Community West Bancshares (CWBC) Stock Price, News & Analysis

Company Overview

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. It also provides commercial, commercial real estate, consumer, manufactured housing, and small business administration loans, as well as agricultural loans for real estate and operating lines; home equity lines of credit collateralized by residential real estate; single family real estate loans; and installment loans consisting of automobile and general-purpose loans. The company serves small to medium-sized businesses and their owners, professionals, high-net worth individuals, and non-profit organizations. Community West Bancshares was founded in 1989 and is headquartered in Goleta, California.

Key Stats

• Today's Range: $19.25 to $19.57
• 50-Day Range: $18.52 to $21.43
• 52-Week Range: $13.55 to $24.47
• Volume: 19,834 shs
• Average Volume: 51,116 shs
• Market Capitalization: $363.62 million
• P/E Ratio: 10.20
• Dividend Yield: 2.49%
• Price Target: $20.33
• Consensus Rating: Moderate Buy

Community West Bancshares Stock Analysis - MarketRank™

Community West Bancshares scored higher than 75% of companies evaluated by MarketBeat, and ranked 386th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Community West Bancshares has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Community West Bancshares has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 58.45%

Earnings Growth

Earnings for Community West Bancshares are expected to grow by 58.45% in the coming year, from $1.42 to $2.25 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Community West Bancshares is 10.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.46.

Price to Earnings Ratio vs. Sector

The P/E ratio of Community West Bancshares is 10.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.96.

Price to Book Value per Share Ratio

Community West Bancshares has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.74% of the outstanding shares of Community West Bancshares have been sold short.

Short Interest Ratio / Days to Cover

Community West Bancshares has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Community West Bancshares has recently decreased by 7.50%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Community West Bancshares pays a meaningful dividend of 2.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Community West Bancshares does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Community West Bancshares is 25.40%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Community West Bancshares will have a dividend payout ratio of 21.33% next year. This indicates that Community West Bancshares will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.74% of the outstanding shares of Community West Bancshares have been sold short.

Short Interest Ratio / Days to Cover

Community West Bancshares has a short interest ratio ("days to cover") of 4.9.

Change versus previous month

Short interest in Community West Bancshares has recently decreased by 7.50%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.44

News Sentiment

Community West Bancshares has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Community West Bancshares this week, compared to 1 article on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Community West Bancshares insiders have sold 271.80% more of their company's stock than they have bought. Specifically, they have bought $8,596.00 in company stock and sold $31,960.00 in company stock.

Percentage Held by Insiders

11.15% of the stock of Community West Bancshares is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 33.80% of the stock of Community West Bancshares is held by institutions.

CWBC Stock Analysis - Frequently Asked Questions

How have CWBC shares performed this year?

Community West Bancshares' stock was trading at $17.39 on January 1st, 2024. Since then, CWBC stock has increased by 11.0% and is now trading at $19.31.
View the best growth stocks for 2024 here.

How were Community West Bancshares' earnings last quarter?

Community West Bancshares (NASDAQ:CWBC) posted its quarterly earnings results on Tuesday, July, 23rd. The financial services provider reported $0.41 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.42. The financial services provider earned $30.46 million during the quarter, compared to the consensus estimate of $37.14 million. Community West Bancshares had a net margin of 7.51% and a trailing twelve-month return on equity of 9.99%.

Who are Community West Bancshares' major shareholders?

Top institutional shareholders of Community West Bancshares include Dimensional Fund Advisors LP (3.40%), Private Management Group Inc. (2.95%), PL Capital Advisors LLC (2.26%) and The Manufacturers Life Insurance Company (1.94%). Insiders that own company stock include William R Peeples, Robert Bartlein, Martin E Plourd, Kirk Stovesand, Patrick A Luis, John D Illgen, Anthony Kenneth Ramos, Jeffrey Michael Martin, Suzanne Marie Chadwick, Timothy Joseph Stronks and Dana L Boutain.
View institutional ownership trends.

How do I buy shares of Community West Bancshares?

Shares of CWBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Community West Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Community West Bancshares investors own include Las Vegas Sands (LVS), Energy Transfer (ET), AbbVie (ABBV), Franklin Resources (BEN), CenterPoint Energy (CNP), Dominion Energy (D) and Consolidated Edison (ED).

Company Calendar

• Last Earnings: 7/23/2024
• Ex-Dividend for 8/16 Dividend: 8/02/2024
• Dividend Payable: 8/16/2024
• Today: 9/27/2024
• Next Earnings (Estimated): 10/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:CWBC
• CUSIP: N/A
• CIK: 1051343
• Web: www.communitywest.com
• Phone: (805) 692-5821
• Fax: 805-681-3372
• Employees: 130
• Year Founded: 1989

Price Target and Rating

• Average Stock Price Target: $20.33
• High Stock Price Target: $24.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +5.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.89
• Trailing P/E Ratio: 10.22
• Forward P/E Ratio: 13.60
• P/E Growth: N/A
• Net Income: $25.54 million
• Net Margins: 7.51%
• Pretax Margin: 10.18%
• Return on Equity: 9.99%
• Return on Assets: 0.88%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 0.80
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $46.27 million
• Price / Sales: 7.87
• Cash Flow: $2.80 per share
• Price / Cash Flow: 6.90
• Book Value: $17.52 per share
• Price / Book: 1.10

Miscellaneous

• Outstanding Shares: 18,870,000
• Free Float: 16,766,000
• Market Cap: $364.38 million
• Optionable: Optionable
• Beta: 0.87