CWB Financial Group

News & events

  • December 21, 2015

    CWB to acquire the businesses of the Maxium Group of Companies

    Canadian Western Bank Group (TSX: CWB)(CWB Group or CWB) is pleased to announce an important step in its growth and diversification strategy with the execution of a definitive agreement to acquire the business of Maxium Financial Services Inc. (Maxium) and Desante Financial Services Inc. (Desante), together referred to as “Maxium Group”.

  • December 03, 2015

    CWB declares dividends

    Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.23 per common share (TSX:CWB), payable on January 7, 2016, to shareholders of record at the close of business on December 15, 2015.

  • December 03, 2015

    CWB reports strong financial performance and record earnings for fiscal 2015

    CWB Group reported solid results for the fourth quarter and fiscal 2015. Highlights included record earnings from Continuing Operations, supported by strong 11% loan growth over the past twelve months, ongoing stable credit quality and very strong 17% growth in branch raised demand and notice deposits.

  • November 26, 2015

    CWB's Medicine Hat branch relocates to Norwood neighbourhood

    Canadian Western Bank (CWB) is pleased to announce the grand opening of our new branch located in the Norwood Professional Centre at 101-2810 13 Avenue Southeast. This location replaces the previous branch on Kingsway Avenue, and will continue to provide a full complement of business and personal banking services.

  • October 23, 2015

    CWB to redeem $300 million of subordinated debentures

    Canadian Western Bank (“CWB”) today announced its intention to redeem all outstanding 4.389% subordinated debentures due November 30, 2020 (the “debentures”) at par plus accrued interest to, but excluding, the redemption date.

  • September 03, 2015

    CWB reports solid credit quality and strong performance from banking, trust and wealth management operations

    Canadian Western Bank (TSX: CWB) (CWB) today announced strong third quarter financial performance from core banking, trust and wealth management operations, along with divestiture gains of $1.33 per diluted common share.

  • September 03, 2015

    CWB declares dividends

    Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share (TSX:CWB), payable on September 24, 2015, to shareholders of record at the close of business on September 14, 2015.

  • August 31, 2015

    The Greater Interest GIC returns this September

    Canadian Western Bank's GIC with a social purpose is back this Fall, available in branches commencing September 1.

  • July 08, 2015

    CWB expands to offer full-service business and personal banking in Prince George, BC

    Canadian Western Bank (CWB) is pleased to announce service expansion at its Prince George branch located at 300 Victoria Street. Following 11 successful years in Prince George operating primarily as an equipment finance lender, CWB will now offer full-service business and personal banking out of its newly expanded branch, effective today.

  • June 04, 2015

    CWB declares dividends

    Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.22 per common share (TSX:CWB), payable on June 25, 2015, to shareholders of record at the close of business on June 15, 2015.

  • June 04, 2015

    CWB reports solid second quarter financial results and sound credit quality

    Canadian Western Bank (TSX: CWB) (CWB) today announced solid second quarter financial performance driven by strong year-over-year loan growth and ongoing sound credit quality.

  • May 01, 2015

    CWB completes sale of Valiant Trust Company assets

    Canadian Western Bank (TSX:CWB) today announced the successful completion, effective May 1, 2015, of its previously disclosed transaction to sell certain assets of its subsidiary, Valiant Trust Company (Valiant), to Computershare Limited ("Computershare") (AUX:CPU) for cash proceeds of approximately $33 million. Assets purchased by Computershare relate to Valiant's business in stock transfer, corporate trust and employee incentive plan services.

  • May 01, 2015

    CWB completes sale of Canadian Direct Insurance

    Canadian Western Bank (TSX: CWB) today announced it has completed the previously disclosed sale of its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (TSX: IFC).

  • March 13, 2015

    CWB Group's 2014 Public Accountability Statement is now available

    CWB Group's 2014 Public Accountability Statement is now available.

  • March 06, 2015

    CWB announces election of directors

    Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the management proxy circular dated January 2, 2015 were elected as directors of CWB.

  • March 04, 2015

    CWB reports very strong loan growth, sound credit quality and solid financial results for the first quarter

    Canadian Western Bank (TSX: CWB) (CWB) today announced solid first quarter financial performance, including very strong 4% quarterly loan growth, sound credit quality and relatively stable net interest margin.

  • March 04, 2015

    CWB 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 March 26, 2015, to shareholders of record at the close of business on March 16, 2015.

  • March 03, 2015

    CWB announces the strategic sale of Valiant Trust Company assets

    Canadian Western Bank (TSX: CWB) today announced it has entered into a definitive agreement with Computershare Limited (Computershare) to sell certain assets of CWB’s subsidiary, Valiant Trust Company (Valiant), for maximum cash proceeds of $33 million.

  • February 11, 2015

    CWB announces strategic transaction to refine its growth strategy

    Canadian Western Bank Group (TSX: CWB) today announced a refinement to its long-term growth strategy with a definitive agreement to sell its property and casualty insurance subsidiary, Canadian Direct Insurance (CDI), to Intact Financial Corporation (Intact) for $197 million in cash.

  • February 04, 2015

    CWB named one of Alberta's Top Employers for 2015

    Canadian Western Bank (CWB) is pleased to announce its recognition as one of Alberta’s Top Employers for 2015.