Welcome to our dedicated page for Community West Bancshares news (Ticker: CWBC), a resource for investors and traders seeking the latest updates and insights on Community West Bancshares stock.
Community West Bancshares (CWBC) provides full-service banking solutions across California's Greater Sacramento, San Joaquin Valley, and Central Coast regions. This page serves as the definitive source for official company announcements, offering stakeholders timely access to press releases and financial updates.
Track CWBC's strategic developments through curated news spanning quarterly earnings reports, leadership updates, and regulatory filings. Investors gain insights into the bank's commercial lending activities, real estate financing trends, and community-focused initiatives that drive its regional growth strategy.
Discover updates on CWBC's agribusiness partnerships, branch expansions, and financial product enhancements. All content is sourced directly from the company to ensure accuracy, with clear organization for efficient navigation across desktop and mobile devices.
Bookmark this page for streamlined access to CWBC's latest developments. Combine regular monitoring with review of historical announcements to maintain informed perspectives on this California banking institution's evolving market position.
Community West Bancshares (NASDAQ: CWBC) reported strong financial results for Q1 2025, with unaudited consolidated net income reaching $8.29 million and diluted earnings per share of $0.44. This represents a significant improvement compared to the same period in 2024, which saw earnings of $3.68 million and $0.31 per diluted share.
The company recently completed a strategic merger on April 1, 2024, when Central Valley Community Bancorp merged with Community West Bancshares, and subsequently, Community West Bank merged with Central Valley Community Bank. Following these mergers, both entities adopted the Community West name and are now headquartered in Fresno, California.
Community West Bank has appointed Hinson M. Thomas as Executive Vice President and Chief Credit Officer (CCO), effective March 17, 2025. Thomas brings over 30 years of experience in credit risk management, commercial banking and lending, previously serving as EVP, Chief Credit Officer at another California-based community bank.
In his new role, Thomas will oversee the Bank's Credit Administration Division, manage company-wide credit quality, and serve on the Executive Managing Committee. He holds a B.S. in Business Management and MBA from California State University, San Jose, and completed postgraduate studies at Pacific Coast Banking School.
Community West Bancshares (NASDAQ: CWBC) reported unaudited consolidated net income of $6,895,000 and diluted earnings per common share of $0.36 for Q4 2024. This compares to $5,893,000 and $0.50 per diluted share in Q4 2023.
The company completed a significant merger on April 1, 2024, when Central Valley Community Bancorp merged with Community West Bancshares. Subsequently, Community West Bank merged with Central Valley Community Bank, with the latter being the surviving institution. Following these mergers, both entities adopted the Community West name.
Headquartered in Fresno, California, Community West Bank operates throughout Central California, offering services including Commercial Lending, Agribusiness, SBA, Residential Construction and Mortgage, Manufactured Housing, Private Banking and Cash Management.
Community West Bancshares (NASDAQ: CWBC) reported unaudited consolidated net income of $3,385,000 and diluted earnings per common share of $0.18 for Q3 2024, compared to $6,390,000 and $0.54 per diluted share in Q3 2023. The company completed its merger with Central Valley Community Bancorp on April 1, 2024, with Central Valley Community Bank merging into Community West Bank. The combined entity, headquartered in Fresno, California, operates full-service Banking Centers throughout Central California, offering various services including Commercial Lending, Agribusiness, SBA, and Mortgage services.
Community West Bancshares (NASDAQ: CWBC) reported a consolidated net loss of $6,290,000 and a fully diluted loss per common share of $0.33 for Q2 2024. This contrasts with net income of $6,282,000 and earnings of $0.54 per fully diluted common share for Q2 2023. The loss is attributed to merger-related expenses, including a provision for loan losses of the acquired loan portfolio.
On April 1, 2024, Central Valley Community Bancorp completed its merger with Community West Bancshares. Subsequently, Community West Bank merged into Central Valley Community Bank, with the latter being the surviving institution. The corporate names were changed to Community West Bancshares and Community West Bank, respectively.
Community West Bancshares, headquartered in Fresno, California, operates full-service Banking Centers throughout California, offering Commercial, Real Estate, and Agribusiness Lending, as well as Private Banking and Cash Management services.
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