Community West Bancshares (CWBC) Announces Quarterly Dividend of $0.04

Community West Bancshares (NASDAQ:CWBC) declared a quarterly dividend on Friday, July 28th, NASDAQ reports. Stockholders of record on Monday, August 14th will be given a dividend of 0.04 per share by the financial services provider on Thursday, August 31st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Thursday, August 10th.

Community West Bancshares (NASDAQ:CWBC) traded up 0.49% on Friday, hitting $10.30. 35,202 shares of the stock were exchanged. The company has a 50 day moving average of $10.22 and a 200 day moving average of $10.17. Community West Bancshares has a one year low of $7.75 and a one year high of $10.65. The stock has a market capitalization of $84.04 million, a P/E ratio of 15.37 and a beta of 0.53.

Community West Bancshares (NASDAQ:CWBC) last announced its quarterly earnings data on Friday, July 28th. The financial services provider reported $0.18 EPS for the quarter. Community West Bancshares had a net margin of 15.37% and a return on equity of 8.68%. The business had revenue of $8.73 million for the quarter.

In other Community West Bancshares news, EVP Charles G. Baltuskonis sold 9,493 shares of the company’s stock in a transaction on Thursday, June 8th. The shares were sold at an average price of $10.17, for a total transaction of $96,543.81. Following the sale, the executive vice president now directly owns 58,773 shares of the company’s stock, valued at $597,721.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William R. Peeples sold 28,807 shares of the company’s stock in a transaction on Monday, June 5th. The stock was sold at an average price of $10.03, for a total transaction of $288,934.21. Following the sale, the director now directly owns 919,257 shares in the company, valued at $9,220,147.71. The disclosure for this sale can be found here. Over the last ninety days, insiders have acquired 861 shares of company stock worth $8,755 and have sold 82,307 shares worth $835,737. Corporate insiders own 26.01% of the company’s stock.

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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.

Dividend History for Community West Bancshares (NASDAQ:CWBC)

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