Canadian Western Bank (TSX:CWB.PR.D.PFD) Total Assets : C$42,694.87 Mil (As of Jan. 2024)

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What is Canadian Western Bank Total Assets?

Canadian Western Bank's Total Assets for the quarter that ended in Jan. 2024 was C$42,694.87 Mil.

Warning Sign:

If a company builds assets at 7.1% a year, faster than its revenue growth rate of 5.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Canadian Western Bank's average Total Assets Growth Rate was -8.90% per year. During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 13 years, Canadian Western Bank's highest 3-Year average Total Assets Growth Rate was 24.80%. The lowest was 5.70%. And the median was 12.70%.

Total Assets is connected with ROA %. Canadian Western Bank's annualized ROA % for the quarter that ended in Jan. 2024 was 0.88%. Total Assets is also linked to Revenue through Asset Turnover. Canadian Western Bank's Asset Turnover for the quarter that ended in Jan. 2024 was 0.01.

Canadian Western Bank Total Assets Historical Data

The historical data trend for Canadian Western Bank's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Canadian Western Bank Total Assets Chart

Canadian Western Bank Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Total Assets

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31,424.24

33,937.87

37,323.18

41,427.55

42,320.10

Canadian Western Bank Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															41,711.55	42,227.84	42,561.60	42,320.10	42,694.87

Canadian Western Bank Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Canadian Western Bank's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as

Total Assets	=	Total Equity (A: Oct. 2023 )	+	Total Liabilities (A: Oct. 2023 )
	=	4026.667	+	38293.436
	=	42,320.10

Canadian Western Bank's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	4155.537	+	38539.336
	=	42,694.87

Canadian Western Bank (TSX:CWB.PR.D.PFD) Total Assets Explanation

Total Assets is connected with ROA %.

Canadian Western Bank's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	375.728	/	( (42320.103	+	42694.873)	/ 2 )
	=	375.728	/	42507.488
	=	0.88 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Canadian Western Bank's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	289.991	/	( (42320.103	+	42694.873)	/ 2 )
=	289.991	/	42507.488
=	0.01

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Canadian Western Bank Total Assets Related Terms

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Canadian Western Bank (TSX:CWB.PR.D.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Western Bank (TSX:CWB.PR.D.PFD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CBWBF:USA C7W:Germany CWB.PR.B.PFD:Canada CWB:Canada

Address

10303 Jasper Avenue, Suite 3000, Edmonton, AB, CAN, T5J 3X6

Website

https://www.cwb.com

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.

Canadian Western Bank (TSX:CWB.PR.D.PFD) Headlines

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