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Canadian Western Bank (CWB) Competitors

C$25.33
-1.11 (-4.20%)
(As of 05/31/2024 08:52 PM ET)

CWB vs. EQB, CWB.PD, LB, VBNK, IAG, IGM, ONEX, DFY, ELF, and GSY

Should you be buying Canadian Western Bank stock or one of its competitors? The main competitors of Canadian Western Bank include EQB (EQB), Canadian Western Bank (CWB.PD), Laurentian Bank of Canada (LB), VersaBank (VBNK), iA Financial (IAG), IGM Financial (IGM), Onex (ONEX), Definity Financial (DFY), E-L Financial (ELF), and goeasy (GSY).

Canadian Western Bank vs.

EQB (TSE:EQB) and Canadian Western Bank (TSE:CWB) are both mid-cap financial services companies, but which is the better investment? We will compare the two companies based on the strength of their risk, community ranking, institutional ownership, profitability, earnings, dividends, media sentiment, valuation and analyst recommendations.

EQB pays an annual dividend of C$1.68 per share and has a dividend yield of 1.9%. Canadian Western Bank pays an annual dividend of C$1.34 per share and has a dividend yield of 5.3%. EQB pays out 18.0% of its earnings in the form of a dividend. Canadian Western Bank pays out 40.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Canadian Western Bank received 104 more outperform votes than EQB when rated by MarketBeat users. However, 60.96% of users gave EQB an outperform vote while only 51.47% of users gave Canadian Western Bank an outperform vote.

CompanyUnderperformOutperform
EQBOutperform Votes
370
60.96%
Underperform Votes
237
39.04%
Canadian Western BankOutperform Votes
474
51.47%
Underperform Votes
447
48.53%

23.5% of EQB shares are held by institutional investors. Comparatively, 31.8% of Canadian Western Bank shares are held by institutional investors. 29.1% of EQB shares are held by company insiders. Comparatively, 0.3% of Canadian Western Bank shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

In the previous week, EQB had 34 more articles in the media than Canadian Western Bank. MarketBeat recorded 39 mentions for EQB and 5 mentions for Canadian Western Bank. EQB's average media sentiment score of 0.28 beat Canadian Western Bank's score of 0.14 indicating that Canadian Western Bank is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
EQB
8 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Western Bank
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

EQB has higher revenue and earnings than Canadian Western Bank. Canadian Western Bank is trading at a lower price-to-earnings ratio than EQB, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EQBC$1.12B2.99C$437.51MC$9.319.41
Canadian Western BankC$1.08B2.26C$317.87MC$3.307.68

EQB currently has a consensus target price of C$104.44, suggesting a potential upside of 19.20%. Canadian Western Bank has a consensus target price of C$33.55, suggesting a potential upside of 32.43%. Given EQB's stronger consensus rating and higher possible upside, analysts plainly believe Canadian Western Bank is more favorable than EQB.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EQB
1 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.70
Canadian Western Bank
0 Sell rating(s)
2 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.83

EQB has a net margin of 39.67% compared to EQB's net margin of 31.97%. Canadian Western Bank's return on equity of 14.70% beat EQB's return on equity.

Company Net Margins Return on Equity Return on Assets
EQB39.67% 14.70% 0.76%
Canadian Western Bank 31.97%8.58%0.82%

EQB has a beta of 1.63, meaning that its stock price is 63% more volatile than the S&P 500. Comparatively, Canadian Western Bank has a beta of 1.54, meaning that its stock price is 54% more volatile than the S&P 500.

Summary

EQB beats Canadian Western Bank on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CWB and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CWB vs. The Competition

MetricCanadian Western BankBanks IndustryFinancial SectorTSE Exchange
Market CapC$2.45BC$4.83BC$2.94BC$3.97B
Dividend Yield4.94%4.47%4.66%7.12%
P/E Ratio7.6840.61481.9325.25
Price / Sales2.2648.752,440.142,048.79
Price / Cash10.201.6648.0172.85
Price / Book0.630.582.243.48
Net IncomeC$317.87MC$2.26BC$378.48MC$257.67M
7 Day Performance-6.98%-1.10%0.35%-0.50%
1 Month Performance-6.19%0.32%1.73%1.63%
1 Year Performance-0.51%39.60%15.25%18.10%

Canadian Western Bank Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EQB
EQB
3.4851 of 5 stars
C$87.62
-2.1%
C$104.44
+19.2%
+29.5%C$3.35BC$1.12B9.411,800Dividend Increase
Analyst Forecast
Analyst Revision
CWB.PD
Canadian Western Bank
0 of 5 stars
C$25.75
+0.2%
N/A+8.2%C$2.29BC$1.08B6.792,289High Trading Volume
LB
Laurentian Bank of Canada
2.249 of 5 stars
C$24.95
-6.5%
C$29.01
+16.3%
-22.8%C$1.09BC$960.71M7.033,000Dividend Announcement
Gap Down
High Trading Volume
VBNK
VersaBank
0 of 5 stars
C$13.25
-1.4%
N/A+39.9%C$343.97MC$111.47M7.75119Upcoming Earnings
Gap Down
IAG
iA Financial
1.2146 of 5 stars
C$88.74
+0.4%
C$89.72
+1.1%
-0.5%C$8.73BC$8.11B12.265,222High Trading Volume
IGM
IGM Financial
1.8942 of 5 stars
C$36.41
+1.2%
C$44.00
+20.8%
-8.3%C$8.64BC$3.58B11.273,300Positive News
High Trading Volume
ONEX
Onex
1.1721 of 5 stars
C$96.62
+1.5%
C$113.00
+17.0%
+56.5%C$7.42BC$1.12B7.35492High Trading Volume
DFY
Definity Financial
2.8576 of 5 stars
C$43.23
+2.2%
C$48.95
+13.2%
+17.1%C$4.98BC$3.96B14.273,442Positive News
ELF
E-L Financial
0 of 5 stars
C$1,150.00
+1.6%
N/A+28.5%C$3.98BC$3.07B3.662,018
GSY
goeasy
3.2156 of 5 stars
C$182.54
+1.4%
C$208.80
+14.4%
+67.1%C$3.05BC$766.61M12.282,404

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This page (TSE:CWB) was last updated on 6/3/2024 by MarketBeat.com Staff

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