CommerceWest Bank provides various commercial banking products and services for small and mid-sized businesses in California.
Solid track record with adequate balance sheet.
Share Price & News
How has CommerceWest Bank's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CWBK has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CWBK matched the US Banks industry which returned 10.3% over the past year.
Return vs Market: CWBK underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is CommerceWest Bank's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is CommerceWest Bank undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CWBK ($23.4) is trading above our estimate of fair value ($16.52)
Significantly Below Fair Value: CWBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CWBK is good value based on its PE Ratio (8.7x) compared to the Banks industry average (12.6x).
PE vs Market: CWBK is good value based on its PE Ratio (8.7x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CWBK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CWBK is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.2x).
How is CommerceWest Bank forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 CommerceWest Bank 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.
- Check out CommerceWest Bank's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access CommerceWest Bank's filings and announcements here.
- Explore growth companies in the Banks industry.
How has CommerceWest Bank performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CWBK has high quality earnings.
Growing Profit Margin: CWBK's current net profit margins (34.3%) are higher than last year (27.9%).
Past Earnings Growth Analysis
Earnings Trend: CWBK's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: CWBK's earnings growth over the past year (38.3%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: CWBK earnings growth over the past year (38.3%) exceeded the Banks industry 12.2%.
Return on Equity
High ROE: CWBK's Return on Equity (12.7%) is considered low.
Return on Assets
Return on Capital Employed
How is CommerceWest Bank's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CWBK has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if CWBK's debt is covered by short term assets.
Financial Institutions Analysis
Asset Level: CWBK's level of assets compared to its equity is moderate.
Allowance for Bad Loans: Insufficient data to determine if CWBK has a sufficient allowance for bad loans.
Low Risk Liabilities: CWBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: CWBK has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CWBK's loans are broadly funded by customer deposits.
Level of Bad Loans: Insufficient data to determine if CWBK has an appropriate level of bad loans.
What is CommerceWest Bank's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CWBK's dividend (2.91%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: CWBK's dividend (2.91%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, CWBK has been paying a dividend for less than 10 years.
Growing Dividend: CWBK has only been paying a dividend for 3 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.3%), CWBK'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ivo Tjan (45yo)
Ivo A. Tjan is currently serving as Chairman, President and Chief Executive Officer of CommerceWest Bank. Mr. Tjan is the Founder of the company and launched an Initial Public Offering in 2001. For the pas ...
|Vice Chairman of the Board||17.1yrs||US$7.65k||no data|
|Independent Director||19.1yrs||US$9.15k||no data|
|Independent Director||10.1yrs||no data||no data|
|Independent Director||19.1yrs||US$8.15k||no data|
|Independent Director||19.1yrs||US$8.15k||no data|
Experienced Board: CWBK's board of directors are seasoned and experienced ( 18.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CommerceWest Bank's company bio, employee growth, exchange listings and data sources
- Name: CommerceWest Bank
- Ticker: CWBK
- Exchange: OTCPK
- Founded: 2001
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$85.270m
- Shares outstanding: 3.64m
- Website: https://www.cwbk.com
- CommerceWest Bank
- 2111 Business Center Drive
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CWBK||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2001|
CommerceWest Bank provides various commercial banking products and services for small and mid-sized businesses in California. It accepts various deposit products, including business checking and analyzed checking, money market deposit, savings, sweep, and attorney client trust accounts; personal accounts for owners and key executives; and anywhere checking accounts. The company also offers asset based/M&A, term, and commercial real estate loans; lines of credit; commercial and stand-by letters of credit; and collection services. In addition, it provides treasury and cash management services, concierge services, and remote deposit solutions. The company was founded in 2001 and is headquartered in Irvine, California.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 00:47|
|End of Day Share Price||2020/02/20 00:00|
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.