10:00 AM EST - Canadian Western Bank : Reported solid financial performance for fiscal 2019. The bank pointed to solid performance with common shareholders' net income of $267 million, up 7%, pre-tax, pre-provision income of $461 million, up 6%, and total revenue of $862 million, up 7%. Diluted and adjusted cash earnings per common share of $3.04 and $3.15, up 9% and 5%, respectively. Full-year operating leverage of negative 1.8% as revenue growth was outpaced by growth of expenses reflecting continued investment in strategic execution. Solid loan growth of 8%, with moderate growth in the fourth quarter partly related to higher than normal payouts, reflecting successful project completions in our real estate portfolio. Canadian Western Bank
shares T.CWB are trading down $1.99 at $33.49.
