Canadian Western Bank
Canadian Western Bank (CWESF) Financial Performance & Income Statement Overview
Analyze Canadian Western Bank (CWESF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Canadian Western Bank (CWESF) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Canadian Western Bank CWESF financial performance.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $309.50M | $298.47M | $683.98M | $698.80M |
| Cost of Revenue | $0.00 | $404.38M | $0.00 | $0.00 |
| Gross Profit | $309.50M | -$105.91M | $683.98M | $698.80M |
| Gross Profit Ratio | $1.00 | -$0.35 | $1.00 | $1.00 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $114.17M | $96.41M | $88.22M | $88.14M |
| Operating Expenses | $309.50M | $298.47M | $10.57M | $8.63M |
| Total Costs & Expenses | $309.50M | $298.47M | $573.13M | $572.38M |
| Interest Income | $667.91M | $668.25M | $647.81M | $666.38M |
| Interest Expense | $398.62M | $404.38M | $398.05M | $35.38M |
| Depreciation & Amortization | $17.31M | $18.13M | $18.21M | $17.38M |
| EBITDA | $0.00 | $0.00 | $0.00 | $0.00 |
| EBITDA Ratio | $0.00 | $0.00 | $0.00 | $0.00 |
| Operating Income | $0.00 | $65.80M | $110.86M | $126.39M |
| Operating Income Ratio | $0.00 | $0.22 | $0.16 | $0.18 |
| Other Income/Expenses (Net) | $97.67M | $7000.00 | -$416.26M | -$424.70M |
| Income Before Tax | $97.67M | $65.80M | $110.86M | $126.39M |
| Income Before Tax Ratio | $0.32 | $0.22 | $0.16 | $0.18 |
| Income Tax Expense | $27.21M | $17.23M | $27.37M | $32.46M |
| Net Income | $70.47M | $48.57M | $83.48M | $93.93M |
| Net Income Ratio | $0.23 | $0.16 | $0.12 | $0.13 |
| EPS | $0.64 | $0.43 | $0.79 | $0.91 |
| Diluted EPS | $0.64 | $0.43 | $0.79 | $0.91 |
| Weighted Avg Shares Outstanding | $96.57M | $96.60M | $96.51M | $96.45M |
| Weighted Avg Shares Outstanding (Diluted) | $97.05M | $96.98M | $96.55M | $96.52M |
The company's financials show resilient growth, with revenue advancing from $698.80M in Q1 2024 to $309.50M in Q4 2024. Gross profit remained healthy with margins at 100% in Q4 2024 compared to 100% in Q1 2024. Operating income hit $0.00 last quarter, sustaining a consistent N/A margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $0.00. Net income rose to $70.47M, while earnings per share reached $0.64. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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