What's Next for Community West Bancshares? Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Community West Bancshares: mixed. While the magnitude and direction of estim ...

Community West Bancshares (CWBC) reported $20.71 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 9.5%. EPS of $0.31 for the same period compares to $0.59 a year ago.The reported revenue represents a surprise of -4.44% over the Zacks Consensus Estimate of $21.67 million. With the consensus EPS estimate being $0.46, the EPS surprise was -32.61%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...

Central Valley Community Bancorp (CWBC) came out with quarterly earnings of $0.31 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -32.61%. A quarter ago, it was expected that this holding company for Central Valley Community Bank would post earnings of $0.52 per share when it actually produced earnings of $0.50, delivering a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 Commission File Number: 000-23575 COMMUNITY WEST BANCSHARES (Exact name of registrant as specified in its charter) California 77-0446957 (State or other ...

Central Valley Community Bancorp (CWBC) shares rallied 28.6% in the last trading session to close at $19.90. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 6.6% gain over the past four weeks.Central Valley Community Bancorp closed the merger with Community West Bancshares in an all-stock deal worth $143 million. Central Valley Community Bancorp has adopted the name Community West Bancshares and its NASDAQ ti ...

GOLETA, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Community West Bancshares ("Community West" or the "Company"), (NASDAQ:CWBC), parent company of Community West Bank (the "Bank"), today reported net income of $7.3 million, or $0.81 per diluted share, for the year ended December 31, 2023, compared to $13.4 million, or $1.51 per diluted share, for the year ended December 31, 2022.   For the quarter ended December 31, 2023, the Company reported $479,000, or $0.05 per diluted share compared to $2.3 million or $ ...

The Company is subject to the provisions of ASC 740, Income Taxes ("ASC 740"). ASC 740 prescribes a more likely than not threshold for the financial statement recognition of uncertain tax positions. ASC 740 clarifies the accounting for income taxes by prescribing a minimum recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. On a quarterly basis, the Company evaluates income tax accruals in ac ...

(Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ California 77-0446957 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Securities registered pursuant to Section 12(b) of the Act: exchange on which registered Common Stock, no par value Stock Market, LLC Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a n ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 000-23575 COMMUNITY WEST BANCSHARES (Exact name of registrant as specified in its charter) (State or other juri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022 Commission File Number: 000-23575 COMMUNITY WEST BANCSHARES (Exact name of registrant as specified in its charter) California 77-0446957 (State or other ...