Annual Income Statements for Community West Bancshares
This table shows Community West Bancshares' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Community West Bancshares
This table shows Community West Bancshares' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-6.29 |
3.39 |
6.90 |
Consolidated Net Income / (Loss) |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-6.29 |
3.39 |
6.90 |
Net Income / (Loss) Continuing Operations |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-6.29 |
3.39 |
6.90 |
Total Pre-Tax Income |
|
8.35 |
10 |
9.32 |
8.34 |
8.49 |
7.70 |
4.80 |
-7.88 |
4.16 |
9.91 |
Total Revenue |
|
22 |
23 |
23 |
22 |
22 |
22 |
21 |
30 |
31 |
34 |
Net Interest Income / (Expense) |
|
20 |
22 |
22 |
20 |
21 |
20 |
19 |
29 |
30 |
32 |
Total Interest Income |
|
21 |
23 |
24 |
26 |
26 |
26 |
26 |
44 |
45 |
45 |
Loans and Leases Interest Income |
|
15 |
16 |
17 |
17 |
18 |
18 |
18 |
36 |
37 |
38 |
Investment Securities Interest Income |
|
6.24 |
6.96 |
7.29 |
7.23 |
7.29 |
7.22 |
6.90 |
6.72 |
6.33 |
5.92 |
Deposits and Money Market Investments Interest Income |
|
0.05 |
0.23 |
0.08 |
1.37 |
1.48 |
0.65 |
0.43 |
1.08 |
1.54 |
1.31 |
Total Interest Expense |
|
0.83 |
1.35 |
2.56 |
5.78 |
5.94 |
5.71 |
6.55 |
15 |
15 |
13 |
Deposits Interest Expense |
|
0.23 |
0.48 |
1.00 |
4.87 |
5.02 |
4.64 |
5.02 |
12 |
12 |
11 |
Long-Term Debt Interest Expense |
|
0.60 |
0.62 |
1.56 |
0.91 |
0.92 |
0.26 |
1.54 |
2.67 |
2.58 |
-3.12 |
Total Non-Interest Income |
|
1.48 |
0.97 |
1.58 |
1.59 |
1.58 |
2.27 |
1.64 |
1.40 |
1.11 |
2.30 |
Other Service Charges |
|
1.49 |
0.88 |
1.79 |
1.63 |
1.62 |
0.94 |
2.01 |
3.37 |
2.96 |
0.18 |
Net Realized & Unrealized Capital Gains on Investments |
|
-0.01 |
-0.94 |
-0.22 |
-0.04 |
-0.04 |
-0.21 |
-0.37 |
-1.97 |
-1.85 |
0.01 |
Provision for Credit Losses |
|
0.50 |
0.50 |
0.63 |
-0.34 |
0.19 |
-0.17 |
0.58 |
9.83 |
-0.52 |
1.23 |
Total Non-Interest Expense |
|
13 |
12 |
13 |
14 |
13 |
15 |
15 |
29 |
28 |
23 |
Salaries and Employee Benefits |
|
7.50 |
7.42 |
8.03 |
7.98 |
7.47 |
7.88 |
8.64 |
13 |
14 |
13 |
Net Occupancy & Equipment Expense |
|
1.36 |
5.55 |
1.26 |
1.26 |
1.49 |
7.95 |
1.54 |
2.42 |
2.69 |
13 |
Other Operating Expenses |
|
3.94 |
-1.55 |
3.91 |
4.57 |
4.47 |
-2.78 |
5.15 |
13 |
11 |
-13 |
Income Tax Expense |
|
1.96 |
2.68 |
2.35 |
2.06 |
2.10 |
1.80 |
1.13 |
-1.59 |
0.78 |
3.02 |
Basic Earnings per Share |
|
$0.55 |
$0.65 |
$0.60 |
$0.54 |
$0.54 |
$0.49 |
$0.31 |
($0.33) |
$0.18 |
$0.29 |
Weighted Average Basic Shares Outstanding |
|
11.68M |
11.75M |
11.70M |
11.72M |
11.74M |
11.83M |
11.75M |
18.81M |
18.84M |
19.05M |
Diluted Earnings per Share |
|
$0.55 |
$0.65 |
$0.59 |
$0.54 |
$0.54 |
$0.50 |
$0.31 |
($0.33) |
$0.18 |
$0.29 |
Weighted Average Diluted Shares Outstanding |
|
11.69M |
11.75M |
11.73M |
11.74M |
11.76M |
11.83M |
11.79M |
18.94M |
18.97M |
19.05M |
Weighted Average Basic & Diluted Shares Outstanding |
|
11.73M |
11.75M |
11.75M |
11.81M |
11.81M |
11.83M |
18.87M |
18.94M |
18.95M |
19.05M |
Cash Dividends to Common per Share |
|
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
$0.12 |
Annual Cash Flow Statements for Community West Bancshares
This table details how cash moves in and out of Community West Bancshares' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-132 |
23 |
67 |
Net Cash From Operating Activities |
24 |
28 |
22 |
Net Cash From Continuing Operating Activities |
24 |
28 |
22 |
Net Income / (Loss) Continuing Operations |
27 |
26 |
7.67 |
Consolidated Net Income / (Loss) |
27 |
26 |
7.67 |
Provision For Loan Losses |
1.00 |
0.31 |
11 |
Depreciation Expense |
0.76 |
0.89 |
2.21 |
Amortization Expense |
9.14 |
8.68 |
0.03 |
Non-Cash Adjustments to Reconcile Net Income |
-0.01 |
-1.56 |
1.93 |
Changes in Operating Assets and Liabilities, net |
-14 |
-6.33 |
-0.75 |
Net Cash From Investing Activities |
-197 |
25 |
64 |
Net Cash From Continuing Investing Activities |
-197 |
25 |
64 |
Purchase of Property, Leasehold Improvements and Equipment |
-0.36 |
-9.81 |
-5.04 |
Purchase of Investment Securities |
-518 |
-36 |
-56 |
Sale of Property, Leasehold Improvements and Equipment |
0.02 |
3.26 |
0.02 |
Sale and/or Maturity of Investments |
322 |
67 |
126 |
Net Cash From Financing Activities |
41 |
-29 |
-20 |
Net Cash From Continuing Financing Activities |
41 |
-29 |
-20 |
Net Change in Deposits |
-23 |
-58 |
23 |
Issuance of Debt |
2,483 |
3,528 |
972 |
Repayment of Debt |
-2,407 |
-3,494 |
-1,007 |
Repurchase of Common Equity |
-6.81 |
-0.00 |
-0.04 |
Payment of Dividends |
-5.64 |
-5.66 |
-8.23 |
Other Financing Activities, Net |
0.71 |
0.21 |
0.71 |
Cash Interest Paid |
2.83 |
20 |
49 |
Cash Income Taxes Paid |
8.31 |
7.70 |
2.57 |
Quarterly Cash Flow Statements for Community West Bancshares
This table details how cash moves in and out of Community West Bancshares' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
14 |
-10 |
33 |
64 |
-54 |
-21 |
7.23 |
49 |
39 |
-29 |
Net Cash From Operating Activities |
|
8.42 |
9.73 |
11 |
4.94 |
7.96 |
4.09 |
3.98 |
6.32 |
11 |
0.92 |
Net Cash From Continuing Operating Activities |
|
8.42 |
9.73 |
11 |
4.94 |
7.96 |
4.09 |
3.98 |
6.32 |
11 |
0.92 |
Net Income / (Loss) Continuing Operations |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-6.29 |
3.39 |
6.90 |
Consolidated Net Income / (Loss) |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-6.29 |
3.39 |
6.90 |
Provision For Loan Losses |
|
0.50 |
0.50 |
0.63 |
-0.34 |
0.19 |
-0.17 |
0.58 |
9.83 |
-0.52 |
1.22 |
Depreciation Expense |
|
0.18 |
0.17 |
0.16 |
0.15 |
0.14 |
0.44 |
0.38 |
0.56 |
0.59 |
0.68 |
Amortization Expense |
|
2.29 |
1.94 |
2.31 |
2.26 |
2.25 |
1.86 |
1.30 |
0.85 |
-0.98 |
-1.14 |
Non-Cash Adjustments to Reconcile Net Income |
|
-0.21 |
0.23 |
-0.18 |
-0.51 |
-0.55 |
-0.32 |
-0.16 |
1.33 |
1.30 |
-0.53 |
Changes in Operating Assets and Liabilities, net |
|
-0.71 |
-0.75 |
0.65 |
-2.89 |
-0.47 |
-3.62 |
-1.79 |
0.05 |
7.19 |
-6.20 |
Net Cash From Investing Activities |
|
-72 |
-0.29 |
-6.20 |
36 |
-9.22 |
3.67 |
28 |
53 |
-1.84 |
-14 |
Net Cash From Continuing Investing Activities |
|
-72 |
-0.29 |
-6.20 |
36 |
-9.22 |
3.67 |
28 |
53 |
-1.84 |
-14 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.03 |
-0.25 |
-0.21 |
-3.05 |
-1.35 |
-5.20 |
-0.44 |
-0.44 |
-2.53 |
-1.63 |
Purchase of Investment Securities |
|
-88 |
-31 |
-29 |
30 |
-21 |
-16 |
3.70 |
-49 |
-41 |
30 |
Sale and/or Maturity of Investments |
|
17 |
30 |
23 |
9.56 |
11 |
24 |
25 |
43 |
41 |
16 |
Net Cash From Financing Activities |
|
78 |
-20 |
29 |
23 |
-53 |
-29 |
-25 |
-10 |
30 |
-15 |
Net Cash From Continuing Financing Activities |
|
78 |
-20 |
29 |
23 |
-53 |
-29 |
-25 |
-10 |
30 |
-15 |
Net Change in Deposits |
|
33 |
-39 |
76 |
25 |
-51 |
-107 |
-10 |
-5.98 |
52 |
-13 |
Issuance of Debt |
|
962 |
363 |
3,347 |
- |
- |
182 |
331 |
384 |
125 |
133 |
Repayment of Debt |
|
-916 |
-342 |
-3,393 |
- |
- |
-102 |
-344 |
-386 |
-145 |
-133 |
Payment of Dividends |
|
-1.41 |
-1.41 |
-1.41 |
-1.41 |
-1.42 |
-1.42 |
-1.42 |
-2.27 |
-2.27 |
-2.27 |
Other Financing Activities, Net |
|
0.14 |
0.05 |
0.08 |
0.05 |
0.04 |
0.04 |
0.07 |
0.14 |
0.11 |
0.39 |
Cash Interest Paid |
|
0.37 |
1.31 |
2.73 |
5.89 |
5.56 |
5.83 |
5.79 |
13 |
16 |
14 |
Cash Income Taxes Paid |
|
0.70 |
2.70 |
0.00 |
5.40 |
1.30 |
1.00 |
0.00 |
2.38 |
- |
0.19 |
Annual Balance Sheets for Community West Bancshares
This table presents Community West Bancshares' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
2,423 |
2,433 |
3,522 |
Cash and Due from Banks |
25 |
30 |
28 |
Interest Bearing Deposits at Other Banks |
5.69 |
24 |
92 |
Trading Account Securities |
960 |
906 |
785 |
Loans and Leases, Net of Allowance |
-11 |
1,276 |
2,308 |
Accrued Investment Income |
77 |
81 |
113 |
Premises and Equipment, Net |
7.99 |
14 |
24 |
Goodwill |
54 |
54 |
97 |
Intangible Assets |
- |
0.00 |
9.27 |
Other Assets |
47 |
49 |
64 |
Total Liabilities & Shareholders' Equity |
2,423 |
2,433 |
3,522 |
Total Liabilities |
2,248 |
2,226 |
3,159 |
Non-Interest Bearing Deposits |
1,057 |
952 |
981 |
Interest Bearing Deposits |
1,043 |
1,090 |
1,930 |
Accrued Interest Payable |
33 |
35 |
45 |
Long-Term Debt |
116 |
150 |
203 |
Commitments & Contingencies |
0.00 |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
175 |
207 |
363 |
Total Preferred & Common Equity |
175 |
207 |
363 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
175 |
207 |
363 |
Common Stock |
61 |
63 |
208 |
Retained Earnings |
194 |
211 |
210 |
Accumulated Other Comprehensive Income / (Loss) |
-81 |
-66 |
-55 |
Quarterly Balance Sheets for Community West Bancshares
This table presents Community West Bancshares' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
2,426 |
2,464 |
2,490 |
2,435 |
2,416 |
3,485 |
3,531 |
Cash and Due from Banks |
|
33 |
90 |
28 |
28 |
25 |
26 |
44 |
Interest Bearing Deposits at Other Banks |
|
9.04 |
39 |
100 |
47 |
36 |
83 |
105 |
Trading Account Securities |
|
980 |
638 |
930 |
903 |
883 |
840 |
813 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2,232 |
2,272 |
Accrued Investment Income |
|
81 |
79 |
78 |
86 |
83 |
123 |
115 |
Premises and Equipment, Net |
|
7.91 |
8.04 |
11 |
9.70 |
14 |
22 |
24 |
Goodwill |
|
54 |
54 |
54 |
54 |
54 |
96 |
96 |
Other Assets |
|
46 |
47 |
48 |
48 |
49 |
62 |
62 |
Total Liabilities & Shareholders' Equity |
|
2,426 |
2,464 |
2,490 |
2,435 |
2,416 |
3,485 |
3,531 |
Total Liabilities |
|
2,267 |
4,458 |
2,302 |
2,254 |
2,204 |
3,134 |
3,168 |
Non-Interest Bearing Deposits |
|
1,045 |
3,151 |
957 |
991 |
911 |
1,076 |
1,076 |
Interest Bearing Deposits |
|
1,094 |
1,200 |
1,243 |
1,158 |
1,120 |
1,793 |
1,845 |
Accrued Interest Payable |
|
33 |
36 |
32 |
35 |
36 |
45 |
44 |
Long-Term Debt |
|
70 |
70 |
70 |
70 |
70 |
220 |
202 |
Commitments & Contingencies |
|
0.00 |
- |
- |
- |
- |
0.00 |
0.00 |
Total Equity & Noncontrolling Interests |
|
159 |
182 |
187 |
182 |
212 |
350 |
364 |
Total Preferred & Common Equity |
|
159 |
182 |
187 |
182 |
212 |
350 |
364 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
159 |
182 |
187 |
182 |
212 |
350 |
364 |
Common Stock |
|
61 |
62 |
62 |
62 |
63 |
207 |
207 |
Retained Earnings |
|
188 |
196 |
201 |
206 |
213 |
204 |
205 |
Accumulated Other Comprehensive Income / (Loss) |
|
-91 |
-76 |
-76 |
-87 |
-64 |
-61 |
-49 |
Annual Metrics And Ratios for Community West Bancshares
This table displays calculated financial ratios and metrics derived from Community West Bancshares' official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
3.75% |
5.71% |
30.59% |
EBITDA Growth |
-1.26% |
-3.61% |
-69.51% |
EBIT Growth |
-7.57% |
-3.70% |
-67.50% |
NOPAT Growth |
-6.18% |
-4.16% |
-69.98% |
Net Income Growth |
-6.18% |
-4.16% |
-69.98% |
EPS Growth |
-1.73% |
-4.41% |
-79.26% |
Operating Cash Flow Growth |
-44.76% |
16.28% |
-19.34% |
Free Cash Flow Firm Growth |
371.55% |
-273.16% |
-391.41% |
Invested Capital Growth |
1.03% |
22.93% |
58.63% |
Revenue Q/Q Growth |
1.78% |
-0.65% |
11.39% |
EBITDA Q/Q Growth |
4.74% |
-3.18% |
-6.19% |
EBIT Q/Q Growth |
3.19% |
-7.17% |
25.25% |
NOPAT Q/Q Growth |
3.08% |
-6.38% |
15.02% |
Net Income Q/Q Growth |
3.08% |
-6.38% |
15.02% |
EPS Q/Q Growth |
3.65% |
-6.47% |
-31.82% |
Operating Cash Flow Q/Q Growth |
-4.24% |
-18.29% |
-13.59% |
Free Cash Flow Firm Q/Q Growth |
-2.03% |
-240.00% |
34.53% |
Invested Capital Q/Q Growth |
14.56% |
41.95% |
0.02% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
53.22% |
48.53% |
11.33% |
EBIT Margin |
41.53% |
37.83% |
9.42% |
Profit (Net Income) Margin |
31.49% |
28.55% |
6.56% |
Tax Burden Percent |
75.82% |
75.46% |
69.70% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
24.18% |
24.54% |
30.30% |
Return on Invested Capital (ROIC) |
9.23% |
7.89% |
1.66% |
ROIC Less NNEP Spread (ROIC-NNEP) |
9.23% |
7.89% |
1.66% |
Return on Net Nonoperating Assets (RNNOA) |
3.39% |
5.49% |
1.03% |
Return on Equity (ROE) |
12.61% |
13.38% |
2.69% |
Cash Return on Invested Capital (CROIC) |
8.20% |
-12.68% |
-43.68% |
Operating Return on Assets (OROA) |
1.44% |
1.39% |
0.37% |
Return on Assets (ROA) |
1.09% |
1.05% |
0.26% |
Return on Common Equity (ROCE) |
12.61% |
13.38% |
2.69% |
Return on Equity Simple (ROE_SIMPLE) |
15.26% |
12.33% |
2.11% |
Net Operating Profit after Tax (NOPAT) |
27 |
26 |
7.67 |
NOPAT Margin |
31.49% |
28.55% |
6.56% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
47.50% |
49.05% |
58.63% |
Operating Expenses to Revenue |
57.30% |
61.82% |
81.07% |
Earnings before Interest and Taxes (EBIT) |
35 |
34 |
11 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
45 |
43 |
13 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.34 |
1.24 |
1.01 |
Price to Tangible Book Value (P/TBV) |
1.94 |
1.67 |
1.43 |
Price to Revenue (P/Rev) |
2.77 |
2.86 |
3.14 |
Price to Earnings (P/E) |
8.80 |
10.03 |
47.84 |
Dividend Yield |
2.41% |
2.22% |
2.49% |
Earnings Yield |
11.37% |
9.97% |
2.09% |
Enterprise Value to Invested Capital (EV/IC) |
1.10 |
0.99 |
0.79 |
Enterprise Value to Revenue (EV/Rev) |
3.77 |
3.94 |
3.85 |
Enterprise Value to EBITDA (EV/EBITDA) |
7.08 |
8.11 |
33.97 |
Enterprise Value to EBIT (EV/EBIT) |
9.07 |
10.41 |
40.89 |
Enterprise Value to NOPAT (EV/NOPAT) |
11.97 |
13.79 |
58.66 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
13.47 |
12.80 |
20.25 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
13.46 |
0.00 |
0.00 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.66 |
0.72 |
0.56 |
Long-Term Debt to Equity |
0.66 |
0.72 |
0.56 |
Financial Leverage |
0.37 |
0.70 |
0.62 |
Leverage Ratio |
11.53 |
12.72 |
10.45 |
Compound Leverage Factor |
11.53 |
12.72 |
10.45 |
Debt to Total Capital |
39.83% |
41.97% |
35.92% |
Short-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
39.83% |
41.97% |
35.92% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
60.17% |
58.03% |
64.08% |
Debt to EBITDA |
2.57 |
3.45 |
15.36 |
Net Debt to EBITDA |
1.87 |
2.21 |
6.26 |
Long-Term Debt to EBITDA |
2.57 |
3.45 |
15.36 |
Debt to NOPAT |
4.34 |
5.86 |
26.52 |
Net Debt to NOPAT |
3.17 |
3.76 |
10.82 |
Long-Term Debt to NOPAT |
4.34 |
5.86 |
26.52 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
24 |
-41 |
-202 |
Operating Cash Flow to CapEx |
6,822.19% |
420.64% |
442.54% |
Free Cash Flow to Firm to Interest Expense |
6.92 |
-2.05 |
-4.03 |
Operating Cash Flow to Interest Expense |
6.92 |
1.38 |
0.44 |
Operating Cash Flow Less CapEx to Interest Expense |
6.82 |
1.05 |
0.34 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.03 |
0.04 |
0.04 |
Fixed Asset Turnover |
10.34 |
8.12 |
6.07 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
290 |
357 |
566 |
Invested Capital Turnover |
0.29 |
0.28 |
0.25 |
Increase / (Decrease) in Invested Capital |
2.96 |
67 |
209 |
Enterprise Value (EV) |
319 |
352 |
450 |
Market Capitalization |
234 |
256 |
367 |
Book Value per Share |
$14.89 |
$17.53 |
$19.14 |
Tangible Book Value per Share |
$10.30 |
$12.97 |
$13.54 |
Total Capital |
290 |
357 |
566 |
Total Debt |
116 |
150 |
203 |
Total Long-Term Debt |
116 |
150 |
203 |
Net Debt |
84 |
96 |
83 |
Capital Expenditures (CapEx) |
0.35 |
6.54 |
5.02 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
116 |
150 |
203 |
Total Depreciation and Amortization (D&A) |
9.90 |
9.57 |
2.24 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$2.27 |
$0.00 |
$0.45 |
Adjusted Weighted Average Basic Shares Outstanding |
11.75M |
0.00 |
19.05M |
Adjusted Diluted Earnings per Share |
$2.27 |
$0.00 |
$0.45 |
Adjusted Weighted Average Diluted Shares Outstanding |
11.75M |
0.00 |
19.05M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
11.75M |
0.00 |
19.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
27 |
26 |
14 |
Normalized NOPAT Margin |
31.49% |
29.55% |
12.30% |
Pre Tax Income Margin |
41.53% |
37.83% |
9.42% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
10.27 |
1.69 |
0.22 |
NOPAT to Interest Expense |
7.79 |
1.28 |
0.15 |
EBIT Less CapEx to Interest Expense |
10.17 |
1.37 |
0.12 |
NOPAT Less CapEx to Interest Expense |
7.69 |
0.95 |
0.05 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
21.16% |
22.15% |
107.36% |
Augmented Payout Ratio |
46.73% |
22.16% |
107.85% |
Quarterly Metrics And Ratios for Community West Bancshares
This table displays calculated financial ratios and metrics derived from Community West Bancshares' official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
6.32% |
6.87% |
19.17% |
5.92% |
2.15% |
-2.53% |
-10.57% |
39.72% |
41.65% |
53.36% |
EBITDA Growth |
|
-3.36% |
19.64% |
12.11% |
-4.84% |
0.65% |
-19.51% |
-44.97% |
-160.20% |
-65.34% |
-5.48% |
EBIT Growth |
|
-5.12% |
11.76% |
16.68% |
-1.88% |
1.70% |
-25.36% |
-48.48% |
-194.48% |
-50.99% |
28.80% |
NOPAT Growth |
|
-2.10% |
11.63% |
14.53% |
-3.97% |
0.09% |
-22.78% |
-47.26% |
-187.77% |
-47.03% |
16.98% |
Net Income Growth |
|
-2.10% |
11.63% |
14.53% |
-3.97% |
0.09% |
-22.78% |
-47.26% |
-200.13% |
-47.03% |
16.98% |
EPS Growth |
|
1.85% |
14.04% |
15.69% |
-3.57% |
-1.82% |
-23.08% |
-47.46% |
-161.11% |
-66.67% |
-42.00% |
Operating Cash Flow Growth |
|
95.63% |
-9.72% |
1,758.58% |
-19.76% |
-5.43% |
-57.96% |
-62.19% |
27.96% |
37.79% |
-77.41% |
Free Cash Flow Firm Growth |
|
210.90% |
115.43% |
9,756.77% |
-172.51% |
78.54% |
-1,397.99% |
-204.93% |
-908.59% |
-3,800.00% |
-233.55% |
Invested Capital Growth |
|
0.67% |
1.03% |
-932.39% |
17.31% |
-0.80% |
22.93% |
118.11% |
122.03% |
125.13% |
58.63% |
Revenue Q/Q Growth |
|
5.17% |
6.10% |
0.83% |
-5.86% |
1.43% |
1.24% |
-7.48% |
47.07% |
2.83% |
9.60% |
EBITDA Q/Q Growth |
|
-4.22% |
14.85% |
3.15% |
-8.79% |
1.29% |
-8.15% |
-37.19% |
-199.77% |
158.32% |
150.46% |
EBIT Q/Q Growth |
|
-1.78% |
23.56% |
-9.64% |
-10.53% |
1.81% |
-9.32% |
-37.63% |
-264.07% |
152.81% |
138.32% |
NOPAT Q/Q Growth |
|
-2.42% |
19.56% |
-8.69% |
-9.87% |
1.72% |
-7.76% |
-37.63% |
-250.00% |
161.39% |
103.69% |
Net Income Q/Q Growth |
|
-2.42% |
19.56% |
-8.69% |
-9.87% |
1.72% |
-7.76% |
-37.63% |
-271.11% |
153.82% |
103.69% |
EPS Q/Q Growth |
|
-1.79% |
18.18% |
-9.23% |
-8.47% |
0.00% |
-7.41% |
-38.00% |
-206.45% |
154.55% |
61.11% |
Operating Cash Flow Q/Q Growth |
|
36.71% |
15.55% |
2.75% |
-53.08% |
61.13% |
-48.64% |
-9.81% |
58.81% |
73.50% |
-91.58% |
Free Cash Flow Firm Q/Q Growth |
|
-89.21% |
-0.79% |
46,169.63% |
-101.46% |
126.57% |
-821.31% |
-3,640.63% |
85.93% |
2.52% |
34.98% |
Invested Capital Q/Q Growth |
|
15.64% |
14.56% |
-762.88% |
113.36% |
-2.21% |
41.95% |
-2.33% |
63.76% |
-0.84% |
0.02% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
49.97% |
54.09% |
50.88% |
49.30% |
49.23% |
44.67% |
31.31% |
-21.24% |
12.05% |
27.53% |
EBIT Margin |
|
38.56% |
44.90% |
40.24% |
38.24% |
38.39% |
34.39% |
23.18% |
-25.86% |
13.28% |
28.88% |
Profit (Net Income) Margin |
|
29.50% |
33.24% |
30.10% |
28.82% |
28.90% |
26.33% |
17.75% |
-20.65% |
10.81% |
20.09% |
Tax Burden Percent |
|
76.49% |
74.02% |
74.80% |
75.35% |
75.28% |
76.58% |
76.57% |
79.85% |
81.37% |
69.55% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
23.51% |
25.98% |
25.20% |
24.65% |
24.72% |
23.42% |
23.43% |
0.00% |
18.63% |
30.45% |
Return on Invested Capital (ROIC) |
|
9.71% |
9.74% |
0.00% |
10.84% |
10.31% |
7.28% |
0.00% |
-4.18% |
2.77% |
5.09% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
9.71% |
9.74% |
0.00% |
10.84% |
10.31% |
7.28% |
0.00% |
-4.72% |
2.77% |
5.09% |
Return on Net Nonoperating Assets (RNNOA) |
|
2.39% |
3.57% |
0.00% |
3.59% |
4.97% |
5.06% |
0.00% |
-2.55% |
1.38% |
3.15% |
Return on Equity (ROE) |
|
12.10% |
13.31% |
14.73% |
14.43% |
15.28% |
12.34% |
11.30% |
-6.73% |
4.16% |
8.24% |
Cash Return on Invested Capital (CROIC) |
|
9.57% |
8.20% |
0.00% |
-4.48% |
11.61% |
-12.68% |
-645.72% |
-73.45% |
-75.34% |
-43.68% |
Operating Return on Assets (OROA) |
|
1.34% |
1.56% |
1.45% |
1.41% |
1.42% |
1.27% |
0.83% |
-0.83% |
0.47% |
1.13% |
Return on Assets (ROA) |
|
1.03% |
1.15% |
1.09% |
1.07% |
1.07% |
0.97% |
0.63% |
-0.66% |
0.38% |
0.79% |
Return on Common Equity (ROCE) |
|
12.10% |
13.31% |
14.73% |
14.43% |
15.28% |
12.34% |
11.30% |
-6.73% |
4.16% |
8.24% |
Return on Equity Simple (ROE_SIMPLE) |
|
16.28% |
0.00% |
15.12% |
14.55% |
15.02% |
0.00% |
10.51% |
2.76% |
1.83% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-5.51 |
3.39 |
6.90 |
NOPAT Margin |
|
29.50% |
33.24% |
30.10% |
28.82% |
28.90% |
26.33% |
17.75% |
-18.10% |
10.81% |
20.09% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.54% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
40.95% |
56.47% |
40.13% |
42.39% |
40.54% |
70.74% |
49.16% |
52.12% |
52.35% |
73.37% |
Operating Expenses to Revenue |
|
59.15% |
52.92% |
57.03% |
63.33% |
60.77% |
66.36% |
74.04% |
93.58% |
88.37% |
67.55% |
Earnings before Interest and Taxes (EBIT) |
|
8.35 |
10 |
9.32 |
8.34 |
8.49 |
7.70 |
4.80 |
-7.88 |
4.16 |
9.91 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
11 |
12 |
12 |
11 |
11 |
10.00 |
6.48 |
-6.47 |
3.77 |
9.45 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.22 |
1.34 |
1.25 |
0.92 |
0.88 |
1.24 |
1.08 |
0.98 |
0.99 |
1.01 |
Price to Tangible Book Value (P/TBV) |
|
1.85 |
1.94 |
1.78 |
1.30 |
1.25 |
1.67 |
1.45 |
1.35 |
1.35 |
1.43 |
Price to Revenue (P/Rev) |
|
2.33 |
2.77 |
2.59 |
1.93 |
1.77 |
2.86 |
2.63 |
3.60 |
3.44 |
3.14 |
Price to Earnings (P/E) |
|
7.49 |
8.80 |
8.30 |
6.35 |
5.85 |
10.03 |
10.28 |
35.57 |
54.14 |
47.84 |
Dividend Yield |
|
0.00% |
2.41% |
0.00% |
0.00% |
0.00% |
2.22% |
0.00% |
0.66% |
1.26% |
2.49% |
Earnings Yield |
|
13.35% |
11.37% |
12.05% |
15.75% |
17.10% |
9.97% |
9.73% |
2.81% |
1.85% |
2.09% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.97 |
1.10 |
0.00 |
0.44 |
0.62 |
0.99 |
0.87 |
0.80 |
0.73 |
0.79 |
Enterprise Value to Revenue (EV/Rev) |
|
2.97 |
3.77 |
1.92 |
1.27 |
1.72 |
3.94 |
3.50 |
4.75 |
3.95 |
3.85 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
5.74 |
7.08 |
3.74 |
2.55 |
3.45 |
8.11 |
7.92 |
21.43 |
29.35 |
33.97 |
Enterprise Value to EBIT (EV/EBIT) |
|
7.24 |
9.07 |
4.65 |
3.14 |
4.24 |
10.41 |
10.38 |
34.69 |
47.17 |
40.89 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
9.54 |
11.97 |
6.16 |
4.19 |
5.67 |
13.79 |
13.69 |
47.03 |
62.14 |
58.66 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
9.98 |
13.47 |
4.79 |
3.34 |
4.59 |
12.80 |
14.29 |
20.05 |
16.12 |
20.25 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
10.20 |
13.46 |
0.08 |
0.00 |
5.28 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.60 |
0.66 |
0.38 |
0.37 |
0.38 |
0.72 |
0.65 |
0.63 |
0.56 |
0.56 |
Long-Term Debt to Equity |
|
0.44 |
0.66 |
0.38 |
0.37 |
0.38 |
0.72 |
0.33 |
0.63 |
0.56 |
0.56 |
Financial Leverage |
|
0.25 |
0.37 |
-5.53 |
0.33 |
0.48 |
0.70 |
-5.00 |
0.54 |
0.50 |
0.62 |
Leverage Ratio |
|
11.78 |
11.53 |
13.08 |
13.54 |
14.28 |
12.72 |
12.39 |
11.11 |
10.94 |
10.45 |
Compound Leverage Factor |
|
11.78 |
11.53 |
13.08 |
13.54 |
14.28 |
12.72 |
12.39 |
11.11 |
10.94 |
10.45 |
Debt to Total Capital |
|
37.32% |
39.83% |
27.67% |
27.11% |
27.73% |
41.97% |
39.25% |
38.63% |
35.76% |
35.92% |
Short-Term Debt to Total Capital |
|
9.87% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
19.23% |
0.00% |
0.00% |
0.00% |
Long-Term Debt to Total Capital |
|
27.45% |
39.83% |
27.67% |
27.11% |
27.73% |
41.97% |
20.02% |
38.63% |
35.76% |
35.92% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
62.68% |
60.17% |
72.33% |
72.89% |
72.27% |
58.03% |
60.75% |
61.37% |
64.24% |
64.08% |
Debt to EBITDA |
|
2.20 |
2.57 |
1.54 |
1.56 |
1.55 |
3.45 |
3.56 |
10.39 |
14.34 |
15.36 |
Net Debt to EBITDA |
|
1.23 |
1.87 |
-1.30 |
-1.32 |
-0.11 |
2.21 |
1.97 |
5.22 |
3.78 |
6.26 |
Long-Term Debt to EBITDA |
|
1.62 |
2.57 |
1.54 |
1.56 |
1.55 |
3.45 |
1.82 |
10.39 |
14.34 |
15.36 |
Debt to NOPAT |
|
3.66 |
4.34 |
2.53 |
2.56 |
2.56 |
5.86 |
6.15 |
22.80 |
30.36 |
26.52 |
Net Debt to NOPAT |
|
2.05 |
3.17 |
-2.14 |
-2.16 |
-0.18 |
3.76 |
3.41 |
11.46 |
8.00 |
10.82 |
Long-Term Debt to NOPAT |
|
2.69 |
4.34 |
2.53 |
2.56 |
2.56 |
5.86 |
3.14 |
22.80 |
30.36 |
26.52 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
4.71 |
4.67 |
2,162 |
-32 |
8.41 |
-61 |
-2,269 |
-319 |
-311 |
-202 |
Operating Cash Flow to CapEx |
|
27,161.29% |
4,193.53% |
5,015.24% |
161.87% |
591.60% |
92.87% |
902.95% |
1,440.55% |
432.99% |
56.86% |
Free Cash Flow to Firm to Interest Expense |
|
5.69 |
3.45 |
843.94 |
-5.47 |
1.42 |
-10.63 |
-346.18 |
-21.36 |
-20.64 |
-15.04 |
Operating Cash Flow to Interest Expense |
|
10.17 |
7.19 |
4.11 |
0.85 |
1.34 |
0.72 |
0.61 |
0.42 |
0.73 |
0.07 |
Operating Cash Flow Less CapEx to Interest Expense |
|
10.13 |
7.01 |
4.03 |
0.33 |
1.11 |
-0.06 |
0.54 |
0.39 |
0.56 |
-0.05 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.03 |
0.04 |
0.04 |
0.04 |
0.04 |
0.04 |
0.03 |
0.04 |
0.04 |
Fixed Asset Turnover |
|
10.18 |
10.34 |
10.89 |
9.43 |
10.22 |
8.12 |
7.86 |
5.85 |
6.31 |
6.07 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
253 |
290 |
-1,924 |
257 |
251 |
357 |
348 |
571 |
566 |
566 |
Invested Capital Turnover |
|
0.33 |
0.29 |
-0.10 |
0.38 |
0.36 |
0.28 |
-0.11 |
0.23 |
0.26 |
0.25 |
Increase / (Decrease) in Invested Capital |
|
1.67 |
2.96 |
-2,155 |
38 |
-2.02 |
67 |
2,273 |
314 |
315 |
209 |
Enterprise Value (EV) |
|
247 |
319 |
170 |
114 |
155 |
352 |
304 |
455 |
414 |
450 |
Market Capitalization |
|
194 |
234 |
228 |
173 |
159 |
256 |
229 |
344 |
361 |
367 |
Book Value per Share |
|
$13.55 |
$14.89 |
$15.49 |
$15.94 |
$15.38 |
$17.53 |
$17.89 |
$18.56 |
$19.19 |
$19.14 |
Tangible Book Value per Share |
|
$8.95 |
$10.30 |
$10.91 |
$11.36 |
$10.83 |
$12.97 |
$13.35 |
$13.45 |
$14.10 |
$13.54 |
Total Capital |
|
253 |
290 |
252 |
257 |
251 |
357 |
348 |
571 |
566 |
566 |
Total Debt |
|
95 |
116 |
70 |
70 |
70 |
150 |
137 |
220 |
202 |
203 |
Total Long-Term Debt |
|
70 |
116 |
70 |
70 |
70 |
150 |
70 |
220 |
202 |
203 |
Net Debt |
|
53 |
84 |
-59 |
-59 |
-4.87 |
96 |
76 |
111 |
53 |
83 |
Capital Expenditures (CapEx) |
|
0.03 |
0.23 |
0.21 |
3.05 |
1.35 |
4.40 |
0.44 |
0.44 |
2.53 |
1.63 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.78 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
95 |
116 |
-2,106 |
70 |
70 |
150 |
137 |
220 |
202 |
203 |
Total Depreciation and Amortization (D&A) |
|
2.47 |
2.11 |
2.46 |
2.41 |
2.40 |
2.30 |
1.68 |
1.41 |
-0.39 |
-0.46 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$0.55 |
$0.65 |
$0.60 |
$0.54 |
$0.54 |
$0.49 |
$0.31 |
($0.33) |
$0.18 |
$0.29 |
Adjusted Weighted Average Basic Shares Outstanding |
|
11.68M |
11.75M |
11.70M |
11.72M |
11.74M |
11.83M |
11.75M |
18.81M |
18.84M |
19.05M |
Adjusted Diluted Earnings per Share |
|
$0.55 |
$0.65 |
$0.59 |
$0.54 |
$0.54 |
$0.50 |
$0.31 |
($0.33) |
$0.18 |
$0.29 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
11.69M |
11.75M |
11.73M |
11.74M |
11.76M |
11.83M |
11.79M |
18.94M |
18.97M |
19.05M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
11.73M |
11.75M |
11.75M |
11.81M |
11.81M |
11.83M |
18.87M |
18.94M |
18.95M |
19.05M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
6.38 |
7.63 |
6.97 |
6.28 |
6.39 |
5.89 |
3.68 |
-5.51 |
3.39 |
6.90 |
Normalized NOPAT Margin |
|
29.50% |
33.24% |
30.10% |
28.82% |
28.90% |
26.33% |
17.75% |
-18.10% |
10.81% |
20.09% |
Pre Tax Income Margin |
|
38.56% |
44.90% |
40.24% |
38.24% |
38.39% |
34.39% |
23.18% |
-25.86% |
13.28% |
28.88% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
10.08 |
7.62 |
3.64 |
1.44 |
1.43 |
1.35 |
0.73 |
-0.53 |
0.28 |
0.74 |
NOPAT to Interest Expense |
|
7.71 |
5.64 |
2.72 |
1.09 |
1.08 |
1.03 |
0.56 |
-0.37 |
0.22 |
0.51 |
EBIT Less CapEx to Interest Expense |
|
10.04 |
7.44 |
3.56 |
0.91 |
1.20 |
0.58 |
0.67 |
-0.56 |
0.11 |
0.62 |
NOPAT Less CapEx to Interest Expense |
|
7.67 |
5.47 |
2.64 |
0.56 |
0.85 |
0.26 |
0.49 |
-0.40 |
0.06 |
0.39 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
21.93% |
21.16% |
20.43% |
20.66% |
20.70% |
22.15% |
25.47% |
67.43% |
110.67% |
107.36% |
Augmented Payout Ratio |
|
54.55% |
46.73% |
28.88% |
20.67% |
20.70% |
22.16% |
25.48% |
67.62% |
111.24% |
107.85% |
Key Financial Trends
Community West Bancshares (NASDAQ: CWBC) has demonstrated some notable financial trends over the past four years, with a focus on quarterly performance through Q4 2024. Here's an analysis of key financial metrics and movements that retail investors should consider:
- Net Interest Income steadily increased, reaching about $32 million in Q4 2024, up from roughly $20 million in Q4 2022, showing improved core banking profitability.
- Net Income attributable to common shareholders saw a strong rebound, with $6.9 million in Q4 2024 from a low point of losses in mid-2024 and positive results in previous years, indicating a recovery in earnings.
- Basic and diluted earnings per share (EPS) improved to $0.29 in Q4 2024 compared to $0.49-$0.65 in 2022 and 2023, reflecting oscillations but an overall improvement from the negative EPS in Q2 2024.
- Total assets have grown over the years, reaching over $3.5 billion by Q3 2024, signifying expansion of the bank’s asset base and lending capacity.
- The company maintained a consistent quarterly dividend payout of $0.12 per share through 2022-2024, attractive for income-focused investors.
- Provision for Credit Losses fluctuated significantly, with a large expense of $9.8 million in Q2 2024 causing a net loss, but improvements since then, highlighting credit risk volatility.
- Non-interest income varied quarter to quarter, including realized and unrealized capital gains/losses on investments, which contributed somewhat unpredictably to overall revenue.
- Net cash flows from operating activities have been positive overall but with sizable variations, reflecting changing working capital and loan loss provisions.
- Investment securities and property purchases indicate ongoing capital deployment but with periodic large purchases and sales that add variability.
- Long-term debt levels increased modestly over time, with repayments roughly matching issuances, maintaining a relatively stable debt position.
- The company posted a net loss of approximately $6.3 million in Q2 2024 due to heavy credit loss provisioning, marking a challenging period for earnings quality.
- Non-interest expenses, particularly salaries, employee benefits, and occupancy costs, rose in some quarters, peaking above $27 million in Q3 2024, pressuring operating margins.
- Cash and equivalents experienced large swings, including a net decline of $28.6 million in Q4 2024, which could impact liquidity management.
- Total common equity increased but was impacted by accumulated other comprehensive losses, which stood at minus $49 million in Q3 2024, reflecting some unrealized losses or valuation pressures.
- Volatility in investment securities’ gains and losses, including unrealized capital losses in several quarters, introduces risks to earnings consistency.
Overall, Community West Bancshares is showing recovery with growing net interest income and profitability returning to positive territory by Q4 2024 after mid-year losses due to credit provisioning. The company’s expansion in assets and stable dividends are positives, but investors should watch credit loss trends and expense management closely as these remain areas of risk.
08/25/25 10:51 PMAI Generated. May Contain Errors.