Community West Bancshares (OQ:CWBC)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 7100 N. Financial Drive, #101
FRESNO CA 93720
Tel: 1-916-2354617
Website: https://www.cvcb.com
IR: See website
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Key People
Martin E. Plourd
President, Director of Company and Bank
Steven D. Mcdonald
Secretary, Independent Director of the company and the Bank
James J. Kim
Chief Executive Officer of the Company, Chief Executive Officer and President - Community West Bank
Robert H. Bartlein
Independent Vice Chairman of the Board
Shannon Livingston
Chief Financial Officer, Executive Vice President
Blaine C. Lauhon
Executive Vice President, Chief Administrative Officer
Patrick A. Luis
Executive Vice President, Chief Credit Officer
Jeffrey Martin
Executive Vice President and Chief Banking Officer
A. Kenneth Ramos
Executive Vice President and Regional Executive for the Greater Sacramento and San Joaquin Valley Regions
Dawn M. Cagle
Executive Vice President and Chief Human Resources Officer of the Bank
   
Business Overview
Community West Bancshares, formerly Central Valley Community Bancorp, is a financial services company. The Company is the holding company for Community West Bank (the Bank), the publicly traded community bank (by assets). The principal business activities of the Company are relationship banking, manufactured housing lending and government guaranteed lending. Its personal banking services include checking, savings, personal loans, real estate loans, personal credit cards, online banking, mobile banking, bill pay, Zelle, eStatements, Certificates of Deposit (CDs) & money markets, Visa Debit Cards and IRAs. Its business banking services include business loans, agriculture loans, SBA loans, real estate loans, business credit cards, cash management services, business online banking, merchant card services and others. The Bank operates 27 full-service Banking Centers throughout Central California from Sacramento in the north, throughout the San Joaquin Valley and west to the Coast.
Financial Overview
For the nine months ended 30 September 2024, Community West Bancshares interest income increased 50% to $114.9M. Net interest income after loan loss provision increased 10% to $68.5M. Net income decreased 96% to $771K. Net interest income after loan loss provision reflects Traditional commercial banking services to small- sized busi segment increase of 67% to $67.9M, Net Interest Margin, Total -% increase of less than 1% to 3.59%.
Employees: 356 as of Sep 30, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $399.36M as of Sep 30, 2024
Annual revenue (TTM): $160.39M as of Sep 30, 2024
EBITDA (TTM): $34.66M as of Sep 30, 2024
Net annual income (TTM): $7.67M as of Sep 30, 2024
Free cash flow (TTM): N/A
Net Debt Last Fiscal Year: $41.86M as of Sep 30, 2024
Shares outstanding: 18,945,644 as of Oct 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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