Community West Bancshares (CWBC)

Community West Bancshares Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	150.29	130.17	69.8	55.91	54.08	52.07
Interest Income on Investments	29.61	30.22	32.62	27.08	19.78	13.95
Total Interest Income	179.9	160.39	102.42	82.99	73.86	66.02
Interest Paid on Deposits	46.04	40.67	15.53	1.2	1.04	1.47
Interest Paid on Borrowings	10.39	9.36	4.46	2.23	0.27	0.13
Total Interest Expense	56.42	50.02	19.99	3.42	1.3	1.6
Net Interest Income	123.48	110.37	82.43	79.57	72.55	64.42
Net Interest Income Growth (YoY)	54.50%	33.89%	3.60%	9.66%	12.62%	1.02%
Gain (Loss) on Sale of Assets	0.01	0.01	0.4	0.02	0.01	-
Gain (Loss) on Sale of Investments	-3.83	-4.2	-0.91	-1.73	0.5	4.25
Other Non-Interest Income	11.24	10.64	7.53	6.77	8.5	8.38
Total Non-Interest Income	7.42	6.45	7.02	5.05	9.01	12.63
Non-Interest Income Growth (YoY)	4.79%	-8.19%	38.90%	-43.88%	-28.70%	-5.07%
Revenues Before Loan Losses	130.9	116.81	89.45	84.62	81.56	77.05
Provision for Loan Losses	10.5	11.11	0.31	1	-4.44	3.28
Revenue	120.4	105.7	89.14	83.63	85.99	73.78
Revenue Growth (YoY)	38.79%	18.58%	6.59%	-2.76%	16.56%	-2.99%
Salaries and Employee Benefits	52.26	47.94	30.91	28.46	28.53	28.13
Occupancy Expenses	7.68	6.39	3	2.64	2.44	4.63
Federal Deposit Insurance	1.84	1.84	1.31	0.85	0.83	0.49
Amortization of Goodwill & Intangibles	0.75	0.75	0.07	0.45	0.66	0.7
Selling, General & Administrative	18.99	18.89	13.69	11.7	11.4	8.58
Other Non-Interest Expense	11.9	9.28	5.13	4.38	4.12	5.16
Total Non-Interest Expense	93.42	85.09	54.11	48.48	47.98	47.68
EBT Excluding Unusual Items	26.98	20.61	35.03	35.14	38.02	26.09
Pretax Income	17.56	11	33.84	35.14	38.02	27.26
Income Tax Expense	5.28	3.33	8.3	8.5	9.62	6.91
Net Income	12.28	7.67	25.54	26.65	28.4	20.35
Net Income to Common	12.28	7.67	25.54	26.65	28.4	20.35
Net Income Growth	-44.78%	-69.98%	-4.16%	-6.18%	39.58%	-5.11%
Basic Shares Outstanding	19	17	12	12	12	13
Diluted Shares Outstanding	19	17	12	12	12	13
Shares Change (YoY)	61.34%	46.17%	0.12%	-4.42%	-2.34%	-6.94%
EPS (Basic)	0.65	0.45	2.18	2.27	2.32	1.62
EPS (Diluted)	0.65	0.45	2.17	2.27	2.31	1.62
EPS Growth	-65.48%	-79.34%	-4.28%	-1.74%	42.59%	1.89%
Dividend Per Share	0.480	0.480	0.480	0.480	0.470	0.440
Dividend Growth	-	-	-	2.13%	6.82%	2.33%
Effective Tax Rate	30.05%	30.30%	24.54%	24.18%	25.29%	25.36%

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q