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) demonstrated a mixed financial performance across the last four years with notable trends emerging in income, expenses, and cash flows into the end of 2024.
- Net interest income showed a generally upward trend, increasing from about $21.58 million in Q1 2023 to $32.02 million in Q4 2024, indicating growth in core banking revenues.
- Net income recovered significantly from a loss of $6.29 million in Q2 2024 to a profit of $6.90 million in Q4 2024, showing strong turnaround in profitability within the year.
- Loan and lease interest income steadily increased from $16.16 million in Q4 2022 to over $38.2 million in Q4 2024, indicating expansion in lending or improved loan portfolio yields.
- Total assets grew from $2.43 billion (Q3 2023) to above $3.53 billion (Q3 2024), reflecting balance sheet expansion potentially leading to higher revenue generation capacity.
- Consistent cash dividend payouts of $0.12 per share each quarter indicate stable shareholder return policies despite earnings volatility.
- The weighted average shares outstanding remain relatively stable around 19 million shares in recent quarters, suggesting limited dilution from equity issuance.
- Provision for credit losses spiked dramatically to nearly $9.8 million in Q2 2024, contributing directly to the significant quarterly loss in that period, although it normalized in later periods.
- Total non-interest expenses remain elevated, fluctuating between approximately $15 million and $27 million quarterly, with certain quarters showing unusually high other operating expenses (negative values indicating reversals or adjustments).
- Community West's cash flows from investing activities were consistently negative due to significant purchases of investment securities and property/equipment, which weighed on cash balances.
- Net cash from financing activities showed volatility, with large issuances and repayments of debt roughly balancing but net payments for dividends and small equity repurchases reducing cash.
In summary, Community West Bancshares has shown resilience and growth in core interest income and assets, driving a return to profitability by the end of 2024 after challenging provisions in mid-2024. Investors should watch the stability of credit loss provisions and the impact of ongoing non-interest expenses and capital deployment on future earnings and cash flow stability.
08/05/25 06:16 AMAI Generated. May Contain Errors.