Edition:
United Kingdom

Canadian Western Bank (CWB.TO)

CWB.TO on Toronto Stock Exchange

34.82CAD
23 May 2018
Change (% chg)

$-0.54 (-1.53%)
Prev Close
$35.36
Open
$35.29
Day's High
$35.47
Day's Low
$34.51
Volume
454,994
Avg. Vol
282,695
52-wk High
$40.83
52-wk Low
$23.68

Latest Key Developments (Source: Significant Developments)

CWB Franchise Finance Leads $109 Mln Loan Facility Syndication For InnVest Hotels
Wednesday, 4 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
Monday, 30 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

CWB announces increase to previously announced bought deal offering
Friday, 17 Jun 2016 

Canadian Western Bank : Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 6.1 million shares from cwb at a price of $24.50per share . Cwb franchise finance portfolio purchase expected to reduce common equity tier 1 ratio by about 15 basis points on closing in q3 .Cwb announces increase to previously announced bought deal offering to a $150 million offering of common shares.  Full Article

CWB announces $125 mln bought deal offering of common shares
Thursday, 16 Jun 2016 

Canadian Western Bank : CWB announces $125 million bought deal offering of common shares . Common equity Tier 1 ratio was 8.2 pct as of April 30, 2016 . Canadian Western Bank says underwriters have agreed to purchase, on a bought deal basis, an aggregate of 5.1 million shares at $24.50 per share . Estimates that its common equity tier 1 ratio would be approximately 8.8 pct as at April 30, 2016 after giving effect to offering .CWB Franchise finance portfolio purchase is expected to reduce CWB's common equity Tier 1 ratio by about 15 basis points when it closes in Q3.  Full Article

BRIEF-CWB Franchise Finance Leads $109 Mln Loan Facility Syndication For InnVest Hotels

* CWB FRANCHISE FINANCE LEADS $109 MILLION LOAN FACILITY SYNDICATION FOR INNVEST HOTELS LP