July 07, 2021 CWB Financial Group donates $20,000 to BC fire relief efforts CWB Financial Group (CWB) will make a $20,000 donation to the United Way British Columbia - United for BC Wildfire Recovery Fund.
June 25, 2021 CWB takes steps toward reconciliation with Indigenous Peoples in Canada The legacy of colonialism in Canada continues to reveal appalling evidence of how Indigenous Peoples have been subjected to unfathomable treatment, trauma and pain. At CWB, we stand in support of any individuals impacted, and we offer open hearts as we take early and concrete steps towards...
June 01, 2021 CWB confirms upcoming redemption of NVCC Series 7 Preferred Shares Canadian Western Bank (“CWB”) (TSX: CWB) today confirmed that it will redeem all of its outstanding 5,600,000 Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 7 (Non-Viability Contingent Capital (NVCC)) (the “Series 7 Preferred Shares”) for cash on July 31, 2021. The Series 7 Preferred...
June 01, 2021 CWB establishes an at-the-market equity program to support higher levels of accretive loan growth Canadian Western Bank (“CWB”) (TSX: CWB) today announced that it has established an at-the-market equity program (the “ATM Program”) that allows CWB to issue up to $150 million worth of common shares from treasury (“Common Shares”) to the public from time to time at the prevailing market price...
May 28, 2021 CWB reports second quarter 2021 financial and strategic performance CWB Financial Group (TSX: CWB) (CWB) today announced financial performance for the three and six month periods ended April 30, 2021, with second quarter net income available to common shareholders of $72 million, up 40% compared to the same period last year. Second quarter pre-tax, pre-provision...