DA Davidson Has Negative Outlook of CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC - Free Report) - DA Davidson cut their FY2025 EPS estimates for Community West Bancshares in a research report issued on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will earn $1.95 per share for the year, down from their previous estimate of $1.97. The consensus estimate for Community West Bancshares' current full-year earnings is $2.15 per share. DA Davidson also issued estimates for Community West Bancshares' FY2026 earnings at $2.09 EPS.

Community West Bancshares (NASDAQ:CWBC - Get Free Report) last released its earnings results on Monday, April 21st. The financial services provider reported $0.45 earnings per share for the quarter, missing analysts' consensus estimates of $0.47 by ($0.02). Community West Bancshares had a net margin of 6.56% and a return on equity of 8.06%. The company had revenue of $34.79 million during the quarter, compared to analysts' expectations of $35.05 million.

CWBC has been the subject of several other reports. Keefe, Bruyette & Woods reduced their price objective on Community West Bancshares from $21.00 to $19.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Piper Sandler dropped their price target on Community West Bancshares from $22.00 to $19.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd.

Community West Bancshares Stock Performance

Shares of NASDAQ:CWBC traded up $0.29 during mid-day trading on Monday, reaching $19.51. The company had a trading volume of 151,949 shares, compared to its average volume of 52,236. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.19. The firm has a market cap of $371.86 million, a price-to-earnings ratio of 30.02 and a beta of 0.75. The company's 50-day moving average price is $18.00 and its 200-day moving average price is $18.36. Community West Bancshares has a one year low of $15.57 and a one year high of $22.89.

Community West Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 16th. Investors of record on Friday, May 2nd were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date was Friday, May 2nd. Community West Bancshares's payout ratio is currently 73.85%.

Insider Activity at Community West Bancshares

In other Community West Bancshares news, Director Robert Bartlein acquired 2,001 shares of Community West Bancshares stock in a transaction that occurred on Monday, April 28th. The stock was acquired at an average cost of $17.19 per share, for a total transaction of $34,397.19. Following the purchase, the director owned 440,877 shares of the company's stock, valued at approximately $7,578,675.63. This represents a 0.46% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have purchased 4,368 shares of company stock worth $74,935. Corporate insiders own 10.57% of the company's stock.

Hedge Funds Weigh In On Community West Bancshares

A number of large investors have recently made changes to their positions in the stock. Rhumbline Advisers raised its stake in shares of Community West Bancshares by 12.8% during the 4th quarter. Rhumbline Advisers now owns 21,387 shares of the financial services provider's stock valued at $414,000 after purchasing an additional 2,430 shares during the period. US Bancorp DE purchased a new position in Community West Bancshares during the 4th quarter valued at about $56,000. Charles Schwab Investment Management Inc. increased its position in shares of Community West Bancshares by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 48,419 shares of the financial services provider's stock valued at $938,000 after buying an additional 1,623 shares during the period. Victory Capital Management Inc. increased its position in shares of Community West Bancshares by 24.1% during the fourth quarter. Victory Capital Management Inc. now owns 54,600 shares of the financial services provider's stock valued at $1,058,000 after buying an additional 10,600 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Community West Bancshares in the fourth quarter worth about $725,000. 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.