Community West Bancshares (CWBC) Director Tom Dobyns Buys 2,500 Shares
Community West Bancshares (NASDAQ:CWBC) Director Tom Dobyns acquired 2,500 shares of the stock in a transaction dated Thursday, September 7th. The shares were acquired at an average cost of $10.29 per share, with a total value of $25,725.00. Following the completion of the transaction, the director now owns 2,500 shares in the company, valued at approximately $25,725. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Community West Bancshares (NASDAQ:CWBC) traded up 0.049% on Thursday, hitting $10.255. The stock had a trading volume of 3,693 shares. The company’s 50-day moving average is $10.22 and its 200-day moving average is $10.18. Community West Bancshares has a one year low of $7.85 and a one year high of $10.65. The stock has a market cap of $83.67 million, a P/E ratio of 15.306 and a beta of 0.49.
Community West Bancshares (NASDAQ:CWBC) last posted its quarterly earnings results on Friday, July 28th. The financial services provider reported $0.18 EPS for the quarter. The business had revenue of $8.73 million during the quarter. Community West Bancshares had a return on equity of 8.68% and a net margin of 15.37%.
The company also recently declared a quarterly dividend, which was paid on Thursday, August 31st. Investors of record on Monday, August 14th were paid a $0.04 dividend. The ex-dividend date was Thursday, August 10th. This represents a $0.16 dividend on an annualized basis and a yield of 1.56%. Community West Bancshares’s dividend payout ratio (DPR) is 23.53%.
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A number of large investors have recently bought and sold shares of the stock. ZPR Investment Management grew its stake in Community West Bancshares by 113.9% in the second quarter. ZPR Investment Management now owns 24,254 shares of the financial services provider’s stock worth $252,000 after purchasing an additional 12,916 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in Community West Bancshares by 1.0% in the second quarter. Dimensional Fund Advisors LP now owns 127,970 shares of the financial services provider’s stock worth $1,331,000 after purchasing an additional 1,217 shares in the last quarter. Finally, Context BH Capital Management LP grew its stake in Community West Bancshares by 5.2% in the second quarter. Context BH Capital Management LP now owns 60,274 shares of the financial services provider’s stock worth $609,000 after purchasing an additional 2,961 shares in the last quarter. Institutional investors and hedge funds own 23.50% of the company’s stock.
About Community West Bancshares
Community West Bancshares is a bank holding company. The Company provides full-service banking through its subsidiary, Community West Bank, N.A. (the Bank). Through the Bank, the Company provides a range of financial products and services to customers, including lending and deposit products. The Company focuses on professionals, small to mid-sized businesses and individual households.
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