Community West Bancshares Reports Q1 2026 Earnings Results
Community West Bancshares (NASDAQ: CWBC), parent company of Community West Bank, reported unaudited consolidated financial results for the quarter ended March 31, 2026.
The Company reported net income of $11,489,000 and diluted earnings per common share of $0.60, compared to net income of $8,293,000 and $0.44 per diluted common share for the same period in 2025.
The Board of Directors declared a $0.12 per common share cash dividend, payable on May 22, 2026, to shareholders of record as of May 8, 2026.
Financial Highlights
- Net income increased compared to both the prior quarter and the same period in 2025
- Gross loans increased by $10.2 million during the quarter
- Total deposits increased by $46.3 million during the quarter
- Net interest margin increased to 4.30% for the quarter
- Return on average assets was 1.24%
- Return on average equity was 10.99%
Strategic Update
On April 1, 2026, Community West Bancshares completed its merger with United Security Bancshares. United Security Bank subsequently merged with and into Community West Bank, with Community West Bank continuing as the surviving institution.
Financial results for the combined companies will begin to be reported in the second quarter of 2026.
About Community West Bancshares
Community West Bancshares and its wholly owned subsidiary, Community West Bank, are headquartered in Fresno, California. The Company operates full-service banking centers throughout Central California and provides services including commercial lending, agribusiness, SBA lending, residential construction and mortgage lending, manufactured housing, private banking, and treasury management.