Community West Bancshares (NASDAQ:CWBC) traded down $0.18 during trading on Wednesday, hitting $11.20. 1,229 shares of the stock traded hands, compared to its average volume of 3,013. The stock has a market cap of $92.00, a PE ratio of 19.65 and a beta of 0.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.01 and a current ratio of 1.10. Community West Bancshares has a 12-month low of $9.55 and a 12-month high of $12.97.
Community West Bancshares (NASDAQ:CWBC) last issued its earnings results on Friday, January 26th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter. The business had revenue of $9.37 million during the quarter. Community West Bancshares had a net margin of 12.18% and a return on equity of 9.05%.
In other news, Director Shereef Moharram sold 5,000 shares of Community West Bancshares stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $12.05, for a total transaction of $60,250.00. Following the completion of the transaction, the director now directly owns 14,425 shares of the company’s stock, valued at approximately $173,821.25. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 23.67% of the company’s stock.
Institutional investors and hedge funds have recently made changes to their positions in the business. Arlington Financial Advisors LLC acquired a new position in shares of Community West Bancshares during the 4th quarter valued at about $226,000. Wedbush Securities Inc. raised its holdings in Community West Bancshares by 29.2% in the 3rd quarter. Wedbush Securities Inc. now owns 49,243 shares of the financial services provider’s stock valued at $510,000 after buying an additional 11,143 shares during the period. Dimensional Fund Advisors LP raised its holdings in Community West Bancshares by 1.0% in the 2nd quarter. Dimensional Fund Advisors LP now owns 127,970 shares of the financial services provider’s stock valued at $1,331,000 after buying an additional 1,217 shares during the period. Finally, Maltese Capital Management LLC raised its holdings in Community West Bancshares by 6.1% in the 4th quarter. Maltese Capital Management LLC now owns 272,696 shares of the financial services provider’s stock valued at $2,904,000 after buying an additional 15,652 shares during the period. 23.30% of the stock is currently owned by institutional investors.
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About Community West Bancshares
Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households.
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