BMO - Canadian Western Bank: The 4.5% Remains Sustainable After Elevated Loan Loss Provisions

Introduction

After checking up on some of the larger Canadian banks like the Bank of Montreal (BMO) (read here) and National Bank (OTCPK:NTIOF) (read here), I wanted to check if the smaller banks also are appealing or if the loan loss provisions are weighing on the result. Canadian Western Bank (OTCPK:CBWBF) currently has a market capitalization of almost C$2.5B and is one of the smaller banks The share price has recovered quite well since the COVID-19 outbreak, but I wanted to check on the bank's profitability and