DA Davidson Has Pessimistic Outlook of CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC - Free Report) - Analysts at DA Davidson cut their FY2025 earnings per share estimates for shares of Community West Bancshares in a note issued to 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.

A number of other analysts also recently commented on the company. Keefe, Bruyette & Woods dropped their price objective on Community West Bancshares from $24.00 to $22.00 and set a "market perform" rating for the company in a report on Friday, January 24th. StockNews.com upgraded Community West Bancshares from a "sell" rating to a "hold" rating in a report on Monday, January 27th.

Community West Bancshares Trading Up 5.9 %

Shares of CWBC traded up $0.98 during mid-day trading on Friday, hitting $17.47. The company had a trading volume of 20,324 shares, compared to its average volume of 52,250. Community West Bancshares has a 1-year low of $16.05 and a 1-year high of $22.89. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.19. The business's 50-day simple moving average is $18.51 and its 200-day simple moving average is $19.24. The stock has a market cap of $332.82 million, a PE ratio of 33.60 and a beta of 0.78.

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Community West Bancshares (NASDAQ:CWBC - Get Free Report) last issued its quarterly earnings results 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 return on equity of 7.90% and a net margin of 4.59%.

Community West Bancshares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 21st. Shareholders of record on Friday, February 7th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date was Friday, February 7th. Community West Bancshares's dividend payout ratio is presently 92.31%.

Insider Transactions at Community West Bancshares

In other Community West Bancshares news, CEO James J. Kim bought 1,600 shares of the stock in a transaction dated Friday, February 28th. The stock was bought at an average cost of $17.36 per share, for a total transaction of $27,776.00. Following the completion of the purchase, the chief executive officer now directly owns 60,178 shares of the company's stock, valued at approximately $1,044,690.08. The trade was a 2.73 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Martin E. Plourd sold 7,732 shares of Community West Bancshares stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $19.26, for a total value of $148,918.32. Following the sale, the president now directly owns 82,737 shares in the company, valued at approximately $1,593,514.62. The trade was a 8.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders purchased 5,805 shares of company stock valued at $104,788 over the last quarter. Company insiders own 11.15% of the company's stock.

Institutional Investors Weigh In On Community West Bancshares

Hedge funds have recently bought and sold shares of the business. PL Capital Advisors LLC boosted its stake in shares of Community West Bancshares by 1,837.0% during the 4th 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 last quarter. Dimensional Fund Advisors LP boosted its stake in Community West Bancshares by 5.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 689,624 shares of the financial services provider's stock valued at $13,358,000 after acquiring an additional 35,509 shares during the last quarter. Geode Capital Management LLC grew its holdings in Community West Bancshares by 6.7% during the 3rd quarter. Geode Capital Management LLC now owns 389,248 shares of the financial services provider's stock worth $7,499,000 after acquiring an additional 24,294 shares in the last quarter. Systematic Financial Management LP increased its position in shares of Community West Bancshares by 2.5% in the 4th quarter. Systematic Financial Management LP now owns 300,035 shares of the financial services provider's stock worth $5,812,000 after purchasing an additional 7,225 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Community West Bancshares by 12.9% in the 3rd quarter. State Street Corp now owns 251,944 shares of the financial services provider's stock valued at $4,852,000 after purchasing an additional 28,695 shares in the last quarter. Institutional investors and hedge funds own 33.80% of the company's stock.

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.