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CWB Reports Third Quarter 2024 Performance Strong Growth in Key Business Lines CWB Financial Group (CWB) reported strong financial performance in the third quarter of 2024, driven by growth in key business lines. Net income increased by 12% year-over-year, reaching $126 million. This growth was driven by a combination of factors, including: Increased lending volumes in both commercial and personal banking Higher net interest margins Strong fee income growth Key Highlights Some key highlights from CWB's third quarter 2024 performance include: Total loans and other receivables increased by 7% to $49.8 billion Total deposits increased by 5% to $59.2 billion Net interest income increased by 10% to $241 million Non-interest income increased by 8% to $123 million Provision for credit losses decreased by 25% to $19 million CWB's strong performance in the third quarter of 2024 is a testament to the company's commitment to delivering value...

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