Community West Bancshares

Community West Bancshares (CWBC) was incorporated in the state of California on November 26, 1996, for the purpose of forming a bank holding company. On December 31, 1997, CWBC acquired a 100% interest in Goleta National Bank (GNB). On September 1, 2004, the bank's name was changed to Community West Bank (CWB). CWB is the only subsidiary of CWBC. CWBC provides management and shareholder services to CWB.
Company Growth (employees)
Type
Public
HQ
Goleta, US
Founded
1989
Size (employees)
107 (est)
Community West Bancshares was founded in 1989 and is headquartered in Goleta, US

Community West Bancshares Office Locations

Community West Bancshares has offices in Goleta, San Luis Obispo, Santa Barbara, Santa Maria and in 2 other locations
Goleta, US (HQ)
5827 Hollister Ave
Goleta, US
445 Pine Ave
Westlake Village, US
100 951 S Westlake Blvd
Ventura, US
1463 S Victoria Ave
Santa Maria, US
110 2615 Miller St
Santa Barbara, US
1501 State St

Community West Bancshares Data and Metrics

Community West Bancshares Financial Metrics

Community West Bancshares's revenue was reported to be $9.3 m in Q1, 2017
USD

Revenue (Q1, 2017)

9.3 m

Gross profit (Q1, 2017)

8.4 m

Gross profit margin (Q1, 2017), %

90%

Net income (Q1, 2017)

1.4 m

EBIT (Q1, 2017)

7.6 m

Market capitalization (17-Aug-2017)

87.8 m

Cash (31-Mar-2017)

30.2 m
Community West Bancshares's current market capitalization is $87.8 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

27.9 m28 m30.2 m32.2 m

Revenue growth, %

0%8%7%

Cost of goods sold

4.3 m3.3 m2.5 m3.1 m

Gross profit

23.5 m24.7 m27.7 m29.1 m

Gross profit Margin, %

84%88%92%90%

Sales and marketing expense

14.4 m

R&D expense

793 k

Operating expense total

15.2 m

EBIT

29.9 m30 m29.1 m

EBIT margin, %

107%99%90%

Interest expense

23.5 m

Interest income

24.7 m27.7 m29.1 m

Pre tax profit

6.2 m12 m5 m8.8 m

Income tax expense

(2.8 m)4.9 m2.1 m3.6 m

Net Income

9 m7 m2.9 m5.2 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

7.8 m7.5 m7.5 m8.4 m7.9 m8 m8.3 m9.1 m9.3 m

Cost of goods sold

849 k835 k666 k584 k593 k723 k777 k807 k929 k

Gross profit

6.9 m6.6 m6.8 m7.8 m7.3 m7.3 m7.5 m8.3 m8.4 m

Gross profit Margin, %

89%89%91%93%93%91%91%91%90%

Sales and marketing expense

3.2 m2.9 m3.1 m3.2 m3.4 m3.5 m3.5 m3.8 m3.9 m

R&D expense

109 k144 k119 k134 k135 k171 k169 k173 k168 k

Operating expense total

3.3 m3 m3.2 m3.3 m3.5 m3.6 m3.7 m4 m4.1 m

EBIT

6.3 m7.2 m7.3 m7.7 m7.2 m7 m6.8 m7.7 m7.6 m

EBIT margin, %

81%97%98%91%91%87%83%85%82%

Pre tax profit

2.9 m2.9 m3 m2.7 m2.2 m2.4 m2.3 m

Income tax expense

1.2 m1.2 m1.3 m(1.6 m)1.2 m928 k782 k929 k992 k

Net Income

3.1 m4.9 m1.8 m(572 k)1 m1.3 m2.4 m3.9 m1.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.5 m19 m35.5 m34.1 m

PP&E

3 m3.1 m3 m3.9 m

Total Assets

539 m557.3 m621.2 m710.6 m

Accounts Payable

612.2 m

Total Liabilities

645.2 m

Retained Earnings

12.1 m18 m19.7 m23.8 m

Total Equity

67.6 m67 m61.9 m65.3 m

Financial Leverage

8 x8.3 x10 x10.9 x
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

23.3 m23.7 m28.9 m27.2 m17.7 m30.2 m

PP&E

3 m3 m2.9 m2.9 m3.4 m4.6 m

Total Assets

587.3 m601 m622.8 m642.6 m664.5 m748.3 m

Accounts Payable

500.6 m526.8 m546.1 m565.2 m590.6 m640.1 m

Retained Earnings

16.9 m18.1 m20.7 m21.5 m22.7 m24.9 m

Total Equity

64.5 m65.9 m62.4 m63.2 m64.2 m66.6 m

Financial Leverage

9.1 x9.1 x10 x10.2 x10.3 x11.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9 m7 m2.9 m5.2 m

Depreciation and Amortization

300 k324 k399 k678 k

Cash From Operating Activities

11 m6.4 m7 m7.9 m

Cash From Investing Activities

(17.4 m)(16.8 m)(49.9 m)(93.5 m)

Cash From Financing Activities

(2.1 m)9.8 m59.4 m84.2 m

Interest Paid

4.6 m3.3 m2.4 m3.1 m

Income Taxes Paid

1.2 m3.1 m675 k5.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

3.1 m4.9 m1.8 m(572 k)1 m1.3 m2.4 m3.9 m1.4 m

Depreciation and Amortization

156 k238 k91 k187 k290 k149 k324 k486 k163 k

Cash From Operating Activities

(3.8 m)4.8 m5.5 m(936 k)1.5 m3.6 m5.4 m4.4 m4.1 m

Cash From Investing Activities

(12.7 m)(21.5 m)(1.3 m)(26.2 m)(39 m)(11 m)(33.2 m)(61.6 m)(43.7 m)

Cash From Financing Activities

14.4 m26.6 m12.3 m31.5 m42.3 m752 k19.5 m39.3 m35.7 m

Interest Paid

1.8 m2.5 m661 k1.3 m1.8 m657 k1.4 m2.2 m890 k

Income Taxes Paid

1.4 m2.3 m650 k650 k1.3 m3.6 m4.2 m
USDY, 2017

Revenue/Employee

87.3 k

Financial Leverage

11.2 x

Community West Bancshares Market Value History

Traffic Overview of Community West Bancshares

Community West Bancshares Online and Social Media Presence

Community West Bancshares Company Life and Culture

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