Community West Bancshares (NASDAQ:CWBC – Free Report) – Research analysts at DA Davidson reduced their FY2025 EPS estimates for shares of Community West Bancshares in a report issued on Thursday, December 19th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will earn $2.07 per share for the year, down from their prior estimate of $2.11. The consensus estimate for Community West Bancshares’ current full-year earnings is $1.61 per share.
Separately, Keefe, Bruyette & Woods raised their target price on Community West Bancshares from $21.00 to $24.00 and gave the company a “market perform” rating in a research report on Wednesday, December 4th.
Community West Bancshares Stock Performance
Shares of NASDAQ:CWBC opened at $19.54 on Friday. The company has a market cap of $370.20 million, a P/E ratio of 29.61 and a beta of 0.90. The business’s 50-day simple moving average is $20.31 and its 200 day simple moving average is $19.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 0.82. Community West Bancshares has a one year low of $15.50 and a one year high of $24.47.
Community West Bancshares Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.48 annualized dividend and a dividend yield of 2.46%. Community West Bancshares’s dividend payout ratio (DPR) is presently 72.73%.
Insider Activity
In other Community West Bancshares news, Director Steven D. Mcdonald sold 9,155 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $21.51, for a total transaction of $196,924.05. Following the completion of the sale, the director now directly owns 317,391 shares in the company, valued at $6,827,080.41. This represents a 2.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert Bartlein acquired 2,000 shares of the business’s stock in a transaction that occurred on Friday, November 1st. The shares were acquired at an average cost of $18.75 per share, with a total value of $37,500.00. Following the transaction, the director now directly owns 433,876 shares in the company, valued at $8,135,175. The trade was a 0.46 % increase in their position. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 2,432 shares of company stock valued at $45,616. Insiders own 11.15% of the company’s stock.
Institutional Trading of Community West Bancshares
A number of hedge funds have recently bought and sold shares of CWBC. Fourthstone LLC raised its position 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 lifted its position in Community West Bancshares by 284.8% in the second quarter. Dimensional Fund Advisors LP now owns 641,347 shares of the financial services provider’s stock worth $11,864,000 after purchasing an additional 474,671 shares during the period. Private Management Group Inc. boosted its stake in Community West Bancshares by 5.3% during the second quarter. Private Management Group Inc. now owns 557,479 shares of the financial services provider’s stock worth $10,313,000 after buying an additional 27,967 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Community West Bancshares by 6.7% in the 3rd quarter. Geode Capital Management LLC now owns 389,248 shares of the financial services provider’s stock valued at $7,499,000 after buying an additional 24,294 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Community West Bancshares by 198.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 365,965 shares of the financial services provider’s stock worth $6,770,000 after acquiring an additional 243,165 shares during the period. 33.80% of the stock is owned by 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.
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