Third Quarter 2020 Highlights(1) (compared to the same period in the prior year)
| Adjusted EPS | Total revenue | Loans(2) | Branch-raised | Common share |
| $0.74 | $226.5 million | $29.7 billion | $16.0 billion | $0.29 |
| Down 10% | Up 4% | Up 5% in total; | Up 22% | One cent increase from |
| (1) | Highlights include certain non-IFRS measures – refer to definitions provided on page 5 of this news release, with further detail provided on pages 5 and 6 of the 2020 Third Quarter Report to Shareholders. |
| (2) | Excludes the allowance for credit losses. |
| (3) | Declared by our Board of Directors on August 27, 2020. |
| This news release and accompanying financial highlights are supplementary to CWB’s 2020 Third Quarter Report to Shareholders and 2019 Annual Report and should be read in conjunction with those documents. |
EDMONTON, AB, Aug. 28, 2020 /CNW/ – CWB Financial Group (TSX: CWB) (CWB) today announced financial performance for the three and nine month periods ended July 31, 2020, with third quarter net income available to common shareholders of $62 million and…
