FRESNO, Calif.--(BUSINESS WIRE)-- James J. Kim, President and CEO of Community West Bank (the Bank), announced today the appointment of Hinson M. Thomas as Executive Vice President and Chief Credit Officer (CCO) for the Bank, effective March 17, 2025. Thomas brings over 30 years of experience in credit risk management, commercial banking and lending. Most recently, he served as EVP, Chief Credit Officer for a California-based community bank. A respected financial services industry leader, Thomas is highly regarded for his ability to foster strong teams and nurture commercial, small business a...
FRESNO, Calif.--(BUSINESS WIRE)-- The Board of Directors of Community West Bancshares (“Company”) (NASDAQ: CWBC), the parent company of Community West Bank (“Bank”), reported today unaudited consolidated net income of $6,895,000, and diluted earnings per common share of $0.36 for the three months ended December 31, 2024, compared to $5,893,000 and $0.50 per diluted common share for the three months ended December 31, 2023. For the full release, please visit one of the following: Community West Bank Newsroom or CWBC Investor Relations . Company Overview Effective on April 1, 2024, Central ...
Community West Bancshares Reports Full Year Earnings and Declares Quarterly Cash Dividend of $0.08 Per Common Share GOLETA, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $7.3 million, or $0.81 per diluted share, for the year ended December 31, 2023, compared to $13.4 million, or $1.51 per diluted share, for the year ended December 31, 2022. For the quarter ended December 31, 2023, the Company reported $479,000, or $0.05 per diluted s...
Community West Bancshares Reports Third Quarter 2023 Earnings of $2.3 Million, or $0.25 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share GOLETA, Calif., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $2.3 million, or $0.25 per diluted share, for the third quarter of 2023, compared to $2.1 million, or $0.24 per diluted share, for the preceding quarter, and $3.5 million, or $0.39 per diluted share, for the third quart...
Community West Bancshares Authorizes Extension to Stock Repurchase Plan GOLETA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today announced that its Board of Directors has extended the Company’s stock repurchase plan until August 31, 2025. The balance available for common stock repurchase from the authorized $4.5 million is $1,435,783. Stock repurchases may be made from time to time through open market purchases, block trades or privately negotiated transactions. C...
Community West Bancshares Reports Second Quarter 2023 Earnings of $2.1 Million, or $0.24 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share GOLETA, Calif., July 28, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $2.1 million, or $0.24 per diluted share, for the second quarter of 2023, compared to $2.5 million, or $0.27 per diluted share, for the preceding quarter, and $2.6 million, or $0.30 per diluted share, for the second qu...
Community West Bancshares Named to American Banker Magazine Top 200 Publicly Traded Community Banks GOLETA, Calif., June 14, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), announced its inclusion in American Banker magazine’s annual list of Top 200 Publicly Traded Community Banks and Thrifts under $2.0 billion in asset size. In its June 12, 2023 article, American Banker ranked Community West Bancshares 124th on its Top 200 Publicly Traded Community Banks and Thrifts list based ...
Community West Bancshares Reports First Quarter 2023 Earnings of $2.5 Million, or $0.27 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share GOLETA, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $2.5 million, or $0.27 per diluted share, for the first quarter of 2023, compared to $3.4 million, or $0.38 per diluted share, for the preceding quarter, and $4.0 million, or $0.45 per diluted share, for the first quar...
Community West Bancshares Reports Fourth Quarter 2022 Earnings of $3.4 Million, or $0.38 Per Diluted Share, and Record Net Income of $13.4 Million, or $1.51 Per Diluted Share, for the Year; Increases Quarterly Cash Dividend to $0.08 Per Common Share GOLETA, Calif., Jan. 27, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $3.4 million, or $0.38 per diluted share, for the fourth quarter of 2022, compared to $3.5 million, or $0.39 per diluted share, for the...
Community West Bancshares Earns $3.5 Million, or $0.39 Per Diluted Share, in Third Quarter 2022; Declares Quarterly Cash Dividend of $0.075 Per Common Share GOLETA, Calif., Oct. 28, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $3.5 million, or $0.39 per diluted share, for the third quarter of 2022, compared to $2.6 million, or $0.30 diluted share, for the preceding quarter, and $3.6 million, or $0.41 per diluted share, for the third quarter of 2021. F...
Community West Bancshares Earns $2.6 Million, or $0.30 Per Diluted Share, in Second Quarter 2022; Declares Quarterly Cash Dividend of $0.075 Per Common Share GOLETA, Calif., July 29, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income of $2.6 million, or $0.30 per diluted share, for the second quarter of 2022, compared to $3.6 million, or $0.41 diluted share, for the second quarter of 2021, and $4.0 million, or $0.45 per diluted share, for the first quarter of ...
Community West Bancshares Named to American Banker Magazine Top 200 Publicly Traded Community Banks GOLETA, Calif., June 13, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (NASDAQ: CWBC), parent company of Community West Bank, announced its inclusion in American Banker magazine’s annual list of Top 200 Publicly Traded Community Banks and Thrifts. In its May 2022 issue, American Banker ranked Community West Bancshares 125th on its Top 200 Publicly Traded Community Banks and Thrifts list based on three-year average return on equity (“ROE”) as of 12/31/2021 (Source: Capital Perfor...
Community West Bancshares Earnings Increase 31% to $4.0 Million, or $0.45 Per Diluted Share, in 1Q22 Compared to 1Q21; Declares Increased Quarterly Cash Dividend of $0.075 Per Common Share GOLETA, Calif., April 29, 2022 (GLOBE NEWSWIRE) -- Community West Bancshares (“Community West” or the “Company”), (NASDAQ: CWBC), parent company of Community West Bank (the “Bank”), today reported net income increased 31.1% to $4.0 million, or $0.45 per diluted share, for the first quarter of 2022, compared to $3.0 million, or $0.35 diluted share, for the first quarter of 2021, and increased 36.8% compa...
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