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Community West Bancshares (CWBC)

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Earnings summaries and quarterly performance for Community West Bancshares.

Research analysts covering Community West Bancshares.

Recent press releases and 8-K filings for CWBC.

Community West Bancshares Reports Q4 and Full Year 2025 Results, Announces Participation in Janney CEO Forum and Proposed Acquisition
CWBC
Earnings
M&A
  • Community West Bancshares reported Net Income of $38.17 Million and Diluted EPS of $2.00 for the full year 2025, with Total Assets of $3.69 Billion as of December 31, 2025.
  • For Q4 2025, the company achieved Net Income of $11,170 thousand, a Return on Average Assets (ROAA) of 1.23%, and a Net Interest Margin of 4.24%.
  • The company maintained strong credit quality with a Non-Performing Assets to Total Assets ratio of 0.19% for 2025.
  • Executive management is scheduled to participate in the Janney 2026 CEO Forum on February 4-5, 2026, and the company has a proposed acquisition of United Security Bancshares.
3 days ago
Community West Bancshares Reports Q4 2025 Earnings and Announces Merger Agreement
CWBC
Earnings
M&A
Dividends
  • Community West Bancshares reported net income of $11.17 million and diluted earnings per share of $0.58 for the fourth quarter ended December 31, 2025, an increase from $6.895 million and $0.36 per diluted common share in the same period of 2024.
  • The company signed a definitive merger agreement with United Security Bancshares (USB) on December 17, 2025, with the merger expected to close in the second quarter of 2026 and the combined entity projected to have approximately $5 billion in total assets.
  • Financial performance for Q4 2025 showed increasing earnings strength, with the net interest margin rising to 4.24% and return on average assets at 1.23%.
  • The Board of Directors declared a quarterly cash dividend of $0.12 per common share.
Jan 22, 2026, 9:03 PM
Community West Bancshares Reports Q4 2025 Earnings and Announces Merger Details
CWBC
Earnings
Dividends
M&A
  • Community West Bancshares (CWBC) reported unaudited consolidated net income of $11,170,000 and diluted earnings per share of $0.58 for the three months ended December 31, 2025. This represents an increase from net income of $6,895,000 and $0.36 per diluted common share for the same period in 2024.
  • The company declared a $0.12 per common share cash dividend, payable on February 20, 2026, to shareholders of record as of February 6, 2026.
  • On December 17, 2025, CWBC and United Security Bancshares (USB) jointly announced a definitive merger agreement, under which USB will merge into CWBC.
  • Under the merger terms, USB stockholders will receive 0.4520 shares of CWB common stock for each USB share. Based on CWBC's closing price of $23.78 on January 21, 2026, the total consideration for the merger was valued at approximately $188.7 million, or approximately $10.75 per United Security Bancshares common share.
Jan 22, 2026, 9:00 PM
Community West Bancshares and United Security Bancshares Announce Pending Board Additions Following Merger Agreement
CWBC
M&A
Board Change
  • Community West Bancshares and United Security Bancshares announced on December 17, 2025, that two current directors from United Security Bancshares will join Community West Bancshares' board of directors upon the consummation of their previously announced definitive merger agreement.
  • Jagroop "Jay" Gill and Dora Westerlund are the United Security Bancshares directors slated to be added to the board.
  • Mr. Gill, currently the largest shareholder and Vice Chairman of United Security Bancshares, is expected to be appointed Vice Chairman of Community West Bancshares' board of directors.
Dec 18, 2025, 9:33 PM
Community West Bancshares Announces Pending Board Additions Following Merger
CWBC
Board Change
M&A
  • Community West Bancshares and United Security Bancshares announced that two current directors from United Security Bancshares, Jagroop “Jay” Gill and Dora Westerlund, will be added to Community West Bancshares’ board of directors upon the consummation of their all-stock merger transaction.
  • Mr. Gill, currently the largest shareholder and Vice Chairman of United Security Bancshares, is expected to be appointed Vice Chairman of Community West Bancshares’ board of directors.
Dec 18, 2025, 2:49 AM
Community West Bancshares to acquire United Security Bancshares
CWBC
M&A
Board Change
  • Community West Bancshares (CWBC) and United Security Bancshares (UBFO) have entered into a definitive all-stock merger agreement, valued at approximately $191.9 million.
  • Under the terms, UBFO shareholders will receive 0.4520 shares of CWBC common stock for each UBFO common share, with the transaction expected to close in the second quarter of 2026.
  • Post-merger, existing CWBC shareholders will own approximately 70.6% of the combined company, which is projected to have approximately $5 billion in total assets.
  • The merger is anticipated to be 15.6% accretive to EPS in 2027 and result in a (9.5%) tangible book value (TBV) dilution at close, with a 3.0-year TBV earn back period.
  • The combined company's board will include two current UBFO directors, and UBFO's Chairman, President, and CEO, Dennis R. Woods, will serve as Chairman Emeritus.
Dec 17, 2025, 1:47 PM
Community West Bancshares and United Security Bancshares Announce Merger
CWBC
M&A
  • Community West Bancshares and United Security Bancshares have signed a definitive agreement to merge in an all-stock transaction. United Security Bancshares shareholders will receive 0.4520 shares of Community West Bancshares common stock for each share they own.
  • Based on Community West Bancshares' closing share price of $24.06 on December 16, 2025, the transaction is valued at approximately $191.9 million, or $10.88 per United Security Bancshares common share.
  • The merger is expected to close in the second quarter of 2026, subject to customary closing conditions, including regulatory and shareholder approvals.
  • Upon closing, the combined company is projected to have approximately $5 billion in total assets. Existing Community West Bancshares shareholders will own approximately 70.6% and United Security Bancshares shareholders approximately 29.4% of the combined entity.
  • James J. Kim will continue to lead the combined company as CEO, and the board will include two directors from United Security Bancshares.
Dec 17, 2025, 1:45 PM
Community West Bancshares Reports Strong Q3 2025 Earnings
CWBC
Earnings
Dividends
Revenue Acceleration/Inflection
  • Community West Bancshares reported net income of $10,873,000 and diluted earnings per share of $0.57 for the three months ended September 30, 2025, a significant increase from $3,385,000 and $0.18 respectively, in the same period of 2024.
  • The company declared a cash dividend of $0.12 per common share, payable on November 14, 2025, to shareholders of record as of October 31, 2025.
  • The net interest margin increased to 4.20% for the quarter ended September 30, 2025, up from 4.10% in the prior quarter and 3.95% in Q4 2024.
  • Gross loans increased by $51.8 million (2.16%) and total deposits increased by $81.0 million (2.70%) for the quarter ended September 30, 2025, compared to the quarter ended June 30, 2025.
  • The provision for credit losses was $667,000 for the quarter ended September 30, 2025, a decrease from $2.61 million in the trailing quarter.
Oct 16, 2025, 8:01 PM
Community West Bancshares to Present at Raymond James Investor Conferences
CWBC
Earnings
Guidance Update
  • Community West Bancshares' executive management will meet with investors at the Raymond James U.S. Bank and Banking on Technology Conferences on September 3-4, 2025, in Chicago, Illinois.
  • An investor presentation, included as Exhibit 99.1 to the Current Report on Form 8-K, provides financial highlights.
  • For the second quarter year-to-date (Q2 YTD) 2025, the company reported net income of $16.13 Million and diluted EPS of $0.85.
  • As of June 30, 2025, Community West Bancshares had total assets of $3.6 Billion and maintained strong capital ratios, including a Leverage Capital Ratio of 9.48% and a Common Equity Tier 1 Ratio of 11.48%.
Sep 3, 2025, 6:20 PM