Research Analysts Issue Forecasts for CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC) – Stock analysts at DA Davidson decreased their FY2025 earnings estimates for Community West Bancshares in a research report issued to clients and investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $1.99 per share for the year, down from their previous estimate of $2.20. DA Davidson has a “Buy” rating and a $24.00 price objective on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $2.15 per share.

CWBC has been the subject of several other reports. StockNews.com upgraded Community West Bancshares from a “sell” rating to a “hold” rating in a report on Monday, January 27th. Keefe, Bruyette & Woods dropped their price target on shares of Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating on the stock in a report on Friday, January 24th.

Community West Bancshares Stock Down 2.1 %

Community West Bancshares stock opened at $16.66 on Friday. Community West Bancshares has a 12 month low of $16.05 and a 12 month high of $22.89. The stock has a fifty day simple moving average of $18.68 and a two-hundred day simple moving average of $19.33. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. The firm has a market cap of $317.39 million, a price-to-earnings ratio of 32.04 and a beta of 0.91.

Community West Bancshares (NASDAQ:CWBC) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.07). Community West Bancshares had a net margin of 4.59% and a return on equity of 7.90%.

Community West Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.88%. The ex-dividend date was Friday, February 7th. Community West Bancshares’s payout ratio is currently 92.31%.

Insider Activity at Community West Bancshares

In other Community West Bancshares news, CEO James J. Kim purchased 1,600 shares of the company’s stock in a transaction dated Friday, February 28th. The shares were acquired at an average price of $17.36 per share, for a total transaction of $27,776.00. Following the purchase, the chief executive officer now directly owns 60,178 shares of the company’s stock, valued at $1,044,690.08. The trade was a 2.73 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Martin E. Plourd sold 7,732 shares of the business’s stock in a transaction on Friday, February 7th. The shares were sold at an average price of $19.26, for a total transaction of $148,918.32. Following the sale, the president now directly owns 82,737 shares of the company’s stock, valued at approximately $1,593,514.62. The trade was a 8.55 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 5,805 shares of company stock worth $104,788. 11.15% of the stock is owned by insiders.

Hedge Funds Weigh In On Community West Bancshares

Several institutional investors and hedge funds have recently bought and sold shares of CWBC. Tower Research Capital LLC TRC increased its position in Community West Bancshares by 33.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,096 shares of the financial services provider’s stock worth $41,000 after buying an additional 529 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in Community West Bancshares by 29.2% in the 4th quarter. BNP Paribas Financial Markets now owns 4,600 shares of the financial services provider’s stock worth $89,000 after acquiring an additional 1,041 shares in the last quarter. Spire Wealth Management bought a new stake in Community West Bancshares during the 4th quarter worth approximately $27,000. Kestra Private Wealth Services LLC increased its stake in shares of Community West Bancshares by 7.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 23,890 shares of the financial services provider’s stock worth $463,000 after purchasing an additional 1,598 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Community West Bancshares by 3.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 48,419 shares of the financial services provider’s stock valued at $938,000 after purchasing an additional 1,623 shares during the period. 33.80% of the stock is currently owned by hedge funds and other institutional investors.

About Community West Bancshares

Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposits; and cash management products.