Canadian Western Bank (TSE:CWB) insider Allen David Stephen sold 1,000 shares of Canadian Western Bank stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of C$40.00, for a total transaction of C$40,000.00.

Allen David Stephen also recently made the following trade(s):

  • On Friday, January 19th, Allen David Stephen sold 1,450 shares of Canadian Western Bank stock. The shares were sold at an average price of C$40.52, for a total transaction of C$58,754.00.

Shares of Canadian Western Bank (TSE:CWB) opened at C$40.55 on Monday. Canadian Western Bank has a 1 year low of C$23.68 and a 1 year high of C$40.83. The firm has a market cap of $3,590.00, a price-to-earnings ratio of 16.76 and a beta of 1.15.

Canadian Western Bank (TSE:CWB) last announced its quarterly earnings results on Thursday, December 7th. The company reported C$0.74 earnings per share for the quarter, topping the consensus estimate of C$0.67 by C$0.07. Canadian Western Bank had a net margin of 33.13% and a return on equity of 11.23%.

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 4th. Investors of record on Friday, December 15th were given a $0.24 dividend. This represents a $0.96 annualized dividend and a yield of 2.37%. The ex-dividend date of this dividend was Thursday, December 14th. Canadian Western Bank’s dividend payout ratio is presently 38.43%.

Several research firms have recently issued reports on CWB. Laurentian Bank of Canada lifted their price objective on shares of Canadian Western Bank from C$36.00 to C$39.00 and gave the company a “buy” rating in a research report on Monday, October 2nd. CSFB lifted their price objective on shares of Canadian Western Bank from C$34.00 to C$37.00 in a research report on Friday, December 8th. Canaccord Genuity lifted their price objective on shares of Canadian Western Bank from C$30.00 to C$33.00 in a research report on Tuesday, October 31st. National Bank Financial lifted their price objective on shares of Canadian Western Bank from C$35.00 to C$38.00 and gave the company a “sector perform” rating in a research report on Friday, December 8th. Finally, Barclays lifted their price objective on shares of Canadian Western Bank from C$31.00 to C$33.00 in a research report on Tuesday, November 14th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of C$39.08.

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Canadian Western Bank Company Profile

Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management.

Insider Buying and Selling by Quarter for Canadian Western Bank (TSE:CWB)

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