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Community West Bancshares (CWBC) Files 10-K for the Fiscal Year Ended on December 31, 2017

- By insider

Community West Bancshares (CWBC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Community West Bancshares is a bank holding company in the United States. It earns revenue through the interest income derived from the provision of lending products. Community West Bancshares has a market cap of $92.170 million; its shares were traded at around $11.25 with a P/E ratio of 19.75 and P/S ratio of 2.77. The dividend yield of Community West Bancshares stocks is 1.42%.


For the last quarter Community West Bancshares reported a revenue of $9.37 million, compared with the revenue of $8.30 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $35.6 million, an increase of 13.6% from last year. For the last five years Community West Bancshares had an average revenue growth rate of 4.5% a year.

The reported diluted earnings per share was 57 cents for the year, a decline of 8.1% from the previous year. Over the last five years Community West Bancshares had an EPS growth rate of 2.2% a year. The Community West Bancshares enjoyed an operating margin of 29.38%, compared with the operating margin of 28.21% a year before. The 10-year historical median operating margin of Community West Bancshares is 13.69%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Community West Bancshares has the cash and cash equivalents of $45.9 million, compared with $34.1 million in the previous year. The long term debt was $56.8 million, compared with $29.0 million in the previous year. The interest coverage to the debt is 2.2, which is not a favorable level. Community West Bancshares has a financial strength rank of 4 (out of 10).

At the current stock price of $11.25, Community West Bancshares is traded at 57.6% premium to its historical median P/S valuation band of $7.14. The P/S ratio of the stock is 2.77, while the historical median P/S ratio is 1.77. The stock gained 9.71% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Kirk Stovesand bought 174 shares of CWBC stock on 03/01/2018 at the average price of $11.33. The price of the stock has decreased by 0.71% since.
  • Director Kirk Stovesand bought 650 shares of CWBC stock on 02/06/2018 at the average price of $11.7. The price of the stock has decreased by 3.85% since.
  • Director Shereef Moharram sold 5,000 shares of CWBC stock on 02/01/2018 at the average price of $12.05. The price of the stock has decreased by 6.64% since.

For the complete 20-year historical financial data of CWBC, click here.

This article first appeared on GuruFocus.