The President & CEO of Community West Bancshares (NASDAQ: CWBC) is Buying Shares


Today, the President & CEO of Community West Bancshares (NASDAQ: CWBC), Martin Plourd, bought shares of CWBC for $252.4K.

Following this transaction Martin Plourd’s holding in the company was increased by 56.86% to a total of $837.6K. Following Martin Plourd’s last CWBC Buy transaction on June 12, 2017, the stock climbed by 1.7%.

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Based on Community West Bancshares’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $10.63 million and quarterly net profit of $1.81 million. In comparison, last year the company earned revenue of $9.34 million and had a net profit of $1.36 million. The company has a one-year high of $12.97 and a one-year low of $9.95. CWBC’s market cap is $96.54M and the company has a P/E ratio of 18.95.

The insider sentiment on Community West Bancshares has been positive according to 24 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Martin Plourd’s trades have generated a 59.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Community West Bancshares is a bank holding company for Community West Bank, which engages in the provision of financial products and services. Its products and services include checking accounts, savings accounts, money market accounts and fixed rate, fixed maturity certificates of deposits, cash management products, and lending products.

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