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    CWB   CA13677F1018

CANADIAN WESTERN BANK

(CWB)
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Canadian Western Bank : CWB banking centres now open weekdays from 9 a.m. to 4 p.m.

07/12/2021 | 10:46am EDT

As provincial and municipal governments lift or plan for the removal of COVID-19 restrictions, CWB is preparing for a potential increase in client foot traffic and supporting our communities' safe return to more normal-like conditions. Starting today, CWB banking centres across Canada are now open to clients and visitors every Monday to Friday, from 9:00 a.m. to 4:00 p.m. (except for holidays). These are our new hours of operation.

The increase from our temporary hours of 10:00 a.m. to 3:00 p.m. signals CWB's return to longer in-person banking hours. In response to the required COVID-19 restrictions over the past 17 months and to protect the health and safety of our people and clients, banking centres have operated on a reduced open-to-the-public schedule, limited occupancy, and even closed certain locations during the early stages of the pandemic. Navigating these changes gave us the opportunity to evaluate our transactional data and determine new operating hours that best suit the needs of our clients.

'Seeing our communities reach threshold vaccination rates and lift many COVID-19 restrictions gives us profound hope and optimism that more normal-like conditions are coming,' says Stephen Murphy, Executive Vice President of Banking. 'Resuming longer opening hours gives clients who are looking to safely increase or resume their in-person banking experience more convenience and the flexibility to avoid peak times.'

Throughout the COVID-19 pandemic, CWB has prioritized the health and safety of our employees and clients, which will continue under our new opening hours. Banking centres will adhere to guidance from local health authorities and follow government re-opening strategies regarding public indoor retail spaces. CWB safety measures, which include required facial coverings for onsite employees and the use of plexiglass dividers, will remain intact at this time. For clients who prefer to bank from home, our team will continue to offer telephone support and virtual appointments. As well, our digital banking tools, including CWBdirect® Online Banking, CWBdirect® Business Online Banking and the CWB Mobile App are available to clients 24 hours a day, seven days a week.

New banking hours are now in effect across our network in Canada as follows:

  • Monday to Friday, 9:00 a.m. to 4:00 p.m.
  • Saturday to Sunday, closed

Find a CWB banking centre
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Disclaimer

Canadian Western Bank published this content on 12 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2021 14:44:11 UTC.


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Sales 2021 1 022 M 809 M 809 M
Net income 2021 311 M 247 M 247 M
Net Debt 2021 - - -
P/E ratio 2021 10,2x
Yield 2021 3,20%
Capitalization 3 194 M 2 516 M 2 529 M
Capi. / Sales 2021 3,12x
Capi. / Sales 2022 2,86x
Nbr of Employees 2 593
Free-Float 96,3%
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Technical analysis trends CANADIAN WESTERN BANK
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 36,22 CAD
Average target price 41,92 CAD
Spread / Average Target 15,7%
EPS Revisions
Managers and Directors
Christopher H. Fowler President, CEO & Non-Independent Director
R. Matthew Rudd Chief Financial Officer & Executive Vice President
Robert Lawrence Phillips Chairman
Darrell Robert Jones Chief Information Officer & Executive VP
Vladimir Ahmad Senior Vice President-Operations & Transformation
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