Community West Bancshares
Market Cap
US$88.0m
Last Updated
2019/11/13 23:33 UTC
Data Sources
Company Financials
Executive Summary
Community West Bancshares operates as the bank holding company for Community West Bank, N.A.
Snowflake
Flawless balance sheet and slightly overvalued.
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
2.5%
CWBC
-0.7%
US Banks
0.4%
US Market
1 Year Return
-3.7%
CWBC
10.4%
US Banks
13.1%
US Market
Return vs Industry: CWBC underperformed the US Banks industry which returned 10.4% over the past year.
Return vs Market: CWBC underperformed the US Market which returned 13.1% over the past year.
Shareholder returns
| CWBC | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | -0.7% | 0.4% |
| 30 Day | 5.6% | 8.3% | 4.0% |
| 90 Day | 6.4% | 19.0% | 7.4% |
| 1 Year | -1.2%-3.7% | 13.7%10.4% | 15.6%13.1% |
| 3 Year | 30.5%23.8% | 40.9%31.0% | 48.2%38.6% |
| 5 Year | 74.5%60.0% | 72.2%53.1% | 62.6%44.6% |
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
6 days ago | Simply Wall St
Community West Bancshares (NASDAQ:CWBC) Pays A 0.5% In Just 4 Days2 weeks ago | Simply Wall St
Could The Community West Bancshares (NASDAQ:CWBC) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
If You Had Bought Community West Bancshares (NASDAQ:CWBC) Shares Five Years Ago You'd Have Made 62%Valuation
Is Community West Bancshares undervalued compared to its fair value and its price relative to the market?
13.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CWBC ($10.4) is trading above our estimate of fair value ($8.48)
Significantly Below Fair Value: CWBC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWBC is poor value based on its PE Ratio (13.3x) compared to the Banks industry average (12.6x).
PE vs Market: CWBC is good value based on its PE Ratio (13.3x) 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 is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).
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?
8.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CWBC's forecast earnings growth (8.9% per year) is above the savings rate (2.7%).
Earnings vs Market: CWBC's earnings (8.9% per year) are forecast to grow slower than the US market (14.3% per year).
High Growth Earnings: CWBC's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if CWBC's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CWBC's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CWBC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Community West Bancshares performed over the past 5 years?
8.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWBC has a high level of non-cash earnings.
Growing Profit Margin: CWBC's current net profit margins (18.2%) are higher than last year (17.6%).
Past Earnings Growth Analysis
Earnings Trend: CWBC's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: CWBC's earnings growth over the past year (1.6%) is below its 5-year average (8% per year).
Earnings vs Industry: CWBC earnings growth over the past year (1.6%) underperformed the Banks industry 27.7%.
Return on Equity
High ROE: CWBC's Return on Equity (8.3%) is considered low.
Return on Assets
Return on Capital Employed
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
Inventory Level: CWBC has a low level of unsold assets or inventory.
Debt Coverage by Assets: CWBC's debt is covered by short term assets (assets are 2.7x debt).
Financial Institutions Analysis
Asset Level: CWBC's level of assets compared to its equity is moderate.
Allowance for Bad Loans: CWBC has a sufficient allowance for bad loans.
Low Risk Liabilities: CWBC's liabilities are made up of primarily low risk sources of funding.
Loan Level: CWBC has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CWBC's loans are broadly funded by customer deposits.
Level of Bad Loans: CWBC has an appropriate level of bad loans (0.74%)
Next Steps
Dividend
What is Community West Bancshares's current dividend yield, its reliability and sustainability?
2.11%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CWBC's dividend (2.12%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CWBC's dividend (2.12%) is low compared to the top 25% of dividend payers in the US market (3.66%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.8%), 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
What is the CEO of Community West Bancshares's salary, the management and board of directors tenure and is there insider trading?
5.9yrs
Average management tenure
CEO
Marty Plourd (60yo)
7.7yrs
Tenure
US$715,663
Compensation
Mr. Martin E. Plourd, also known as Marty, has been the Chief Executive Officer and President of Community West Bancshares since May 29, 2012. Mr. Plourd has been the Chief Executive Officer and President ...
CEO Compensation Analysis
Compensation vs Market: Marty's total compensation ($USD715.66K) is above average for companies of similar size in the US market ($USD509.90K).
Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.9yrs
Average Tenure
56yo
Average Age
Experienced Management: CWBC's management team is seasoned and experienced (5.9 years average tenure).
Board Age and Tenure
7.9yrs
Average Tenure
68.5yo
Average Age
Experienced Board: CWBC's board of directors are considered experienced (7.9 years average tenure).
Insider Trading
Insider Buying: CWBC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 1,917 |
| Max Price | US$9.75 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 814 |
| Max Price | US$9.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 307 |
| Max Price | US$9.77 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 1,500 |
| Max Price | US$9.68 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 5,263 |
| Max Price | US$9.70 |
| Entity | Individual |
| Role | Vice Chairman Independent Director |
| Shares | 500 |
| Max Price | US$9.67 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.83 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.85 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.76 |
| Entity | Individual |
| Role | Vice Chairman Independent Director |
| Shares | 22 |
| Max Price | US$9.73 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$10.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.87 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.75 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 296 |
| Max Price | US$10.08 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.77 |
| Entity | Individual |
| Role | Vice Chairman Independent Director |
| Shares | 1,000 |
| Max Price | US$9.75 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.87 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$9.92 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$10.00 |
| Entity | Individual |
| Role | Vice Chairman Independent Director |
| Shares | 1,000 |
| Max Price | US$9.90 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$10.12 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$10.07 |
| Entity | Individual |
| Role | Vice Chairman Independent Director |
| Shares | 1,000 |
| Max Price | US$9.95 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 1,000 |
| Max Price | US$10.18 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 263 |
| Max Price | US$10.29 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 20,000 |
| Max Price | US$10.37 |
| Entity | Individual |
| Role | Senior Key Executive Executive VP & Chief Banking Officer of Community West Bank |
| Shares | 1,000 |
| Max Price | US$10.30 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 500 |
| Max Price | US$10.08 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 10,000 |
| Max Price | US$10.65 |
| Entity | Individual |
| Role | Chairman of the Board Chairman of the Board |
| Shares | 20,000 |
| Max Price | US$10.60 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 229 |
| Max Price | US$11.74 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.4%.
Management Team
Marty Plourd (60yo)
President
- Tenure: 7.7yrs
- Compensation: US$715.66k
John Illgen (74yo)
Secretary & Director
- Tenure: 22.8yrs
- Compensation: US$33.31k
Cynthia Hooper (56yo)
Senior VP & Loan Servicing Department Manager
- Tenure: 0yrs
- Compensation: US$149.43k
Bill Filippin (55yo)
Executive VP & Chief Banking Officer of Community West Bank
- Tenure: 4.4yrs
- Compensation: US$386.49k
Susan Thompson (56yo)
Executive VP & CFO
- Tenure: 2.6yrs
- Compensation: US$291.50k
Jason Bietz
Regional President
- Tenure: 0yrs
Tom Wetzel
Senior VP & Chief Risk Officer
- Tenure: 7.4yrs
Chris Lem
Senior VP & Compliance Manager
- Tenure: 0yrs
Jennifer Ofner
Senior VP & Director of Human Resources
- Tenure: 0yrs
Kevin Moon
Senior VP and Director of Marketing & Product Development
- Tenure: 0yrs
Board Members
Marty Plourd (60yo)
President
- Tenure: 7.7yrs
- Compensation: US$715.66k
Jim Lokey (71yo)
Independent Director
- Tenure: 4.4yrs
- Compensation: US$44.56k
Bill Peeples (76yo)
Chairman of the Board
- Tenure: 15.8yrs
- Compensation: US$32.36k
Jean Blois (91yo)
Independent Director
- Tenure: 22.8yrs
- Compensation: US$29.91k
Robert Bartlein (71yo)
Independent Director
- Tenure: 0yrs
- Compensation: US$48.96k
John Illgen (74yo)
Secretary & Director
- Tenure: 22.8yrs
- Compensation: US$33.31k
Kirk Stovesand (56yo)
Independent Director
- Tenure: 16.5yrs
- Compensation: US$49.31k
Tom Dobyns (66yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$33.21k
Shereef Moharram (47yo)
Independent Director
- Tenure: 7.9yrs
- Compensation: US$28.41k
Dana Boutain (54yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$30.88k
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$88.034m
- 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 | 2019/11/13 23:33 |
| End of Day Share Price | 2019/11/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.