Report
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  • Sohail Ahmer

DBRS Morningstar: Canadian Western Bank Reports Higher Q1 2020 Earnings Despite Marginal Loan Growth and Higher Impairments

Canadian Western Bank (CWB or the Bank) reported Q1 2020 net income of $77.6 million, a 6% increase from the linked quarter.
Underlyings
Canadian Western Bank

Canadian Western Bank

Canadian Western Bank

CANADIAN WESTERN Bank PR B Pfd.

CANADIAN WESTERN BANK PR C Pfd.

Provider
DBRS Morningstar
DBRS Morningstar

DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.

Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.

Analysts
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Sohail Ahmer

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