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

Community West Bancshares (NASDAQ:CWBC) – Investment analysts at DA Davidson boosted their FY2025 EPS estimates for shares of Community West Bancshares in a research note issued to investors on Tuesday, January 28th. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $2.20 per share for the year, up from their previous estimate of $2.07. DA Davidson has a “Buy” rating and a $24.00 price target on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $1.61 per share.

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

Community West Bancshares Stock Performance

NASDAQ:CWBC opened at $19.55 on Thursday. The stock’s fifty day moving average is $20.06 and its 200 day moving average is $19.75. Community West Bancshares has a fifty-two week low of $15.50 and a fifty-two week high of $24.47. The firm has a market capitalization of $370.47 million, a PE ratio of 29.62 and a beta of 0.92. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.82 and a current ratio of 0.82.

Community West Bancshares (NASDAQ:CWBC) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.07). Community West Bancshares had a net margin of 4.53% and a return on equity of 8.14%.

Hedge Funds Weigh In On Community West Bancshares

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP lifted its stake in shares of 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 valued at $11,864,000 after purchasing an additional 474,671 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Community West Bancshares in the 2nd quarter valued at $1,153,000. The Manufacturers Life Insurance Company lifted its stake in shares of Community West Bancshares by 198.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 365,965 shares of the financial services provider’s stock valued at $6,770,000 after purchasing an additional 243,165 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Community West Bancshares in the 3rd quarter valued at $132,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Community West Bancshares in the 3rd quarter valued at $847,000. Institutional investors and hedge funds own 33.80% of the company’s stock.

Insider Transactions at Community West Bancshares

In other Community West Bancshares news, Director Steven D. Mcdonald sold 1,860 shares of the business’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $21.51, for a total transaction of $40,008.60. Following the transaction, the director now owns 315,531 shares of the company’s stock, valued at approximately $6,787,071.81. The trade was a 0.59 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have bought 432 shares of company stock valued at $8,116 over the last ninety days. Insiders own 11.15% of the company’s stock.

Community West Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Friday, February 7th. Community West Bancshares’s dividend payout ratio is presently 72.73%.

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.