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Canadian Western Bank is currently in a long term uptrend where the price is trading 11.6% above its 200 day moving average.
From a valuation standpoint, the stock is 88.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.2.
Canadian Western Bank's total revenue rose by 11.4% to $245M since the same quarter in the previous year.
Its net income has increased by 9.4% to $85M since the same quarter in the previous year.
Finally, its free cash flow grew by 57.6% to $-79M since the same quarter in the previous year.
Based on the above factors, Canadian Western Bank gets an overall score of 5/5.
Sector | Financial Services |
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Industry | Banks-Regional |
ISIN | CA13677F1018 |
CurrencyCode | CAD |
Exchange | TO |
Target Price | 31.07 |
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Dividend Yield | 5.3% |
Beta | 1.71 |
PE Ratio | 7.12 |
Market Cap | 2B |
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, notice, cash management, US dollar, and chequing accounts, as well as organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; agriculture lending products; mortgages; lines of credits; registered retirement savings loans; consolidation, and 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, US dollars investments plans, 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.
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