Community West up on earnings cheer even as financial stocks sag

Community West Bancshares

29/04/2022 16:16

** Shares of Community West Bancshares  CWBC.O  up 4.4% at
$14.40 after Q1 profit tops estimates
    ** Co reports 7% jump in quarterly net interest income as
loan demand rebounded and interest rates increased  urn:newsml:reuters.com:*:nGNX7F4JCl
    ** On the other hand, major U.S. financial stocks are down
on Friday, with the S&P 500 financials index  .SPSY  losing 1.4%
    ** CWBC shares have gained 4.4% YTD

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))