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CWB donates $20,000 to Legacy of Hope FoundationCWB has donated $20,000 to the Legacy of Hope Foundation (LHF), part of a pledge announced in June 2021 to provide immediate new funding to a national organization that aids reconciliation in Canada and educates and builds awareness around the impacts of the Residential School System.
CWB reports third quarter 2021 financial and strategic performanceCWB Financial Group (TSX: CWB) (CWB) today announced financial performance for the three and nine month periods ended July 31, 2021, with third quarter net income available to common shareholders of $86 million and adjusted earnings per common share of $1.01, each up 20% from the previous quarter, and up 39% and 36%, respectively, from the same period in the prior year. Pre-tax, pre-provision income of $138 million was up 9% from the prior quarter and 15% from the same period in the prior year.
CWB declares dividends in August 2021Canadian 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 September 23, 2021 to shareholders of record on September 9, 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 and $0.375 per Series 9, payable on October 31, 2021 to shareholders of record on October 22, 2021.
CWB Financial Group introduces vaccination mandateEffective November 1, 2021, all CWB Financial Group employees and contractors entering the workplace must be fully vaccinated and must provide proof of vaccination.