See more : Astrea Acquisition Corp. (ASAXU) Income Statement Analysis – Financial Results
Complete financial analysis of Community West Bancshares (CWBC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Community West Bancshares, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- GCM Grosvenor Inc. (GCMGW) Income Statement Analysis – Financial Results
- PT Dafam Property Indonesia Tbk (DFAM.JK) Income Statement Analysis – Financial Results
- Glen Rose Petroleum Corporation (GLRP) Income Statement Analysis – Financial Results
- China Carbon Neutral Development Group Limited (1372.HK) Income Statement Analysis – Financial Results
- Mayukh Dealtrade Limited (MAYUKH.BO) Income Statement Analysis – Financial Results
Community West Bancshares (CWBC)
About Community West Bancshares
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposit; and cash management products. It also provides commercial, commercial real estate, consumer, manufactured housing, and small business administration loans, as well as agricultural loans for real estate and operating lines; home equity lines of credit collateralized by residential real estate; single family real estate loans; and installment loans consisting of automobile and general-purpose loans. The company serves small to medium-sized businesses and their owners, professionals, high-net worth individuals, and non-profit organizations. It operates through a network of seven branch banking offices in Goleta, Santa Barbara, Santa Maria, Ventura, San Luis Obispo, Oxnard, and Paso Robles. Community West Bancshares was founded in 1989 and is headquartered in Goleta, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 57.52M | 49.79M | 46.13M | 40.50M | 37.96M | 36.27M | 35.36M | 31.12M | 29.62M | 26.21M | 24.53M | 28.54M | 31.41M | 33.29M | 30.38M | 28.39M | 28.85M | 28.47M | 26.74M | 24.46M | 21.72M | 27.91M | 43.00M | 42.00M | 34.37M | 25.30M | 14.50M | 11.00M |
| Cost of Revenue | 47.65M | 0.00 | 0.00 | 0.00 | 0.00 | 182.00K | 0.00 | 0.00 | 10.00K | 0.00 | 0.00 | 3.67M | 3.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 9.88M | 49.79M | 46.13M | 40.50M | 37.96M | 36.09M | 35.36M | 31.12M | 29.61M | 26.21M | 24.53M | 24.87M | 27.81M | 33.29M | 30.38M | 28.39M | 28.85M | 28.47M | 26.74M | 24.46M | 21.72M | 27.91M | 43.00M | 42.00M | 34.37M | 25.30M | 14.50M | 11.00M |
| Gross Profit Ratio | 17.17% | 100.00% | 100.00% | 100.00% | 100.00% | 99.50% | 100.00% | 100.00% | 99.97% | 100.00% | 100.00% | 87.13% | 88.56% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 32.64M | 20.21M | 20.32M | 19.91M | 18.78M | 18.43M | 17.27M | 15.89M | 14.19M | 13.06M | 14.44M | 12.89M | 12.35M | 12.36M | 12.52M | 13.39M | 14.01M | 13.01M | 11.99M | 11.85M | 11.42M | 13.60M | 17.70M | 15.24M | 16.23M | 12.90M | 7.30M | 5.50M |
| Selling & Marketing | 542.00K | 921.00K | 734.00K | 673.00K | 774.00K | 685.00K | 750.00K | 616.00K | 466.00K | 608.00K | 512.00K | 367.00K | 395.00K | 301.00K | 344.00K | 421.00K | 751.00K | 0.00 | 0.00 | 0.00 | 0.00 | 478.00K | 661.45K | 705.57K | 1.15M | 800.00K | 600.00K | 300.00K |
| SG&A | 33.18M | 21.14M | 21.06M | 20.58M | 19.55M | 19.11M | 18.02M | 16.51M | 14.66M | 13.67M | 14.95M | 12.89M | 12.74M | 12.66M | 12.86M | 13.81M | 14.76M | 13.01M | 11.99M | 11.85M | 11.42M | 14.07M | 18.37M | 15.95M | 17.38M | 13.70M | 7.90M | 5.80M |
| Other Expenses | 54.93M | -6.74M | -48.87M | -49.33M | -46.14M | -36.00M | -12.21M | -10.34M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -15.53M | -20.37M | -21.95M | -20.48M | -30.44M | -42.66M | -26.66M | -28.87M | -24.90M | -16.70M | -12.50M |
| Operating Expenses | 88.11M | 921.00K | -27.81M | -28.75M | -26.59M | -16.88M | 750.00K | 616.00K | 466.00K | 608.00K | 512.00K | 367.00K | 395.00K | 301.00K | 344.00K | 421.00K | 751.00K | -2.52M | -8.38M | -10.09M | -9.06M | -16.36M | -24.29M | -10.71M | -11.49M | -11.20M | -8.80M | -6.70M |
| Cost & Expenses | 88.11M | 921.00K | -27.81M | -28.75M | -26.59M | -16.88M | 750.00K | 616.00K | 476.00K | 608.00K | 512.00K | 4.04M | 3.99M | 301.00K | 344.00K | 421.00K | 751.00K | -2.52M | -8.38M | -10.09M | -9.06M | -16.36M | -24.29M | -10.71M | -11.49M | -11.20M | -8.80M | -6.70M |
| Interest Income | 102.42M | 49.14M | 46.08M | 43.85M | 45.74M | 42.63M | 37.39M | 32.22M | 30.22M | 28.00M | 27.87M | 31.31M | 36.51M | 39.23M | 40.90M | 45.53M | 46.84M | 39.30M | 29.78M | 21.85M | 20.38M | 29.98M | 40.79M | 51.78M | 48.49M | 20.60M | 8.00M | 6.80M |
| Interest Expense | 19.99M | 3.33M | 3.70M | 7.27M | 11.38M | 8.99M | 4.73M | 3.13M | 2.52M | 3.28M | 4.33M | 5.95M | 8.25M | 9.96M | 14.95M | 22.22M | 22.83M | 16.80M | 10.35M | 7.85M | 9.34M | 13.47M | 19.97M | 26.06M | 25.15M | 9.30M | 2.90M | 2.40M |
| Depreciation & Amortization | 9.90M | 1.28M | 1.64M | 1.70M | 2.79M | 2.46M | 1.95M | 1.73M | 399.00K | 324.00K | 300.00K | 306.00K | 374.00K | 425.00K | 491.00K | 433.00K | 497.00K | 494.00K | 758.00K | 1.29M | 1.78M | 3.03M | 1.60M | 1.71M | 1.97M | 1.00M | 600.00K | 500.00K |
| EBITDA | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.37M | 22.42M | -7.51M | 0.00 | 7.93M | 12.09M | 11.23M | 0.00 | 0.00 | 4.65M | 0.00 | 0.00 | 12.18M | 10.84M | 7.93M | 0.00 | 0.00 | 0.00 | 0.00 | 26.04M | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 0.00% | 45.69% | 41.39% | 31.05% | 32.24% | 55.06% | 44.90% | 40.64% | 26.75% | 59.44% | 44.05% | 33.04% | 7.06% | 41.87% | 18.62% | 89.00% | 103.58% | 92.89% | 71.50% | 64.01% | 66.45% | 52.23% | 47.22% | 78.57% | 72.30% | 59.68% | 43.45% | 43.64% |
| Operating Income | -10.30M | 22.04M | 18.31M | 11.76M | 11.37M | 19.21M | 15.19M | 11.97M | 7.52M | 15.26M | 10.51M | 27.27M | 32.53M | 13.52M | 5.16M | 24.83M | 29.39M | 25.95M | 18.36M | 14.37M | 12.65M | 11.54M | 18.71M | 31.30M | 22.88M | 14.10M | 5.70M | 4.30M |
| Operating Income Ratio | -17.90% | 44.27% | 39.70% | 29.02% | 29.96% | 52.95% | 42.97% | 38.46% | 25.40% | 58.21% | 42.82% | 95.55% | 103.56% | 40.60% | 17.00% | 87.47% | 101.86% | 91.16% | 68.67% | 58.74% | 58.27% | 41.36% | 43.51% | 74.51% | 66.56% | 55.73% | 39.31% | 39.09% |
| Total Other Income/Expenses | 44.14M | -1.58M | -485.00K | -565.00K | -427.00K | -770.00K | -664.00K | -376.00K | -7.44M | 97.00K | -14.59M | -2.50M | -38.93M | -2.28M | -355.00K | -5.33M | -2.89M | -867.00K | -1.47M | 884.00K | -9.34M | -13.47M | -19.97M | -26.06M | -18.87M | -31.70M | -20.50M | -15.80M |
| Income Before Tax | 33.84M | 18.71M | 18.31M | 11.76M | 11.37M | 10.22M | 10.46M | 8.84M | 5.01M | 11.98M | 6.17M | 3.17M | -6.41M | 3.56M | -9.78M | 2.61M | 6.56M | 9.15M | 8.02M | 6.52M | 3.31M | -1.92M | -1.26M | 5.24M | -2.27M | 4.80M | 2.80M | 1.90M |
| Income Before Tax Ratio | 58.83% | 37.58% | 39.70% | 29.02% | 29.96% | 28.17% | 29.59% | 28.42% | 16.91% | 45.71% | 25.17% | 11.12% | -20.40% | 10.69% | -32.20% | 9.19% | 22.72% | 32.14% | 29.97% | 26.67% | 15.25% | -6.89% | -2.93% | 12.46% | -6.60% | 18.97% | 19.31% | 17.27% |
| Income Tax Expense | 8.30M | 5.26M | 5.21M | 3.51M | 3.41M | 2.81M | 5.55M | 3.61M | 2.14M | 4.93M | -2.81M | -18.15M | 4.08M | 1.47M | -4.02M | 1.13M | 2.77M | 3.82M | 2.37M | 2.69M | 1.13M | -652.00K | -1.28M | 2.54M | -621.84K | 1.90M | 1.20M | 800.00K |
| Net Income | 25.54M | 13.45M | 13.10M | 8.25M | 7.96M | 7.41M | 4.92M | 5.23M | 2.87M | 7.05M | 8.99M | 3.17M | -10.49M | 2.09M | -5.76M | 1.48M | 3.79M | 5.33M | 5.64M | 3.84M | 2.18M | -1.27M | 21.76K | 2.70M | -1.65M | 2.90M | 1.60M | 1.10M |
| Net Income Ratio | 44.39% | 27.01% | 28.40% | 20.36% | 20.98% | 20.43% | 13.90% | 16.80% | 9.69% | 26.88% | 36.63% | 11.12% | -33.39% | 6.28% | -18.97% | 5.22% | 13.13% | 18.71% | 21.10% | 15.68% | 10.05% | -4.55% | 0.05% | 6.42% | -4.79% | 11.46% | 11.03% | 10.00% |
| EPS | 2.18 | 1.15 | 1.54 | 0.97 | 1.60 | 0.89 | 0.60 | 0.64 | 0.31 | 0.77 | 1.13 | 0.36 | -1.75 | 0.18 | -0.97 | 0.24 | 0.65 | 0.92 | 0.98 | 0.67 | 0.38 | -0.22 | 0.00 | 0.44 | -0.30 | 0.12 | 0.27 | 0.16 |
| EPS Diluted | 2.17 | 1.15 | 1.54 | 0.97 | 1.59 | 0.88 | 0.57 | 0.62 | 0.30 | 0.75 | 0.98 | 0.31 | -1.75 | 0.18 | -0.97 | 0.24 | 0.63 | 0.89 | 0.95 | 0.65 | 0.38 | -0.22 | 0.00 | 0.43 | -0.30 | 0.12 | 0.22 | 0.16 |
| Weighted Avg Shares Out | 11.73M | 11.72M | 8.51M | 8.47M | 8.50M | 8.32M | 8.19M | 8.17M | 8.24M | 8.14M | 7.03M | 5.91M | 5.98M | 5.92M | 5.92M | 5.91M | 5.86M | 5.79M | 5.74M | 5.72M | 5.74M | 5.77M | 6.06M | 6.13M | 5.49M | 3.53M | 3.08M | 2.95M |
| Weighted Avg Shares Out (Dil) | 11.75M | 11.74M | 8.51M | 8.47M | 8.50M | 8.42M | 8.62M | 8.43M | 8.51M | 8.51M | 8.11M | 6.86M | 5.98M | 6.83M | 5.92M | 5.94M | 6.02M | 6.00M | 5.93M | 5.87M | 5.74M | 5.77M | 6.16M | 6.27M | 5.49M | 3.67M | 3.08M | 2.95M |
Community West Bancshares Reports Second Quarter 2023 Earnings of $2.1 Million, or $0.24 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share
GOLETA, Calif., July 28, 2023 (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 $2.1 million, or $0.24 per diluted share, for the...
Why Community West Bancshares (CWBC) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Community West Bancshares (CWBC) have what it takes?
Community West Bancshares (CWBC) Q4 Earnings Surpass Estimates
Community West Bancshares (CWBC) delivered earnings and revenue surprises of 2.70% and 2.24%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Should Value Investors Buy Community West Bancshares (CWBC) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Why Community West Bancshares (CWBC) Might be Well Poised for a Surge
Community West Bancshares (CWBC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Best Value Stocks to Buy for November 7th
HDSN, CWBC and DVAX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 7, 2022.
Strength Seen in Community West Bancshares (CWBC): Can Its 6.7% Jump Turn into More Strength?
Community West Bancshares (CWBC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Community West Bancshares Is Ready To Grow With Higher Rates
CWBC owns a Californian nationally chartered community bank specialized in relationship banking and commercial real estate lending.
William F. Filippin Named President of Community West Bank; Jason Beitz Promoted to Chief Credit Officer
GOLETA, Calif., Oct. 04, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced the promotion of William (Bill) F. Filippin to President of Community West...
Community West Bancshares Named to Piper Sandler Sm-All Stars: Class of 2021
GOLETA, Calif., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced its inclusion in the prestigious Piper Sandler Sm-All Stars - Class of...
Source: https://incomestatements.info
Category: Stock Reports