Brief: Community West Bancshares posts Q3 EPS of $0.18

Community West Bancshares

28/10/2016 14:00

Oct 28 (Reuters) - Community West Bancshares  CWBC.O  
    * Community West Bancshares earnings grew 36.4 pct to $1.5 
million in 3Q16 from 2Q16 highlighted by strong loan growth, 
improved asset quality and 4.81 pct net interest margin; book 
value per common share increases to $7.93; declares quarterly 
cash dividend of $0 
    * Q3 earnings per share $0.18 
    * Net interest income for 3Q16 was $7.7 million, an 11.6 pct 
increase compared to $6.9 million in preceding quarter 
    * Community West Bancshares qtrly allowance for loan losses 
was $7.2 million at September 30, 2016, compared to 1.37 pct at 
June 30, 2016, and 1.50 pct a year ago 
 
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 (Bangalore.newsroom@thomsonreuters.com)