Community West Bancshares
Market Cap
US$69.5m
Last Updated
2020/09/20 06:34 UTC
Data Sources
Company Financials
Executive Summary
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with proven track record.
Similar Companies
Share Price & News
How has Community West Bancshares's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWBC has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.6%
CWBC
-1.3%
US Banks
0.09%
US Market
1 Year Return
-16.8%
CWBC
-26.7%
US Banks
12.6%
US Market
Return vs Industry: CWBC exceeded the US Banks industry which returned -26.7% over the past year.
Return vs Market: CWBC underperformed the US Market which returned 12.6% over the past year.
Shareholder returns
| CWBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.6% | -1.3% | 0.09% |
| 30 Day | -1.0% | 0.3% | -1.6% |
| 90 Day | 2.8% | -3.5% | 7.9% |
| 1 Year | -14.9%-16.8% | -24.0%-26.7% | 15.2%12.6% |
| 3 Year | -16.7%-21.5% | -15.5%-22.4% | 38.9%29.6% |
| 5 Year | 30.2%18.7% | 21.0%6.1% | 87.6%66.5% |
Price Volatility Vs. Market
How volatile is Community West Bancshares's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Community West Bancshares (NASDAQ:CWBC) A Smart Choice For Dividend Investors?1 month ago | Simply Wall St
Community West Bancshares (NASDAQ:CWBC) Could Be A Buy For Its Upcoming Dividend2 months ago | Simply Wall St
How Many Community West Bancshares (NASDAQ:CWBC) Shares Did Insiders Buy, In The Last Year?Valuation
Is Community West Bancshares undervalued compared to its fair value and its price relative to the market?
9.1x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CWBC ($8.2) is trading above our estimate of fair value ($6.42)
Significantly Below Fair Value: CWBC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWBC is good value based on its PE Ratio (9.1x) compared to the US Banks industry average (9.7x).
PE vs Market: CWBC is good value based on its PE Ratio (9.1x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CWBC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWBC's PB Ratio (0.8x) is in line with the US Banks industry average.
Next Steps
Future Growth
How is Community West Bancshares forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.2%
Forecasted Banks industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Community West Bancshares has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Check out Community West Bancshares's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Banks industry.
Past Performance
How has Community West Bancshares performed over the past 5 years?
18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWBC has high quality earnings.
Growing Profit Margin: CWBC's current net profit margins (20.1%) are higher than last year (18.9%).
Past Earnings Growth Analysis
Earnings Trend: CWBC's earnings have grown by 18% per year over the past 5 years.
Accelerating Growth: CWBC's earnings growth over the past year (12%) is below its 5-year average (18% per year).
Earnings vs Industry: CWBC earnings growth over the past year (12%) exceeded the Banks industry -3.1%.
Return on Equity
High ROE: CWBC's Return on Equity (9.1%) is considered low.
Next Steps
Financial Health
How is Community West Bancshares's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: CWBC's Assets to Equity ratio (12.6x) is moderate.
Allowance for Bad Loans: CWBC has a sufficient allowance for bad loans (379%).
Low Risk Liabilities: 77% of CWBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: CWBC has an appropriate level of Loans to Assets ratio (76%).
Low Risk Deposits: CWBC's Loans to Deposits ratio (108%) is appropriate.
Level of Bad Loans: CWBC has an appropriate level of bad loans (0.3%).
Next Steps
Dividend
What is Community West Bancshares's current dividend yield, its reliability and sustainability?
2.20%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWBC's dividend (2.2%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: CWBC's dividend (2.2%) is low compared to the top 25% of dividend payers in the US market (4.7%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CWBC has been paying a dividend for less than 10 years.
Growing Dividend: CWBC's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (23.3%), CWBC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.8yrs
Average management tenure
CEO
Marty Plourd (61 yo)
8.5yrs
Tenure
US$701,839
Compensation
Mr. Martin E. Plourd, also known as Marty, has been the Chief Executive Officer and President of Community West Bancshares since May 29, 2012. Mr. Plourd has been the Chief Executive Officer and President ...
CEO Compensation Analysis
Compensation vs Market: Marty's total compensation ($USD701.84K) is about average for companies of similar size in the US market ($USD589.17K).
Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.5yrs | US$701.84k | 0.91% $ 631.4k | |
| Executive VP & COO | no data | US$333.36k | 0.012% $ 8.2k | |
| Executive VP | 0.25yr | US$387.64k | 0.11% $ 76.4k | |
| Independent Director & Secretary | 23.67yrs | US$27.80k | 0.41% $ 287.0k | |
| Executive VP & CFO | 3.42yrs | US$291.50k | 0.14% $ 98.4k | |
| Senior VP & Compliance Manager | no data | no data | no data | |
| Senior VP and Director of Marketing & Product Development | no data | no data | no data | |
| Senior VP & Director of Human Resources | no data | no data | no data | |
| Senior VP & Risk Officer | no data | US$149.43k | no data | |
| Senior VP & Chief Risk Officer | 8.25yrs | no data | no data | |
| Deputy Chief Credit Officer | no data | no data | no data | |
| Senior VP and Director of Credit Operations & Legal Review | no data | no data | no data |
5.8yrs
Average Tenure
57yo
Average Age
Experienced Management: CWBC's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.5yrs | US$701.84k | 0.91% $ 631.4k | |
| Independent Director & Secretary | 23.67yrs | US$27.80k | 0.41% $ 287.0k | |
| Independent Director | 5.25yrs | US$32.40k | 0.13% $ 87.4k | |
| Independent Chairman of the Board | 16.67yrs | US$22.60k | 9.45% $ 6.6m | |
| Independent Director | 23.67yrs | US$18.50k | 0.79% $ 549.1k | |
| Independent Director | 23.67yrs | US$37.80k | 6.85% $ 4.8m | |
| Independent Director | 17.33yrs | US$38.70k | 0.72% $ 501.0k | |
| Director | 0.083yr | no data | no data | |
| Independent Director | 3.17yrs | US$23.60k | 0.030% $ 20.5k | |
| Independent Director | 8.75yrs | US$19.00k | 0.17% $ 118.3k | |
| Independent Director | 3.17yrs | US$19.90k | 0.0024% $ 1.6k |
8.8yrs
Average Tenure
69.5yo
Average Age
Experienced Board: CWBC's board of directors are considered experienced (8.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CWBC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Community West Bancshares's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Community West Bancshares
- Ticker: CWBC
- Exchange: NasdaqGM
- Founded: 1989
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$69.474m
- Shares outstanding: 8.47m
- Website: https://www.communitywest.com
Number of Employees
Location
- Community West Bancshares
- 445 Pine Avenue
- Goleta
- California
- 93117
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| CWBC | NasdaqGM (Nasdaq Global Market) | Yes | Common Stock | US | USD | Apr 1996 |
Biography
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 a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/20 06:34 |
| End of Day Share Price | 2020/09/18 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.