Closing Bell: CDN Western Bank down on Friday (CWB)

CDN Western Bank opened trading today at $47.00 and closed at $46.45. prices ranged from $46.45 to $47.19.

Shares eased -2.07% from the previous day's close of $47.43.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

CDN Western Bank has listed on the Toronto Stock Exchange (TSX) under the ticker CWB.

A total of 275,415 shares was traded during the session, with total trades of 1,489. On average, CDN Western Bank has traded 301,660 shares over the last 5-days and 375,096 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 unchanged.

During the prior 52 weeks, CWB.TO has traded as high as $48.37 (July 31,2024) and low as $24.66 (June 03,2024). Moreover, in the last 52 weeks, CDN Western Bank's shares have boosted 77.97%, while this year, they have jumped 50.47%.

It announced a 0.35 dividend on May 31/24, with an June 06/24 ex-date and June 20/24 pay day.

Following today's trading, CDN Western Bank has a market capitalization of $4.48 billion on a float of 96,545 shares outstanding. Its annual EPS is $3.36.

CDN Western Bank is a TSX Banks company headquartered in Edmonton, CAN.

CDN Western Bank's average recommendation is "Moderate Buy" based on 10.00 analysts according to Zacks. Currently, there are 7 buy ratings and 3 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..