Canadian Western Bank (TSE:CWB) – Equities researchers at National Bank Financial issued their Q4 2018 EPS estimates for shares of Canadian Western Bank in a research note issued on Monday. National Bank Financial analyst G. Dechaine forecasts that the company will post earnings of $0.76 per share for the quarter. National Bank Financial has a “Sector Perform” rating and a $38.00 price objective on the stock.
Canadian Western Bank (TSE:CWB) last released its quarterly earnings data on Thursday, December 7th. The company reported C$0.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.67 by C$0.07. The business had revenue of C$195.12 million for the quarter, compared to analysts’ expectations of C$188.80 million. Canadian Western Bank had a return on equity of 11.23% and a net margin of 33.13%.
Shares of Canadian Western Bank (CWB) traded up C$0.43 during trading hours on Thursday, reaching C$37.97. The company’s stock had a trading volume of 50,823 shares, compared to its average volume of 269,049. Canadian Western Bank has a 52-week low of C$23.68 and a 52-week high of C$40.83. The company has a market capitalization of $3,330.00, a PE ratio of 15.61 and a beta of 1.05.
In other news, insider James Jeffrey Bowling sold 1,500 shares of the stock in a transaction on Monday, December 11th. The stock was sold at an average price of C$38.13, for a total transaction of C$57,195.00. Also, insider Allen David Stephen sold 1,450 shares of the stock in a transaction on Friday, January 19th. The stock was sold at an average price of C$40.52, for a total value of C$58,754.00. Insiders have sold 5,238 shares of company stock worth $155,949 in the last 90 days.
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About Canadian Western Bank
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.
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