NasdaqGM:CWBC

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Community West Bancshares

Executive Summary

Community West Bancshares operates as the bank holding company for Community West Bank, N.A.


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

-0.3%

CWBC

-2.4%

US Banks

2.2%

US Market


1 Year Return

-20.3%

CWBC

-22.7%

US Banks

16.2%

US Market

Return vs Industry: CWBC exceeded the US Banks industry which returned -23.2% over the past year.

Return vs Market: CWBC underperformed the US Market which returned 15.9% over the past year.


Shareholder returns

CWBCIndustryMarket
7 Day-0.3%-2.4%2.2%
30 Day-6.3%0.8%4.9%
90 Day15.4%6.1%17.8%
1 Year-18.5%-20.3%-19.9%-22.7%18.7%16.2%
3 Year-20.1%-24.6%-15.5%-22.2%41.1%32.0%
5 Year23.6%13.3%10.1%-3.3%74.5%55.7%

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

Valuation

Is Community West Bancshares undervalued compared to its fair value and its price relative to the market?

8.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CWBC ($7.73) is trading above our estimate of fair value ($6.39)

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 (8.6x) compared to the US Banks industry average (9.6x).

PE vs Market: CWBC is good value based on its PE Ratio (8.6x) compared to the US market (18x).


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?

26.8%

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

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 -2.8%.


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 (347%).

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 (80%).

Low Risk Deposits: CWBC's Loans to Deposits ratio (113%) is appropriate.

Level of Bad Loans: CWBC has an appropriate level of bad loans (0.4%).


Next Steps

Dividend

What is Community West Bancshares's current dividend yield, its reliability and sustainability?

2.33%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CWBC's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: CWBC's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (4.54%).


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 (24.4%), 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)

8.42yrs

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 ($USD701.84K) is about average for companies of similar size in the US market ($USD607.19K).

Compensation vs Earnings: Marty's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Martin Plourd
President8.42yrsUS$701.84k0.90%
$ 632.0k
Timothy Stronks
Executive VP & COOno dataUS$333.36k0.012%
$ 8.2k
William Filippin
Executive VP0.17yrUS$387.64k0.11%
$ 76.8k
John Illgen
Independent Director & Secretary23.58yrsUS$27.80k0.41%
$ 288.7k
Susan Thompson
Executive VP & CFO3.33yrsUS$291.50k0.14%
$ 99.0k
Chris Lem
Senior VP & Compliance Managerno datano datano data
Kevin Moon
Senior VP and Director of Marketing & Product Developmentno datano datano data
Jennifer Ofner
Senior VP & Director of Human Resourcesno datano datano data
Cynthia Hooper
Senior VP & Risk Officerno dataUS$149.43kno data
Thomas Wetzel
Senior VP & Chief Risk Officer8.17yrsno datano data
Jason Bietz
Deputy Chief Credit Officerno datano datano data
Michael Will
Senior VP and Director of Credit Operations & Legal Reviewno datano datano 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

NamePositionTenureCompensationOwnership
Martin Plourd
President8.42yrsUS$701.84k0.90%
$ 632.0k
John Illgen
Independent Director & Secretary23.58yrsUS$27.80k0.41%
$ 288.7k
James Lokey
Independent Director5.17yrsUS$32.40k0.13%
$ 87.9k
William Peeples
Independent Chairman of the Board16.58yrsUS$22.60k9.45%
$ 6.6m
Jean Blois
Independent Director23.58yrsUS$18.50k0.79%
$ 552.5k
Robert Bartlein
Independent Director23.58yrsUS$37.80k6.85%
$ 4.8m
Kirk Stovesand
Independent Director17.25yrsUS$38.70k0.72%
$ 501.5k
Christopher Raffo
Director0.083yrno datano data
Thomas Dobyns
Independent Director3.08yrsUS$23.60k0.030%
$ 20.6k
Shereef Moharram
Independent Director8.67yrsUS$19.00k0.17%
$ 119.0k
Dana Boutain
Independent Director3.08yrsUS$19.90k0.0024%
$ 1.6k

8.7yrs

Average Tenure

69.5yo

Average Age

Experienced Board: CWBC's board of directors are considered experienced (8.7 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$69.898m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CWBCNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 23:44
End of Day Share Price2020/08/04 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.