Acquisition renamed Canadian Direct Insurance
Purchase will enhance trust services
Two more branches scheduled to open in May
Profit driven by revenue growth
Cash deal worth $25.4 million
Assets pass $4-billion for first time
Canadian Western Bank today announced results for the third quarter ended July 31.Net income was $8.06 million compared with $8.23 million for the third quarter last year. Diluted earnings per share were 64¢ compared with 66¢ a year ago.Compared to the second quarter of 2002, net income for the third quarter increased 25% from $6.43 […]
Low interest rates squeeze revenues