What is DA Davidson’s Forecast for CWBC FY2025 Earnings?

Community West Bancshares (NASDAQ:CWBC) – Analysts at DA Davidson lowered their FY2025 EPS estimates for Community West Bancshares in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings of $1.99 per share for the year, down from their previous estimate of $2.20. DA Davidson has a “Buy” rating and a $24.00 price objective on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $2.15 per share.

Several other brokerages have also weighed in on CWBC. StockNews.com upgraded shares of Community West Bancshares from a “sell” rating to a “hold” rating in a research report on Monday, January 27th. Keefe, Bruyette & Woods cut their price target on shares of Community West Bancshares from $24.00 to $22.00 and set a “market perform” rating for the company in a research note on Friday, January 24th.

Community West Bancshares Price Performance

NASDAQ CWBC opened at $16.66 on Friday. Community West Bancshares has a 1 year low of $16.05 and a 1 year high of $22.89. The company has a market cap of $317.39 million, a PE ratio of 32.04 and a beta of 0.91. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.19. The stock’s 50-day moving average price is $18.68 and its two-hundred day moving average price is $19.32.

Community West Bancshares (NASDAQ:CWBC) last issued its earnings results on Thursday, January 23rd. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). Community West Bancshares had a return on equity of 7.90% and a net margin of 4.59%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Barclays PLC raised its stake in shares of Community West Bancshares by 228.5% in the third quarter. Barclays PLC now owns 22,057 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 15,343 shares during the last quarter. State Street Corp raised its position in Community West Bancshares by 12.9% in the 3rd quarter. State Street Corp now owns 251,944 shares of the financial services provider’s stock worth $4,852,000 after purchasing an additional 28,695 shares during the last quarter. Systematic Financial Management LP lifted its holdings in Community West Bancshares by 11.9% during the 3rd quarter. Systematic Financial Management LP now owns 292,810 shares of the financial services provider’s stock worth $5,640,000 after buying an additional 31,075 shares in the last quarter. PL Capital Advisors LLC boosted its position in Community West Bancshares by 1,837.0% in the 4th quarter. PL Capital Advisors LLC now owns 8,242,923 shares of the financial services provider’s stock valued at $159,665,000 after buying an additional 7,817,372 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in Community West Bancshares in the 4th quarter valued at $725,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Insider Buying and Selling

In other news, President Martin E. Plourd sold 7,732 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $19.26, for a total transaction of $148,918.32. Following the completion of the sale, the president now owns 82,737 shares of the company’s stock, valued at approximately $1,593,514.62. This trade represents a 8.55 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO James J. Kim bought 1,600 shares of the business’s stock in a transaction dated Friday, February 28th. The stock was purchased at an average price of $17.36 per share, with a total value of $27,776.00. Following the purchase, the chief executive officer now directly owns 60,178 shares of the company’s stock, valued at $1,044,690.08. The trade was a 2.73 % increase in their position. The disclosure for this purchase can be found here. Insiders bought 5,805 shares of company stock worth $104,788 in the last quarter. 11.15% of the stock is owned by corporate insiders.

Community West Bancshares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 21st. Investors of record on Friday, February 7th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.88%. The ex-dividend date was Friday, February 7th. Community West Bancshares’s dividend payout ratio (DPR) is currently 92.31%.

Community West Bancshares Company Profile

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.