DA Davidson Has Positive Estimate for CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC) – DA Davidson raised their FY2025 EPS estimates for Community West Bancshares in a report issued on Tuesday, January 28th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings per share of $2.20 for the year, up from their prior estimate of $2.07. DA Davidson has a “Buy” rating and a $24.00 price target on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $1.61 per share.

Community West Bancshares (NASDAQ:CWBC) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.38 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.07). Community West Bancshares had a net margin of 4.53% and a return on equity of 8.14%.

Other equities research analysts have also issued reports about the stock. StockNews.com raised shares of Community West Bancshares from a “sell” rating to a “hold” rating in a report on Monday. Keefe, Bruyette & Woods cut their target price on shares of Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating on the stock in a research report on Friday, January 24th.

Community West Bancshares Trading Up 0.8 %

Shares of Community West Bancshares stock opened at $19.55 on Thursday. The firm has a market capitalization of $370.47 million, a PE ratio of 29.62 and a beta of 0.92. 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’s 50 day moving average is $20.06 and its 200 day moving average is $19.75. Community West Bancshares has a 1 year low of $15.50 and a 1 year high of $24.47.

Hedge Funds Weigh In On Community West Bancshares

A number of large investors have recently modified their holdings of CWBC. Spire Wealth Management bought a new stake in Community West Bancshares during the fourth quarter valued at 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 buying an additional 1,598 shares during the period. Rhumbline Advisers boosted its holdings in Community West Bancshares by 12.8% in the fourth quarter. Rhumbline Advisers now owns 21,387 shares of the financial services provider’s stock valued at $414,000 after acquiring an additional 2,430 shares in the last quarter. Empowered Funds LLC boosted its holdings in Community West Bancshares by 5.4% in the third quarter. Empowered Funds LLC now owns 76,458 shares of the financial services provider’s stock valued at $1,473,000 after acquiring an additional 3,886 shares in the last quarter. Finally, SG Americas Securities LLC bought a new stake in Community West Bancshares in the third quarter valued at $132,000. 33.80% of the stock is currently owned by institutional investors.

Insider Transactions at Community West Bancshares

In other Community West Bancshares news, Director Steven D. Mcdonald sold 1,860 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $21.51, for a total transaction of $40,008.60. Following the sale, the director now directly owns 315,531 shares of the company’s stock, valued at $6,787,071.81. This represents a 0.59 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders bought a total of 432 shares of company stock worth $8,116 in the last quarter. 11.15% of the stock is currently owned by corporate insiders.

Community West Bancshares Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Friday, February 7th. This represents a $0.48 annualized dividend and a dividend yield of 2.46%. Community West Bancshares’s payout ratio is 72.73%.

Community West Bancshares Company Profile

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.