Below are the financial statements of Canadian Western Bank, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of CAD | 2024 | 2023 |
|---|---|---|
| Interest income | — | — |
| Loans and leases | 2,488.48a | 2,281.62a |
| Securities | 149.41a | 72.91a |
| Deposits with financial institutions | 12.46a | 10.95a |
| Interest expense | — | — |
| Deposits | -1,456.42a | -1,261.04a |
| Debt | -151.94a | -123.16a |
| Net interest income | 1,041.99a | 981.28a |
| Non-interest income | — | — |
| Wealth management services | 64.51a | 61.2a |
| Credit related | 47.71a | 45.19a |
| Trust services | 11.23a | 10.72a |
| Retail services | 10.97a | 10.44a |
| Gains (losses) on securities, net | 3.61a | -0.05a |
| Other | 3.86a | 3.8a |
| Total revenue | 1,183.88a | 1,112.57a |
| Provision for credit losses | -136.09a | -26.64a |
| Non-interest expenses | — | — |
| Salaries and employee benefits | -369.75a | -390.16a |
| Premises and equipment | -139.82a | -121.73a |
| Other expenses | -137.5a | -99.39a |
| Net income before income taxes | 400.72a | 474.65a |
| Income taxes | -104.27a | -124a |
| Net income | 296.45a | 350.65a |
| Preferred share dividends and limited recourse capital note distributions | 28.57a | 26.33a |
| Common shareholders' net income | 267.88a | 324.32a |
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