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Community West Bancshares - CWBC STOCK NEWS

Welcome to our dedicated news page for Community West Bancshares (Ticker: CWBC), a resource for investors and traders seeking the latest updates and insights on Community West Bancshares.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Community West Bancshares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Community West Bancshares's position in the market.

Rhea-AI Summary
Central Valley Community Bancorp (CVCY) and Community West Bancshares (CWBC) announced shareholder approval for their merger, creating a combined company with $3.6 billion in assets and 27 banking centers in Central California. The merger is expected to be completed by April 1, 2024, with operational system conversion by the third quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
acquisition
-
Rhea-AI Summary
Central Valley Community Bancorp (CVCY) and Community West Bancshares (CWBC) announced shareholder approval for their merger, creating a combined company with $3.6 billion in assets and 27 banking centers in Central California. The merger is expected to be completed by April 1, 2024, with operational system conversion by the third quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
acquisition
-
Rhea-AI Summary
Community West Bancshares reported a net income of $7.3 million for the year ended December 31, 2023, compared to $13.4 million for the previous year. The pending merger with Central Valley Community Bancorp negatively impacted earnings. The company's Board of Directors declared a quarterly cash dividend of $0.08 per common share. The merger with Central Valley is expected to close in the second quarter of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.12%
Tags
dividends earnings
Rhea-AI Summary
Community West Bancshares reports net income of $2.3 million for Q3 2023, announces merger with Central Valley Community Bancorp
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
dividends earnings
-
Rhea-AI Summary
Central Valley Community Bancorp and Community West Bancshares announce all-stock merger transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.64%
Tags
acquisition
-
Rhea-AI Summary
Central Valley Community Bancorp and Community West Bancshares announce all-stock merger transaction.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.03%
Tags
acquisition
Rhea-AI Summary
Community West Bancshares extends stock repurchase plan until August 31, 2025 with $1,435,783 available for common stock repurchase from the authorized $4.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
buyback
-
Rhea-AI Summary
Community West Bancshares reports net income of $2.1 million for Q2 2023, compared to $2.5 million in Q1 2023. The company declares a quarterly cash dividend of $0.08 per common share. Net interest income decreases, while total loans and total deposits show slight changes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
Tags
dividends earnings
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
dividends earnings
Community West Bancshares

Nasdaq:CWBC

CWBC Rankings

CWBC Stock Data

126.20M
6.15M
30.39%
34.01%
0.27%
Commercial Banking
Finance and Insurance
Link
United States
Goleta

About CWBC

at community west bank, we believe that local deposits should work locally. we have full-service branches in goleta, santa barbara, santa maria, ventura and westlake village, in addition to a san luis obispo loan production office, making loans to businesses, individuals and non-profit organizations. as a locally owned and managed business bank on california’s central coast, we appreciate the opportunity to serve you. we are the bankers you want on your side, providing the financing, services and trusted advice that businesses need in order to succeed. let’s work together. member fdic. equal housing lender.