CommerceWest Bank (CWBK) Releases Quarterly Earnings Results, Misses Estimates By $0.03 EPS

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.

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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.

Earnings History for CommerceWest Bank (NASDAQ:CWBK)

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