CA - Canadian Western Bank: Growth Stock Play

2024-04-20 06:50:07 ET

Summary

• Canadian Western Bank is a smaller Canadian banking institution with an asset size of approximately $43 billion.
• The bank has expanded eastward into Ontario, and so far, this strategy is working.
• The bank's smaller size allows for nimble operations and the potential for further expansion and increased profitability.

Canadian Western Bank (CBWBF) (CWB:CA) also known as CWB is a Canadian banking institution based out of Western Canada. As of Dec 31, 2023, its total asset size is approximately $43 billion. This makes CWB the 8th largest bank in Canada by total asset size. A move up from 10th place several years ago....

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