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Canadian Western Bank (CWB.TO)

CWB.TO on Toronto Stock Exchange

36.94CAD
14 Aug 2018
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Latest Key Developments (Source: Significant Developments)

CWB Franchise Finance Leads $109 Mln Loan Facility Syndication For InnVest Hotels
Thursday, 5 Apr 2018 

April 4 (Reuters) - CWB Franchise Finance::CWB FRANCHISE FINANCE LEADS $109 MILLION LOAN FACILITY SYNDICATION FOR INNVEST HOTELS LP.CWB FRANCHISE FINANCE SAYS LOAN FACILITIES WILL BE USED TO REFINANCE EXISTING DEBT AND INVEST IN CAPITAL PROJECTS.  Full Article

Canadian Western Bank Sees Q4 Adjusted Cash Earnings Per Share Of C$0.74
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Canadian Western Bank ::CWB REPORTS VERY STRONG FINANCIAL PERFORMANCE FOR THE FOURTH QUARTER AND FISCAL 2017.SEES Q4 ADJUSTED CASH EARNINGS PER SHARE C$0.74.Q4 REVENUE C$196 MILLION VERSUS I/B/E/S VIEW C$187.9 MILLION.- QTRLY EARNINGS PER COMMON SHARE OF $0.68.- QTRLY NET INTEREST INCOME $171 MILLION VERSUS $149.7 MILLION.  Full Article

CWB Financial to acquire assets of ECN Capital Corp
Tuesday, 31 Oct 2017 

Oct 30 (Reuters) - Canadian Western Bank :CWB Financial Group to acquire equipment finance and leasing assets of ECN Commercial and Vendor Finance Canada.  Full Article

Canadian Western Bank Q3 adjusted EPS C$0.60
Thursday, 1 Sep 2016 

Canadian Western Bank : Cwb reports third quarter financial performance . Q3 adjusted cash earnings per share C$0.60 . Q3 earnings per share view C$0.59 -- Thomson Reuters I/B/E/S . Q3 earnings per share C$0.55 . Q3 revenue C $169.1 million . Says "credit stress remains confined to oil and gas production loans" . Qtrly net interest income of $149.5 million up 6% .See adjusted cash EPS in fiscal 2016 to be lower due to impact of increased provisions for credit losses on ytd results versus 2015.  Full Article

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Global banks fear China will limit JV control through new rules

HONG KONG/SHANGHAI Western banks are seeking clarification from China's securities watchdog on proposals to allow them to take over their onshore securities ventures, amid concerns about high asset value requirements and limits to ownership by non-financial investors.