M&A
confidence high
sentiment neutral
materiality 0.75
Community West Bancshares files pro forma financials for USB merger; combined assets $4.98B
Community West Bancshares
- Pro forma 2025 net income $54.9M, EPS $2.04 basic; combined assets $4.98B, loans $3.41B, deposits $4.18B.
- Purchase consideration $184.7M: ~7.92M CWB shares issued at $23.30/share, exchange ratio 0.4520.
- Goodwill increased $54.6M to $155.9M; core deposit intangible $26.6M (amortized over ~5 yr life).
- Fair value adjustments applied to loans ($42.1M net discount) and time deposits ($0.4M premium).
- Estimated merger costs $5.2M net of tax; integration planned Q2-Q3 2026.