Canadian Western Bank (TSE:CWB – Free Report) – Analysts at Cormark issued their FY2026 earnings estimates for Canadian Western Bank in a research report issued on Monday, November 25th. Cormark analyst L. Persaud anticipates that the company will post earnings per share of $3.92 for the year. The consensus estimate for Canadian Western Bank’s current full-year earnings is $3.66 per share.
Several other research analysts have also commented on CWB. Cibc World Mkts upgraded Canadian Western Bank to a “hold” rating in a report on Tuesday, September 3rd. Jefferies Financial Group lifted their target price on shares of Canadian Western Bank from C$52.00 to C$57.00 and gave the stock a “hold” rating in a research note on Tuesday, September 3rd. Raymond James cut shares of Canadian Western Bank from a “moderate buy” rating to a “hold” rating and increased their price target for the company from C$52.00 to C$54.00 in a research note on Tuesday, September 3rd. BMO Capital Markets raised their price target on shares of Canadian Western Bank from C$52.00 to C$58.00 in a report on Monday, November 18th. Finally, CIBC upped their price objective on Canadian Western Bank from C$55.80 to C$60.30 and gave the company a “neutral” rating in a report on Tuesday, September 3rd. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of C$51.13.
Canadian Western Bank Stock Performance
Shares of Canadian Western Bank stock opened at C$59.72 on Tuesday. The business’s 50 day moving average price is C$56.06 and its 200 day moving average price is C$46.12. The company has a market cap of C$5.77 billion, a price-to-earnings ratio of 20.04, a PEG ratio of 2.95 and a beta of 1.39. Canadian Western Bank has a one year low of C$24.66 and a one year high of C$60.35.
Canadian Western Bank (TSE:CWB – Get Free Report) last released its earnings results on Friday, August 30th. The company reported C$0.60 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.87 by C($0.27). The business had revenue of C$298.47 million during the quarter, compared to analysts’ expectations of C$296.88 million. Canadian Western Bank had a return on equity of 7.51% and a net margin of 29.23%.
Canadian Western Bank Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 12th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.34%. The ex-dividend date was Thursday, September 12th. Canadian Western Bank’s dividend payout ratio (DPR) is 46.98%.
Insider Buying and Selling at Canadian Western Bank
In other Canadian Western Bank news, Senior Officer Trent Albert Erickson sold 3,900 shares of the firm’s stock in a transaction that occurred on Wednesday, September 4th. The shares were sold at an average price of C$51.42, for a total value of C$200,538.00. 0.46% of the stock is currently owned by corporate insiders.
Canadian Western Bank Company 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.
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