At close of market on Friday, Canadian Western Bank (TSX:CWB) stock finished trading at +2.37%, bringing the stock price to $28.96 on the Toronto Stock Exchange. The stock price saw a low of $28.58 and a high of $29.26.
The company’s stock was traded 2,541 times with a total of 397,489 shares traded.
Canadian Western Bank has a market cap of $2.53 billion, with 87.21 million shares in issue.
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products. Canadian Western Trust is engaged in retirement, trustee, and custodial solutions for financial advisors, corporations, and individuals. The company receives maximum revenue from interest income.