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CWB reports strong third quarter financial performance and common share dividend increaseCWB Financial Group (TSX: CWB) (CWB) today announced strong third quarter financial performance with common shareholders’ net income of $71 million and pre-tax, pre-provision income of $117 million, up 14% and 6%, respectively, from the third quarter last year.
CWB declares dividendsCanadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per common share (TSX:CWB), payable on September 27, 2019 to shareholders of record on September 13, 2019. This quarterly dividend is up two cents, or 8%, from the dividend declared one year ago and one cent, or 4%, from the prior quarter. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.2688125 per Series 5, $0.390625 per Series 7, and $0.375 per Series 9, all payable on October 31, 2019 to shareholders of record on October 24, 2019.
CWB Wealth Management refiles select MRFPsEDMONTON, Alberta, June 18, 2019 – CWB Wealth Management Ltd. (“CWBWM”), as manager of the funds set out below (the "Funds"), announced today that it has refiled the management reports of fund performance (“MRFPs”) for the year ended December 31, 2018 for the Funds to correct certain non-material errors in the performance data in the MRFPs resulting from an inadvertent error in the calculation of the Funds’ performance in 2016.
CWB’s bold new brand promise and visual identity reflect its bright futureCWB Financial Group’s journey to be a disruptive force in Canadian banking took another step forward today with the launch of a new brand positioning and visual identity. The bold, bright language and design reflects the financial institution’s position as a clear alternative for successful business owners across Canada.