OTCPK:CALW

Stock Analysis Report

Executive Summary

CalWest Bancorp operates as a holding company for CalWest Bank that provides various banking products and services to entrepreneurs, high net worth individuals, and businesses in California.

Snowflake

Fundamentals

Flawless balance sheet with concerning outlook.

Share Price & News

How has CalWest Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CALW

1.7%

US Banks

1.3%

US Market


1 Year Return

-2.9%

CALW

0.3%

US Banks

5.9%

US Market

Return vs Industry: CALW underperformed the US Banks industry which returned 0.3% over the past year.

Return vs Market: CALW underperformed the US Market which returned 5.9% over the past year.


Shareholder returns

CALWIndustryMarket
7 Day0%1.7%1.3%
30 Day-2.5%-2.4%-1.9%
90 Day-4.6%1.0%-1.8%
1 Year-2.9%-2.9%3.2%0.3%8.3%5.9%
3 Year2.8%2.8%52.1%41.7%45.6%36.2%
5 Year-66.9%-66.9%69.8%51.4%66.1%47.9%

Price Volatility Vs. Market

How volatile is CalWest Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CalWest Bancorp undervalued compared to its fair value and its price relative to the market?

21.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: CALW ($0.39) is trading above our estimate of fair value ($0.32)

Significantly Undervalued: CALW is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CALW is poor value based on its PE Ratio (21.6x) compared to the Banks industry average (12.5x).

PE vs Market: CALW is poor value based on its PE Ratio (21.6x) compared to the US market (17.5x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate CALW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CALW is overvalued based on its PB Ratio (1.7x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is CalWest Bancorp forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CALW's forecast earnings growth (10% per year) is above the savings rate (2.7%).

Earnings vs Market: CALW's earnings (10% per year) are forecast to grow slower than the US market (14.4% per year).

High Growth Earnings: CALW's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if CALW's revenue is forecast to grow faster than the US market.

High Growth Revenue: Insufficient data to determine if CALW's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if CALW's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has CalWest Bancorp performed over the past 5 years?

48.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CALW's earnings have grown significantly by 48.3% per year over the past 5 years.

Accelerating Growth: CALW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CALW had negative earnings growth (-25.8%) over the past year, making it difficult to compare to the Banks industry average (31.8%).


Return on Equity

High ROE: CALW's Return on Equity (7.7%) is considered low.


Return on Assets

ROA vs Industry: CALW's Return on Assets is below or equal to the Banks industry average last year.


Return on Capital Employed

ROCE Improving: Insufficient data to calculate CALW's Return on Capital Employed to determine if it has improved over the past 3 years.


Next Steps

Financial Health

How is CalWest Bancorp'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: CALW has a low level of unsold assets or inventory.

Debt Coverage by Assets: CALW's debt is covered by short term assets (assets are 12.852650x debt).


Financial Institutions Analysis

Asset Level: CALW's level of assets compared to its equity is moderate.

Allowance for Bad Loans: CALW has a sufficient allowance for bad loans.

Low Risk Liabilities: CALW's liabilities are made up of primarily low risk sources of funding.

Loan Level: CALW has an acceptable proportion of non-loan assets held.

Low Risk Deposits: CALW's loans are broadly funded by customer deposits.

Level of Bad Loans: CALW has an appropriate level of bad loans (0%)


Next Steps

Dividend

What is CalWest Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage3.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate CALW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate CALW's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CALW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CALW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CALW's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of CalWest Bancorp's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average board tenure


CEO

Glenn Gray (65yo)

7.3yrs

Tenure

US$223,980

Compensation

Mr. Glenn E. Gray serves as Chief Executive Officer, President and Secretary of CalWest Bancorp (the “Company). Mr. Gray serves as Chief Executive Officer and President of Calwest Bank (the “Bank”). He ser ...


CEO Compensation Analysis

Compensation vs. Market: Glenn's total compensation ($USD0.00) is too low to compare against companies of similar size in the US market ($USD495.77K).

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


Board Age and Tenure

3.6yrs

Average Tenure

55yo

Average Age

Experienced Board: CALW's board of directors are considered experienced (3.6 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Glenn Gray (65yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$223.98k
  • Najam Saiduddin (58yo)

    Executive VP & CFO

    • Tenure: 16.8yrs
    • Compensation: US$184.82k
  • Sanjaya Aragalla

    Executive VP & Chief Credit Officer

    • Tenure: 0yrs

Board Members

  • Glenn Gray (65yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$223.98k
  • Jeremy Zhu (46yo)

    Director

    • Tenure: 3.6yrs
  • Ken Karmin (58yo)

    Chairman of the Board

    • Tenure: 3.3yrs
  • Bill Black (42yo)

    Director

    • Tenure: 3.6yrs
  • Fadi Cheikha (50yo)

    Director

    • Tenure: 9.8yrs
  • Kip Lord (62yo)

    Director

    • Tenure: 3.6yrs
  • Richard Mandel (55yo)

    Director

    • Tenure: 3.6yrs

Company Information

CalWest Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CalWest Bancorp
  • Ticker: CALW
  • Exchange: OTCPK
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$28.874m
  • Shares outstanding: 74.04m
  • Website: https://www.calwestbancorp.com

Number of Employees


Location

  • CalWest Bancorp
  • 400 Spectrum Center Drive
  • Suite 100
  • Irvine
  • California
  • 92618
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CALWOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2001

Biography

CalWest Bancorp operates as a holding company for CalWest Bank that provides various banking products and services to entrepreneurs, high net worth individuals, and businesses in California. Its deposit pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/15 23:44
End of Day Share Price2019/10/04 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.