Community West Bancshares (CWBC) Stock Rating Upgraded by TheStreet

TheStreet upgraded shares of Community West Bancshares (NASDAQ:CWBC) from a c+ rating to a b rating in a research note issued to investors on Wednesday morning.

Shares of Community West Bancshares (NASDAQ:CWBC) opened at $11.15 on Wednesday. Community West Bancshares has a 1-year low of $9.55 and a 1-year high of $12.97. The company has a quick ratio of 1.01, a current ratio of 1.10 and a debt-to-equity ratio of 0.80. The company has a market cap of $90.16, a PE ratio of 19.56 and a beta of 0.40.

Community West Bancshares (NASDAQ:CWBC) last announced its earnings results on Friday, January 26th. The financial services provider reported $0.20 EPS for the quarter. Community West Bancshares had a net margin of 12.18% and a return on equity of 9.12%. The business had revenue of $9.37 million during the quarter.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Friday, February 9th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, February 8th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.43%. Community West Bancshares’s payout ratio is 28.07%.

In other news, Director Shereef Moharram sold 5,000 shares of the company’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $12.05, for a total value of $60,250.00. Following the completion of the sale, the director now directly owns 14,425 shares of the company’s stock, valued at $173,821.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director William R. Peeples sold 12,690 shares of the company’s stock in a transaction dated Tuesday, November 28th. The shares were sold at an average price of $10.31, for a total transaction of $130,833.90. Following the completion of the sale, the director now directly owns 869,118 shares of the company’s stock, valued at $8,960,606.58. The disclosure for this sale can be found here. 23.67% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in CWBC. Arlington Financial Advisors LLC purchased a new stake in shares of Community West Bancshares in the fourth quarter valued at about $226,000. Wedbush Securities Inc. increased its stake in shares of Community West Bancshares by 29.2% during the third quarter. Wedbush Securities Inc. now owns 49,243 shares of the financial services provider’s stock worth $510,000 after acquiring an additional 11,143 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Community West Bancshares by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 127,970 shares of the financial services provider’s stock worth $1,331,000 after acquiring an additional 1,217 shares during the period. Finally, Maltese Capital Management LLC increased its stake in shares of Community West Bancshares by 6.1% during the fourth quarter. Maltese Capital Management LLC now owns 272,696 shares of the financial services provider’s stock worth $2,904,000 after acquiring an additional 15,652 shares during the period. 23.52% of the stock is owned by institutional investors and hedge funds.

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Community West Bancshares Company Profile

Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households.

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