Canadian Western Bank

Canadian Western Bank
Company typePublic
TSX: CWB
IndustryBanking
Predecessors
Founded1988 (1988)
Edmonton, Alberta
HeadquartersCanadian Western Bank Place
10303 Jasper Avenue
Edmonton, Alberta, Canada
Key people
Chris Fowler, CEO
ProductsFinancial services
RevenueCA$1.2 billion (2024)
CA$296 million (2024)
AUMCA$9.4 billion (2024)
Total assetsCA$43.1 billion (2024)
Total equityCA$4.4 billion (2024)
Number of employees
2,569 (FTE, 2024)
Websitewww.cwbank.com

Canadian Western Bank (CWB; French: Banque canadienne de l'Ouest), also operating as CWB Financial Group, was a Canadian bank based in Edmonton, Alberta. The bank serves clients both in Western Canada and in other provinces. It was announced on June 11, 2024 that it would be acquired by National Bank of Canada in 2025. National Bank and CWB has, on March 1, 2025, amalgamated and will continue as one bank under the name National Bank of Canada.

The CWB Financial Group is made up of 10 banking, lending, wealth and trust companies.

Its loan book is almost equally represented across BC, Alberta and Ontario. As part of its expansion plans, CWB has opened a branch in Mississauga, Ontario, just west of Toronto and a regional office in Downtown Toronto.