ATB Financial - Company Profile
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ATB Financial (ATB) is a financial institution. The company's main activities include providing banking services, financial advice, and wealth management solutions. ATB offers a range of products and services such as personal and business banking, investment funds, mortgages, and insurance. Notable brands associated with the company include ATB Wealth, ATB Prosper, ATB Capital Markets, ATB Entrepreneur Centre, and ATB Ventures. ATB's services cater to individuals, businesses, and institutions across various industries, providing expert advice and customized financial solutions. The company operates through a network of branches, agencies, a 24-hour client care center, entrepreneur center, digital banking platforms, and ATM locations. It primarily serves the Alberta region but has recently expanded its wealth management services to British Columbia, Alberta, Saskatchewan and Ontario. ATB is headquartered in Edmonton, Alberta, Canada.
ATB Financial premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Savings Deposit | Digital Banking Services | ATB |
| Current Deposit | Commercial Services | ATB Capital Markets |
| Mortgages | Private Banking Services | ATB Wealth |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company signed an agreement to acquire all of the outstanding shares of Cormark Securities Inc., an independent investment bank. |
| 2025 | Contracts/Agreements | In August, the company signed an agreement to sell the Capital Asset Financing division to Essex Lease Financial Corp. |
| 2025 | Acquisitions/Mergers/Takeovers | In August, the company acquired Investment Bank Cormark Securities Inc to expand its capital market capabilities and service offerings. |
Competitor Comparison
| Key Parameters | ATB Financial | National Bank of Canada | IGM Financial Inc | Canadian Western Bank Group | Laurentian Bank of Canada |
|---|---|---|---|---|---|
| Headquarters | Canada | Canada | Canada | Canada | Canada |
| City | Edmonton | Montreal | Winnipeg | Edmonton | Montreal |
| State/Province | Alberta | Quebec | Manitoba | Alberta | Quebec |
| No. of Employees | 5,251 | 33,767 | 3,594 | 2,569 | 2,800 |
| Entity Type | Private | Public | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joan Hertz | Chairman | Executive Board | 2019 | - |
| Chris Turchansky | President; Chief Executive Officer | Senior Management | 2026 | - |
| Dan Hugo | Chief Strategy Officer; Chief Financial Officer | Senior Management | - | - |
| Renee Oxley | Chief Risk Officer | Senior Management | - | - |
| John Tarnowski | Chief Client Experience and Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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