XTSECWB.PR.B
Market cap3.96bUSD
Dec 24, Last price
17.60CAD
Name
Canadian Western Bank
Profile
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards. In addition, the company offers cash management services; life and disability insurance products; and ATM, mobile, and online banking services, as well cheque order services. Further, it provides investment products comprising guaranteed investment certificates, registered retirement income funds, tax-free savings accounts, registered education savings plans, and mutual funds, as well as personal and business planning services. Canadian Western Bank was founded in 1984 and is headquartered in Edmonton, Canada.
Valuation
Title CAD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑10 | 2023‑10 | 2022‑10 | 2021‑10 | 2020‑10 | 2019‑10 | 2018‑10 | 2017‑10 | 2016‑10 | 2015‑10 | |
Income | ||||||||||
Revenues | 1,183,884 6.41% | 1,112,574 3.37% | 1,076,287 5.93% | |||||||
Cost of revenue | 386,943 | 404,046 | 364,225 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 796,941 | 708,528 | 712,062 | |||||||
NOPBT Margin | 67.32% | 63.68% | 66.16% | |||||||
Operating Taxes | 104,268 | 124,001 | 111,617 | |||||||
Tax Rate | 13.08% | 17.50% | 15.68% | |||||||
NOPAT | 692,673 | 584,527 | 600,445 | |||||||
Net income | 296,454 -15.46% | 350,649 4.08% | 336,896 -5.62% | |||||||
Dividends | (156,059) | (144,839) | (132,834) | |||||||
Dividend yield | 2.81% | 5.49% | 6.13% | |||||||
Proceeds from repurchase of equity | 44,253 | (3,028,955) | ||||||||
BB yield | -1.68% | 139.69% | ||||||||
Debt | ||||||||||
Debt current | 247,354 | |||||||||
Long-term debt | 7,653,255 | 7,422,364 | 8,161,781 | |||||||
Deferred revenue | 2,587 | 2,599 | 3,467 | |||||||
Other long-term liabilities | (7,508,101) | 30,612,203 | (7,437,354) | |||||||
Net debt | 744,183 | 3,447,034 | 1,687,087 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 684,983 | (541,426) | 1,192,067 | |||||||
CAPEX | (132,089) | (78,781) | (99,252) | |||||||
Cash from investing activities | (499,182) | 481,427 | (1,184,318) | |||||||
Cash from financing activities | (173,426) | 350,720 | (8,795) | |||||||
FCF | 277,404 | 914,783 | 921,833 | |||||||
Balance | ||||||||||
Cash | 2,401,306 | 66,524 | 2,203,253 | |||||||
Long term investments | 4,507,766 | 3,908,806 | 4,518,795 | |||||||
Excess cash | 6,849,878 | 3,919,701 | 6,668,234 | |||||||
Stockholders' equity | 4,006,526 | 4,026,667 | 3,380,510 | |||||||
Invested Capital | 39,120,320 | 37,964,064 | 37,660,754 | |||||||
ROIC | 1.80% | 1.55% | 1.67% | |||||||
ROCE | 1.85% | 1.69% | 1.73% | |||||||
EV | ||||||||||
Common stock shares outstanding | 97,053 | 96,061 | 91,490 | |||||||
Price | 57.25 108.33% | 27.48 15.95% | 23.70 -40.14% | |||||||
Market cap | 5,556,284 110.48% | 2,639,767 21.74% | 2,168,311 -37.65% | |||||||
EV | 6,550,467 | 6,336,801 | 4,105,398 | |||||||
EBITDA | 867,974 | 770,706 | 792,910 | |||||||
EV/EBITDA | 7.55 | 8.22 | 5.18 | |||||||
Interest | 1,608,363 | 1,384,195 | 621,929 | |||||||
Interest/NOPBT | 201.82% | 195.36% | 87.34% |