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Community West Bancshares (NASDAQ:CWBC), a $401 million market cap regional bank with a solid "GOOD" financial health rating according to InvestingPro, saw its Executive Vice President Avrett Shannon R. acquire 118 shares of common stock on August 29, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were purchased at a price of $16.02, for a total transaction value of $1,890. The purchase was part of the Company’s ESPP plan. Following the transaction, Avrett directly owns 21,298 shares of Community West Bancshares . The stock, which has delivered an 11% return over the past six months and currently trades at $20.97, appears undervalued according to InvestingPro analysis. The bank maintains a 2.3% dividend yield and has sustained dividend payments for 14 consecutive years.InvestingPro subscribers have access to 8 additional key insights about CWBC, including detailed valuation metrics and growth forecasts.
In other recent news, Community West Bancshares reported unaudited consolidated net income of $7.83 million, or $0.41 per diluted share, for the second quarter ending June 30, 2025. This marks a significant improvement from the same period last year when the company posted a net loss of $6.29 million, or $0.33 per diluted share. Despite this turnaround, the earnings per share fell short of DA Davidson’s estimate and the Street mean of $0.48. DA Davidson responded by raising its price target for Community West Bancshares to $24.00 from $20.00, maintaining a Buy rating, citing stable top-line revenue and solid net interest margin expansion. Additionally, Community West Bancshares announced a share buyback, indicating a strategic move to enhance shareholder value. The company also appointed Baker Tilly US, LLP as its new independent registered public accounting firm following the merger of its previous auditor, Moss Adams LLP, with Baker Tilly. This change was approved by the audit committee of the board of directors and announced in an 8-K filing with the Securities and Exchange Commission.
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