CBWBF - Should You Consider Canadian Western Bank And Its 2.8%-Yielding Dividend?

Investment Thesis

Canadian Western Bank (CBWBF) (TSX:((CWB))) specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The bank has lower PCL and efficiency ratios than the average of its Canadian peers. It also has a low exposure to personal loans & mortgages. However, its shares are currently trading above the average valuation of its Canadian peers. We believe investors should not chase high and patiently wait for a pullback.

Reasons Why We Like Canadian Western Bank And Its Business

Solid Credit Quality

Canadian

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