September 26, 2024 National Bank receives Competition Bureau clearance for acquisition of Canadian Western Bank National Bank of Canada (“National Bank”) (TSX: NA) and Canadian Western Bank (“CWB”) (TSX: CWB) today announced that National Bank received the Competition Bureau’s clearance for National Bank’s previously announced proposed acquisition of CWB. The proposed transaction also requires approval by the...
September 3, 2024 CWB Common Shareholders Approve Transaction with National Bank of Canada Canadian Western Bank (TSX: CWB) (“CWB”) is pleased to announce the voting results from its special meeting of common shareholders (“CWB Shareholders”) conducted today (the “Meeting”) in connection with National Bank of Canada’s (“NBC”) proposal to acquire all of the issued and outstanding CWB...
August 30, 2024 CWB reports third quarter 2024 performance CWB Financial Group (TSX: CWB) (CWB) announced financial performance for the three and nine months ended July 31, 2024, with quarterly common shareholders’ net income of $41 million, diluted earnings per common share (EPS) of $0.43, and adjusted EPS(1) of $0.60. “Our teams delivered strong pre-tax,...
June 11, 2024 National Bank to accelerate domestic growth with the acquisition of Canadian Western Bank National Bank of Canada (“National Bank”) (TSX: NA) and Canadian Western Bank (“CWB”) (TSX: CWB) today announced they have entered into a definitive agreement (the “Agreement”) for National Bank to acquire CWB, a diversified financial services institution based in Edmonton, Alberta. The transaction...
May 31, 2024 CWB reports second quarter 2024 performance CWB Financial Group (TSX: CWB) (CWB) announced financial performance for the three and six months ended April 30, 2024, with quarterly common shareholders’ net income of $76 million and adjusted earnings per common share(1) (EPS) of $0.81 both up 9% from the prior year. Pre-tax, pre-provision...