Community West Bancshares executive vice president buys $1,618 in stock

In a recent transaction filed with the Securities and Exchange Commission, Shannon R. Avrett, Executive Vice President of Community West Bancshares (NASDAQ:CWBC), a $339 million market cap regional bank, purchased 101 shares of the company’s common stock. According to InvestingPro analysis, the stock currently trades below its Fair Value, with a price-to-book ratio of 0.9x. The shares were acquired at a price of $16.02 per share, totaling approximately $1,618. This purchase was made as part of the company’s Employee Stock Purchase Plan (ESPP). Notably, Community West Bancshares maintains a 2.69% dividend yield and has consistently paid dividends for 14 consecutive years.

Additionally, Avrett had 905 shares withheld by Community West Bancshares at $17.80 per share to cover tax obligations related to the vesting of 2,527 restricted shares from a previous award. Following these transactions, Avrett holds 21,180 shares directly. Get more exclusive insights and detailed financial metrics with InvestingPro, including 5 additional ProTips about CWBC’s future growth potential.

In other recent news, Community West Bancshares reported its first quarter earnings for 2025, revealing an earnings per share (EPS) of $0.44, with a core EPS of $0.46 after accounting for nonrecurring expenses. Despite these figures falling short of some analyst expectations, the bank’s net interest margin increased by 9 basis points to 4.04%. Piper Sandler and Keefe, Bruyette & Woods both adjusted their price targets for the company to $19, maintaining an Overweight and Market Perform rating, respectively. DA Davidson also revised its price target to $22, citing stable revenue and a solid net interest margin, while maintaining a Buy rating.

Additionally, Community West Bancshares has named Hinson M. Thomas as its new Executive Vice President and Chief Credit Officer, bringing over three decades of experience in credit risk management to the role. The bank is actively engaging in merger and acquisition discussions, prioritizing these alongside organic growth for capital deployment. Raymond (NSE:RYMD) James noted the bank’s strengthening core deposit base and projected continued net interest margin expansion. The company is focusing on expense control to achieve positive operating leverage, with projections indicating significant improvements for 2025 and 2026.

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