CWB Financial Group

News & events

  • December 18, 2014

    Canadian Western Bank donates more than $350,000 to Big Brothers Big Sisters agencies across Western Canada

    Canadian Western Bank (CWB) is pleased to make donations totaling $353,700 to Big Brothers Big Sisters (BBBS) agencies across Western Canada thanks to The Greater Interest GIC® campaign. Now in its seventh year, the campaign has generated more than $1.6 million in total donations to children’s charities in CWB’s core markets.

  • December 03, 2014

    CWB reports record earnings for the fourth quarter and fiscal 2014

    “Strong fourth quarter financial performance closed out a record year for CWB Group,” said Chris Fowler, President and Chief Executive Officer. “We delivered double-digit loan growth for the 24th time in 25 years and achieved all of our fiscal 2014 performance targets. Our expectations for 2015 reflect ongoing confidence in our client-focused strategy while acknowledging the realities of persistent low interest rates and competitive influences.”

  • December 03, 2014

    Canadian Western Bank declares dividends

    Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly dividend of $0.21 per common share (TSX:CWB), payable on January 8, 2015, to shareholders of record at the close of business on December 16, 2014. This quarterly dividend represents a 5% increase over the previous quarter and is 11% higher than the quarterly dividend declared one year ago. The Board of Directors also declared a cash dividend of $0.275 per CWB Series 5 Preferred Share (TSX:CWB.PR.B) payable on January 31, 2015 to shareholders of record on January 23, 2015.

  • December 03, 2014

    CWB named among the Best Employers in Canada for nine consecutive years

    Canadian Western Bank (CWB) is pleased to announce the achievement of its ninth consecutive year as one of the Best Employers in Canada.

  • November 07, 2014

    CWB announces $375,000 investment in Junior Achievement program across Western Canada

    Canadian Western Bank (CWB) is pleased to announce its continued partnership with Junior Achievement chapters across Western Canada with a $375,000 contribution over the next three years. CWB is renewing its support of Economics for Success, a grade nine or high school program that helps students understand the financial demands of independence and explores the resources needed to support their lifelong educational and career journey.

  • September 11, 2014

    Big Brothers Big Sisters to benefit from The Greater Interest GIC®

    Canadian Western Bank (CWB) will once again support Big Brothers Big Sisters (BBBS) agencies across Western Canada through The Greater Interest GIC® campaign.

  • August 27, 2014

    CWB reports record quarterly earnings

    Canadian Western Bank (TSX: CWB) (CWB) today announced strong third quarter financial performance including the achievement of record quarterly earnings. Compared to the same quarter last year, net income available to common shareholders of $56.6 million was up 19%, while diluted earnings per common share increased 17% to $0.70.

  • June 13, 2014

    CWB Group launches new websites

    CWB Group is excited to announce the launch of a number of new websites across their group of companies. The new sites will allow clients to more easily access the information they need, while continuing to offer the services and tools they trust.

  • June 05, 2014

    CWB reports solid financial performance and strong earnings growth

    Canadian Western Bank (TSX: CWB) (CWB) today announced solid second quarter financial performance led by strong earnings growth.

  • April 28, 2014

    CWB opens new flagship branch in downtown Edmonton

    Canadian Western Bank (CWB) is pleased to announce the opening of its new flagship branch in Edmonton, Alberta.

  • March 24, 2014

    CWB to redeem First Preferred Shares Series 3

    Canadian Western Bank (TSX: CWB) today reconfirmed its intention to redeem all of its issued and outstanding non-cumulative 5-Year rate reset First Preferred Shares Series 3 (the “Series 3 Preferred Shares”) on April 30, 2014 (the “Redemption Date”).

  • March 07, 2014

    CWB announces election of directors

    Canadian Western Bank (TSX: CWB) announced that all nominees listed in the management proxy circular dated January 3, 2014 were elected as directors of CWB.

  • March 06, 2014

    CWB Executive Vice President and CFO Tracey Ball to retire in September 2014

    Canadian Western Bank’s (TSX: CWB) Executive Vice President (EVP) and Chief Financial Officer (CFO), Tracey Ball, today announced her intention to retire effective September 30, 2014.

  • March 06, 2014

    CWB reports record quarterly earnings and very strong loan growth

    Canadian Western Bank (TSX: CWB) (CWB) today announced strong first quarter financial performance led by record quarterly net income available to common shareholders, record total revenues and very strong 4% loan growth.

  • February 10, 2014

    CWB announces closing of preferred share offering

    Canadian Western Bank (TSX: CWB) today announced that it has closed its domestic public offering of Basel III-compliant non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”).

  • January 31, 2014

    CWB announces increase to preferred share offering

    Canadian Western Bank (TSX: CWB) today announced that as a result of strong investor demand for its previously announced domestic public offering of Basel III-compliant noncumulative 5-year rate reset First Preferred Shares Series 5, the size of the offering has been increased to 5 million shares.

  • January 31, 2014

    CWB announces preferred share offering

    Canadian Western Bank (TSX: CWB) today announced its intent to issue $100 million of Basel III-compliant non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”).