See more : Telecom Italia S.p.A. (TIAIY) Income Statement Analysis – Financial Results
Complete financial analysis of CW Bancorp (CWBK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CW Bancorp, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- EDU Holdings Limited (EDU.AX) Income Statement Analysis – Financial Results
- Quik Super Online Ltd. (QUIK.TA) Income Statement Analysis – Financial Results
- Pharmacolog i Uppsala AB (publ) (PHLOG-B.ST) Income Statement Analysis – Financial Results
- Scandinavian Medical Solutions A/S (SMSMED.CO) Income Statement Analysis – Financial Results
- Flag Ship Acquisition Corp. Ordinary Shares (FSHP) Income Statement Analysis – Financial Results
CW Bancorp (CWBK)
About CW Bancorp
CW Bancorp operates as a holding company for CommerceWest Bank that provides various commercial banking services for small and mid-sized businesses in California. The company offers personal checking account, checking account, money market deposit account, savings account, sweep accounts, business accounts, attorney client trust accounts, and personal certificate of deposits It also provides loans, including lines of credit, commercial real estate loan, asset based, mergers and acquisitions, international, and term loan. In addition, the company offers remote deposit solutions; and online banking, mobile banking, and treasury management services. CW Bancorp was founded in 2001 and is headquartered in Irvine, California.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 48.42M | 43.39M | 34.34M | 33.25M | 24.76M | 23.51M | 21.92M | 21.54M | 19.41M | 16.84M | 15.84M | 14.29M | 12.04M | 9.24M | 5.89M | 4.24M | 1.57M |
| Cost of Revenue | -10.14M | 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 |
| Gross Profit | 58.57M | 43.39M | 34.34M | 33.25M | 24.76M | 23.51M | 21.92M | 21.54M | 19.41M | 16.84M | 15.84M | 14.29M | 12.04M | 9.24M | 5.89M | 4.24M | 1.57M |
| Gross Profit Ratio | 120.94% | 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% | 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 |
| General & Administrative | 11.52M | 10.51M | 9.87M | 9.68M | 9.11M | 9.55M | 8.63M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.92M | 3.49M | 2.71M | 2.03M | 1.36M |
| Selling & Marketing | 337.00K | 426.00K | 293.00K | 289.00K | 369.00K | 337.00K | 400.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 302.00K | 0.00 | 72.00K | 0.00 |
| SG&A | 11.85M | 10.94M | 10.17M | 9.97M | 9.47M | 9.89M | 9.03M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.92M | 3.79M | 2.71M | 2.10M | 1.36M |
| Other Expenses | -11.97M | -26.23M | -25.91M | -30.97M | -23.52M | -21.97M | -20.67M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -11.29M | -10.38M | -7.42M | -5.73M | -3.88M |
| Operating Expenses | 47.10M | -15.29M | -15.75M | -21.00M | -14.05M | -12.08M | -11.64M | 12.36M | 12.84M | 12.44M | 11.31M | 10.08M | -7.37M | -6.59M | -4.71M | -3.64M | -2.53M |
| Cost & Expenses | 36.96M | -15.29M | -15.75M | -21.00M | -14.05M | -12.08M | -11.64M | 13.71M | 12.84M | 12.44M | 11.31M | 10.08M | -7.37M | -6.59M | -4.71M | -3.64M | -2.53M |
| Interest Income | 52.19M | 41.32M | 30.21M | 27.91M | 25.84M | 24.47M | 21.51M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 13.82M | 8.75M | 5.01M | 3.11M | 1.32M |
| Interest Expense | 11.47M | 4.00M | 2.02M | 1.93M | 4.42M | 3.36M | 1.76M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.76M | 1.72M | 672.00K | 568.00K | 361.00K |
| Depreciation & Amortization | 344.00K | 254.00K | 164.00K | 122.00K | 201.00K | 167.00K | 177.00K | -7.83M | -6.57M | -4.40M | -4.54M | -4.21M | 3.76M | 379.00K | 310.00K | 158.00K | 107.00K |
| EBITDA | 24.68M | 34.48M | 18.76M | 12.37M | 10.92M | 8.24M | 8.69M | -7.83M | -1.00 | 1.69M | 0.00 | 0.00 | 8.42M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 50.97% | 65.35% | 54.63% | 37.20% | 44.08% | 49.32% | 47.70% | -36.35% | 0.00% | 10.01% | 0.00% | 0.00% | 69.96% | 51.36% | 36.81% | 31.41% | -31.40% |
| Operating Income | 48.42M | 28.10M | 18.60M | 12.25M | 10.72M | 11.43M | 10.28M | 7.83M | 6.57M | 4.40M | 4.54M | 4.21M | 4.67M | 2.64M | 1.19M | 606.00K | -960.00K |
| Operating Income Ratio | 100.00% | 64.77% | 54.15% | 36.84% | 43.27% | 48.61% | 46.90% | 36.35% | 33.86% | 26.15% | 28.64% | 29.45% | 38.75% | 28.62% | 20.15% | 14.29% | -61.26% |
| Total Other Income/Expenses | -24.09M | -18.08M | -15.22M | -14.45M | -13.19M | -13.24M | -12.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 492.00K |
| Income Before Tax | 24.34M | 24.10M | 18.60M | 12.25M | 10.72M | 8.07M | 8.52M | 7.83M | 6.57M | 4.40M | 4.54M | 4.21M | 4.67M | 2.64M | 1.19M | 606.00K | 0.00 |
| Income Before Tax Ratio | 50.26% | 55.55% | 54.15% | 36.84% | 43.27% | 34.33% | 38.86% | 36.35% | 33.86% | 26.15% | 28.64% | 29.45% | 38.75% | 28.62% | 20.15% | 14.29% | 0.00% |
| Income Tax Expense | 6.73M | 6.74M | 4.42M | 3.16M | 2.51M | 2.13M | 3.51M | 3.00M | 2.46M | 843.00K | 0.00 | 0.00 | 1.90M | 938.00K | 1.00K | 5.00K | 361.00K |
| Net Income | 17.61M | 17.36M | 14.18M | 9.09M | 8.21M | 5.94M | 5.01M | 4.83M | 4.11M | 5.25M | 4.54M | 4.21M | 2.76M | 1.71M | 1.19M | 601.00K | -960.00K |
| Net Income Ratio | 36.37% | 40.02% | 41.29% | 27.34% | 33.14% | 25.26% | 22.84% | 22.43% | 21.18% | 31.15% | 28.64% | 29.45% | 22.96% | 18.47% | 20.13% | 14.17% | -61.26% |
| EPS | 5.46 | 5.14 | 4.03 | 2.55 | 2.26 | 1.47 | 1.31 | 1.25 | 0.98 | 1.21 | 1.01 | 0.96 | 1.81 | 0.61 | 0.45 | 0.30 | -0.63 |
| EPS Diluted | 5.39 | 5.00 | 3.95 | 2.48 | 2.26 | 1.47 | 1.22 | 1.16 | 0.98 | 1.21 | 1.01 | 0.96 | 1.81 | 0.57 | 0.42 | 0.29 | -0.63 |
| Weighted Avg Shares Out | 3.23M | 3.38M | 3.51M | 3.57M | 3.63M | 4.04M | 3.83M | 3.87M | 4.19M | 4.34M | 4.49M | 4.38M | 1.53M | 2.82M | 2.63M | 1.98M | 1.53M |
| Weighted Avg Shares Out (Dil) | 3.27M | 3.47M | 3.59M | 3.67M | 3.63M | 4.05M | 4.10M | 4.16M | 4.19M | 4.34M | 4.49M | 4.38M | 1.53M | 3.01M | 2.75M | 2.11M | 1.53M |
Ivo Tjan of CommerceWest Bank Honored in the 2024 OC500 Directory of Influence & OC50 List
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CommerceWest Bank (OTCQX:CWBK) is proud to announce Ivo Tjan, CommerceWest Bank President and CEO, was recognized by the Orange County Business Journal for two noteworthy achievements: first, in the 2024 OC500 Directory of Influence, a list of...
CW Bancorp Reports Q3 2024 ROA 1.11% and ROTE of 15.64%
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2024 of $3,131,000 or $1.03 per diluted share as compared to $5,234,000 or $1.61...
CommerceWest Bank Recognized in the Annual List of the Top 100 Publicly Traded Community Banks
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company of CommerceWest Bank, was ranked #5 in the annual published list by American Banker for The Top 100 Publicly Traded Community Banks under $2 billion in assets, surpassing the 2022...
CW BANCORP Quarterly Cash Dividend
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.23 per common share, payable...
CW Bancorp Reports First Quarter 2024 Financial Results
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”), reported consolidated net income for the first quarter of 2024 of $2,993,000 or $0.96 per diluted share as compared to $4,618,000 or $1.37...
CW BANCORP Quarterly Cash Dividend
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank, announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.23 per common share, payable...
CW Bancorp Reports 2023 Full Year Record Earnings of $17.6 million, Record EPS of $5.39 and Record ROA of 1.58%
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”), reported consolidated net income for the fourth quarter of 2023 of $3,545,000 or $1.12 per diluted share as compared to $4,521,000 or $1.32...
CommerceWest Bank Recognized as One of “America's Best Regional Banks and Credit Unions 2024” by Newsweek
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CommerceWest Bank (OTCQX:CWBK) was recognized as one of “America's Best Regional Banks and Credit Unions 2024” by Newsweek. The study, which analyzed over 9,000 regional banks and credit unions across the United States, awarded only the top...
CW BANCORP Quarterly Cash Dividend
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.23 per common share, payable...
CW Bancorp Reports Q3 2023 EPS of $1.61, ROA 1.82% and ROTE of 28.83%
IRVINE, Calif.--(BUSINESS WIRE)-- #businessbanking--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2023 of $5,234,000 or $1.61 per diluted share as compared to $4,595,000 or $1.33...
Source: https://incomestatements.info
Category: Stock Reports