Canadian Western Bank (TSE:CWB) insider James Jeffrey Bowling sold 1,500 shares of Canadian Western Bank stock in a transaction dated Monday, December 11th. The stock was sold at an average price of C$38.13, for a total value of C$57,195.00.

Shares of Canadian Western Bank (TSE:CWB) traded up C$0.41 during mid-day trading on Monday, reaching C$38.35. 287,219 shares of the company’s stock traded hands, compared to its average volume of 384,084. Canadian Western Bank has a 1 year low of C$23.68 and a 1 year high of C$38.59.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 4th. Shareholders of record on Friday, December 15th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Thursday, December 14th. This represents a $0.96 annualized dividend and a yield of 2.50%. Canadian Western Bank’s dividend payout ratio (DPR) is presently 40.35%.

A number of equities analysts recently commented on the company. National Bank Financial lifted their price target on Canadian Western Bank from C$35.00 to C$38.00 and gave the stock a “sector perform” rating in a report on Friday. BMO Capital Markets lifted their price target on Canadian Western Bank from C$33.00 to C$34.00 and gave the stock a “market perform” rating in a report on Friday. TD Securities lifted their price target on Canadian Western Bank from C$38.00 to C$39.00 and gave the stock a “hold” rating in a report on Friday. Barclays lifted their price target on Canadian Western Bank from C$33.00 to C$36.00 in a report on Friday. Finally, Canaccord Genuity lifted their price target on Canadian Western Bank from C$35.00 to C$38.00 and gave the stock a “hold” rating in a report on Friday. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average price target of C$38.69.

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Canadian Western Bank Company Profile

Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management.

Insider Buying and Selling by Quarter for Canadian Western Bank (TSE:CWB)

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