secwatch.observer — SEC 8-K summary
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Issuer:     Community West Bancshares (CWBC)
CIK:        0001127371
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001628280-24-043618
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Community West Q3 net income $3.4M, EPS $0.18 vs $6.4M, $0.54 YoY; declares $0.12 dividend
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- Net income $3.385M, diluted EPS $0.18 for Q3 2024, down from $6.390M, $0.54 in Q3 2023.
- Improvement from Q2 2024 net loss of $6.3M ($0.33 loss per share).
- Merger-related expenses, including CECL provision on acquired loans in Q2 and securities losses in both Q2 and Q3, reduced earnings.
- Board declared $0.12 per share cash dividend payable Nov 22, 2024 to holders of record Nov 8, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127371/000162828024043618/0001628280-24-043618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127371/000162828024043618/cvcy-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-043618

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