CommerceWest Bank (NASDAQ:CWBK) issued its quarterly earnings data on Thursday, October 26th. The company reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.03), Bloomberg Earnings reports. The company had revenue of $5.45 million during the quarter, compared to analysts’ expectations of $5.70 million.
CommerceWest Bank (NASDAQ:CWBK) opened at $22.20 on Monday. CommerceWest Bank has a 52 week low of $15.65 and a 52 week high of $23.00.
COPYRIGHT VIOLATION NOTICE: This story was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are reading this story on another publication, it was stolen and republished in violation of United States & international trademark & copyright laws. The correct version of this story can be accessed at https://ledgergazette.com/2017/11/13/commercewest-bank-com-cwbk-issues-earnings-results.html.
Separately, Zacks Investment Research upgraded CommerceWest Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 11th.
About CommerceWest Bank
CommerceWest Bank, N.A. provides various commercial banking services to the small and mid-sized businesses in southern California. It offers checking accounts, money market deposit accounts, saving accounts, certificates of deposits, sweep accounts, attorney client trust accounts, and now and escrow trust accounts; and real estate loans, such as owner user commercial real estate loans, commercial or industrial building loans, office and retail building loans, and multi-family real estate loans.
Receive News & Ratings for CommerceWest Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CommerceWest Bank and related companies with MarketBeat.com's FREE daily email newsletter.