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CWB declares dividends in May 2021

Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share (TSX:CWB), payable on June 24, 2021 to shareholders of record on June 10, 2021. This quarterly dividend is consistent with the dividends declared one year ago and last quarter. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.2688125 per Series 5, $0.390625 per Series 7, and $0.375 per Series 9, all payable on July 31, 2021 to shareholders of record on July 23, 2021. ....

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Canadian Western Bank sets sights on HNW entrepreneurs

Canadian Western Bank sets sights on HNW entrepreneurs
advisor.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advisor.ca Daily Mail and Mail on Sunday newspapers.

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CWB's wealth division AUM rose significantly year-over-year in Q1

Staff
CWB Financial Group reported net income attributable to common shareholders of $79 million in the first quarter (ended Jan. 31), up from $72 million in Q1 2020.
CWB’s branch-raised deposits increased by 20% year over year. Net interest income was up 7%, thanks in part to a 6% increase in loan growth that was driven by strong growth in commercial loans.
CWB’s wealth management business had assets under management of $6.8 billion at the end of Q1, up from $2.2 billion a year earlier, and assets under administration of $2.4 billion, up from $357 million a year ago.
Provisions for credit losses were down eight basis points from the previous quarter and represented 18 basis points as a percentage of average loans, the release said. ....

Chris Fowler , Financial Group , Leon Frazer Associates , Leon Frazer , கிறிஸ் கோழி , நிதி குழு , லியோன் ஃப்ரேசர் கூட்டாளிகள் , லியோன் ஃப்ரேசர் ,

Earnings increased for CWB in Q1 | Investment Executive

IE Staff
CWB Financial Group reported net income attributable to common shareholders of $79 million in the first quarter (ended Jan. 31), up from $72 million in Q1 2020.
CWB’s branch-raised deposits increased by 20% year over year. Net interest income was up 7%, thanks in part to a 6% increase in loan growth that was driven by strong growth in commercial loans.
Non-interest income was up 56% year over year, thanks to CWB’s acquisition of T.E. Wealth and Leon Frazer & Associates, which closed in June 2020.
CWB’s wealth management business had assets under management of $6.8 billion at the end of Q1, up from $2.2 billion a year earlier, and assets under administration of $2.4 billion, up from $357 million a year ago. ....

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