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Canadian Western Bank (TSX:CWB.PR.B.PFD) Altman Z-Score


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The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Altman Z-Score does not apply to banks and insurance companies.

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

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Canadian Western Bank (TSX:CWB.PR.B.PFD) » Definitions » Altman Z-Score
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TSX:EQB TSX:LB TSX:VBNK NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05 MIL:ISP SAU:1180 PNC MIL:UCG BSP:ITUB3 HKSE:01658 ISX:BBRI
Traded in Other Exchanges
CBWBF:USA C7W:Germany CWB.PR.D.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.