DA Davidson Has Optimistic Outlook of CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC) – Equities research analysts at DA Davidson upped their FY2025 earnings estimates for shares of Community West Bancshares in a report issued on Tuesday, January 28th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $2.20 per share for the year, up from their previous estimate of $2.07. DA Davidson currently has a “Buy” rating and a $24.00 target price on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $1.61 per share.

Other equities research analysts have also issued research reports about the stock. StockNews.com upgraded shares of Community West Bancshares from a “sell” rating to a “hold” rating in a research note on Monday. Keefe, Bruyette & Woods cut their target price on Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating on the stock in a research note on Friday, January 24th.

Community West Bancshares Price Performance

Shares of CWBC opened at $19.39 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $367.44 million, a P/E ratio of 29.38 and a beta of 0.92. Community West Bancshares has a 12 month low of $15.50 and a 12 month high of $24.47. The stock has a fifty day moving average price of $20.09 and a 200 day moving average price of $19.75.

Community West Bancshares (NASDAQ:CWBC) last announced its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). Community West Bancshares had a return on equity of 8.14% and a net margin of 4.53%.

Community West Bancshares Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Friday, February 7th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Friday, February 7th. Community West Bancshares’s dividend payout ratio is presently 72.73%.

Insider Buying and Selling

In related news, Director Steven D. Mcdonald sold 1,860 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $21.51, for a total transaction of $40,008.60. Following the transaction, the director now directly owns 315,531 shares of the company’s stock, valued at approximately $6,787,071.81. The trade was a 0.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert Bartlein purchased 2,000 shares of Community West Bancshares stock in a transaction dated Friday, November 1st. The stock was bought at an average cost of $18.75 per share, with a total value of $37,500.00. Following the completion of the transaction, the director now directly 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 disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 2,432 shares of company stock worth $45,616. Corporate insiders own 11.15% of the company’s stock.

Hedge Funds Weigh In On Community West Bancshares

Several institutional investors and hedge funds have recently modified their holdings of CWBC. Spire Wealth Management bought a new position in Community West Bancshares during the fourth quarter valued at approximately $27,000. Kestra Private Wealth Services LLC boosted its holdings in Community West Bancshares by 7.2% in the fourth quarter. Kestra Private Wealth Services LLC now owns 23,890 shares of the financial services provider’s stock worth $463,000 after purchasing an additional 1,598 shares in the last quarter. Empowered Funds LLC raised its holdings in Community West Bancshares by 5.4% during the third quarter. Empowered Funds LLC now owns 76,458 shares of the financial services provider’s stock valued at $1,473,000 after buying an additional 3,886 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of Community West Bancshares in the third quarter worth about $132,000. Finally, Barclays PLC boosted its stake in shares of Community West Bancshares by 228.5% during 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. 33.80% of the stock is currently owned by hedge funds and other institutional investors.

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.