Research Analysts Issue Forecasts for CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC - Free Report) - Equities research analysts at DA Davidson reduced their FY2025 EPS estimates for Community West Bancshares in a research note issued to investors on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will post earnings per share of $2.07 for the year, down from their previous estimate of $2.11. The consensus estimate for Community West Bancshares' current full-year earnings is $1.61 per share.

Separately, Keefe, Bruyette & Woods increased their price objective on shares of Community West Bancshares from $21.00 to $24.00 and gave the stock a "market perform" rating in a research note on Wednesday, December 4th.

Community West Bancshares Stock Performance

CWBC stock traded down $0.26 during trading on Friday, reaching $19.54. The stock had a trading volume of 180,200 shares, compared to its average volume of 50,923. The stock's 50 day moving average is $20.29 and its two-hundred day moving average is $19.45. The firm has a market cap of $370.20 million, a PE ratio of 29.61 and a beta of 0.90. Community West Bancshares has a 52 week low of $15.50 and a 52 week high of $24.47. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19.

Community West Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Friday, November 8th were given a dividend of $0.12 per share. The ex-dividend date was Friday, November 8th. This represents a $0.48 annualized dividend and a yield of 2.46%. Community West Bancshares's dividend payout ratio (DPR) is presently 72.73%.

Insider Buying and Selling at Community West Bancshares

In related news, Director Robert Bartlein bought 2,000 shares of the stock in a transaction dated Friday, November 1st. The shares were purchased at an average price of $18.75 per share, with a total value of $37,500.00. Following the completion of the acquisition, the director now owns 433,876 shares of the company's stock, valued at $8,135,175. This represents a 0.46 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven D. Mcdonald sold 9,155 shares of the company's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $21.51, for a total transaction of $196,924.05. Following the transaction, the director now owns 317,391 shares of the company's stock, valued at approximately $6,827,080.41. This represents a 2.80 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 2,432 shares of company stock valued at $45,616. Company insiders own 11.15% of the company's stock.

Institutional Trading of Community West Bancshares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Fourthstone LLC grew its stake in shares of Community West Bancshares by 8.7% during the third quarter. Fourthstone LLC now owns 1,868,778 shares of the financial services provider's stock valued at $35,993,000 after buying an additional 149,506 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Community West Bancshares by 284.8% in the 2nd quarter. Dimensional Fund Advisors LP now owns 641,347 shares of the financial services provider's stock valued at $11,864,000 after acquiring an additional 474,671 shares during the last quarter. Private Management Group Inc. increased its stake in Community West Bancshares by 5.3% in the second quarter. Private Management Group Inc. now owns 557,479 shares of the financial services provider's stock worth $10,313,000 after purchasing an additional 27,967 shares during the period. Geode Capital Management LLC increased its stake in Community West Bancshares by 6.7% in the third quarter. Geode Capital Management LLC now owns 389,248 shares of the financial services provider's stock worth $7,499,000 after purchasing an additional 24,294 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its position in shares of Community West Bancshares by 198.0% during the second quarter. The Manufacturers Life Insurance Company now owns 365,965 shares of the financial services provider's stock worth $6,770,000 after purchasing an additional 243,165 shares during the last quarter. 33.80% of the stock is owned by hedge funds and other institutional investors.

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.