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Canadian Western Bank
Buy, Hold or Sell?

Let's analyse Canadian Western Bank together

PenkeI guess you are interested in Canadian Western Bank. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Canadian Western Bank. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Canadian Western Bank (30 sec.)










What can you expect buying and holding a share of Canadian Western Bank? (30 sec.)

How much money do you get?

How much money do you get?
C$1.14
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
C$43.07
Expected worth in 1 year
C$46.01
How sure are you?
92.5%

+ What do you gain per year?

Total Gains per Share
C$4.48
Return On Investment
15.9%

For what price can you sell your share?

Current Price per Share
C$28.20
Expected price per share
C$26.94 - C$29.31
How sure are you?
50%

1. Valuation of Canadian Western Bank (5 min.)




Live pricePrice per Share (EOD)

C$28.20

Intrinsic Value Per Share

C$-371.52 - C$84.40

Total Value Per Share

C$-328.45 - C$127.47

2. Growth of Canadian Western Bank (5 min.)




Is Canadian Western Bank growing?

Current yearPrevious yearGrowGrow %
How rich?$3b$2.7b$5.8b67.9%

How much money is Canadian Western Bank making?

Current yearPrevious yearGrowGrow %
Making money$63.3m$63.2m$120.5k0.2%
Net Profit Margin30.4%31.7%--

How much money comes from the company's main activities?

3. Financial Health of Canadian Western Bank (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Canadian Western Bank? (5 min.)

Welcome investor! Canadian Western Bank's management wants to use your money to grow the business. In return you get a share of Canadian Western Bank.

What can you expect buying and holding a share of Canadian Western Bank?

First you should know what it really means to hold a share of Canadian Western Bank. And how you can make/lose money.

Speculation

The Price per Share of Canadian Western Bank is C$28.20. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Canadian Western Bank.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Canadian Western Bank, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$43.07. Based on the TTM, the Book Value Change Per Share is C$0.73 per quarter. Based on the YOY, the Book Value Change Per Share is C$0.68 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.39 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Canadian Western Bank.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps0.722.5%0.632.2%0.602.1%0.582.0%0.501.8%
Usd Book Value Change Per Share0.983.5%0.541.9%0.501.8%0.531.9%0.481.7%
Usd Dividend Per Share0.281.0%0.281.0%0.260.9%0.250.9%0.210.7%
Usd Total Gains Per Share1.274.5%0.822.9%0.762.7%0.772.7%0.682.4%
Usd Price Per Share21.80-19.83-20.27-21.67-22.15-
Price to Earnings Ratio7.60-7.88-8.47-9.49-11.48-
Price-to-Total Gains Ratio17.20-10.43-36.32-19.74-32.49-
Price to Book Ratio0.69-0.51-0.71-0.80-1.11-
Price-to-Total Gains Ratio17.20-10.43-36.32-19.74-32.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share20.76366
Number of shares48
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.280.25
Usd Book Value Change Per Share0.540.53
Usd Total Gains Per Share0.820.77
Gains per Quarter (48 shares)39.5937.17
Gains per Year (48 shares)158.36148.69
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
15410414848101139
210920830696202288
3163312464143303437
4218415622191404586
5272519780239504735
6327623938287605884
738172710963357061033
843683112543828071182
949093514124309081331
105451039157047810091480

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%109.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%37.03.00.092.5%104.05.00.095.4%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%40.00.00.0100.0%109.00.00.0100.0%
Total Gains per Share3.01.00.075.0%10.02.00.083.3%18.02.00.090.0%37.03.00.092.5%104.05.00.095.4%

Fundamentals of Canadian Western Bank

About Canadian Western Bank

Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards. In addition, the company offers cash management services; prestige banking services; life and disability creditor insurance products; and ATM, mobile, and online banking services, as well as cheque order services. Further, it provides investment products comprising guaranteed investment certificates, US dollars investments plans, registered retirement income fund, tax free savings accounts, registered education savings plans, and mutual funds; financial planning services; and specialized financing, wealth management, and trust services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.

Fundamental data was last updated by Penke on 2024-03-19 11:26:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of Canadian Western Bank.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Canadian Western Bank earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • A Net Profit Margin of 32.4% means that $0.32 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Canadian Western Bank:

  • The MRQ is 32.4%. The company is making a huge profit. +2
  • The TTM is 30.4%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ32.4%TTM30.4%+1.9%
TTM30.4%YOY31.7%-1.3%
TTM30.4%5Y32.3%-1.8%
5Y32.3%10Y32.6%-0.4%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ32.4%18.4%+14.0%
TTM30.4%28.0%+2.4%
YOY31.7%25.2%+6.5%
5Y32.3%22.8%+9.5%
10Y32.6%19.8%+12.8%
1.1.2. Return on Assets

Shows how efficient Canadian Western Bank is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • 0.2% Return on Assets means that Canadian Western Bank generated $0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Canadian Western Bank:

  • The MRQ is 0.2%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.2%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.2%TTM0.2%+0.0%
TTM0.2%YOY0.2%0.0%
TTM0.2%5Y0.2%0.0%
5Y0.2%10Y0.2%0.0%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2%0.1%+0.1%
TTM0.2%0.2%+0.0%
YOY0.2%0.2%+0.0%
5Y0.2%0.2%+0.0%
10Y0.2%0.2%+0.0%
1.1.3. Return on Equity

Shows how efficient Canadian Western Bank is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • 2.3% Return on Equity means Canadian Western Bank generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Canadian Western Bank:

  • The MRQ is 2.3%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 2.1%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ2.3%TTM2.1%+0.1%
TTM2.1%YOY2.3%-0.2%
TTM2.1%5Y2.3%-0.2%
5Y2.3%10Y2.5%-0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ2.3%1.4%+0.9%
TTM2.1%2.5%-0.4%
YOY2.3%2.7%-0.4%
5Y2.3%2.5%-0.2%
10Y2.5%2.8%-0.3%

1.2. Operating Efficiency of Canadian Western Bank.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Canadian Western Bank is operating .

  • Measures how much profit Canadian Western Bank makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Canadian Western Bank:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM41.3%-41.3%
TTM41.3%YOY117.5%-76.1%
TTM41.3%5Y92.8%-51.5%
5Y92.8%10Y99.5%-6.7%
1.2.2. Operating Ratio

Measures how efficient Canadian Western Bank is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Canadian Western Bank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.095-0.095
5Y0.09510Y0.153-0.058

1.3. Liquidity of Canadian Western Bank.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Canadian Western Bank is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 0.00 means the company has $0.00 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Canadian Western Bank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.004-0.004
TTM0.004YOY1.010-1.005
TTM0.0045Y0.542-0.537
5Y0.54210Y0.670-0.128
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM0.0040.124-0.120
YOY1.0100.225+0.785
5Y0.5420.219+0.323
10Y0.6700.131+0.539
1.3.2. Quick Ratio

Measures if Canadian Western Bank is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Canadian Western Bank:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.028-0.028
TTM0.028YOY1.831-1.803
TTM0.0285Y0.916-0.888
5Y0.91610Y0.991-0.075

1.4. Solvency of Canadian Western Bank.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Canadian Western Bank assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Canadian Western Bank to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.90 means that Canadian Western Bank assets are financed with 90.3% credit (debt) and the remaining percentage (100% - 90.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Canadian Western Bank:

  • The MRQ is 0.903. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.724. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.903TTM0.724+0.178
TTM0.724YOY0.908-0.183
TTM0.7245Y0.869-0.145
5Y0.86910Y0.891-0.021
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9030.915-0.012
TTM0.7240.917-0.193
YOY0.9080.919-0.011
5Y0.8690.919-0.050
10Y0.8910.927-0.036
1.4.2. Debt to Equity Ratio

Measures if Canadian Western Bank is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 927.4% means that company has $9.27 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Canadian Western Bank:

  • The MRQ is 9.274. The company is unable to pay all its debts with equity. -1
  • The TTM is 7.627. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ9.274TTM7.627+1.647
TTM7.627YOY9.855-2.227
TTM7.6275Y9.197-1.569
5Y9.19710Y9.808-0.611
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ9.27410.829-1.555
TTM7.62711.013-3.386
YOY9.85511.363-1.508
5Y9.19711.437-2.240
10Y9.80813.038-3.230

2. Market Valuation of Canadian Western Bank

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Canadian Western Bank generates.

  • Above 15 is considered overpriced but always compare Canadian Western Bank to the Banks - Regional industry mean.
  • A PE ratio of 7.60 means the investor is paying $7.60 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Canadian Western Bank:

  • The EOD is 7.242. Based on the earnings, the company is cheap. +2
  • The MRQ is 7.604. Based on the earnings, the company is underpriced. +1
  • The TTM is 7.880. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD7.242MRQ7.604-0.362
MRQ7.604TTM7.880-0.276
TTM7.880YOY8.474-0.595
TTM7.8805Y9.486-1.606
5Y9.48610Y11.482-1.996
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD7.2427.398-0.156
MRQ7.6046.680+0.924
TTM7.8805.295+2.585
YOY8.4746.943+1.531
5Y9.4869.770-0.284
10Y11.4829.943+1.539
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Canadian Western Bank:

  • The EOD is 1.499. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 1.574. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.621. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.499MRQ1.574-0.075
MRQ1.574TTM3.621-2.047
TTM3.621YOY1.343+2.279
TTM3.6215Y0.574+3.047
5Y0.57410Y-0.740+1.315
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD1.499-2.069+3.568
MRQ1.574-1.868+3.442
TTM3.621-0.342+3.963
YOY1.3436.448-5.105
5Y0.5740.429+0.145
10Y-0.7400.091-0.831
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Canadian Western Bank is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 0.69 means the investor is paying $0.69 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Canadian Western Bank:

  • The EOD is 0.655. Based on the equity, the company is cheap. +2
  • The MRQ is 0.687. Based on the equity, the company is cheap. +2
  • The TTM is 0.514. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.655MRQ0.687-0.033
MRQ0.687TTM0.514+0.173
TTM0.514YOY0.711-0.197
TTM0.5145Y0.799-0.285
5Y0.79910Y1.108-0.309
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD0.6550.427+0.228
MRQ0.6870.386+0.301
TTM0.5140.470+0.044
YOY0.7110.642+0.069
5Y0.7990.795+0.004
10Y1.1081.025+0.083
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Canadian Western Bank compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--1.3360.735+82%0.680+96%0.714+87%0.649+106%
Book Value Per Share--43.069120.807-64%38.785+11%52.017-17%37.257+16%
Current Ratio---0.004-100%1.010-100%0.542-100%0.670-100%
Debt To Asset Ratio--0.9030.724+25%0.908-1%0.869+4%0.891+1%
Debt To Equity Ratio--9.2747.627+22%9.855-6%9.197+1%9.808-5%
Dividend Per Share--0.3860.385+0%0.353+9%0.338+14%0.280+38%
Eps--0.9740.858+14%0.821+19%0.784+24%0.680+43%
Free Cash Flow Per Share--4.7031.065+342%1.721+173%1.399+236%0.390+1107%
Free Cash Flow To Equity Per Share--6.8522.365+190%2.117+224%1.726+297%0.825+730%
Gross Profit Margin--1.0001.0000%0.965+4%0.993+1%0.997+0%
Intrinsic Value_10Y_max--84.397--------
Intrinsic Value_10Y_min---371.521--------
Intrinsic Value_1Y_max--2.561--------
Intrinsic Value_1Y_min---5.138--------
Intrinsic Value_3Y_max--12.187--------
Intrinsic Value_3Y_min---43.325--------
Intrinsic Value_5Y_max--27.232--------
Intrinsic Value_5Y_min---111.780--------
Market Cap2720865720.000-5%2856910071.9602598812967.490+10%2655738615.000+8%2839493588.998+1%2902594490.749-2%
Net Profit Margin--0.3240.304+6%0.317+2%0.323+0%0.326-1%
Operating Margin---0.413-100%1.175-100%0.928-100%0.995-100%
Operating Ratio----0%-0%0.095-100%0.153-100%
Pb Ratio0.655-5%0.6870.514+34%0.711-3%0.799-14%1.108-38%
Pe Ratio7.242-5%7.6047.880-4%8.474-10%9.486-20%11.482-34%
Price Per Share28.200-5%29.61026.935+10%27.525+8%29.430+1%30.084-2%
Price To Free Cash Flow Ratio1.499-5%1.5743.621-57%1.343+17%0.574+174%-0.740+147%
Price To Total Gains Ratio16.377-5%17.19510.433+65%36.321-53%19.739-13%32.491-47%
Quick Ratio---0.028-100%1.831-100%0.916-100%0.991-100%
Return On Assets--0.0020.002+9%0.002+4%0.0020%0.002-3%
Return On Equity--0.0230.021+6%0.023-1%0.023-3%0.025-10%
Total Gains Per Share--1.7221.120+54%1.033+67%1.052+64%0.929+85%
Usd Book Value--3059721893.1008582332864.175-64%2755334552.725+11%3695343286.745-17%2646780407.940+16%
Usd Book Value Change Per Share--0.9830.541+82%0.501+96%0.525+87%0.478+106%
Usd Book Value Per Share--31.71288.950-64%28.557+11%38.300-17%27.432+16%
Usd Dividend Per Share--0.2840.284+0%0.260+9%0.249+14%0.206+38%
Usd Eps--0.7170.631+14%0.605+19%0.577+24%0.500+43%
Usd Free Cash Flow--334110114.70075629238.575+342%122259485.725+173%99388277.420+236%27677498.593+1107%
Usd Free Cash Flow Per Share--3.4630.784+342%1.267+173%1.030+236%0.287+1107%
Usd Free Cash Flow To Equity Per Share--5.0451.741+190%1.559+224%1.271+297%0.608+730%
Usd Market Cap2003373429.636-5%2103542885.9841913505987.963+10%1955420342.225+8%2090719129.579+1%2137180323.538-2%
Usd Price Per Share20.764-5%21.80219.832+10%20.267+8%21.669+1%22.150-2%
Usd Profit--69162131.60063359167.225+9%63238598.100+9%59852133.510+16%50947486.978+36%
Usd Revenue--213520373.300207944741.550+3%199390408.150+7%185600797.675+15%156712600.993+36%
Usd Total Gains Per Share--1.2680.825+54%0.761+67%0.774+64%0.684+85%
 EOD+4 -4MRQTTM+24 -10YOY+28 -75Y+23 -1310Y+24 -12

3.2. Fundamental Score

Let's check the fundamental score of Canadian Western Bank based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-157.242
Price to Book Ratio (EOD)Between0-10.655
Net Profit Margin (MRQ)Greater than00.324
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.903
Debt to Equity Ratio (MRQ)Less than19.274
Return on Equity (MRQ)Greater than0.150.023
Return on Assets (MRQ)Greater than0.050.002
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Canadian Western Bank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.793
Ma 20Greater thanMa 5028.116
Ma 50Greater thanMa 10028.584
Ma 100Greater thanMa 20028.947
OpenGreater thanClose27.840
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2024-01-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets42,694,873
Total Liabilities38,539,336
Total Stockholder Equity4,155,537
 As reported
Total Liabilities 38,539,336
Total Stockholder Equity+ 4,155,537
Total Assets = 42,694,873

Assets

Total Assets42,694,873
Total Current Assets0
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 228,842
Short-term Investments 4,571,499
Total Current Assets  (as reported)0
Total Current Assets  (calculated)4,800,341
+/- 4,800,341
Long-term Assets
Property Plant Equipment 147,816
Goodwill 138,701
Long Term Investments 4,611,793
Intangible Assets 240,573
Long-term Assets  (as reported)0
Long-term Assets  (calculated)5,138,883
+/- 5,138,883

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity4,155,537
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)0
+/-0
Total Stockholder Equity
Retained Earnings 2,570,852
Total Stockholder Equity (as reported)4,155,537
Total Stockholder Equity (calculated)2,570,852
+/- 1,584,685
Other
Capital Stock1,259,608
Common Stock Shares Outstanding 96,485
Net Debt 6,908,692
Net Invested Capital 11,043,071



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2024-01-312023-10-312023-07-312023-04-302023-01-312022-10-312022-07-312022-04-302022-01-312021-10-312021-07-312021-04-302021-01-312020-10-312020-07-312020-04-302020-01-312019-10-312019-07-312019-04-302019-01-312018-10-312018-07-312018-04-302018-01-312017-10-312017-07-312017-04-302017-01-312016-10-312016-07-312016-04-302016-01-312015-10-312015-07-312015-04-302015-01-312014-10-312014-07-312014-04-302014-01-312013-10-312013-07-312013-04-302013-01-312012-10-312012-07-312012-04-302012-01-312011-10-312011-07-312011-04-302011-01-312010-10-312010-07-312010-04-302010-01-312009-10-312009-07-312009-04-302009-01-312008-10-312008-07-312008-04-302008-01-312007-10-312007-07-312007-04-302007-01-312006-10-312006-07-312006-04-302006-01-312005-10-312005-07-312005-04-302005-01-312004-10-312004-07-312004-04-302004-01-312003-10-312003-07-312003-04-302003-01-312002-10-312002-07-312002-04-302002-01-312001-10-312001-07-312001-04-302001-01-312000-10-312000-07-312000-04-302000-01-311999-10-311999-07-311999-04-301999-01-311998-10-311998-07-311998-04-301998-01-311997-10-311997-07-311997-04-301997-01-31
> Total Assets 
1,762,100
1,840,939
1,941,995
2,023,000
2,090,485
2,209,663
2,312,150
2,382,789
2,335,309
2,465,342
2,575,518
2,699,171
2,672,102
2,802,585
2,949,038
3,055,603
3,122,852
3,192,069
3,358,877
3,439,568
3,456,543
3,553,751
3,670,786
3,828,162
3,926,618
4,070,598
4,136,602
4,343,972
4,407,478
4,491,640
4,766,349
4,918,895
5,102,409
5,268,360
5,418,631
5,705,028
6,051,375
6,481,559
6,870,210
7,268,360
7,590,459
8,009,972
8,881,114
9,525,040
9,864,640
10,038,214
10,056,644
10,600,732
10,907,072
11,450,625
11,331,377
11,635,872
11,641,634
12,004,281
12,110,173
12,701,691
12,946,217
13,600,180
13,996,807
14,772,035
15,378,823
15,608,200
15,927,788
16,768,025
17,056,210
17,674,038
17,820,755
18,414,198
19,134,287
19,625,293
20,521,976
20,607,590
21,263,837
21,520,321
22,253,113
22,837,535
23,472,237
24,236,543
25,185,019
25,221,776
24,814,264
24,616,463
25,343,455
26,444,656
27,911,819
28,131,441
28,167,441
29,018,712
29,346,074
30,052,388
30,929,182
31,422,363
31,570,535
32,957,038
33,221,564
33,937,003
35,300,936
35,917,565
36,649,461
37,323,176
37,684,907
38,927,826
40,403,938
41,440,143
41,711,554
42,227,843
42,561,599
42,320,103
42,694,873
42,694,87342,320,10342,561,59942,227,84341,711,55441,440,14340,403,93838,927,82637,684,90737,323,17636,649,46135,917,56535,300,93633,937,00333,221,56432,957,03831,570,53531,422,36330,929,18230,052,38829,346,07429,018,71228,167,44128,131,44127,911,81926,444,65625,343,45524,616,46324,814,26425,221,77625,185,01924,236,54323,472,23722,837,53522,253,11321,520,32121,263,83720,607,59020,521,97619,625,29319,134,28718,414,19817,820,75517,674,03817,056,21016,768,02515,927,78815,608,20015,378,82314,772,03513,996,80713,600,18012,946,21712,701,69112,110,17312,004,28111,641,63411,635,87211,331,37711,450,62510,907,07210,600,73210,056,64410,038,2149,864,6409,525,0408,881,1148,009,9727,590,4597,268,3606,870,2106,481,5596,051,3755,705,0285,418,6315,268,3605,102,4094,918,8954,766,3494,491,6404,407,4784,343,9724,136,6024,070,5983,926,6183,828,1623,670,7863,553,7513,456,5433,439,5683,358,8773,192,0693,122,8523,055,6032,949,0382,802,5852,672,1022,699,1712,575,5182,465,3422,335,3092,382,7892,312,1502,209,6632,090,4852,023,0001,941,9951,840,9391,762,100
   > Total Current Assets 
44,600
49,660
81,970
2,011,800
88,118
150,400
138,565
2,367,413
111,815
141,712
156,795
2,683,933
123,992
147,420
209,015
3,040,580
222,230
226,079
245,382
247,746
146,421
200,334
229,137
204,043
179,030
157,153
186,801
297,187
239,608
171,281
233,650
265,881
246,742
163,063
122,769
231,200
257,661
328,114
402,823
989,217
320,416
304,101
324,002
1,320,816
485,063
513,689
433,785
1,024,939
462,578
572,052
422,826
753,111
294,166
204,681
208,140
975,796
327,353
268,828
203,957
1,072,379
228,964
259,500
276,872
1,530,823
207,525
161,440
97,739
1,581,163
383,278
396,499
466,543
934,426
96,657
171,978
544,908
698,181
434,800
196,112
593,253
1,595,880
450,703
805,746
196,659
806,810
391,809
231,890
139,381
806,739
251,201
462,996
427,320
1,790,311
378,050
414,768
288,677
1,313,022
421,501
254,812
105,002
489,036
98,433
99,878
187,369
2,559,853
97,312
176,461
602,865
0
0
00602,865176,46197,3122,559,853187,36999,87898,433489,036105,002254,812421,5011,313,022288,677414,768378,0501,790,311427,320462,996251,201806,739139,381231,890391,809806,810196,659805,746450,7031,595,880593,253196,112434,800698,181544,908171,97896,657934,426466,543396,499383,2781,581,16397,739161,440207,5251,530,823276,872259,500228,9641,072,379203,957268,828327,353975,796208,140204,681294,166753,111422,826572,052462,5781,024,939433,785513,689485,0631,320,816324,002304,101320,416989,217402,823328,114257,661231,200122,769163,063246,742265,881233,650171,281239,608297,187186,801157,153179,030204,043229,137200,334146,421247,746245,382226,079222,2303,040,580209,015147,420123,9922,683,933156,795141,712111,8152,367,413138,565150,40088,1182,011,80081,97049,66044,600
       Cash And Cash Equivalents 
44,600
49,660
81,970
129,100
88,118
150,400
138,565
159,352
111,815
141,712
156,795
170,428
123,992
147,420
209,015
214,935
222,230
226,079
245,382
232,808
146,421
200,334
229,137
187,877
179,030
157,153
186,801
281,872
239,608
171,281
233,650
232,726
246,742
163,063
122,769
231,200
257,661
328,114
402,823
438,294
320,416
304,101
324,002
412,690
485,063
513,689
433,785
492,173
462,578
572,052
422,826
297,104
294,166
204,681
208,140
187,944
327,353
268,828
203,957
312,335
228,964
259,500
276,872
236,983
207,525
161,440
97,739
347,995
383,278
396,499
466,543
508,414
96,657
171,978
544,908
443,422
434,800
196,112
593,253
920,056
450,703
805,746
196,659
521,796
391,809
231,890
139,381
153,221
251,201
462,996
427,320
415,842
378,050
414,768
288,677
368,319
421,501
254,812
105,002
128,459
98,433
99,878
187,369
115,979
97,312
176,461
61,742
215,809
228,842
228,842215,80961,742176,46197,312115,979187,36999,87898,433128,459105,002254,812421,501368,319288,677414,768378,050415,842427,320462,996251,201153,221139,381231,890391,809521,796196,659805,746450,703920,056593,253196,112434,800443,422544,908171,97896,657508,414466,543396,499383,278347,99597,739161,440207,525236,983276,872259,500228,964312,335203,957268,828327,353187,944208,140204,681294,166297,104422,826572,052462,578492,173433,785513,689485,063412,690324,002304,101320,416438,294402,823328,114257,661231,200122,769163,063246,742232,726233,650171,281239,608281,872186,801157,153179,030187,877229,137200,334146,421232,808245,382226,079222,230214,935209,015147,420123,992170,428156,795141,712111,815159,352138,565150,40088,118129,10081,97049,66044,600
       Short-term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
518,204
0
0
0
865,331
0
0
0
485,262
0
0
0
391,808
0
0
0
687,798
0
0
0
681,661
0
0
0
1,209,342
0
0
0
1,158,101
0
0
0
339,578
0
0
0
167,453
0
0
0
557,898
403,925
722,075
137,633
142,826
320,394
244,733
48,534
452,884
223,476
483,571
26,283
1,225,448
250,660
0
0
792,788
0
0
0
171,389
0
0
0
2,087,274
0
0
3,814,190
2,426,658
4,571,499
4,571,4992,426,6583,814,190002,087,274000171,389000792,78800250,6601,225,44826,283483,571223,476452,88448,534244,733320,394142,826137,633722,075403,925557,898000167,453000339,5780001,158,1010001,209,342000681,661000687,798000391,808000485,262000865,331000518,204000000000000000000000000000000000000000
       Net Receivables 
0
0
0
9,200
0
0
0
10,184
0
0
0
10,827
0
0
0
13,256
0
0
0
14,938
0
0
0
16,166
0
0
0
15,315
0
0
0
33,155
0
0
0
0
0
0
0
32,719
0
0
0
42,795
0
0
0
47,504
0
0
0
64,199
0
0
0
100,054
0
0
0
78,383
0
0
0
84,498
0
0
0
75,067
0
0
0
86,434
0
0
0
87,306
0
0
0
117,926
0
0
0
142,188
0
0
0
200,634
0
0
0
149,021
0
0
0
151,915
0
0
0
189,188
0
0
0
356,600
0
0
0
197,296
0
0197,296000356,600000189,188000151,915000149,021000200,634000142,188000117,92600087,30600086,43400075,06700084,49800078,383000100,05400064,19900047,50400042,79500032,719000000033,15500015,31500016,16600014,93800013,25600010,82700010,1840009,200000
       Other Current Assets 
0
0
0
1,873,500
0
0
0
2,197,877
0
0
0
2,502,678
0
0
0
2,812,389
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
102,465
0
0
0
132,554
0
0
0
104,134
0
0
0
93,325
0
0
0
88,264
0
0
0
189,091
0
0
0
0
0
00000189,09100088,26400093,325000104,134000132,554000102,46500000000000000000000000000000000000000000000000000000000000000000002,812,3890002,502,6780002,197,8770001,873,500000
   > Long-term Assets 
39,200
42,151
45,783
11,200
36,125
52,830
51,962
15,376
66,409
130,102
106,572
15,238
87,607
97,847
80,922
15,023
120,965
145,344
195,908
165,885
187,879
191,605
180,484
184,959
170,684
189,095
361,388
184,494
265,534
368,202
479,373
332,075
361,595
429,015
435,780
405,436
420,568
845,340
538,575
920,048
981,271
1,028,783
1,343,631
1,376,976
1,329,304
1,301,130
1,315,571
1,269,945
1,286,736
1,696,453
1,649,942
1,946,486
1,912,544
1,515,013
1,413,002
1,657,308
1,620,384
1,723,028
1,677,365
2,073,650
2,233,052
1,976,444
1,954,975
2,500,533
2,469,484
2,546,740
2,369,066
2,418,600
2,401,743
2,333,083
2,724,134
2,291,007
2,624,652
2,417,515
2,344,949
2,762,352
2,556,135
2,474,578
2,481,441
1,999,998
2,392,136
1,420,268
2,224,064
2,478,501
2,961,036
2,858,651
2,245,527
2,389,808
2,090,119
1,987,316
2,091,553
2,341,513
2,277,523
3,106,403
3,047,181
2,662,931
4,158,856
4,150,957
4,144,996
4,065,041
3,930,126
4,434,391
4,495,418
5,034,443
4,635,203
4,600,780
0
0
0
0004,600,7804,635,2035,034,4434,495,4184,434,3913,930,1264,065,0414,144,9964,150,9574,158,8562,662,9313,047,1813,106,4032,277,5232,341,5132,091,5531,987,3162,090,1192,389,8082,245,5272,858,6512,961,0362,478,5012,224,0641,420,2682,392,1361,999,9982,481,4412,474,5782,556,1352,762,3522,344,9492,417,5152,624,6522,291,0072,724,1342,333,0832,401,7432,418,6002,369,0662,546,7402,469,4842,500,5331,954,9751,976,4442,233,0522,073,6501,677,3651,723,0281,620,3841,657,3081,413,0021,515,0131,912,5441,946,4861,649,9421,696,4531,286,7361,269,9451,315,5711,301,1301,329,3041,376,9761,343,6311,028,783981,271920,048538,575845,340420,568405,436435,780429,015361,595332,075479,373368,202265,534184,494361,388189,095170,684184,959180,484191,605187,879165,885195,908145,344120,96515,02380,92297,84787,60715,238106,572130,10266,40915,37651,96252,83036,12511,20045,78342,15139,200
       Property Plant Equipment 
0
0
0
10,600
0
0
0
12,780
0
0
0
13,233
0
0
0
14,750
0
0
0
16,014
15,600
14,804
14,283
13,749
13,737
13,257
13,536
13,019
15,988
17,444
19,348
18,499
18,294
18,027
17,661
19,575
20,949
21,190
21,141
24,198
23,259
23,864
24,443
25,736
25,793
25,795
26,258
31,893
31,195
30,369
31,738
39,252
41,248
57,859
61,709
65,978
66,830
67,282
69,676
72,674
71,439
73,955
75,685
86,941
63,915
64,860
65,170
66,647
65,626
67,505
67,111
66,257
61,596
61,052
61,637
61,356
59,896
59,053
57,808
57,330
56,557
56,131
55,555
56,115
54,798
55,491
57,765
59,098
58,195
57,731
58,402
63,166
137,674
136,526
142,105
139,349
132,841
128,040
125,983
130,698
126,730
123,712
147,430
153,026
148,859
145,950
148,472
152,355
147,816
147,816152,355148,472145,950148,859153,026147,430123,712126,730130,698125,983128,040132,841139,349142,105136,526137,67463,16658,40257,73158,19559,09857,76555,49154,79856,11555,55556,13156,55757,33057,80859,05359,89661,35661,63761,05261,59666,25767,11167,50565,62666,64765,17064,86063,91586,94175,68573,95571,43972,67469,67667,28266,83065,97861,70957,85941,24839,25231,73830,36931,19531,89326,25825,79525,79325,73624,44323,86423,25924,19821,14121,19020,94919,57517,66118,02718,29418,49919,34817,44415,98813,01913,53613,25713,73713,74914,28314,80415,60016,01400014,75000013,23300012,78000010,600000
       Goodwill 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,933
0
0
0
6,933
0
0
0
6,933
0
9,360
9,360
9,360
9,360
37,191
37,438
37,723
37,852
37,852
37,852
37,852
45,691
45,536
45,536
45,536
45,536
45,536
49,424
49,424
50,408
50,408
50,408
50,408
43,475
43,475
43,825
43,781
45,619
84,488
84,488
84,762
85,669
85,669
85,669
85,669
85,353
85,084
85,168
85,168
85,168
85,280
85,392
85,392
85,557
85,557
138,150
138,256
138,256
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701
138,701138,701138,701138,701138,701138,701138,701138,701138,701138,701138,701138,701138,256138,256138,15085,55785,55785,39285,39285,28085,16885,16885,16885,08485,35385,66985,66985,66985,66984,76284,48884,48845,61943,78143,82543,47543,47550,40850,40850,40850,40849,42449,42445,53645,53645,53645,53645,53645,69137,85237,85237,85237,85237,72337,43837,1919,3609,3609,3609,36006,9330006,9330006,933000000000000000000000000000000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,101,009
1,129,334
1,933,496
2,186,987
2,669,962
2,564,875
1,946,785
2,084,752
1,785,436
1,679,715
1,781,728
2,026,193
1,880,301
2,705,669
2,552,466
2,673,073
3,668,455
3,663,361
3,659,158
3,581,676
3,441,078
3,947,024
3,984,141
4,518,795
4,127,073
4,090,997
3,828,031
3,908,806
4,611,793
4,611,7933,908,8063,828,0314,090,9974,127,0734,518,7953,984,1413,947,0243,441,0783,581,6763,659,1583,663,3613,668,4552,673,0732,552,4662,705,6691,880,3012,026,1931,781,7281,679,7151,785,4362,084,7521,946,7852,564,8752,669,9622,186,9871,933,4961,129,3342,101,00900000000000000000000000000000000000000000000000000000000000000000000000000000000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,224
0
0
0
2,681
0
0
0
2,155
0
7,089
6,801
6,465
6,152
45,618
44,677
43,420
42,027
40,553
38,988
37,420
36,131
34,535
33,245
31,956
50,608
53,141
66,894
70,197
72,767
76,375
80,698
85,137
86,415
91,539
98,575
106,103
115,467
143,580
148,941
149,312
148,901
149,134
149,344
149,730
150,923
153,201
155,809
160,790
161,320
164,590
166,031
173,748
173,991
178,651
214,460
220,708
219,304
220,855
221,154
227,845
223,617
224,954
225,146
223,921
220,570
225,132
233,832
241,195
240,573
240,573241,195233,832225,132220,570223,921225,146224,954223,617227,845221,154220,855219,304220,708214,460178,651173,991173,748166,031164,590161,320160,790155,809153,201150,923149,730149,344149,134148,901149,312148,941143,580115,467106,10398,57591,53986,41585,13780,69876,37572,76770,19766,89453,14150,60831,95633,24534,53536,13137,42038,98840,55342,02743,42044,67745,6186,1526,4656,8017,08902,1550002,6810003,224000000000000000000000000000000000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,208,723
2,128,384
2,401,244
2,185,723
3,196,865
2,891,546
3,065,768
4,080,956
3,822,616
3,716,180
3,672,051
3,612,009
0
0
0
0
0
0
0
0
000000003,612,0093,672,0513,716,1803,822,6164,080,9563,065,7682,891,5463,196,8652,185,7232,401,2442,128,3842,208,72300000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
1,645,500
1,719,992
1,818,040
1,894,500
1,959,954
2,074,243
2,171,683
2,237,715
2,179,588
2,311,021
2,419,828
2,539,169
2,499,294
2,622,982
2,762,457
2,860,408
2,922,810
2,955,334
3,114,908
3,187,306
3,198,442
3,289,214
3,400,396
3,550,075
3,641,226
3,774,743
3,832,080
4,027,741
4,076,528
4,150,779
4,414,952
4,551,306
4,680,649
4,834,910
4,973,661
5,247,038
5,577,227
5,995,433
6,369,351
6,748,830
7,054,458
7,461,061
8,315,227
8,929,547
9,240,671
9,391,999
9,393,243
9,921,584
10,202,469
10,514,872
10,365,145
10,649,373
10,620,992
10,927,170
10,992,058
11,553,648
11,735,993
12,302,480
12,658,027
13,478,469
14,082,189
14,280,417
14,499,698
15,303,044
15,549,772
16,133,067
16,257,652
16,808,771
17,485,316
18,132,740
18,869,268
18,914,063
19,531,741
19,771,313
20,356,902
20,926,628
21,532,200
22,119,134
22,877,764
22,879,736
22,451,606
22,208,399
22,930,688
23,983,611
25,428,910
25,609,858
25,602,249
26,432,960
26,567,666
27,201,990
28,025,960
28,476,553
28,578,803
29,846,263
30,087,903
30,605,465
31,927,791
32,390,352
33,176,944
33,789,291
34,075,432
35,291,790
36,676,371
37,707,167
37,839,590
7,741,915
38,605,622
38,293,436
38,539,336
38,539,33638,293,43638,605,6227,741,91537,839,59037,707,16736,676,37135,291,79034,075,43233,789,29133,176,94432,390,35231,927,79130,605,46530,087,90329,846,26328,578,80328,476,55328,025,96027,201,99026,567,66626,432,96025,602,24925,609,85825,428,91023,983,61122,930,68822,208,39922,451,60622,879,73622,877,76422,119,13421,532,20020,926,62820,356,90219,771,31319,531,74118,914,06318,869,26818,132,74017,485,31616,808,77116,257,65216,133,06715,549,77215,303,04414,499,69814,280,41714,082,18913,478,46912,658,02712,302,48011,735,99311,553,64810,992,05810,927,17010,620,99210,649,37310,365,14510,514,87210,202,4699,921,5849,393,2439,391,9999,240,6718,929,5478,315,2277,461,0617,054,4586,748,8306,369,3515,995,4335,577,2275,247,0384,973,6614,834,9104,680,6494,551,3064,414,9524,150,7794,076,5284,027,7413,832,0803,774,7433,641,2263,550,0753,400,3963,289,2143,198,4423,187,3063,114,9082,955,3342,922,8102,860,4082,762,4572,622,9822,499,2942,539,1692,419,8282,311,0212,179,5882,237,7152,171,6832,074,2431,959,9541,894,5001,818,0401,719,9921,645,500
   > Total Current Liabilities 
0
0
0
33,900
0
0
0
41,036
0
0
0
47,519
0
0
0
57,617
0
0
0
59,391
0
0
0
52,826
85,528
0
0
57,286
0
0
0
52,707
0
0
0
0
0
0
0
93,459
0
0
0
124,134
0
0
0
126,479
0
0
0
146,950
0
0
0
180,641
0
0
0
189,977
0
0
0
211,518
0
0
0
217,366
0
0
0
252,098
0
0
0
249,234
0
0
0
300,621
20,854,527
20,639,954
21,229,862
356,744
22,921,936
23,131,239
23,062,278
454,731
24,024,147
24,766,414
24,999,972
541,671
25,724,203
26,557,992
26,882,834
527,589
28,820,972
29,121,749
29,680,372
556,140
30,406,004
31,464,839
32,533,557
635,666
33,272,584
0
33,913,065
0
0
0033,913,065033,272,584635,66632,533,55731,464,83930,406,004556,14029,680,37229,121,74928,820,972527,58926,882,83426,557,99225,724,203541,67124,999,97224,766,41424,024,147454,73123,062,27823,131,23922,921,936356,74421,229,86220,639,95420,854,527300,621000249,234000252,098000217,366000211,518000189,977000180,641000146,950000126,479000124,13400093,459000000052,70700057,2860085,52852,82600059,39100057,61700047,51900041,03600033,900000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,355,773
1,279,240
1,621,367
400,603
2,138,189
2,232,456
2,258,895
574,517
0
0
0
576,621
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000576,621000574,5172,258,8952,232,4562,138,189400,6031,621,3671,279,2401,355,77300000000000000000000000000000000000000000000000000000000000000000000000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,355,773
1,279,240
1,621,367
400,603
2,138,189
2,232,456
2,258,895
574,517
0
0
0
576,621
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000576,621000574,5172,258,8952,232,4562,138,189400,6031,621,3671,279,2401,355,77300000000000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
0
0
0
33,900
0
0
0
41,036
0
0
0
47,519
0
0
0
57,617
0
0
0
59,391
0
0
0
52,826
85,528
0
0
57,286
0
0
0
52,707
0
0
0
0
0
0
0
93,459
0
0
0
124,134
0
0
0
126,479
0
0
0
146,950
0
0
0
180,641
0
0
0
189,977
0
0
0
211,518
0
0
0
217,366
0
0
0
252,098
0
0
0
249,234
0
0
0
300,621
20,683,360
20,473,739
20,880,279
356,744
22,812,435
22,828,859
22,821,967
454,731
23,910,243
24,718,173
24,822,600
541,671
25,640,876
26,147,086
26,495,412
527,589
28,635,312
29,067,025
29,605,018
556,140
30,302,691
31,298,278
32,386,014
635,666
33,113,849
0
33,672,195
737,711
0
0737,71133,672,195033,113,849635,66632,386,01431,298,27830,302,691556,14029,605,01829,067,02528,635,312527,58926,495,41226,147,08625,640,876541,67124,822,60024,718,17323,910,243454,73122,821,96722,828,85922,812,435356,74420,880,27920,473,73920,683,360300,621000249,234000252,098000217,366000211,518000189,977000180,641000146,950000126,479000124,13400093,459000000052,70700057,2860085,52852,82600059,39100057,61700047,51900041,03600033,900000
       Other Current Liabilities 
0
0
0
-33,900
0
0
0
-41,036
0
0
0
-47,519
0
0
0
-57,617
0
0
0
-59,391
0
0
0
-52,826
-85,528
0
0
-57,286
0
0
0
-52,707
0
0
0
0
0
0
0
-93,459
0
0
0
-124,134
0
0
0
-126,479
0
0
0
-146,950
0
0
0
-180,641
0
0
0
-189,977
0
0
0
-211,518
0
0
0
-217,366
0
0
0
-252,098
0
0
0
-249,234
0
0
0
-300,621
49,444
54,192
53,486
-356,744
54,756
74,230
42,390
-454,731
37,908
29,260
26,538
-541,671
23,813
41,484
26,424
-527,589
39,714
36,166
47,227
-556,140
62,916
71,253
55,582
-635,666
32,762
0
43,687
0
0
0043,687032,762-635,66655,58271,25362,916-556,14047,22736,16639,714-527,58926,42441,48423,813-541,67126,53829,26037,908-454,73142,39074,23054,756-356,74453,48654,19249,444-300,621000-249,234000-252,098000-217,366000-211,518000-189,977000-180,641000-146,950000-126,479000-124,134000-93,4590000000-52,707000-57,28600-85,528-52,826000-59,391000-57,617000-47,519000-41,036000-33,900000
   > Long-term Liabilities 
26,000
31,038
37,087
37,100
37,024
86,984
87,204
86,965
78,810
78,762
79,050
78,898
67,259
67,064
67,201
67,126
67,052
67,154
67,164
67,126
67,202
62,128
62,142
52,826
85,528
0
0
57,286
0
0
0
52,707
0
0
0
0
0
0
0
93,459
0
0
0
124,134
0
0
0
126,479
0
0
0
146,950
0
0
0
180,641
0
0
0
189,977
0
0
0
211,518
0
0
0
217,366
0
0
0
252,098
0
0
0
249,234
0
0
0
300,621
0
0
0
356,744
0
0
0
454,731
0
0
0
541,671
0
0
0
527,589
0
0
0
556,140
34,075,432
35,291,790
36,676,371
635,666
37,839,590
7,741,915
0
0
0
0007,741,91537,839,590635,66636,676,37135,291,79034,075,432556,140000527,589000541,671000454,731000356,744000300,621000249,234000252,098000217,366000211,518000189,977000180,641000146,950000126,479000124,13400093,459000000052,70700057,2860085,52852,82662,14262,12867,20267,12667,16467,15467,05267,12667,20167,06467,25978,89879,05078,76278,81086,96587,20486,98437,02437,10037,08731,03826,000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,887,541
2,398,548
2,412,293
2,243,891
2,463,598
2,439,984
2,424,323
2,572,638
2,587,326
2,849,182
3,015,065
3,041,667
3,135,870
3,430,921
3,461,899
3,808,247
3,846,915
3,851,081
0
0
003,851,0813,846,9153,808,2473,461,8993,430,9213,135,8703,041,6673,015,0652,849,1822,587,3262,572,6382,424,3232,439,9842,463,5982,243,8912,412,2932,398,5481,887,54100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
363,029
401,228
375,556
82,182
423,530
474,313
478,997
67,428
506,453
548,035
627,440
24,844
610,709
824,673
765,085
28,019
674,181
681,277
647,390
26,096
627,761
691,081
711,893
43,025
758,759
0
841,476
0
0
00841,4760758,75943,025711,893691,081627,76126,096647,390681,277674,18128,019765,085824,673610,70924,844627,440548,035506,45367,428478,997474,313423,53082,182375,556401,228363,02900000000000000000000000000000000000000000000000000000000000000000000000000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5,682
0
0
0
6,480
0
0
0
6,986
0
0
0
8,455
0
0
0
13,879
0
0
0
13,590
0
0
0
0
0
0000013,59000013,8790008,4550006,9860006,4800005,68200000000000000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
116,600
120,947
123,955
128,500
130,531
135,420
140,467
145,074
155,721
154,322
155,690
160,001
172,808
179,603
186,581
195,195
200,042
236,735
243,969
252,262
258,100
264,537
270,390
278,087
285,393
295,855
304,521
316,231
330,950
340,861
351,396
367,589
421,760
433,450
444,970
457,990
474,149
486,126
500,859
519,530
536,000
548,911
565,887
595,493
623,969
646,215
663,401
679,148
704,603
935,753
966,232
986,499
1,020,642
1,077,111
1,118,115
1,148,043
1,210,224
1,297,700
1,338,780
1,293,566
1,296,634
1,327,783
1,428,090
1,464,981
1,506,438
1,540,971
1,563,103
1,605,427
1,648,971
1,492,553
1,652,708
1,693,527
1,732,096
1,749,008
1,896,211
1,910,907
1,940,037
2,117,409
2,307,255
2,342,040
2,362,658
2,408,064
2,412,767
2,461,045
2,482,909
2,521,583
2,565,192
2,585,752
2,778,408
2,850,398
2,903,222
2,945,810
2,991,732
3,110,775
3,133,661
3,331,538
3,373,145
3,527,213
3,472,517
3,533,885
3,609,475
3,636,036
3,727,567
3,732,976
3,871,964
3,935,941
3,955,977
4,026,667
4,155,537
4,155,5374,026,6673,955,9773,935,9413,871,9643,732,9763,727,5673,636,0363,609,4753,533,8853,472,5173,527,2133,373,1453,331,5383,133,6613,110,7752,991,7322,945,8102,903,2222,850,3982,778,4082,585,7522,565,1922,521,5832,482,9092,461,0452,412,7672,408,0642,362,6582,342,0402,307,2552,117,4091,940,0371,910,9071,896,2111,749,0081,732,0961,693,5271,652,7081,492,5531,648,9711,605,4271,563,1031,540,9711,506,4381,464,9811,428,0901,327,7831,296,6341,293,5661,338,7801,297,7001,210,2241,148,0431,118,1151,077,1111,020,642986,499966,232935,753704,603679,148663,401646,215623,969595,493565,887548,911536,000519,530500,859486,126474,149457,990444,970433,450421,760367,589351,396340,861330,950316,231304,521295,855285,393278,087270,390264,537258,100252,262243,969236,735200,042195,195186,581179,603172,808160,001155,690154,322155,721145,074140,467135,420130,531128,500123,955120,947116,600
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
215,349
0
0
0
219,004
0
0
0
221,914
0
223,062
224,405
226,480
227,716
274,223
276,930
279,352
323,340
387,740
0
408,014
0
416,421
0
490,218
495,587
499,730
504,380
510,282
518,010
522,790
529,283
533,038
534,218
535,453
536,365
537,511
538,312
565,927
717,208
718,377
724,252
725,912
727,539
731,885
740,133
741,462
743,788
744,701
730,550
731,339
731,288
731,970
732,257
730,846
730,846
730,846
730,860
732,494
764,959
809,435
839,598
887,764
924,789
956,061
1,002,714
1,004,667
1,006,395
0
0
001,006,3951,004,6671,002,714956,061924,789887,764839,598809,435764,959732,494730,860730,846730,846730,846732,257731,970731,288731,339730,550744,701743,788741,462740,133731,885727,539725,912724,252718,377717,208565,927538,312537,511536,365535,453534,218533,038529,283522,790518,010510,282504,380499,730495,587490,2180416,4210408,0140387,740323,340279,352276,930274,223227,716226,480224,405223,0620221,914000219,004000215,349000000000000000000000000000000000000000
   Retained Earnings 
31,100
34,842
38,786
39,500
41,514
46,039
50,760
55,613
57,508
55,844
56,651
61,254
62,447
69,363
75,714
83,853
87,655
95,474
100,071
108,320
113,326
119,628
125,189
132,884
139,398
148,305
155,272
165,197
171,211
179,024
188,534
199,305
208,661
218,503
230,102
242,082
256,111
268,065
281,787
304,181
314,208
329,930
348,817
382,420
392,345
411,329
430,697
462,437
466,841
474,353
492,274
531,150
540,951
566,989
595,026
636,001
638,007
661,394
691,799
671,912
639,004
667,305
702,799
755,766
765,392
794,944
828,175
865,087
902,568
938,568
969,066
1,011,147
1,048,477
1,085,136
1,226,244
1,261,678
1,295,288
1,305,522
1,327,554
1,354,966
1,384,221
1,413,324
1,450,386
1,488,634
1,528,682
1,567,671
1,607,816
1,649,196
1,672,403
1,705,712
1,750,594
1,785,273
1,813,124
1,835,601
1,872,320
1,907,739
1,961,718
1,997,018
2,057,169
2,120,795
2,181,053
2,227,355
2,278,921
2,317,146
2,380,149
2,419,393
2,470,679
2,515,719
2,570,852
2,570,8522,515,7192,470,6792,419,3932,380,1492,317,1462,278,9212,227,3552,181,0532,120,7952,057,1691,997,0181,961,7181,907,7391,872,3201,835,6011,813,1241,785,2731,750,5941,705,7121,672,4031,649,1961,607,8161,567,6711,528,6821,488,6341,450,3861,413,3241,384,2211,354,9661,327,5541,305,5221,295,2881,261,6781,226,2441,085,1361,048,4771,011,147969,066938,568902,568865,087828,175794,944765,392755,766702,799667,305639,004671,912691,799661,394638,007636,001595,026566,989540,951531,150492,274474,353466,841462,437430,697411,329392,345382,420348,817329,930314,208304,181281,787268,065256,111242,082230,102218,503208,661199,305188,534179,024171,211165,197155,272148,305139,398132,884125,189119,628113,326108,320100,07195,47487,65583,85375,71469,36362,44761,25456,65155,84457,50855,61350,76046,03941,51439,50038,78634,84231,100
   Capital Surplus 0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
85,500
86,105
85,169
89,000
89,016
89,381
89,707
89,461
98,213
98,478
99,039
98,748
110,360
110,240
110,867
111,342
112,386
141,261
143,898
143,942
144,774
144,910
145,201
145,203
145,967
147,473
149,127
150,782
159,309
161,232
162,026
168,284
213,099
214,947
212,606
213,098
218,037
218,061
219,072
0
224,047
224,455
226,678
0
230,663
232,289
234,012
0
237,769
18,060
18,708
0
20,442
20,630
21,225
0
21,089
20,795
424,778
0
412,120
34,307
483,266
0
22,943
24,026
24,611
24,632
24,248
25,278
24,048
25,339
26,389
27,399
28,331
29,210
29,927
30,014
30,623
31,276
26,932
26,878
27,325
24,979
23,819
23,743
23,642
23,937
24,351
24,664
24,602
24,309
24,470
24,893
25,341
200,749
201,122
351,373
351,650
351,016
351,105
351,528
351,985
352,466
352,854
353,065
228,903
0
0
00228,903353,065352,854352,466351,985351,528351,105351,016351,650351,373201,122200,74925,34124,89324,47024,30924,60224,66424,35123,93723,64223,74323,81924,97927,32526,87826,93231,27630,62330,01429,92729,21028,33127,39926,38925,33924,04825,27824,24824,63224,61124,02622,9430483,26634,307412,1200424,77820,79521,089021,22520,63020,442018,70818,060237,7690234,012232,289230,6630226,678224,455224,0470219,072218,061218,037213,098212,606214,947213,099168,284162,026161,232159,309150,782149,127147,473145,967145,203145,201144,910144,774143,942143,898141,261112,386111,342110,867110,240110,36098,74899,03998,47898,21389,46189,70789,38189,01689,00085,16986,10585,500



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-10-31)

Gross Profit (+$)
totalRevenue1,112,574
Cost of Revenue-0
Gross Profit01,112,574
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative404,046
Selling And Marketing Expenses0
Operating Expense0404,046
 
Net Interest Income (+$)
Interest Income2,365,472
Interest Expense-1,384,195
Other Finance Cost-0
Net Interest Income981,277
 
Pretax Income (+$)
Operating Income0
Net Interest Income981,277
Other Non-Operating Income Expenses0
Income Before Tax (EBT)474,6500
EBIT - interestExpense = -1,384,195
350,649
1,734,844
Interest Expense1,384,195
Earnings Before Interest and Taxes (EBIT)01,858,845
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax474,650
Tax Provision-124,001
Net Income From Continuing Ops350,649350,649
Net Income350,649
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net0-981,277
 

Technical Analysis of Canadian Western Bank
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Canadian Western Bank. The general trend of Canadian Western Bank is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Canadian Western Bank's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Canadian Western Bank.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 28.96 < 29.20 < 29.31.

The bearish price targets are: 27.26 > 27.01 > 26.94.

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Canadian Western Bank Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Canadian Western Bank. The current mas is .

The long score for the Moving Averages is 7/14.
The longshort score for the Moving Averages is 0/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Canadian Western Bank Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Canadian Western Bank. The current macd is -0.18534901.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Canadian Western Bank price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Canadian Western Bank. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Canadian Western Bank price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Canadian Western Bank Daily Moving Average Convergence/Divergence (MACD) ChartCanadian Western Bank Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Canadian Western Bank. The current adx is 27.41.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -3/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Canadian Western Bank shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bearish trend. The ADX is declining, the bearish trend is weakening. Could be a potential reversal to the upside. -2
Canadian Western Bank Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Canadian Western Bank. The current sar is 28.43.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Canadian Western Bank Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Canadian Western Bank. The current rsi is 49.79. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Canadian Western Bank Daily Relative Strength Index (RSI) ChartCanadian Western Bank Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Canadian Western Bank. The current phase is Correction in bear market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Canadian Western Bank price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Canadian Western Bank Daily Stochastic Oscillator ChartCanadian Western Bank Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Canadian Western Bank. The current cci is -5.86730254.

Canadian Western Bank Daily Commodity Channel Index (CCI) ChartCanadian Western Bank Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Canadian Western Bank. The current cmo is 6.32716347.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Canadian Western Bank Daily Chande Momentum Oscillator (CMO) ChartCanadian Western Bank Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Canadian Western Bank. The current willr is -25.1572327.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Canadian Western Bank is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Canadian Western Bank Daily Williams %R ChartCanadian Western Bank Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Canadian Western Bank.

Canadian Western Bank Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Canadian Western Bank. The current atr is 0.49810637.

Canadian Western Bank Daily Average True Range (ATR) ChartCanadian Western Bank Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Canadian Western Bank. The current obv is -14,645,936.

Canadian Western Bank Daily On-Balance Volume (OBV) ChartCanadian Western Bank Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Canadian Western Bank. The current mfi is 34.45.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Canadian Western Bank Daily Money Flow Index (MFI) ChartCanadian Western Bank Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Canadian Western Bank.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-11RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-03CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-08STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-09STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-20CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

Canadian Western Bank Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Canadian Western Bank based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5049.793
Ma 20Greater thanMa 5028.116
Ma 50Greater thanMa 10028.584
Ma 100Greater thanMa 20028.947
OpenGreater thanClose27.840
Total1/5 (20.0%)
Penke

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