
西部社区银行(NASDAQ:CWBC)发布季度财报,每股收益比预期低 0.08 美元

Community West Bancshares (NASDAQ:CWBC) reported quarterly earnings of $0.41 EPS, missing estimates by $0.08. The company had a return on equity of 8.06% and a net margin of 6.56%. Despite the earnings miss, the stock rose 0.7% to $20.36. Insider trading activity included Director Robert Bartlein purchasing 2,001 shares. Institutional investors own 33.80% of the company, with Jane Street Group recently acquiring a stake. Analysts have lowered price targets, with Piper Sandler and Keefe, Bruyette & Woods both setting targets at $19.00.
Community West Bancshares (NASDAQ:CWBC - Get Free Report) posted its earnings results on Thursday. The financial services provider reported $0.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.08), Zacks reports. Community West Bancshares had a net margin of 6.56% and a return on equity of 8.06%.
Community West Bancshares Stock Up 0.7%
Community West Bancshares stock traded up $0.15 during mid-day trading on Thursday, hitting $20.36. The company had a trading volume of 46,993 shares, compared to its average volume of 52,865. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.19. The stock's 50 day moving average price is $18.88 and its two-hundred day moving average price is $18.44. Community West Bancshares has a 12 month low of $15.57 and a 12 month high of $22.89. The company has a market capitalization of $388.08 million, a PE ratio of 31.32 and a beta of 0.77.
Insider Buying and Selling
In related news, Director Robert Bartlein bought 2,001 shares of the company's stock in a transaction on Monday, April 28th. The shares were acquired at an average cost of $17.19 per share, with a total value of $34,397.19. Following the completion of the acquisition, the director owned 440,877 shares of the company's stock, valued at $7,578,675.63. The trade was a 0.46% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders acquired 4,368 shares of company stock valued at $74,935 over the last 90 days. Insiders own 10.57% of the company's stock.
Institutional Investors Weigh In On Community West Bancshares
A hedge fund recently bought a new stake in Community West Bancshares stock. Jane Street Group LLC purchased a new stake in shares of Community West Bancshares (NASDAQ:CWBC - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,982 shares of the financial services provider's stock, valued at approximately $591,000. Jane Street Group LLC owned approximately 0.17% of Community West Bancshares at the end of the most recent reporting period. Institutional investors and hedge funds own 33.80% of the company's stock.
Analyst Ratings Changes
CWBC has been the topic of several recent research reports. Piper Sandler reduced their price target on Community West Bancshares from $22.00 to $19.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 22nd. Keefe, Bruyette & Woods reduced their price target on Community West Bancshares from $21.00 to $19.00 and set a "market perform" rating on the stock in a research note on Tuesday, April 22nd.
View Our Latest Research Report on Community West Bancshares
About Community West Bancshares
(Get Free Report)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 deposits; and cash management products.
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