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CWBC - Community West Bancshares Is Ready To Grow With Higher Rates
March, 02 2022 09:19 AM
Community West Bancshares
CWBC owns a Californian nationally chartered community bank specialized in relationship banking and commercial real estate lending. The bank has shown sustained growth during the past decade, closing FY21 with record net income of $13 million. CWBC is not heavily positioned in non-banking activities like trading and therefore will not suffer as much in a context of increasing rates. According to the FDIC, community banks have shown less losses from bad loans during economic downturns. For further details see:
Community West Bancshares Is Ready To Grow With Higher Rates
Stock Information
Company Name:
Community West Bancshares
Stock Symbol:
CWBC
Market:
NASDAQ
Website:
communitywest.com
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