Community West Bank is a financial institution that provides a range of banking services to individuals, businesses, and community organizations
The bank focuses on fostering relationships within the communities it serves by offering personalized banking solutions, including personal and business checking accounts, savings accounts, loans, and mortgages. With an emphasis on community involvement and customer service, Community West Bank aims to support local economic growth while delivering a diverse array of financial products designed to meet the needs of its customers.
The Board of Directors of Community West Bancshares (“Company”) (NASDAQCWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $6,895,000, and diluted earnings per common share of $0.36 for the three months ended December 31, 2024, compared to $5,893,000 and $0.50 per diluted common share for the three months ended December 31, 2023. For the full release, please visit one of the following: Community West Bank Newsroom https://www.communitywestbank.com/about/newsroom or CWBC Investor Relations https://ir.cvcb.com/news-market-information/press-releases/default.aspx.
The Board of Directors of Community West Bancshares (“Company”) (NASDAQCWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $3,385,000, and diluted earnings per common share of $0.18 for the three months ended September 30, 2024, compared to $6,390,000 and $0.54 per diluted common share for the three months ended September 30, 2023. For the full release, please visit one of the following: Community West Bank Newsroom https://www.communitywestbank.com/about/newsroom or CWBC Investor Relations https://ir.cvcb.com/news-market-information/press-releases/default.aspx.
CWBC stock results show that Community West Bancshares beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.
The Board of Directors of Community West Bancshares (“Company”) (NASDAQCWBC), the parent company of Community West Bank (“Bank”), reported today an unaudited consolidated net loss of $6,290,000, and fully diluted loss per common share of $0.33 for the three months ended June 30, 2024, compared to net income of $6,282,000 and earnings of $0.54 per fully diluted common share for the three months ended June 30, 2023. The loss during the quarter was directly attributable to merger related expenses, including a provision for loan losses of the acquired loan portfolio. For the full release, including financial measures for non-core expenses, please visit one of the following: Community West Bank News Room https://www.cvcb.com/about-us/news-room or CWBC Investor Relations https://ir.cvcb.com/news-market-information/press-releases/default.aspx.
CWBC stock results show that Community West Bancshare missed analyst estimates for earnings per share but beat on revenue for the first quarter of 2024.
The Board of Directors of Community West Bancshares (“Company”) (NASDAQCWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $3,676,000, and fully diluted earnings per common share of $0.31 for the three months ended March 31, 2024, compared to $6,970,000 and $0.59 per fully diluted common share for the three months ended March 31, 2023. On April 1, 2024, the Company, formerly named Central Valley Community Bancorp, completed its acquisition of Community West Bancshares and its wholly owned subsidiary, Community West Bank. Effective with the acquisition, the Company assumed the names Community West Bancshares and Community West Bank to reflect its expanded Central California territory. For the full release, please visit one of the following: Community West Bank News Room https://www.cvcb.com/about-us/news-room or CWBC Investor Relations https://ir.cvcb.com/news-market-information/press-releases/default.aspx.
The Board of Directors of Central Valley Community Bancorp (Central Valley), the parent company of Central Valley Community Bank (CVCB), headquartered in Fresno, California, announced today the successful completion of the merger with Community West Bancshares (Community West), the parent company of Community West Bank (the Bank), headquartered in Goleta, California, effective April 1, 2024. Community West Bancshares merged with and into Central Valley Community Bancorp, and Community West Bank merged with and into Central Valley Community Bank, creating a combined company in an all-stock merger transaction.
Central Valley Community Bancorp (Central Valley), (NASDAQCVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West), NASDAQ: CWBCNASDAQCWBC)
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Community West Bancshares (NasdaqGM: CWBC) to Central Valley Community Bancorp (NasdaqCM: CVCY). Under the terms of the proposed transaction, shareholders of Community West will receive 0.79 shares of Central Valley for each share of Community West that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Community West Bancshares (NasdaqGM: CWBC) to Central Valley Community Bancorp (NasdaqCM: CVCY). Under the terms of the proposed transaction, shareholders of Community West will receive 0.79 shares of Central Valley for each share of Community West that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Community West Bancshares (NASDAQCWBC) to Central Valley Community Bancorp for 0.79 shares of Central Valley common stock for each share of Community West common stock is fair to Community West shareholders. Following the proposed transaction, existing Community West shareholders will own approximately 37% of the combined company.
Central Valley Community Bancorp (Central Valley), (NASDAQCVCY), headquartered in Fresno, California, together with its banking subsidiary, Central Valley Community Bank (CVCB) and Community West Bancshares (Community West) NASDAQ: CWBCNASDAQCWBC)
