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Monthly: Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 5 (CWB.PR.B:CAD22.50) rises for a third consecutive month, a three-month rise of 28% Wednesday March 31, 2021 16:00 EDT

Mar 31, 2021 - News Bites Canadian Markets
Board and Executive Moves

CANADIAN MONTHLY STOCK REPORT

Canadian Western Bank Non-Cumulative 5-Year Rate Reset First Preferred Shares Series 5 (TSX:CWB.PR.B), Canada's 51st largest Bank by market cap, has risen CAD1.13 (or 5.3%) to close at CAD22.50 on Wednesday March 31. The preference stock rose for a third consecutive month on Wednesday bringing its three-month rise to CAD4.87 or 27.7%. Compared with the S&P/TSX 60 Index which rose 82.4 points (or 8.0%) in the three months, this represented a relative price incr...