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CWB reports fourth quarter and full year 2020 financial and strategic performanceCWB Financial Group (TSX: CWB) (CWB) today announced financial performance for the year ended October 31, 2020, with annual net income available to common shareholders of $249 million and adjusted earnings per common share of $2.93, both down 7% from last year. Fourth quarter net income available to common shareholders of $63 million and adjusted earnings per common share of $0.75, were up 2% and 1%, respectively, from the third quarter.
CWB declares dividends in December 2020Canadian 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 January 7, 2021 to shareholders of record on December 17, 2020. This quarterly dividend is up one cent, or 4%, from the dividend declared one year ago and consistent with 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 January 31, 2021 to shareholders of record on January 22, 2021
Kelly Blackett, Executive Vice President, named one of Canada's most powerful womenCWB Financial Group is delighted to congratulate Kelly Blackett, Executive Vice President, Human Resources and Corporate Communications, on her recognition as a Canada’s Most Powerful Women: Top 100 Award winner.
CWB named one of Canada's Most Admired Corporate CulturesCWB Financial Group is thrilled to win a Canada’s Most Admired™ Corporate Culture Award. Certified by Waterstone Human Capital, the award punctuates CWB’s energy and obsession to create a workplace that puts people first, rewards teamwork and embraces change.