What is DA Davidson’s Estimate for CWBC FY2025 Earnings?

Community West Bancshares (NASDAQ:CWBC) – Investment analysts at DA Davidson dropped their FY2025 earnings per share estimates for Community West Bancshares in a research note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the financial services provider will earn $1.99 per share for the year, down from their previous forecast 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 a number of other research reports. Keefe, Bruyette & Woods lowered their target price on Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating for the company in a research note on Friday, January 24th. StockNews.com raised Community West Bancshares from a “sell” rating to a “hold” rating in a research note on Monday, January 27th.

Community West Bancshares Stock Performance

NASDAQ CWBC opened at $16.66 on Friday. The company has a 50-day simple moving average of $18.68 and a two-hundred day simple moving average of $19.33. Community West Bancshares has a 12-month low of $16.05 and a 12-month high of $22.89. The firm has a market cap of $317.39 million, a price-to-earnings ratio of 32.04 and a beta of 0.91. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.19.

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

Institutional Trading of Community West Bancshares

Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC raised its position in shares of Community West Bancshares by 228.5% in the 3rd quarter. Barclays PLC now owns 22,057 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 15,343 shares in the last quarter. State Street Corp grew its stake in Community West Bancshares by 12.9% in the third quarter. State Street Corp now owns 251,944 shares of the financial services provider’s stock worth $4,852,000 after purchasing an additional 28,695 shares during the period. Systematic Financial Management LP raised its holdings in Community West Bancshares by 11.9% in the third quarter. Systematic Financial Management LP now owns 292,810 shares of the financial services provider’s stock worth $5,640,000 after purchasing an additional 31,075 shares in the last quarter. PL Capital Advisors LLC lifted its position in Community West Bancshares by 1,837.0% during the fourth quarter. PL Capital Advisors LLC now owns 8,242,923 shares of the financial services provider’s stock valued at $159,665,000 after buying an additional 7,817,372 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Community West Bancshares during the 4th quarter valued at $725,000. 33.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Community West Bancshares Announces Dividend

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

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.