Community West Bancshares (CWBC) Earning Somewhat Favorable Press Coverage, Analysis Finds

News coverage about Community West Bancshares (NASDAQ:CWBC) has been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Community West Bancshares earned a news sentiment score of 0.02 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.87448481911 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Separately, TheStreet upgraded Community West Bancshares from a “c+” rating to a “b” rating in a report on Wednesday, February 14th.

Community West Bancshares traded up $0.10, hitting $11.75, during trading hours on Wednesday, according to MarketBeat. 1,400 shares of the company were exchanged, compared to its average volume of 10,125. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.14 and a quick ratio of 1.06. Community West Bancshares has a 52-week low of $10.00 and a 52-week high of $12.97. The company has a market cap of $95.03 million, a price-to-earnings ratio of 15.02 and a beta of 0.49.

Community West Bancshares (NASDAQ:CWBC) last released its quarterly earnings data on Friday, April 27th. The financial services provider reported $0.21 EPS for the quarter. Community West Bancshares had a return on equity of 9.54% and a net margin of 12.91%. The business had revenue of $8.99 million for the quarter.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 31st. Stockholders of record on Friday, May 11th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, May 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.70%. This is an increase from Community West Bancshares’s previous quarterly dividend of $0.04.

In other Community West Bancshares news, CEO Martin E. Plourd acquired 21,785 shares of the company’s stock in a transaction dated Wednesday, May 2nd. The shares were acquired at an average price of $11.59 per share, for a total transaction of $252,488.15. Following the acquisition, the chief executive officer now owns 60,100 shares in the company, valued at approximately $696,559. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders bought 22,417 shares of company stock worth $259,738. Company insiders own 22.72% of the company’s stock.

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 deposit, as well as cash management products.

Insider Buying and Selling by Quarter for Community West Bancshares (NASDAQ:CWBC)

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