Canadian Western Bank Shares Get Multiple Boosts from Analyst Ratings and Price Targets
December 30, 2022
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CWB Stock Intrinsic Value – Canadian Western Bank ($TSX:CWB) (CWB) is a full-service financial institution that provides banking, investment and wealth management services to retail, business and agricultural customers in Canada. It operates through its Canadian branch network, as well as through its subsidiaries, CWB Financial Group Ltd., CWB Maxium Financial Inc., and CWB Maxium Trust Inc. Recently, there have been several revisions to research analysts’ weekly ratings and price targets for Canadian Western Bank shares, as various brokerages have updated their recommendations.
Overall, the recent analyst ratings and price targets for CWB shares have been very positive, providing a much-needed boost to the stock and giving investors additional confidence in their investment decisions. With the company’s strong fundamentals and attractive valuation, it appears that the future is bright for Canadian Western Bank shares.
Price History
On Monday, the shares of Canadian Western Bank (CWB) opened at CA$23.7 and closed at CA$23.2, marking a 2.3% drop from the previous closing price of CA$23.7. This decline followed two major analyst ratings and price targets for the banking institution.
First, analysts from National Bank Financial gave CWB a “Sector Perform” rating and set a price target of CA$25. Second, analysts from CIBC upgraded their rating of CWB from “Neutral” to “Outperform” and increased its price target to CA$25. The bank has been seeing increased investor interest, especially in the wake of its strong performance over the past year.
Additionally, CWB has been able to increase its dividend twice in the last year, making it an attractive choice for dividend-seeking investors. This app has expanded the bank’s reach to millions of customers across the country and has helped to further solidify CWB’s position as one of Canada’s leading banking institutions. As the bank continues to expand its services and products, it is likely that the stock will remain attractive to investors for some time. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CWB. More…
| Total Revenues | Net Income | Net Margin |
| – | 310.3 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CWB. More…
| Operations | Investing | Financing |
| 1.19k | -1.18k | -8.79 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CWB. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 41.44k | – | – |
Key Ratios Snapshot
Some of the financial key ratios for CWB are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.7% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
VI Analysis – CWB Stock Intrinsic Value
The company’s fundamentals are strong reflecting its long-term potential and this is evidenced by the analysis done by VI app. According to the analysis, the fair value of CWB stock is estimated to be around CA$30.8. Currently, it is being traded at CA$23.2, which implies that the stock is undervalued by 25%. CWB has a wide range of services such as commercial banking, retail banking, wealth management and leasing. This long-term presence has allowed the company to build strong relationships with its customers and develop a loyal customer base over the years. The financials of the company are also quite strong with good profitability, liquidity and solvency ratios. The company has been generating consistent revenues in recent years and has been able to maintain a healthy dividend payout ratio. Moreover, its return on equity has been consistently higher than its peers. All these factors suggest that the current price of CWB stock is undervalued compared to its fair value and investors should take advantage of this opportunity. There is a good chance that the stock will appreciate in value in the future as the company continues to grow and expand its operations. More…
VI Peers
In this highly competitive market, Canadian Western Bank strives to stay ahead of its competitors by providing superior customer service and innovative financial solutions.
– First Financial Bancorp ($NASDAQ:FFBC)
First Financial Bancorp is a Cincinnati-based bank holding company with over $10 billion in assets. The company operates through its subsidiary, First Financial Bank, and provides full-service banking services to individuals and businesses. As of 2022, First Financial Bancorp has a market cap of 2.31 billion, making it one of the largest banking companies in the Cincinnati area. The company’s stock has consistently been performing well and has seen a steady increase in market capitalization over the past few years.
– Hope Bancorp Inc ($NASDAQ:HOPE)
Hope Bancorp Inc. is a financial holding company that provides a wide range of banking services through its banking subsidiaries. As of 2022, the company has a market cap of 1.56B, making it one of the largest regional banks in the United States. The company’s operations are focused on commercial banking, consumer banking, small business banking and wealth management services. Hope Bancorp Inc has been in business since 1975 and has grown to be one of the leading regional banks in the United States. It operates in California, Washington, Oregon, and Texas and has more than $20 billion in assets. The company provides its customers with competitive products and services, including lending, deposit accounts, cash management, and trust services. Its services are tailored to meet the unique needs of its customers and the communities it serves.
Summary
Investing in Canadian Western Bank (CWB) is a great way to diversify a portfolio and gain exposure to the Canadian financial sector. CWB is also a strong choice for investors looking for dividend income. The bank also pays out a special dividend each year, which is often higher than the regular dividend rate. The bank has a strong balance sheet and strong earnings growth potential due to its focus on risk management and capital efficiency. It also has a strong track record of capital management, with a history of returning capital to shareholders through share buybacks and dividend payments.
In addition to its financial strength, CWB has a wide variety of products and services that can benefit investors. These include deposit accounts, mortgages, credit cards, business banking, wealth management services, insurance products, and investment products such as mutual funds and ETFs. Overall, investing in Canadian Western Bank can provide investors with exposure to the Canadian financial sector, dividend income, and a variety of products and services to meet their financial needs. With its strong balance sheet and history of capital management, CWB is an attractive option for investors looking to diversify their portfolios and benefit from the growth potential of the Canadian economy.
