CWBC
Community West Bancshares24.06
-0.14-0.58%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
460.95MP/E (TTM)
13.22Basic EPS (TTM)
1.82Dividend Yield
0.02%Recent Filings
8-K
Proxy supplemented amid lawsuits
Community West Bancshares supplemented its merger proxy with disclosures to moot two New York lawsuits and demand letters alleging omissions, detailing USB outreach, director retention, and updated fairness analyses. Pro forma data shows CWBC at 75% of $4.95B combined assets and 74% of 2026 estimated earnings; shareholder votes loom March 30. Merger risks persist.
8-K
Regulatory nod for bank merger
Community West Bancshares secured key regulatory approvals from the FDIC, California DFPI, and a Federal Reserve waiver for its merger with United Security Bancshares, announced March 16, 2026. Shareholder votes loom on March 30, with Q2 close eyed and systems conversion by Q3. Combined entity hits $5 billion assets across 31 Central California communities. Integration risks loom large.
10-K
FY2025 results
Community West Bancshares posted FY2025 net income of $38.2M, up sharply from $7.7M in 2024, fueled by full-year merger benefits and $25.8M higher net interest income to $136.2M as NIM expanded 39bps to 4.15% on loan yield gains and 40bps cheaper funding. Loans grew 8.8% to $2.54B with nonperformers steady at 0.27% while net recoveries edged charge-offs; deposits rose 6.3% to $3.1B. Q4 momentum showed in 34.9% non-interest DDA mix and $14.2M Bank dividends supporting $0.48/share payout. Capital stayed rock-solid across ratios. Yet real estate loans at 76% of portfolio expose quarterly momentum to property slumps.
8-K
COO retirement announced
Community West Bancshares announced Blaine C. Lauhon's retirement as COO of Community West Bank, effective December 31, 2026, after notice on February 25. Lauhon, who joined in 2017 post-Folsom Lake acquisition, led operations including loan ops, tech, and marketing. Leadership transition looms. No successor named yet.
8-K
Two directors retiring March 31
Community West Bancshares disclosed that directors William S. Smittcamp and Tom L. Dobyns will retire from the company and bank boards effective March 31, 2026. Smittcamp exits after 39 years of service, offering deep institutional knowledge from the bank's founding era; Dobyns departs post-2024 merger with executive banking expertise. Board loses continuity yet honors their governance roles.
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