Community West Bancshares (CWBC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

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Community West Bancshares (CWBC) reported $30.46 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 39.7%. EPS of $0.41 for the same period compares to $0.54 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $37.14 million, representing a surprise of -17.99%. The company delivered an EPS surprise of +4200.00%, with the consensus EPS estimate being -$0.01.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Community West Bancshares performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Net Interest Margin: 3.7% versus 4.5% estimated by three analysts on average.

  • Efficiency Ratio: 93.6% compared to the 59.5% average estimate based on three analysts.

  • Total Nonaccrual Loan: $2.81 million versus $2.65 million estimated by two analysts on average.

  • Net Charge-Offs (% of Average Loans): 0% versus 0% estimated by two analysts on average.

  • Total Nonperforming Assets: $2.81 million compared to the $3.40 million average estimate based on two analysts.

  • Average Interest-Earning Assets: $3.25 billion versus $3.27 billion estimated by two analysts on average.

  • Total Non Interest Income: $1.40 million versus $2.53 million estimated by three analysts on average.

  • Net Interest Income: $29.06 million versus $34.83 million estimated by three analysts on average.

View all Key Company Metrics for Community West Bancshares here>>>

Shares of Community West Bancshares have returned +22.2% over the past month versus the Zacks S&P 500 composite's +2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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