News headlines about Community West Bancshares (NASDAQ:CWBC) have been trending somewhat positive recently, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Community West Bancshares earned a news impact score of 0.16 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.8187632372434 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of Community West Bancshares (NASDAQ:CWBC) traded up 0.49% during mid-day trading on Friday, reaching $10.30. 35,202 shares of the company’s stock were exchanged. Community West Bancshares has a one year low of $7.75 and a one year high of $10.65. The company has a market capitalization of $84.04 million, a PE ratio of 15.37 and a beta of 0.53. The company’s 50-day moving average price is $10.21 and its 200-day moving average price is $10.17.
Community West Bancshares (NASDAQ:CWBC) last released its earnings results on Friday, July 28th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. Community West Bancshares had a net margin of 15.37% and a return on equity of 8.68%. The business had revenue of $8.73 million during the quarter.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Monday, August 14th will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, August 10th. Community West Bancshares’s payout ratio is 23.53%.
In other news, Director William R. Peeples sold 28,807 shares of the company’s stock in a transaction on Monday, June 5th. The shares were sold at an average price of $10.03, for a total transaction of $288,934.21. Following the completion of the sale, the director now owns 919,257 shares of the company’s stock, valued at $9,220,147.71. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Charles G. Baltuskonis sold 6,090 shares of the business’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $10.25, for a total transaction of $62,422.50. Following the transaction, the insider now directly owns 13,000 shares in the company, valued at approximately $133,250. The disclosure for this sale can be found here. In the last ninety days, insiders have bought 861 shares of company stock valued at $8,755 and have sold 82,307 shares valued at $835,737. 26.01% of the stock is owned by corporate insiders.
Community West Bancshares Company Profile
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.
Receive News & Ratings for Community West Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Community West Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
