Canadian Western Bank (TSE:CWB) Senior Officer Darrell Robert Jones sold 1,849 shares of the business’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of C$32.99, for a total transaction of C$60,996.66. Following the transaction, the insider now owns 16,130 shares of the company’s stock, valued at approximately C$532,112.57.

Darrell Robert Jones also recently made the following trade(s):

  • On Thursday, September 5th, Darrell Robert Jones sold 1,750 shares of Canadian Western Bank stock. The stock was sold at an average price of C$33.15, for a total transaction of C$58,014.25.
  • On Wednesday, July 24th, Darrell Robert Jones sold 3,738 shares of Canadian Western Bank stock. The stock was sold at an average price of C$29.75, for a total transaction of C$111,205.50.

Shares of Canadian Western Bank stock traded up C$0.38 on Tuesday, hitting C$33.37. The company had a trading volume of 128,929 shares, compared to its average volume of 236,548. The stock has a 50-day moving average of C$30.41 and a 200-day moving average of C$29.51. Canadian Western Bank has a twelve month low of C$24.33 and a twelve month high of C$35.53. The firm has a market capitalization of $2.89 billion and a P/E ratio of 11.14.

Canadian Western Bank (TSE:CWB) last issued its quarterly earnings data on Thursday, August 29th. The company reported C$0.82 EPS for the quarter, topping analysts’ consensus estimates of C$0.80 by C$0.02. The company had revenue of C$218.48 million for the quarter, compared to analyst estimates of C$220.67 million. As a group, equities analysts predict that Canadian Western Bank will post 3.3799999 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Thursday, September 12th. This is a positive change from Canadian Western Bank’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 3.36%. Canadian Western Bank’s dividend payout ratio is presently 35.45%.

Several equities analysts have recently issued reports on the stock. BMO Capital Markets boosted their price target on shares of Canadian Western Bank from C$34.00 to C$36.00 in a report on Friday, August 30th. Canaccord Genuity raised their price objective on Canadian Western Bank from C$32.00 to C$34.00 and gave the stock a “buy” rating in a research note on Friday, August 30th. Eight Capital lifted their target price on Canadian Western Bank from C$34.00 to C$36.00 in a report on Wednesday, September 4th. National Bank Financial decreased their target price on Canadian Western Bank from C$32.00 to C$30.00 and set a “sector perform” rating for the company in a research note on Thursday, May 30th. Finally, TD Securities boosted their target price on Canadian Western Bank from C$33.00 to C$34.00 and gave the company a “hold” rating in a research note on Friday, August 30th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of C$33.70.

Canadian Western Bank Company Profile

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, senior, chequing, youth, and student accounts, as well as specialized accounts, including corporate and commercial, organization, strata solution/condo, general trust, and trust fund investment accounts.

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

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