Community West Bancshares Q1 EPS rises sequentially on loans and deposits growth

Community West Bancshares

23/04/2026 21:27

Overview

US community bank's Q1 net income and EPS rose yr/yr and sequentially

Company completed previously announced merger with United Security Bancshares on April 1, 2026

Q1 net interest margin increased to 4.30% from 4.24% in prior quarter

Outlook

Company did not provide specific guidance for future quarters or the full year

Result Drivers

LOAN AND DEPOSIT GROWTH - Organic growth in loans and deposits from prior quarter contributed to improved results, according to CFO Shannon Livingston

LOWER CREDIT LOSS PROVISION - Reduced provision for credit losses supported profitability in Q1

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
$11.49 mln
Q1 Net Interest Margin
4.30%
Q1 Provision for Loan Losses
$90,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Community West Bancshares is $28.50, about 18.8% above its April 22 closing price of $23.98

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 11 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)