Strong execution of CWB’s Balanced Growth strategy in 2018 with ongoing diversification
Fourth quarter adjusted cash earnings per common share of $0.78, up 5% from 2017
Fiscal 2018 adjusted cash earnings per common share of $3.01, up 14% from 2017
EDMONTON, Dec. 6, 2018 /CNW/ – “CWB’s strategic execution and financial performance in fiscal 2018 were both very strong,” said Chris Fowler, President and CEO. “Our focus is on business owners, and we delivered a return to double-digit loan growth across our broader geographic footprint with increased industry diversification. This continued the significant progress we have made over the past several years to fundamentally transform CWB’s geographic reach and expand our future growth opportunities. Alongside ongoing balanced growth and diversification of loans and funding, we have materially increased our capabilities to support full-service client relationships, made significant progress toward the upcoming transformation of our capital and risk management processes, and worked to ensure our ongoing technology investments and focused business transformation position us to meet the rapid pace of change within our…
