Review Mortgage Lenders

First Western Bank

First Western Bank Minot

First Western Bank & Trust promotes five | News, Sports, Jobs

Tim Mihalick has been promoted to senior vice president of business development and facilities. He will lead business development, oversee facilities & maintenance and leasing space in First Western’s buildings. Mihalick graduated from Minot State University with a degree in business administration. He is currently on the board of the Minot Family YMCA, project manager for the City of Minot’s Community Stakeholders Committee and was appointed to the State Board of Higher Education by Governor Burgum. He has served on the board of Trinity Health and as a past chairman of the Minot State University Board of Regents.

Brent Mattson was promoted to senior vice president at First Western Insurance. Mattson has resided in Minot the past 14 years. He is a graduate from the University of North Dakota. Mattson is involved in a variety of organizations in the Minot community; Trinity Health, Dakota Boys and Girls Ranch, and Norsk Hostfest. He has been with First Western Insurance for 5 years and has more than 25 years of experience in the financial industry.

Does Canadian Western Bank’s (TSE:CWB) CEO Pay Compare Well With Peers?

Is Canadian Western Bank Growing?

Over the last three years Canadian Western Bank has grown its earnings per share (EPS) by an average of 5.0% per year (using a line of best fit). It achieved revenue growth of 12% over the last year.

I think the revenue growth is good. And, while modest, the earnings per share growth is noticeable. So while performance isn’t amazing, we think it really does seem quite respectable. It could be important to check this free visual depiction of what analysts expect for the future .

Has Canadian Western Bank Been A Good Investment?

Boasting a total shareholder return of 55% over three years, Canadian Western Bank has done well by shareholders. So they may not be at all concerned if the CEO were to be paid more than is normal for companies around the same size.

In Summary…

Chris Fowler is paid around the same as most CEOs of similar size companies.

The company isn’t showing particularly great growth, but shareholder returns have been pleasing. So all things considered I’d venture that the CEO pay is appropriate. Whatever your view on compensation, you might want to check if insiders are buying or selling Canadian Western Bank shares (free trial).

What was the first bank in the Western Area??

I know the First Bank was the first bank in the united states. But what was the first bank ever in the western area including England.


A "bank" usually means an institution which both takes deposits _and_ makes loans. Also, the "Western world" usually includes the Middle East, northeast of Constantinople/Istanbul.

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