Canadian Western Bank
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Christopher H. Fowler
- Full Time Employees
- 2,532
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 10303 Jasper Avenue NW Edmonton AB Canada T5J 3X6
- IPO Date
- Jan 5, 2010
- Website
- cwbank.com
- Similar Companies
- Business
- Canadian Western Bank (CWB), a Schedule I chartered bank and part of the CWB Financial Group, provides full-service business and personal banking, nationwide specialized financing in target industries including equipment financing, commercial loans, mortgages, real estate and oil and gas lending; comprehensive wealth management offerings through CWB Wealth Management (formerly Adroit Investment Management Ltd.); trust services via Canadian Western Trust Company, which includes personal and corporate trusts as well as Optimum Mortgage for residential mortgages through brokers; commercial equipment leasing through National Leasing Group Inc.; specialty trust services such as stock transfer, corporate trust, escrow and employee plan services through Valiant Trust Company; mutual funds via Canadian Western Financial Ltd.; and digital banking products including high-interest savings accounts, guaranteed investment certificates and tax-free savings accounts through Motive Financial, its online banking division serving customers across Canada except Quebec. The bank operates primarily in Western Canada with branches in British Columbia, Alberta and Ontario, as well as select locations in eastern Canada, and maintains memberships in the Canada Deposit Insurance Corporation, Cirrus, Interac, Mastercard and The Exchange networks. Headquartered in Edmonton, Alberta, with approximately 2,500 employees, CWB was founded in 1988 through the merger of Bank of Alberta (established 1984) and Western & Pacific Bank of Canada (established 1982). In a major strategic development, National Bank of Canada completed its acquisition of CWB in February 2025 for approximately C$5.6 billion in an all-share transaction, with each CWB common share exchanged for 0.450 of a National Bank common share; integration activities commenced immediately thereafter, CWB shares were delisted from the Toronto Stock Exchange on February 4, 2025, and operations began rebranding under the National Bank brand, with a planned amalgamation of the entities by March 1, 2025, to expand National Bank's national footprint particularly in Western Canada while enhancing product offerings for commercial, personal and wealth management clients.
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