.00M 111.62M 123.01M 97.03M 102.67M
Interest income 2365.47M 1561.90M 1318.01M 1368.91M 1418.70M
Net interest income 981.28M 939.98M 892.36M 799.41M 785.58M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense - 111.62M 123.01M 97.03M 102.67M
Total revenue 1112.57M 1076.29M 1016.03M 897.39M 861.60M
Total operating expenses - - - - 405.48M
Cost of revenue - - - - -
Total other income expense net - -621.92900M -425.35900M -568.53500M -632.06400M
Discontinued operations - - - - -
Net income from continuing ops 350.65M 336.90M 357.25M 271.55M 287.85M
Net income applicable to common shares - 310.30M 327.47M 248.96M 266.94M
Preferred stock and other adjustments - - - - -
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Total assets 42320.10M 41440.14M 37323.18M 33937.86M 31424.24M
Intangible assets 241.19M 223.92M 227.84M 220.71M 173.75M
Earning assets - - 3685.36M 3065.77M 2405.31M
Other current assets - 189.09M 88.26M 93.33M 104.13M
Total liab 38293.44M 37707.17M 33789.29M 30605.47M 28476.55M
Total stockholder equity 4026.67M 3732.98M 3533.89M 3331.54M 2945.81M
Deferred long term liab - 13.59M 13.88M 8.46M 6.99M
Other current liab - -635.66600M -556.14000M -527.58900M -541.67100M
Common stock - 956.06M 809.43M 730.85M 731.97M
Capital stock 1257.98M 1206.06M 1059.43M 1120.85M 1121.97M
Retained earnings 2515.72M 2317.15M 2120.80M 1907.74M 1785.27M
Other liab - 43.02M 26.10M 28.02M 24.84M
Good will 138.70M 138.70M 138.70M 138.26M 85.39M
Other assets - 33845.85M 32769.10M 29961.91M 27292.41M
Cash 215.81M 115.98M 128.46M 368.32M 415.84M
Cash and equivalents - - - - -
Total current liabilities - 635.67M 556.14M 527.59M 541.67M
Current deferred revenue - - - - -
Net debt 7019.64M 7947.01M 7304.10M 5700.46M 5315.15M
Short term debt - - - - 576.62M
Short long term debt - - - - 576.62M
Short long term debt total - 8062.99M 7432.56M 6068.78M 5730.99M
Other stockholder equity - 352.47M 702.03M 401.50M 48.62M
Property plant equipment - 153.03M 130.70M 139.35M 63.17M
Total current assets - 2559.85M 489.04M 1313.02M 1790.31M
Long term investments 3908.81M 4518.80M 3581.68M 2673.07M 2026.19M
Net tangible assets - 3120.35M 2917.34M 2582.57M 2296.67M
Short term investments 2426.66M 2087.27M 171.39M 792.79M 1225.45M
Net receivables 197.30M 356.60M 189.19M 151.91M 149.02M
Long term debt 7235.45M 3461.90M 3015.07M 2424.32M 2412.29M
Inventory - 2.01M 2.25M 4.36M 4.22M
Accounts payable 737.71M 635.67M 556.14M 527.59M 541.67M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - -142.69700M 2.64M 102.20M 14.26M
Additional paid in capital - - - - -
Common stock total equity - - - 730.85M 731.97M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - -5034.44300M -4065.04100M -2662.93100M -2341.51300M
Deferred long term asset charges - - - - -
Non current assets total - 5034.44M 4065.04M 2662.93M 2341.51M
Capital lease obligations 93.46M 98.80M 86.51M 94.96M -
Long term debt total - 3560.69M 3101.58M 2519.28M 2412.29M
Breakdown 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Type yearly yearly yearly yearly yearly
Date 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31
Investments 481.43M -1085.06600M -675.95400M -799.19800M -222.89200M
Change to liabilities - 9.29M 76.49M 19.27M 42.56M
Total cashflows from investing activities - -1184.31800M -731.98500M -799.19800M -222.89200M
Net borrowings - -14.35300M -15.94400M -141.33300M 248.45M
Total cash from financing activities 32.73M -8.79500M -75.03900M -99.19300M 204.45M
Change to operating activities - -2378.68100M -2284.80700M -1427.90100M -2157.59800M
Net income 350.65M 336.90M 357.25M 271.55M 287.85M
Change in cash -27.26600M -1.04600M -4.53700M -37.91200M 1.55M
Begin period cash flow 55.96M 57.01M 61.54M 99.45M 97.91M
End period cash flow 28.69M 55.96M 57.01M 61.54M 99.45M
Total cash from operating activities -541.42600M 1192.07M 800.72M 860.48M 19.99M
Issuance of capital stock 44.25M 138.39M 71.35M 172.84M 121.99M
Depreciation 62.18M 80.85M 58.30M 50.45M 32.44M
Other cashflows from investing activities - -1085.06600M -674.18300M -744.37900M -173.82300M
Dividends paid 144.84M 132.83M 126.85M 121.84M 113.08M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock - 138.39M -140.00000M -5.14500M -49.59200M
Other cashflows from financing activities - -1184.31800M 136.40M 119.97M 367.12M
Change to netincome - 100.40M -69.83800M -10.91800M 164.38M
Capital expenditures 78.78M 99.25M 56.03M 54.82M 49.07M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -1137.95800M 673.92M 455.29M 550.37M -463.63100M
Stock based compensation 1.88M 1.97M 1.82M 1.82M 1.62M
Other non cash items 116.97M 74.97M -27.00300M 57.28M 106.98M
Free cash flow -620.20700M 1092.82M 744.68M 805.66M -29.08100M

Peer Comparison

Sector: Financial Services Industry: Banks - Regional

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
CWB
Canadian Western Bank
0.16 0.27% 59.80 19.80 16.10 5.29 1.39 10.93
EQB
Equitable Group Inc.
0.48 0.44% 108.93 11.58 8.55 3.68 1.35 23.19
CWB-PB
Canadian Western Bank Pref B
-0.25 1.27% 19.50 5.12 - 2.49 -
CWB-PD
Canadian Western Bank
-0.06 0.24% 24.94 6.57 - 2.31 -
LB
Laurentian Bank Of Canada
0.08 0.28% 28.51 - 7.06 1.26 0.45 12.64

Reports Covered

Stock Research & News

Profile

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; prestige banking services; life and disability creditor insurance products; and ATM, mobile, and online banking services, as well as cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income fund, tax free savings accounts, registered education savings plans, and mutual funds; financial planning services; and specialized financing, wealth management, and trust services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

Canadian Western Bank

10303 Jasper Avenue NW, Edmonton, AB, Canada, T5J 3X6

Key Executives

Name Title Year Born
Mr. Christopher H. Fowler M.A. Pres, CEO & Director 1960
Mr. Robin Matthew Rudd C.A., CPA Chief Financial Officer NA
Ms. Kelly S. Blackett Chief People & Culture Officer NA
Mr. Stephen H. E. Murphy M.B.A. Group Head of Commercial, Personal & Wealth NA
Mr. Vladimir Ahmad Sr. VP of Operations & Bus. Transformation NA
Mr. Azfar Karimuddin M.B.A. Chief Information Officer NA
Mr. Patrick Gallagher VP of Strategy & Investor Relations NA
David Robert Parkatti VP, Acting Gen. Counsel & Corp. Sec. NA
Ms. Monique M. Petrin Nicholson Sr. VP, Gen. Counsel & Corp. Sec. NA
Angela Saveraux M.B.A. Assistant VP of Marketing & PR NA

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