Canadian Western Bank

CWB-T

TSE:CWB

26.57
0.01 (0.04%)
The Canadian Western Bank is a bank that is based in Edmonton, and which operates primarily in western Canada. The bank serves personal and commercial clients in Western Canada.
More at Wikipedia

Analysis and Opinions about CWB-T

Signal
Opinion
Expert
HOLD
HOLD
August 13, 2020
Fine as a holding. But the majors are cheap enough, and they'll move first. Slightly higher losses coming to CWB because of the oil patch. It's a hold. Wouldn't worry about the dividend too much, but he'd prefer one of the majors at this stage.
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Fine as a holding. But the majors are cheap enough, and they'll move first. Slightly higher losses coming to CWB because of the oil patch. It's a hold. Wouldn't worry about the dividend too much, but he'd prefer one of the majors at this stage.
DON'T BUY
DON'T BUY
October 28, 2019

Focused on the western part of the country and which is still going through a difficult economic period of time. It has had a decent couple of years as credit losses have been kept to a decent low. Their traditional business of lending with a flat yield curve is very difficult. He prefers TD-T and RY-T because they are doing the best with regards to investing.

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Focused on the western part of the country and which is still going through a difficult economic period of time. It has had a decent couple of years as credit losses have been kept to a decent low. Their traditional business of lending with a flat yield curve is very difficult. He prefers TD-T and RY-T because they are doing the best with regards to investing.

COMMENT
COMMENT
August 7, 2019
He sees companies with better diversification outside Canada (the big Canadian banks), though CWB is generally fine and so is its current share price.
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He sees companies with better diversification outside Canada (the big Canadian banks), though CWB is generally fine and so is its current share price.
DON'T BUY
DON'T BUY
July 29, 2019
It's correlated to Canadian oil. The next phase will be a recession, so oil prices will likely see $25 rather than $75. This means, CWB will fall too.
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It's correlated to Canadian oil. The next phase will be a recession, so oil prices will likely see $25 rather than $75. This means, CWB will fall too.
BUY
BUY
March 11, 2019
Got stuck at $40 and had a sell-off. $20-40 range, so there's plenty of upside here. He's worried about this sector, but CWB has already sold off, so he's not worried about it.
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Got stuck at $40 and had a sell-off. $20-40 range, so there's plenty of upside here. He's worried about this sector, but CWB has already sold off, so he's not worried about it.
DON'T BUY
DON'T BUY
January 9, 2019
A good bank, but he questions if it's best in breed. Best in breed involves dominant industry position, sustainable competitive advantage, very strong management, high margins and ROC. There are better examples in the banking industry. Not very diversified geographically. Wealth management, insurance, and capital markets are voids in its portfolio.
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A good bank, but he questions if it's best in breed. Best in breed involves dominant industry position, sustainable competitive advantage, very strong management, high margins and ROC. There are better examples in the banking industry. Not very diversified geographically. Wealth management, insurance, and capital markets are voids in its portfolio.
HOLD
HOLD
September 17, 2018

A mortgage- and loan-heavy bank, so it's more volatile than the big banks. But volatility is opportunity. Don't trade out of this for one to buy one of the big guys. Just stick with it.

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Canadian Western Bank (CWB-T)
September 17, 2018

A mortgage- and loan-heavy bank, so it's more volatile than the big banks. But volatility is opportunity. Don't trade out of this for one to buy one of the big guys. Just stick with it.

COMMENT
COMMENT
February 22, 2018

Tied in with Alberta's economy, but in the past few years has surprised all--its loans losses aren't as bad as people feared. They've weathered the oil crisis very well. Prefers banks not as regional as this one. If you're positive about Alberta's outlook, then CWB is a good hold. A few new pipelines would boost sentiment.

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Tied in with Alberta's economy, but in the past few years has surprised all--its loans losses aren't as bad as people feared. They've weathered the oil crisis very well. Prefers banks not as regional as this one. If you're positive about Alberta's outlook, then CWB is a good hold. A few new pipelines would boost sentiment.

COMMENT
COMMENT
February 14, 2018

National Bank or Canadian Western Bank or Laurentian? Definitely National. It's growing in asset management and spending on technology, adapting their tech to their data findings. Drawback is it's Canadian-only focus. That said, he prefers larger banks operating in U.S. like TD and Royal.

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National Bank or Canadian Western Bank or Laurentian? Definitely National. It's growing in asset management and spending on technology, adapting their tech to their data findings. Drawback is it's Canadian-only focus. That said, he prefers larger banks operating in U.S. like TD and Royal.

DON'T BUY
DON'T BUY
December 27, 2017

Doesn’t like. They don’t own any of the banks in Canada. It’s one he would avoid he doesn’t see good upside. Had a nice rebounce coming back from the energy issues that plagued the sector in 2015 and early 2016. If he owned, he would look at trimming and wouldn’t be picking up here. The oil environment has improved and gotten a lot better and thinks Canadian Western Bank is fully valued at this point. It’s a valuation issue, and also a broader issue around the banking sector with valuations, you are paying for the fundamentals, and thinks fundamentals are rather toppy in terms of the credit cycle.

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Doesn’t like. They don’t own any of the banks in Canada. It’s one he would avoid he doesn’t see good upside. Had a nice rebounce coming back from the energy issues that plagued the sector in 2015 and early 2016. If he owned, he would look at trimming and wouldn’t be picking up here. The oil environment has improved and gotten a lot better and thinks Canadian Western Bank is fully valued at this point. It’s a valuation issue, and also a broader issue around the banking sector with valuations, you are paying for the fundamentals, and thinks fundamentals are rather toppy in terms of the credit cycle.

HOLD
HOLD
November 17, 2017

Although located in the West, the company is not dependent on oil and gas. They’ve been doing well. Have broken into eastern Canada a little. It is probably worth holding. 2.7% dividend yield.

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Although located in the West, the company is not dependent on oil and gas. They’ve been doing well. Have broken into eastern Canada a little. It is probably worth holding. 2.7% dividend yield.

DON'T BUY
DON'T BUY
October 3, 2017

This has had a great recovery with both the oil recovery and housing worries abatement. He wouldn’t look at this in relation to other Canadian banks. Has a yield of under 3%, and you can get Bank of Nova Scotia or Royal Bank that is closer to 4%.

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This has had a great recovery with both the oil recovery and housing worries abatement. He wouldn’t look at this in relation to other Canadian banks. Has a yield of under 3%, and you can get Bank of Nova Scotia or Royal Bank that is closer to 4%.

BUY
BUY
September 21, 2017

It has had a wonderful rally. He is more constructive now on energy than in quite some time. This is a help from western Canada. He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

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Canadian Western Bank (CWB-T)
September 21, 2017

It has had a wonderful rally. He is more constructive now on energy than in quite some time. This is a help from western Canada. He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

DON'T BUY
DON'T BUY
August 24, 2017

This one is in the work out phase. He stays with the larger banks. You are takin on the Western economy with this one. He prefers BNS-T and TD-T.

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This one is in the work out phase. He stays with the larger banks. You are takin on the Western economy with this one. He prefers BNS-T and TD-T.

PAST TOP PICK
PAST TOP PICK
July 13, 2017

*Short*. (Top Pick Jun 10’16, Up 9.11%) This is a paired trade for him. He has no specific target.

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*Short*. (Top Pick Jun 10’16, Up 9.11%) This is a paired trade for him. He has no specific target.

Showing 1 to 15 of 214 entries

Canadian Western Bank(CWB-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Canadian Western Bank is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Western Bank(CWB-T) Frequently Asked Questions

What is Canadian Western Bank stock symbol?

Canadian Western Bank is a Canadian stock, trading under the symbol CWB-T on the Toronto Stock Exchange (CWB-CT). It is usually referred to as TSX:CWB or CWB-T

Is Canadian Western Bank a buy or a sell?

In the last year, 2 stock analysts published opinions about CWB-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. Read the latest stock experts' ratings for Canadian Western Bank.

Is Canadian Western Bank a good investment or a top pick?

Canadian Western Bank was recommended as a Top Pick by Bruce Campbell (1) on 2020-08-13. Read the latest stock experts ratings for Canadian Western Bank.

Why is Canadian Western Bank stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canadian Western Bank worth watching?

2 stock analysts on Stockchase covered Canadian Western Bank In the last year. It is a trending stock that is worth watching.

What is Canadian Western Bank stock price?

On 2020-09-25, Canadian Western Bank (CWB-T) stock closed at a price of $26.57.