CDN WESTERN BANK chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 11.45
Dividend & Yield1.24C$ (5.28%)
Beta 1.69
Market capitalization 2.22B
Operating cash flow -2.32B
ESG Scores unknown

Company description

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. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Change To Liabilities 42.56M 19.27M 76.49M
Total Cashflows From Investing Activities 498.78M -222.89M -799.2M -730.21M
Net Borrowings 531.52M 248.45M -141.33M -15.94M
Total Cash From Financing Activities 1.7B 1.86B 1.86B 2.59B
Change To Operating Activities -2.44B -2.16B -1.43B -2.29B
Issuance Of Stock 175M 175M 175M 222.97M
Net Income 263.51M 286.79M 270.58M 356.96M
Change In Cash 135.55M 1.55M -37.91M -4.54M
Effect Of Exchange Rate
Total Cash From Operating Activities -2.06B -1.63B -1.1B -1.86B
Depreciation 16.5M 16.31M 31.27M 32.93M
Change To Account Receivables
Other Cashflows From Financing Activities 1.8B 1.65B 1.95B 2.65B
Change To Netincome 84.74M 164.38M -10.92M -69.84M
Capital Expenditures -44.2M -49.07M -54.82M -56.03M

Income Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Research Development
Income Before Tax 361.52M 390.51M 368.58M 480.26M
Net Income 263.51M 286.79M 270.58M 356.96M
Selling General Administrative 311.13M 341.03M 370.94M 431.43M
Gross Profit 751.07M 803.85M 805.23M 988.98M
Ebit
Operating Income 377.59M 398.37M 371.02M 482.02M
Interest Expense
Income Tax Expense 96.88M 102.67M 97.03M 123.01M
Total Revenue 751.07M 803.85M 805.23M 988.98M
Cost Of Revenue
Total Other Income ExpenseNet -16.06M -7.85M -2.44M -1.76M
Net Income From Continuing Ops 264.65M 287.85M 271.55M 357.25M
Net Income Applicable To Common Shares 249.26M 266.94M 248.96M 327.47M

Balance Sheet Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Total Liabilities 26.43B 28.48B 30.61B 33.79B
Total Stockholder Equity 2.32B 2.56B 2.94B 3.28B
Other Current Liabilities 38.28M 102.4M 148.74M 93.67M
Total Assets 29.02B 31.42B 33.94B 37.32B
Common Stock 744.7M 731.97M 730.85M 809.43M
Other Current Assets 132.55M 83.78M 93.33M 88.26M
Retained Earnings 1.65B 1.79B 1.91B 2.12B
Treasury Stock -73.14M 38.57M 302.95M 353.65M
Cash 126.4M 121.99M 113.87M 107.11M
Total Current Liabilities 24.36B 26.04B 28.06B 31.36B
Other Stockholder Equity -73.14M 38.57M 302.95M 353.65M
Property, Plant, and Equipment 59.1M 63.17M 139.35M 130.7M
Total Current Assets 351.85M 647.3M 683.65M 416.87M
Net Tangible Assets 2.07B 2.3B 2.58B 2.92B
Net Receivables 68.08M 65.24M 80.11M 100.92M
Accounts Payable 23.99B 25.68B 27.66B 30.4B


Insider Transactions

Here are the insider transactions of stock shares related to CDN WESTERN BANK:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Watson (Dylan Joseph Barber)D2022-10-01Senior Officer of Issuer
Gould (William Cory)Acquisition or disposition in the public market at price 16.27 per share.D2022-09-29Senior Officer of Issuer300
Murphy, Stephen Howard EdwardAcquisition or disposition in the public market at price 16.36 per share.D2022-09-26Senior Officer of Issuer5k
Rawji, Irfhan AbdulazizD2022-09-22Director of Issuer253
Rawji, Irfhan AbdulazizI2022-09-22Director of Issuer11
Comstock (James Douglas Jr.)Acquisition or disposition in the public market at price 18.73 per share.I2022-09-14Senior Officer of Issuer280
Rudd (Robin Matthew)Acquisition or disposition in the public market at price 18.62 per share.D2022-09-02Senior Officer of Issuer1.23k
Graham, Carolyn JoanI2022-08-31Senior Officer of Issuer19.05k
Graham, Carolyn JoanI2022-08-31Senior Officer of Issuer19.05k
Filippelli (Maria CPA)Acquisition or disposition in the public market at price 18.88 per share.I2022-08-31Director of Issuer1k
Gandolfi (Elizabeth)D2022-08-15Senior Officer of Issuer
Falconer (Mary Suzanne)D2022-08-08Senior Officer of Issuer
Falconer (Mary Suzanne)D2022-08-08Senior Officer of Issuer
Gould (William Cory)D2022-08-01Senior Officer of Issuer
Gould (William Cory)I2022-08-01Senior Officer of Issuer
Stafford (Mark)D2022-08-01Senior Officer of Issuer
Rawji, Irfhan AbdulazizAcquisition or disposition in the public market at price 20.21 per share.D2022-07-29Director of Issuer700
Rawji, Irfhan AbdulazizAcquisition or disposition in the public market at price 20.23 per share.D2022-07-29Director of Issuer7.3k
Jones, Darrell RobertAcquisition or disposition in the public market at price 19.79 per share.D2022-07-26Senior Officer of Issuer1.6k
Erickson (Trent Albert)Acquisition or disposition in the public market at price 18.42 per share.I2022-07-14Senior Officer of Issuer150
Erickson (Trent Albert)Acquisition or disposition in the public market at price 18.41 per share.I2022-07-14Senior Officer of Issuer200
Delorme (Marie Y)Acquisition or disposition in the public market at price 20.44 per share.D2022-07-04Director of Issuer380
Reid (Ian Macnevin)Acquisition or disposition in the public market at price 20.44 per share.I2022-06-28Director of Issuer475
Reid (Ian Macnevin)Acquisition or disposition in the public market at price 20.43 per share.D2022-06-28Director of Issuer650
Rawji, Irfhan AbdulazizAcquisition or disposition under a purchase/ownership plan at price 20.47 per share.D2022-06-23Director of Issuer228
Rawji, Irfhan AbdulazizAcquisition or disposition under a purchase/ownership plan at price 20.47 per share.I2022-06-23Director of Issuer10
Bibby (Andrew John)Acquisition or disposition under a purchase/ownership plan at price 20.73 per share.I2022-06-23Director of Issuer120
Bibby (Andrew John)Acquisition or disposition under a purchase/ownership plan at price 20.73 per share.I2022-06-23Director of Issuer14
Erickson (Trent Albert)Acquisition or disposition in the public market at price 19.95 per share.I2022-06-23Senior Officer of Issuer500
Erickson (Trent Albert)Acquisition or disposition in the public market at price 20.61 per share.I2022-06-20Senior Officer of Issuer85
Erickson (Trent Albert)Acquisition or disposition in the public market at price 20.42 per share.I2022-06-20Senior Officer of Issuer200
Fowler (Christopher Hector)Acquisition or disposition in the public market at price 20.46 per share.D2022-06-16Senior Officer of Issuer790
Fowler (Christopher Hector)Acquisition or disposition in the public market at price 20.48 per share.D2022-06-16Senior Officer of Issuer1.1k
Murphy, Stephen Howard EdwardAcquisition or disposition in the public market at price 20.45 per share.D2022-06-16Senior Officer of Issuer5k
Jones, Darrell RobertAcquisition or disposition in the public market at price 21.64 per share.D2022-06-15Senior Officer of Issuer3.58k
Graham, Carolyn JoanChange in nature of ownership at price 21.97 per share.D2022-06-14Senior Officer of Issuer340
Graham, Carolyn JoanChange in nature of ownership at price 21.97 per share.I2022-06-14Senior Officer of Issuer340
Delorme (Marie Y)Acquisition or disposition in the public market at price 22.97 per share.D2022-06-09Director of Issuer1.02k
Graham, Carolyn JoanChange in nature of ownership at price 24.06 per share.D2022-06-03Senior Officer of Issuer170
Graham, Carolyn JoanChange in nature of ownership at price 24.06 per share.I2022-06-03Senior Officer of Issuer170
Rudd (Robin Matthew)Acquisition or disposition in the public market at price 24.12 per share.I2022-06-03Senior Officer of Issuer860
Delorme (Marie Y)Acquisition or disposition in the public market at price 24.15 per share.D2022-06-02Director of Issuer330
Wright, Jeffrey Isaac LouisAcquisition or disposition in the public market at price 24.04 per share.D2022-05-31Senior Officer of Issuer2.27k
Boles (Niall P.)Acquisition or disposition in the public market at price 27.68 per share.D2022-04-20Senior Officer of Issuer1.3k
Erickson (Trent Albert)Acquisition or disposition in the public market at price 27.57 per share.D2022-04-11Senior Officer of Issuer400
Erickson (Trent Albert)Acquisition or disposition in the public market at price 27.57 per share.D2022-04-11Senior Officer of Issuer800
Erickson (Trent Albert)Acquisition or disposition in the public market at price 27.56 per share.D2022-04-11Senior Officer of Issuer42
Comstock (James Douglas Jr.)Acquisition or disposition in the public market at price 27.52 per share.I2022-04-07Senior Officer of Issuer260
Phillips (Robert L.)D2022-04-07Director of Issuer395
Phillips (Robert L.)I2022-04-07Director of Issuer240
Phillips (Robert L.)I2022-04-07Director of Issuer45

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CDN WESTERN BANK. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CDN WESTERN BANK

Here is the result of two systematic investment strategies applied to CDN WESTERN BANK. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CDN WESTERN BANK

The following chart shows the equity curve of the two systematic investment strategies applied to CDN WESTERN BANK:

CDN WESTERN BANK automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 8.44% on the backtest period.

Performance at glance

Performance

8.44 %

Latent gain

127.71 C$

Invested capital

1512.45 C$

Annualized return

2.04 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on CDN WESTERN BANK

This is the result of two momentum investment strategies applied to CDN WESTERN BANK. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CDN WESTERN BANK

The following chart shows all the entries opened by the momentum investment system on CDN WESTERN BANK:

CDN WESTERN BANK momentum entries
  • The first momentum investment strategy would give 11.86% of return on CDN WESTERN BANK. That represents 511.48C$ of latent gain with 4312.52C$ of employed capital.
  • The second momentum investment strategy would give 6.64% of return on CDN WESTERN BANK. That represents 150.13C$ of latent gain with 2261.87C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

11.86 %

Latent gain

511.48 C$

Invested capital

4312.52 C$

Annualized return

0.49 %
Performance at glance (2Q Momentum)

Performance

6.64 %

Latent gain

150.13 C$

Invested capital

2261.87 C$

Annualized return

1.81 %

Momentum equity curve on CDN WESTERN BANK

The following chart shows the equity curve of the two momentum strategies applied to CDN WESTERN BANK:

CDN WESTERN BANK momentum equity

Note: the dividends potentially given by CDN WESTERN BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CDN WESTERN BANK

The following chart shows the employed capital evolution of the two momentum strategies on CDN WESTERN BANK since the beginning:

CDN WESTERN BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on CDN WESTERN BANK

Buy the dip entry openings on CDN WESTERN BANK

CDN WESTERN BANK

The performance achieved by the robo-advisor on CDN WESTERN BANK is 1.04%. That represents 20.76$ of latent gain with 2005.32C$ of employed capital. The following chart shows CDN WESTERN BANK stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CDN WESTERN BANK, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

1.04 %

Latent gain

20.76 C$

Invested capital

2005.32 C$

Annualized return

0.49 %

Equity curve of the strategy applied to CDN WESTERN BANK

The following chart shows the result of the investment strategy applied to CDN WESTERN BANK:

CDN WESTERN BANK

Note: the dividends potentially given by CDN WESTERN BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CDN WESTERN BANK

The following chart shows the employed capital evolution since the beginning of the investment strategy on CDN WESTERN BANK:

CDN WESTERN BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CDN WESTERN BANK

In this section, I will compare the three previous investment strategies applied to CDN WESTERN BANK.

Equity curve comparison on CDN WESTERN BANK

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CDN WESTERN BANK investment strategy comparison

Employed capital comparison on CDN WESTERN BANK

CDN WESTERN BANK investment comparison

Performance comparison on CDN WESTERN BANK

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 8.44% 127.71C$ 1512.45C$ 2.04%
Momentum 1 quarter 11.86% 511.48C$ 4312.52C$ 3.04%
Momentum 2 quarters 6.64% 150.13C$ 2261.87C$ 1.81%
Non-directional 1.04% 20.76C$ 2005.32C$ 0.49%
Annualized return comparison

Automatic investment

2.04 %

Momentum 1Q

1.81 %

Momentum 2Q

1.81 %

Non-directional

0.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CDN WESTERN BANK:

Positive correlations

Most correlated stocks this year

  • CDN WESTERN BANK

  • Most correlated stocks last 3 months

  • NFI GROUP INC
  • Bancorp 34 Inc
  • CDN WESTERN BANK

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months

  • BCI GROUP
  • BANK OF GUIZHOU
  • Affiliated Managers Group Inc
  • WEALTHY WAY

  • Note: The algorithm computes the probability of correlation between CDN WESTERN BANK and the other stocks. There may be false positives or some missing correlated stocks. If the price of CDN WESTERN BANK does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name CDN WESTERN BANK
    Country Canada
    City Edmonton
    Address 10303 Jasper Avenue NW
    Phone
    Website www.cwbank.com
    FullTime employees 2674
    Industry Banks—Regional
    Sector Financial Services
    Exchange XTSE
    Ticker CWB.XTSE
    Market

    CDN WESTERN BANK ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown