Community West Bancshares (CWBC) Declares $0.08 Quarterly Dividend; 2.5% Yield

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Go back to Community West Bancshares (CWBC) Declares $0.08 Quarterly Dividend; 2.5% Yield

Community West Bancshares Reports First Quarter 2023 Earnings of $2.5 Million, or $0.27 Per Diluted Share; Declares Quarterly Cash Dividend of $0.08 Per Common Share

April 28, 2023 9:01 AM EDT

GOLETA, Calif., April 28, 2023 (GLOBE NEWSWIRE) -- Community West Bancshares (Community West or the Company), (NASDAQ: CWBC), parent company of Community West Bank (the Bank), today reported net income of $2.5 million, or $0.27 per diluted share, for the first quarter of 2023, compared to $3.4 million, or $0.38 per diluted share, for the preceding quarter, and $4.0 million, or $0.45 per diluted share, for the first quarter of 2022.

The Companys Board of Directors declared a quarterly cash dividend of $0.08 per common share, payable May 31, 2023, to common shareholders of record on May 12, 2023.

Our first quarter 2023... More