CWB Financial Group

CWB reports very strong financial performance for fiscal 2018 and a positive 2019 outlook

"CWB’s strategic execution and financial performance in fiscal 2018 were both very strong,” said Chris Fowler, President and CEO. “Our focus is on business owners, and we delivered a return to double-digit loan growth across our broader geographic footprint with increased industry diversification. This continued the significant progress we have made over the past several years to fundamentally transform CWB’s geographic reach and expand our future growth opportunities. Alongside ongoing balanced growth and diversification of loans and funding, we have materially increased our capabilities to support full-service client relationships, made significant progress toward the upcoming transformation of our capital and risk management processes, and worked to ensure our ongoing technology investments and focused business transformation position us to meet the rapid pace of change within our industry. All of this has made CWB more resilient to regional challenges, and better equipped to create long-term value for stakeholders throughout the business cycle."

 

Read the release in full

 

FOR FURTHER INFORMATION CONTACT: 

 Matt Evans, CFA 
 Vice President, Strategy & Corporate Development  
 CWB Financial Group 
 Phone: (780) 969-8337 
 Email: matt.evans@cwbank.com