DA Davidson Has Negative Outlook for CWBC FY2025 Earnings

Community West Bancshares (NASDAQ:CWBC) – Stock analysts at DA Davidson dropped their FY2025 earnings per share estimates for Community West Bancshares in a research note issued on Thursday, December 19th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will post earnings per share of $2.07 for the year, down from their previous estimate of $2.11. The consensus estimate for Community West Bancshares’ current full-year earnings is $1.61 per share.

Separately, Keefe, Bruyette & Woods increased their price target on shares of Community West Bancshares from $21.00 to $24.00 and gave the company a “market perform” rating in a report on Wednesday, December 4th.

Community West Bancshares Price Performance

Shares of NASDAQ:CWBC opened at $19.80 on Friday. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average price of $20.29 and a 200 day moving average price of $19.45. The company has a market cap of $375.13 million, a price-to-earnings ratio of 30.00 and a beta of 0.90. Community West Bancshares has a twelve month low of $15.50 and a twelve month high of $24.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its stake in Community West Bancshares by 284.8% in the 2nd 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. Systematic Financial Management LP bought a new stake in Community West Bancshares during the second quarter worth about $4,842,000. The Manufacturers Life Insurance Company grew its stake in shares of Community West Bancshares by 198.0% in the second quarter. The Manufacturers Life Insurance Company now owns 365,965 shares of the financial services provider’s stock valued at $6,770,000 after buying an additional 243,165 shares in the last quarter. Fourthstone LLC lifted its stake in Community West Bancshares by 8.7% in the 3rd quarter. Fourthstone LLC now owns 1,868,778 shares of the financial services provider’s stock valued at $35,993,000 after purchasing an additional 149,506 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Community West Bancshares in the 2nd quarter valued at $1,770,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Insider Buying and Selling at Community West Bancshares

In other Community West Bancshares news, Director Robert Bartlein acquired 2,000 shares of Community West Bancshares stock in a transaction on Friday, November 1st. The shares were bought at an average price of $18.75 per share, with a total value of $37,500.00. Following the completion of the purchase, the director now owns 433,876 shares in the company, valued at $8,135,175. This trade represents a 0.46 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 value of $40,008.60. Following the transaction, the director now directly owns 315,531 shares in the company, valued at approximately $6,787,071.81. This represents a 0.59 % decrease in their position. The disclosure for this sale can be found here. Insiders have purchased 2,432 shares of company stock worth $45,616 over the last three months. Company insiders own 11.15% of the company’s stock.

Community West Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a $0.12 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.42%. Community West Bancshares’s payout ratio is presently 72.73%.

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.