DA Davidson Has Negative Outlook of CWBC FY2026 Earnings

Community West Bancshares (NASDAQ:CWBC) – DA Davidson cut their FY2026 EPS estimates for shares of Community West Bancshares in a research report issued on Monday, September 29th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $2.24 per share for the year, down from their previous estimate of $2.28. DA Davidson currently has a “Buy” rating and a $24.00 target price on the stock. The consensus estimate for Community West Bancshares’ current full-year earnings is $2.15 per share.

A number of other brokerages have also recently issued reports on CWBC. Zacks Research raised Community West Bancshares from a “strong sell” rating to a “hold” rating in a research report on Friday, August 15th. Keefe, Bruyette & Woods increased their price objective on Community West Bancshares from $19.00 to $22.00 and gave the company a “market perform” rating in a report on Friday, July 18th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.67.

Community West Bancshares Stock Performance

Shares of CWBC stock opened at $20.69 on Wednesday. The stock’s 50-day moving average is $20.54 and its two-hundred day moving average is $19.09. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.84 and a current ratio of 0.84. Community West Bancshares has a 1 year low of $15.57 and a 1 year high of $22.89. The firm has a market cap of $395.80 million, a price-to-earnings ratio of 14.88 and a beta of 0.91.

Community West Bancshares (NASDAQ:CWBC) last announced its quarterly earnings results on Thursday, July 17th. The financial services provider reported $0.41 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.08). Community West Bancshares had a return on equity of 7.91% and a net margin of 13.88%.The company had revenue of $35.67 million for the quarter, compared to analyst estimates of $35.90 million.

Institutional Investors Weigh In On Community West Bancshares

Several large investors have recently modified their holdings of the stock. Two Sigma Investments LP grew its position in Community West Bancshares by 92.8% in the 4th quarter. Two Sigma Investments LP now owns 32,447 shares of the financial services provider’s stock valued at $628,000 after buying an additional 15,616 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Community West Bancshares in the 4th quarter worth $329,000. Victory Capital Management Inc. boosted its holdings in shares of Community West Bancshares by 2.6% in the first quarter. Victory Capital Management Inc. now owns 56,000 shares of the financial services provider’s stock valued at $1,035,000 after acquiring an additional 1,400 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Community West Bancshares by 70.4% during the first quarter. Wellington Management Group LLP now owns 152,187 shares of the financial services provider’s stock worth $2,812,000 after acquiring an additional 62,854 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in shares of Community West Bancshares by 28.3% during the first quarter. PNC Financial Services Group Inc. now owns 2,565 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 565 shares during the period. Hedge funds and other institutional investors own 33.80% of the company’s stock.

Community West Bancshares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Friday, August 1st were paid a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Friday, August 1st. Community West Bancshares’s dividend payout ratio (DPR) is 34.53%.

About Community West Bancshares

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 as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposits; and cash management products.