Shares of Community West Bancshares (NASDAQ:CWBC) traded up 1.99% during midday trading on Wednesday, reaching $10.25. The company had a trading volume of 7,901 shares. Community West Bancshares has a 12 month low of $7.71 and a 12 month high of $10.65. The company has a market capitalization of $83.06 million, a P/E ratio of 16.27 and a beta of 0.54. The firm’s 50 day moving average price is $10.16 and its 200-day moving average price is $10.12.
Media coverage about Community West Bancshares (NASDAQ:CWBC) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Community West Bancshares earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.6021688616769 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Community West Bancshares (NASDAQ:CWBC) last released its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.18 EPS for the quarter. Community West Bancshares had a net margin of 17.82% and a return on equity of 9.26%. The business had revenue of $8.73 million for the quarter.
The business also recently declared a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, August 14th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.16 annualized dividend and a dividend yield of 1.56%. Community West Bancshares’s dividend payout ratio (DPR) is currently 23.53%.
In related news, Director William R. Peeples sold 28,807 shares of the stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $10.03, for a total value of $288,934.21. Following the transaction, the director now directly owns 919,257 shares in the company, valued at $9,220,147.71. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Charles G. Baltuskonis sold 9,493 shares of the stock in a transaction that occurred on Thursday, June 8th. The shares were sold at an average price of $10.17, for a total transaction of $96,543.81. Following the completion of the transaction, the executive vice president now owns 58,773 shares in the company, valued at $597,721.41. The disclosure for this sale can be found here. Over the last three months, insiders have bought 2,211 shares of company stock worth $22,473 and have sold 43,866 shares worth $442,040. 26.01% of the stock is owned by corporate insiders.
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.