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    CWB   CA13677F1018

CANADIAN WESTERN BANK

(CWB)
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Canadian Western Bank : Corporate presentation (PDF, 1.2MB)

06/09/2021 | 12:49pm EDT

Positioned for accelerated growth

May 28, 2021

Advisory

Forward-looking Statements

From time to time, we make written and verbal forward-looking statements. Statements of this type are included in our Annual Report and reports to shareholders and may be included in filings with Canadian securities regulators or in other communications such as press releases and corporate presentations. Forward-looking statements include, but are not limited to, statements about our objectives and strategies, targeted and expected financial results, the outlook for CWB's businesses or for the Canadian economy, the intended redemption of the Series 7 Preferred Shares, including the timing thereof, and the estimated impact on our Tier 1 and Total capital ratios. Forward-looking statements are typically identified by the words "believe", "expect", "anticipate", "intend", "estimate", "may increase", "may impact", "goal", "focus", "potential", "proposed" and other similar expressions, or future or conditional verbs such as "will", "should", "would" and "could".

By their very nature, forward-looking statements involve numerous assumptions and are subject to inherent risks and uncertainties, which give rise to the possibility that our predictions, forecasts, projections, expectations and conclusions will not prove to be accurate, that our assumptions may not be correct and that our strategic goals may not be achieved.

A variety of factors, many of which are beyond our control, may cause actual results to differ materially from the expectations expressed in the forward-looking statements. These factors include, but are not limited to, general business and economic conditions in Canada, including housing market conditions, the volatility and level of liquidity in financial markets, fluctuations in interest rates and currency values, the volatility and level of various commodity prices, changes in monetary policy, changes in economic and political conditions, material changes to trade agreements, transition to the Advanced Internal Ratings Based (AIRB) approach for calculating regulatory capital, legislative and regulatory developments, legal developments, the level of competition, the occurrence of natural catastrophes, outbreaks of disease or illness that affect local, national or international economies, changes in accounting standards and policies, information technology and cyber risk, the accuracy and completeness of information we receive about customers and counterparties, the ability to attract and retain key personnel, the ability to complete and integrate acquisitions, reliance on third parties to provide components of business infrastructure, changes in tax laws, technological developments, unexpected changes in consumer spending and saving habits, timely development and introduction of new products, and our ability to anticipate and manage the risks associated with these factors. It is important to note that the preceding list is not exhaustive of possible factors.

Additional information about these factors can be found in the Risk Management section of our annual MD&A. These and other factors should be considered carefully, and readers are cautioned not to place undue reliance on these forward-looking statements as a number of important factors could cause our actual results to differ materially from the expectations expressed in such forward-looking statements. Any forward-looking statements contained in this document represent our views as of the date hereof. Unless required by securities law, we do not undertake to update any forward-looking statement, whether written or verbal, that may be made from time to time by us or on our behalf. The forward-looking statements contained in this document are presented for the purpose of assisting readers in understanding our financial position and results of operations as at and for the periods ended on the dates presented, as well as our strategic priorities and objectives, and may not be appropriate for other purposes.

Assumptions about the performance of the Canadian economy over the forecast horizon and how it will affect our business are material factors considered when setting organizational objectives and targets. In determining expectations for economic growth, we consider our own forecasts, economic data and forecasts provided by the Canadian government and its agencies, as well as certain private sector forecasts. These forecasts are subject to inherent risks and uncertainties that may be general or specific. The full extent of the impact that the COVID-19 pandemic, including government and regulatory responses to the outbreak, will have on the Canadian economy and our business is highly uncertain and difficult to predict at this time. Where relevant, material economic assumptions underlying forward-looking statements are disclosed within the Outlook and Allowance for Credit Losses sections of this MD&A and our annual MD&A.

CWB Financial Group

2

Table of Contents

Our vision

To be the best full-service bank for business owners in Canada

Our values

People first

Relationships get results

Embrace the new

The how matters

Inclusion has power

Why invest in CWB?

4

Our value proposition and

5

strategic priorities

Our digital experience

10

Diversification opportunities

13

Franchise strength; funding and

16

capital

Financial performance, credit, and

21

outlook

Diversified business lines

29

Contact information

36

CWB Financial Group

3

Why invest in CWB?

We are positioned to deliver attractive sustainable returns for investors

We are the

Our enhanced

We are

Our funding

only

digital client

growing our

and capital

full-service

experience will

brand and

levels are

bank in

support

market share

strong and

Canada with a

growth

in Ontario

stable, with

focus to meet

upside

the unique

expected with

financial needs

a successful

of business

AIRB

owners

transition

We are a secured lender and disciplined underwriter, proven by a history of low write-offs through economic cycles

CWB Financial Group

4

We are the only full-

service bank in Canada

Our value

with a focus to meet

proposition

the unique financial

needs of business owners

CWB Financial Group

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Canadian Western Bank published this content on 09 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2021 16:48:05 UTC.


© Publicnow 2021
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Financials
Sales 2021 1 012 M 811 M 811 M
Net income 2021 296 M 237 M 237 M
Net Debt 2021 - - -
P/E ratio 2021 10,2x
Yield 2021 3,41%
Capitalization 2 965 M 2 377 M 2 376 M
Capi. / Sales 2021 2,93x
Capi. / Sales 2022 2,75x
Nbr of Employees 2 516
Free-Float 97,4%
Chart CANADIAN WESTERN BANK
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Technical analysis trends CANADIAN WESTERN BANK
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TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 34,01 CAD
Average target price 40,12 CAD
Spread / Average Target 18,0%
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
Sector and Competitors