Canadian Western Bank

Toronto Stock Exchange CWB.TO

Canadian Western Bank Return on Equity (ROE) for the year ending October 31, 2024: 6.80%

Canadian Western Bank Return on Equity (ROE) is 6.80% for the year ending October 31, 2024, a -21.91% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.

Canadian Western Bank Return on Equity (ROE) for the year ending October 31, 2023 was 8.71%.

Key data

Date	Return on Equity (ROE)	Return on Capital Employed (ROCE)	Interest Coverage Ratio	Debt to Equity Ratio

Toronto Stock Exchange: CWB.TO

Canadian Western Bank

CEO	Mr. Christopher H. Fowler M.A.
IPO Date	Nov. 29, 1995
Location	Canada
Headquarters	10303 Jasper Avenue NW
Employees	2,532
Sector	Finance
Industries Banking & Lending Insurance Investment Banking & Asset Management Pension Funds

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.

Key trends

Past 5 years