Community West Bancshares (NASDAQ:CWBC – Get Free Report) Director Jagroop Gill acquired 4,770 shares of Community West Bancshares stock in a transaction that occurred on Monday, August 10th. The shares were bought at an average price of $24.88 per share, with a total value of $118,677.60. Following the transaction, the director directly owned 588,067 shares in the company, valued at approximately $14,631,106.96. This trade represents a 0.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Community West Bancshares Price Performance
Shares of NASDAQ CWBC opened at $25.83 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $700.87 million, a PE ratio of 13.96 and a beta of 0.80. Community West Bancshares has a 1-year low of $19.78 and a 1-year high of $28.17. The business’s fifty day moving average price is $26.04 and its two-hundred day moving average price is $24.52.
Community West Bancshares (NASDAQ:CWBC – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.15. The company had revenue of $54.30 million during the quarter, compared to the consensus estimate of $55.65 million. Community West Bancshares had a net margin of 16.86% and a return on equity of 11.35%. On average, research analysts expect that Community West Bancshares will post 2.38 EPS for the current year.
Community West Bancshares Dividend Announcement
Analyst Ratings Changes
Several brokerages have commented on CWBC. Weiss Ratings restated a “buy (b)” rating on shares of Community West Bancshares in a research note on Friday, July 10th. Piper Sandler raised their price target on Community West Bancshares from $30.00 to $30.50 and gave the company an “overweight” rating in a report on Monday, April 27th. DA Davidson restated a “buy” rating and set a $29.00 price objective on shares of Community West Bancshares in a research note on Tuesday, April 28th. Finally, Wall Street Zen upgraded shares of Community West Bancshares from a “sell” rating to a “hold” rating in a research report on Sunday, May 17th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.17.
View Our Latest Stock Report on Community West Bancshares
Hedge Funds Weigh In On Community West Bancshares
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. KERR FINANCIAL PLANNING Corp bought a new position in shares of Community West Bancshares during the 1st quarter valued at about $38,000. Russell Investments Group Ltd. raised its holdings in shares of Community West Bancshares by 623.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,983 shares of the financial services provider’s stock worth $41,000 after purchasing an additional 1,709 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Community West Bancshares during the second quarter valued at approximately $46,000. Tower Research Capital LLC TRC lifted its stake in Community West Bancshares by 75.5% during the second quarter. Tower Research Capital LLC TRC now owns 3,237 shares of the financial services provider’s stock valued at $63,000 after purchasing an additional 1,393 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Community West Bancshares by 2,945.9% during the fourth quarter. Farther Finance Advisors LLC now owns 3,381 shares of the financial services provider’s stock worth $76,000 after buying an additional 3,270 shares in the last quarter. 33.80% of the stock is owned by institutional investors.
Community West Bancshares Company Profile
Community West Bancshares, Inc is the bank holding company for Community West Bank, headquartered in Goleta, California. Through its wholly owned subsidiary, the company offers a full suite of commercial and consumer banking services. Community West Bancshares focuses on providing personalized financial solutions to small and mid-sized businesses, professional practices, and individual customers in its service area.
The company’s product portfolio includes a variety of deposit accounts—such as business checking, savings and money market accounts—along with online and mobile banking capabilities.
Featured Stories
- Five stocks we like better than Community West Bancshares
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Receive News & Ratings for Community West Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community West Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
