Community West Bancshares (CWBC)

NASDAQ: CWBC · IEX Real-Time Price · USD
18.10
-0.29 (-1.58%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-1.58%
Market Cap 341.55M
Revenue (ttm) 89.14M
Net Income (ttm) 25.54M
Shares Out 18.87M
EPS (ttm) 2.17
PE Ratio 8.05
Forward PE 16.63
Dividend $0.72 (3.98%)
Ex-Dividend Date May 2, 2024
Volume 113,435
Open 18.00
Previous Close 18.39
Day's Range 16.77 - 18.50
52-Week Range 12.59 - 24.47
Beta 0.84
Analysts Strong Buy
Price Target 24.00 (+32.6%)
Earnings Date Apr 30, 2024

About CWBC

Community West Bancshares operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts demand, savings, and time deposits; certificates of deposit; and non-interest-bearing demand deposits, as well as provides NOW and money market accounts. It also provides products, such as commercial and industrial loans, as well as loans secured by crop production and livestock; ow... [Read more]

Sector Financials
IPO Date Nov 20, 1996
Employees 259
Stock Exchange NASDAQ
Ticker Symbol CWBC
Full Company Profile

Financial Performance

In 2023, CWBC's revenue was $89.14 million, an increase of 6.59% compared to the previous year's $83.63 million. Earnings were $25.54 million, a decrease of -4.16%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CWBC stock is "Strong Buy." The 12-month stock price forecast is $24.0, which is an increase of 32.60% from the latest price.

Price Target
$24.0
(32.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Community West Bancshares Reports Earnings Results for the Quarter Ended March 31, 2024, and Quarterly Dividend

FRESNO, Calif.--(BUSINESS WIRE)-- #CWBC--The Board of Directors of Community West Bancshares (“Company”) (NASDAQ: CWBC), the parent company of Community West Bank (“Bank”), reported today unaudited co...

1 day ago - Business Wire

Central Valley Community Bancorp Completes Community West Bancshares Merger, Adopts Name, Announces Board and Executive Reorganization

FRESNO, Calif.--(BUSINESS WIRE)-- #CVCB--The Board of Directors of Central Valley Community Bancorp (Central Valley), the parent company of Central Valley Community Bank (CVCB), headquartered in Fresn...

18 days ago - Business Wire

Central Valley Community Bancorp and Community West Bancshares Announce Receipt of Shareholder Approval for Merger

FRESNO, Calif. & GOLETA, Calif.--(BUSINESS WIRE)-- #cvcb--Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, ...

2 months ago - Business Wire

Community West Bancshares Reports Full Year Earnings and Declares Quarterly Cash Dividend of $0.08 Per Common Share

GOLETA, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

3 months ago - GlobeNewsWire

COMMUNITY WEST INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Community West Bancshares -CWBC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Community West B...

3 months ago - Business Wire

Community West Bancshares Reports Third Quarter 2023 Earnings of $2.3 Million, or $0.25 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share

GOLETA, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

6 months ago - GlobeNewsWire

COMMUNITY WEST INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Community West Bancshares - CWBC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Community West B...

6 months ago - Business Wire

Shareholder Alert: Ademi LLP investigates whether Community West Bancshares has obtained a Fair Price in its transaction with Central Valley Community Bancorp

MILWAUKEE , Oct. 12, 2023 /PRNewswire/ -- Ademi LLP is investigating Community West (NASDAQ: CWBC) for possible breaches of fiduciary duty and other violations of law in its transaction with Central V...

6 months ago - PRNewsWire

CWBC STOCK ALERT: Halper Sadeh LLC Is Investigating Whether the Sale of Community West Bancshares Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Community West Bancshares (NASDAQ: CWBC) to Central Valley Community Bancorp for 0.79 sha...

6 months ago - Business Wire

Central Valley Community Bancorp and Community West Bancshares to Merge

FRESNO, Calif. & GOLETA, Calif.--(BUSINESS WIRE)-- #cvcb--Central Valley Community Bancorp (Central Valley), (NASDAQ: CVCY), headquartered in Fresno, California, together with its banking subsidiary, ...

6 months ago - Business Wire

Community West Bancshares Reports Second Quarter 2023 Earnings of $2.1 Million, or $0.24 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share

GOLETA, Calif., July 28, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

9 months ago - GlobeNewsWire

Community West Bancshares Named to American Banker Magazine Top 200 Publicly Traded Community Banks

GOLETA, Calif., June 14, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), announced its inclu...

11 months ago - GlobeNewsWire

Community West Bancshares Reports First Quarter 2023 Earnings of $2.5 Million, or $0.27 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share

GOLETA, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net...

1 year ago - GlobeNewsWire

Community West Bancshares Reports Fourth Quarter 2022 Earnings of $3.4 Million, or $0.38 Per Diluted Share, and Record Net Income of $13.4 Million, or $1.51 Per Diluted Share, for the Year; Increases Quarterly Cash Dividend to $0.08 Per Common Share

GOLETA, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

1 year ago - GlobeNewsWire

Community West Bancshares Earns $3.5 Million, or $0.39 Per Diluted Share, in Third Quarter 2022; Declares Quarterly Cash Dividend of $0.075 Per Common Share

GOLETA, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

1 year ago - GlobeNewsWire

Community West Bancshares Earns $2.6 Million, or $0.30 Per Diluted Share, in Second Quarter 2022; Declares Quarterly Cash Dividend of $0.075 Per Common Share

GOLETA, Calif., July 29, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

1 year ago - GlobeNewsWire

Community West Bancshares Earnings Increase 31% to $4.0 Million, or $0.45 Per Diluted Share, in 1Q22 Compared to 1Q21; Declares Increased Quarterly Cash Dividend of $0.075 Per Common Share

GOLETA, Calif., April 29, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net...

2 years ago - GlobeNewsWire

William F. Filippin Named President and Chief Credit Officer of Community West Bank

GOLETA, Calif., Jan. 31, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced tha...

2 years ago - GlobeNewsWire

Community West Bancshares Reports Fourth Quarter Earnings of $2.9 Million, or $0.33 Per Diluted Share, and Record Net Income of $13.1 Million, or $1.50 Per Diluted Share, for the Year; Declares Quarterly Cash Dividend of $0.07 Per Common Share

GOLETA, Calif., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net ...

2 years ago - GlobeNewsWire

Richard Pimentel Joins Community West Bancshares and Community West Bank as Chief Financial Officer

GOLETA, Calif., Dec. 31, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (Bank), today announced the hiring of...

2 years ago - GlobeNewsWire

Celina L. Zacarias Elected To Community West Bancshares and Community West Bank Boards of Directors

GOLETA, Calif., Dec. 20, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (Bank), today announced the election ...

2 years ago - GlobeNewsWire

Community West Bancshares Earnings Increase 27% to $3.6 Million, or $0.41 Per Diluted Share, in 3Q21 Compared to 3Q20; Declares Quarterly Cash Dividend of $0.07 Per Common Share

GOLETA, Calif., Nov. 01, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net inco...

2 years ago - GlobeNewsWire

William F. Filippin Named President of Community West Bank; Jason Beitz Promoted to Chief Credit Officer

GOLETA, Calif., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced the...

2 years ago - GlobeNewsWire

Community West Bancshares Named to Piper Sandler Sm-All Stars: Class of 2021

GOLETA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced it...

2 years ago - GlobeNewsWire

Community West Bancshares Authorizes Extension to Stock Repurchase Plan

GOLETA, Calif., Aug. 27, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced that it...

2 years ago - GlobeNewsWire