CW Bancorp reports recurring developments as the OTCQX-traded parent company of CommerceWest Bank, a California commercial bank serving small and medium-sized businesses through digital banking and customized banking services. Company news commonly covers quarterly and annual earnings, net income, diluted EPS, deposit trends, credit-loss provisions, loan and funding activity, and regulatory capital ratios for the bank.
Updates also include board-approved quarterly cash dividends, subordinated note activity, and descriptions of CommerceWest Bank services such as remote deposit, NetBanker online banking, mobile banking, lines of credit, working-capital loans, commercial real estate loans, SBA loans, and treasury management.
CW Bancorp (OTCQX: CWBK) reported consolidated net income of $2.778M for Q3 2025, or $0.93 diluted EPS, down 9% vs. Q3 2024; year-to-date net income was $8.795M or $2.93 diluted EPS, down 2% vs. prior year.
The quarter included a $1.025M one-time charge for a single client fraud incident; excluding that charge, Q3 EPS would be $1.19 (a 14% increase) and YTD EPS would be $3.17 (a 6% increase).
Other key metrics: net interest income +8% Q/QY to $10.84M, loans +8% YoY to $808.8M, total deposits -5% YoY to $971.5M, and capital ratios remain above "well capitalized" levels (tier 1 leverage 12.22%, total risk-based 17.93%).
CW BANCORP (OTCQX: CWBK) has announced its Board of Directors' approval of a quarterly cash dividend. Shareholders will receive $0.23 per common share, with the payment scheduled for October 1, 2025. The dividend will be distributed to shareholders of record as of September 15, 2025.
CommerceWest Bank, founded in 2001 and headquartered in Irvine, California, focuses on serving small and medium-sized businesses throughout California through its digital banking platform. The bank offers comprehensive commercial banking services, including remote deposit solutions, online banking, mobile banking, credit lines, M&A loans, commercial real estate loans, SBA loans, and treasury management services.
CommerceWest Bank (OTCQX: CWBK) announced that Chairman and CEO Ivo A. Tjan has been honored in the CEO/President category at the 2025 LA Times OC Executive Forum & Leadership Awards.
Under Tjan's leadership since founding the company in 2001 at age 27, CommerceWest Bank has achieved 62 consecutive quarters of profits. The bank has garnered significant recognition in 2025, ranking #6 among Top 20 Best Performing Banks under $2 Billion by American Banker and being named one of America's Best Regional Banks by Newsweek.
CommerceWest Bank, headquartered in Irvine, California, focuses on serving small and medium-sized businesses throughout California through its digital banking platform, offering commercial banking services including remote deposit solutions, online banking, and various loan products.
CW Bancorp (OTCQX: CWBK) reported solid Q2 2025 financial results with net income of $3.1 million or $1.02 per diluted share, showing a 2% EPS increase year-over-year. The bank demonstrated strong growth with total loans up 13% to $811.1 million and deposits increasing 4% to $1.03 billion compared to Q2 2024.
Key performance metrics include a net interest margin of 3.82%, ROA of 1.12%, and ROE of 13.95%. The bank maintains a strong capital position with a total risk-based capital ratio of 18.08% and tier 1 leverage ratio of 12.68%. Non-interest-bearing deposits represent 58% of total deposits, reflecting a stable funding base.
The bank's efficiency ratio increased slightly to 61.34% from 60.28% year-over-year, while maintaining its streak of 62 consecutive profitable quarters.
CommerceWest Bank (OTCQX:CWBK) has been ranked 6th among the Top 20 Best Performing Banks under $2 billion in assets nationwide by American Banker. The recognition is based on the bank's exceptional performance across key metrics including return on average equity, net interest margin, capital ratios, efficiency ratios, and core deposit growth in 2024.
The California-based bank, which focuses on serving small and medium-sized businesses, was particularly recognized for its strategic investment in technology and operations to enhance long-term capabilities and client experience. CommerceWest Bank offers a comprehensive suite of commercial banking services, including remote deposit solutions, online banking, mobile banking, various types of loans, and treasury management services.
CW BANCORP (OTCQX: CWBK) has announced its Board of Directors has approved a quarterly cash dividend of $0.23 per common share. The dividend will be payable on April 1, 2025, to shareholders of record on March 14, 2025.
CommerceWest Bank, founded in 2001 and headquartered in Irvine, California, focuses on serving small and medium-sized businesses throughout California through its digital banking platform. The bank offers comprehensive commercial banking services including remote deposit solutions, online banking, mobile banking, credit lines, M&A loans, working capital loans, commercial real estate loans, SBA loans, and treasury management services.
CW Bancorp (CWBK) reported Q4 2024 consolidated net income of $3.94 million ($1.30 per diluted share), up 11% from Q4 2023. Full-year 2024 net income was $13.15 million ($4.30 per diluted share), down from $17.61 million ($5.39 per diluted share) in 2023.
Key financial highlights include: loan growth of 9.5% ($68.6 million), deposit growth of 16% ($183.9 million), and total asset growth of 14.5% ($188.6 million). The bank maintained strong capital ratios with a tier 1 leverage ratio of 11.16% and total risk-based capital ratio of 17.92%.
The net interest margin slightly decreased to 3.81% in 2024 from 3.87% in 2023. Non-interest expense increased by 15% to $27.8 million, and the efficiency ratio rose to 59.97% from 50.14% in 2023.
CommerceWest Bank (OTCQX:CWBK) announces that CEO Ivo Tjan has been recognized in both the 2024 OC500 Directory of Influence and the OC50 List by the Orange County Business Journal. The bank, founded by Tjan in 2001, has achieved 54 consecutive quarters of profits and ranks #5 in the Top 100 Publicly Traded Community Banks by American Banker. The bank has also been recognized by Newsweek as one of America's Best Regional Banks 2024 and received a 5 Star Safety & Soundness Rating from Bauer Financial.
CommerceWest Bank focuses on serving small and medium-sized businesses throughout California through its digital banking platform, offering services including remote deposit, online banking, commercial real estate loans, and treasury management.