Somewhat Positive Media Coverage Somewhat Unlikely to Impact Community West Bancshares (CWBC) Stock Price
Media headlines about Community West Bancshares (NASDAQ:CWBC) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Community West Bancshares earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.7022545041876 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of Community West Bancshares (NASDAQ:CWBC) traded down 1.44% during trading on Monday, reaching $10.30. The company’s stock had a trading volume of 846 shares. Community West Bancshares has a 52-week low of $7.85 and a 52-week high of $10.65. The stock has a 50-day moving average of $10.26 and a 200-day moving average of $10.17. The stock has a market cap of $84.04 million, a P/E ratio of 15.37 and a beta of 0.49.
Community West Bancshares (NASDAQ:CWBC) last posted its earnings results on Friday, July 28th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter. The firm had revenue of $8.73 million for the quarter. Community West Bancshares had a return on equity of 8.68% and a net margin of 15.37%.
The business also recently announced a quarterly dividend, which was paid on Thursday, August 31st. Shareholders of record on Monday, August 14th were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.16 annualized dividend and a dividend yield of 1.53%. Community West Bancshares’s dividend payout ratio is currently 23.53%.
In other Community West Bancshares news, insider Charles G. Baltuskonis sold 6,090 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $10.25, for a total transaction of $62,422.50. Following the sale, the insider now owns 13,000 shares in the company, valued at $133,250. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Tom Dobyns bought 2,500 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were bought at an average price of $10.29 per share, for a total transaction of $25,725.00. Following the transaction, the director now owns 2,500 shares of the company’s stock, valued at $25,725. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 2,936 shares of company stock worth $30,200 and have sold 78,441 shares worth $803,697. Corporate insiders own 26.01% of the company’s stock.
Community West Bancshares Company Profile
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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