The valuation is now attractive. This is not a bad entry point. A risk is compressed net interest margins. Could be more downside on banks given recession fears.
Working to diversify, including owning Ontario real estate. Undergoing a review to calculate capital differently which, if successful, would let them compete more aggressively on loan products. Regional banks are trades for him, in and out. Prefers this to LB.
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
In the last year, 11 stock analysts published opinions about CWB-T. 6 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Western Bank.
Canadian Western Bank was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Western Bank.
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.
11 stock analysts on Stockchase covered Canadian Western Bank In the last year. It is a trending stock that is worth watching.
On 2023-03-23, Canadian Western Bank (CWB-T) stock closed at a price of $24.
Management pretty astute. Expanding fairly aggressively in Ontario. Lots of opportunities. Yield is over 5%, relatively safe. Good at measuring credit in the small business sector, and delivering personal service to small business clients. Reasonably good buy if you have a longer term focus.