DA Davidson Issues Pessimistic Forecast for CWBC Earnings

Community West Bancshares (NASDAQ:CWBC) – Equities researchers at DA Davidson dropped their FY2026 EPS estimates for Community West Bancshares in a note issued to investors on Monday, September 29th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings of $2.24 per share for the year, down from their prior forecast of $2.28. 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.

A number of other research analysts have also commented on the company. Keefe, Bruyette & Woods raised their price target on Community West Bancshares from $19.00 to $22.00 and gave the company a “market perform” rating in a report on Friday, July 18th. Zacks Research raised shares of Community West Bancshares from a “strong sell” rating to a “hold” rating in a research note on Friday, August 15th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $21.67.

Community West Bancshares Price Performance

CWBC opened at $20.84 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.18. The company’s 50-day moving average price is $20.55 and its 200 day moving average price is $19.08. Community West Bancshares has a fifty-two week low of $15.57 and a fifty-two week high of $22.89. The firm has a market cap of $398.67 million, a price-to-earnings ratio of 14.99 and a beta of 0.90.

Community West Bancshares (NASDAQ:CWBC) last announced its earnings results on Thursday, July 17th. The financial services provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.08). Community West Bancshares had a net margin of 13.88% and a return on equity of 7.91%. The company had revenue of $35.67 million for the quarter, compared to analysts’ expectations of $35.90 million.

Hedge Funds Weigh In On Community West Bancshares

Several institutional investors and hedge funds have recently modified their holdings of CWBC. Two Sigma Investments LP raised its holdings in shares of Community West Bancshares by 92.8% during the fourth quarter. Two Sigma Investments LP now owns 32,447 shares of the financial services provider’s stock worth $628,000 after acquiring an additional 15,616 shares in the last quarter. Squarepoint Ops LLC acquired a new position in Community West Bancshares in the 4th quarter worth about $329,000. Victory Capital Management Inc. raised its stake in shares of Community West Bancshares by 2.6% during the 1st quarter. Victory Capital Management Inc. now owns 56,000 shares of the financial services provider’s stock worth $1,035,000 after purchasing an additional 1,400 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Community West Bancshares by 28.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,565 shares of the financial services provider’s stock valued at $47,000 after buying an additional 565 shares during the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Community West Bancshares by 70.4% in the 1st quarter. Wellington Management Group LLP now owns 152,187 shares of the financial services provider’s stock valued at $2,812,000 after buying an additional 62,854 shares in the last quarter. 33.80% of the stock is currently owned by hedge funds and other institutional investors.

Community West Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 1st were given a $0.12 dividend. The ex-dividend date was Friday, August 1st. This represents a $0.48 dividend on an annualized basis and a yield of 2.3%. Community West Bancshares’s dividend payout ratio is presently 34.53%.

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.