Strong performance from both operating groups
13% increase in quarterly cash dividend declared
$200 million issue was privately placed with institutional investors
Banking and trust earnings up 35%; loans outstanding surpass $6 billion
Declares stock dividend and 14% increase in quarterly cash dividend
Bank boosts quarterly dividend
New source of capital will provide efficient support for continued growth
Q2 is the bank’s 72nd consecutive profitable quarter
Canadian Western Bank today reported record profit for the first quarter ended January 31.Net income for the quarter was $16.4 million, an increase of 35% over the $12.2 million earned in same quarter last year while diluted earnings per share were 52¢ were up 30% from 40¢ a year ago. Revenue for the quarter was […]
Bank ups quarterly dividend