Canadian Western Bank (OTCMKTS:CBWBF – Get Rating) is one of 48 public companies in the “Banks—Regional” industry, but how does it contrast to its peers? We will compare Canadian Western Bank to similar companies based on the strength of its earnings, institutional ownership, valuation, dividends, risk, analyst recommendations and profitability.
Dividends
Canadian Western Bank pays an annual dividend of $0.78 per share and has a dividend yield of 4.2%. Canadian Western Bank pays out 28.9% of its earnings in the form of a dividend. As a group, “Banks—Regional” companies pay a dividend yield of 7.4% and pay out 51.7% of their earnings in the form of a dividend.
Insider & Institutional Ownership
38.6% of Canadian Western Bank shares are owned by institutional investors. Comparatively, 28.9% of shares of all “Banks—Regional” companies are owned by institutional investors. 9.7% of shares of all “Banks—Regional” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Profitability
Net Margins | Return on Equity | Return on Assets | |
Canadian Western Bank | N/A | N/A | N/A |
Canadian Western Bank Competitors | 18.96% | 7.84% | 0.76% |
Earnings and Valuation
This table compares Canadian Western Bank and its peers top-line revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Canadian Western Bank | N/A | N/A | 6.83 |
Canadian Western Bank Competitors | $2.44 billion | $384.71 million | 50.13 |
Canadian Western Bank’s peers have higher revenue and earnings than Canadian Western Bank. Canadian Western Bank is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Analyst Ratings
This is a summary of current recommendations and price targets for Canadian Western Bank and its peers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Canadian Western Bank | 0 | 2 | 1 | 0 | 2.33 |
Canadian Western Bank Competitors | 148 | 551 | 522 | 0 | 2.31 |
Canadian Western Bank currently has a consensus target price of $31.00, suggesting a potential upside of 68.20%. As a group, “Banks—Regional” companies have a potential upside of 31.01%. Given Canadian Western Bank’s stronger consensus rating and higher probable upside, analysts plainly believe Canadian Western Bank is more favorable than its peers.
Summary
Canadian Western Bank peers beat Canadian Western Bank on 8 of the 12 factors compared.
About Canadian Western Bank
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, notice, cash management, US dollar, and chequing accounts, as well as organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; agriculture lending products; mortgages; lines of credits; registered retirement savings loans; consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.
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