Community West Bancshares (NASDAQ:CWBC) EVP Charles G. Baltuskonis sold 9,493 shares of the business’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 owns 58,773 shares in the company, valued at approximately $597,721.41. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of Community West Bancshares (CWBC) traded up 0.50% during mid-day trading on Friday, hitting $10.05. 829 shares of the stock were exchanged. The stock’s 50 day moving average is $10.11 and its 200 day moving average is $9.93. The firm has a market cap of $81.44 million, a P/E ratio of 15.95 and a beta of 0.51. Community West Bancshares has a 12 month low of $7.26 and a 12 month high of $10.65.
Community West Bancshares (NASDAQ:CWBC) last announced its quarterly earnings results on Friday, April 28th. The financial services provider reported $0.16 EPS for the quarter. The firm had revenue of $8.42 million for the quarter. Community West Bancshares had a return on equity of 8.25% and a net margin of 16.11%.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 31st. Investors of record on Friday, May 12th were given a dividend of $0.04 per share. The ex-dividend date was Wednesday, May 10th. This represents a $0.16 dividend on an annualized basis and a yield of 1.59%. This is an increase from Community West Bancshares’s previous quarterly dividend of $0.04. Community West Bancshares’s dividend payout ratio (DPR) is presently 25.40%.
About Community West Bancshares
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.
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