From what 5 stock analysts predict, the share price for Community West Bancshares (CWBC) might increase by 7.24% in the next year. This is based on a 12-month average estimation for CWBC. Price targets go from $22 to $24. The majority of stock analysts believe CWBC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 5 Wall Street analysts have assignedCWBC 3 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Community West Bancshares to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CWBC. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CWBC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Wood Lay Keefe, Bruyette & Woods | Market Perform | $24 | Maintains | Dec 4, 2024 |
Andrew Liesch Piper Sandler | Overweight | $24 | Maintains | Jul 24, 2024 |
Wood Lay Keefe, Bruyette & Woods | Market Perform | $22 | Maintains | Apr 22, 2024 |
Andrew Liesch Piper Sandler | Overweight | $24 | Maintains | Apr 15, 2024 |
Timothy Coffey Janney Montgomery Scott | Buy | Upgrade | Nov 10, 2023 | |
Timothy Coffey Janney Montgomery Scott | Neutral | Initiates | Jan 6, 2022 |
When did it IPO
1996
Staff Count
356
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. James J. Kim
Market Cap
$412.1M
In 2023, CWBC generated $88.1M in revenue, which was a increase of 5.86% from the previous year. This can be seen as a signal that CWBC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Community West Bancshares reported Q3 2024 net income of $3.39 million ($0.18 per share), down from $6.39 million ($0.54 per share) in Q3 2023.
Why It Matters - Community West Bancshares reported a significant drop in net income and earnings per share for Q3 2024 compared to Q3 2023, indicating potential challenges that could affect stock performance.
Summary - Community West Bancshares (CWBC) reported Q3 earnings of $0.30 per share, below the Zacks Consensus Estimate of $0.38, and down from $0.54 per share a year earlier.
Why It Matters - CWBC's earnings miss signals potential operational challenges and declining profitability, which could lead to decreased investor confidence and impact stock performance.
Summary - Community West Bancshares (CWBC) reported revenue and EPS for Q3 2024; investors should compare these figures with Wall Street estimates and previous yearโs performance for context.
Why It Matters - Comparing CWBC's revenue and EPS to Wall Street estimates and year-ago figures provides insight into growth, performance trends, and market expectations, influencing investor sentiment and stock valuation.
Summary - Community West Bancshares (CWBC) is not expected to meet key criteria for a strong earnings report, signaling potential challenges ahead for investors.
Why It Matters - Community West Bancshares may report lower earnings than anticipated, impacting stock performance and investor sentiment. Adjustments to forecasts could affect investment decisions.
Summary - Community West Bancshares reported a Q2 2024 net loss of $6.29 million ($0.33 loss per share), a significant decline from a net income of $6.28 million ($0.54 per share) in Q2 2023.
Why It Matters - The net loss of $6.29 million indicates a significant decline in financial performance for Community West Bancshares, potentially impacting stock prices and investor confidence.
Summary - Community West Bancshares (CWBC) reported quarterly earnings of $0.41 per share, surpassing the Zacks estimate of a loss of $0.01. This is a decline from $0.54 per share year-over-year.
Why It Matters - CWBC's earnings beat expectations, indicating stronger performance than anticipated. However, the year-over-year decline in earnings may raise concerns about future growth potential.