earnings
confidence high
sentiment positive
materiality 0.65
Community West Bancshares Q4 net income $6.9M ($0.36 EPS); NIM expands to 3.95%; declares $0.12 dividend
Community West Bancshares
2024-FY EPS reported
$0.45
- Net income $6.9M ($0.36 diluted EPS) in Q4 2024 vs $5.9M ($0.50) in Q4 2023; EPS decline due to share count increase from merger.
- Net interest margin improved to 3.95% in Q4 from 3.69% in Q3 2024; total cost of deposits fell to 1.49% from 1.69%.
- Gross loans increased $37.1M (6.46% annualized) during Q4; non-interest bearing deposits made up 36% of total average deposits.
- Board declared $0.12 per share cash dividend, payable Feb 21, 2025 to holders of record Feb 7, 2025.