Net interest income has demonstrated consistent growth, rising from $19.1 million in 2024Q1 to $36.6 million by 2026Q1, supported by a stabilized 1.0% net interest margin.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Net Interest Income | 140.8M | 137.14M | 110.37M | 82.43M | 79.57M | 72.55M | 64.42M | 63.77M | 62.7M | 56.24M | 45.58M | 40.77M | 39.88M | 33.45M | 29.94M | 31.36M | 31.73M | 34.11M | 24.57M | 24.51M | 24.37M | 21.93M | 14.82M | 12.68M | 11.81M | 10.44M | 9.31M | 8.01M | 11.3M | 5.1M | 4.4M |
| NII Growth % | 56.26% | 24.26% | 33.89% | 3.6% | 9.66% | 12.62% | 1.02% | 1.7% | 11.49% | 23.39% | 11.78% | 2.24% | 19.23% | 11.74% | -4.53% | -1.18% | -6.97% | 38.83% | 0.24% | 0.55% | 11.13% | 47.97% | 16.88% | 7.39% | 13.12% | 12.09% | 16.28% | -29.12% | 121.57% | 15.91% | - |
| Net Interest Margin % | 3.8% | 3.72% | 3.13% | 3.39% | 3.28% | 2.96% | 3.21% | 3.99% | 4.08% | 3.38% | 3.16% | 3.19% | 3.35% | 2.92% | 3.36% | 3.69% | 4.08% | 4.46% | 3.26% | 5.07% | 4.87% | 4.53% | 4.06% | 3.87% | 4.17% | 4.76% | 4.61% | 4.8% | 4.48% | 5.35% | 5.44% |
| Interest Income | 189.26M | 186.67M | 160.39M | 102.42M | 82.99M | 73.86M | 66.02M | 66.33M | 64.19M | 57.38M | 46.68M | 41.82M | 41.04M | 34.84M | 31.82M | 34.3M | 36.01M | 40.9M | 31.84M | 32.57M | 30.93M | 26.07M | 16.8M | 14.97M | 14.54M | 14.58M | 13.56M | 11.35M | 20.6M | 8M | 6.8M |
| Interest Expense | 48.46M | 49.53M | 50.02M | 19.99M | 3.42M | 1.3M | 1.59M | 2.56M | 1.48M | 1.14M | 1.1M | 1.05M | 1.16M | 1.39M | 1.88M | 2.94M | 4.28M | 6.63M | 7.28M | 8.06M | 6.56M | 4.14M | 1.98M | 2.29M | 2.73M | 4.14M | 4.25M | 3.34M | 9.3M | 2.9M | 2.4M |
| Loan Loss Provision | 3.88M | 3.75M | 11.11M | 309K | 995K | -4.43M | 3.27M | 1.02M | 50K | -1.15M | -5.85M | 600K | 7.99M | 0 | 700K | 1.05M | 3.8M | 10.51M | 1.29M | 480K | 800K | 510K | 0 | 0 | 0 | 622.5K | 50K | 1.27M | -9.3M | -2.9M | -2.4M |
| Non-Interest Income | 7.64M | 7.93M | 3.81M | 5.68M | 3.67M | 7.59M | 12.04M | 11.4M | 8.65M | 9M | 8.05M | 7.96M | 6.92M | 6.91M | 6.6M | 5.9M | 3.36M | 5.68M | 5.19M | 4.52M | 5.18M | 4.01M | 4.08M | 4.55M | 4.21M | 4.69M | 3.53M | -3.74M | 4.7M | 6.5M | 4.2M |
| Non-Interest Income % | 3.88% | 4.08% | 2.32% | 5.26% | 4.23% | 9.32% | 15.42% | 14.67% | 11.88% | 13.56% | 14.71% | 16% | 14.44% | 16.55% | 17.19% | 14.68% | 8.53% | 12.2% | 14.01% | 12.18% | 14.34% | 13.33% | 19.56% | 23.29% | 22.47% | 24.35% | 20.65% | -49.16% | 18.58% | 44.83% | 38.18% |
| Total Revenue | 196.9M | 194.6M | 164.2M | 108.1M | 86.66M | 81.45M | 78.05M | 77.73M | 72.84M | 66.38M | 54.73M | 49.79M | 47.96M | 41.74M | 38.42M | 40.2M | 39.37M | 46.58M | 37.03M | 37.08M | 36.11M | 30.08M | 20.88M | 19.52M | 18.75M | 19.27M | 17.09M | 7.61M | 25.3M | 14.5M | 11M |
| Revenue Growth % | 27.24% | 18.52% | 51.89% | 24.75% | 6.39% | 4.35% | 0.41% | 6.72% | 9.73% | 21.3% | 9.92% | 3.8% | 14.9% | 8.64% | -4.42% | 2.11% | -15.49% | 25.78% | -0.13% | 2.7% | 20.05% | 44.04% | 7% | 4.1% | -2.71% | 12.76% | 124.52% | -69.92% | 74.48% | 31.82% | - |
| Non-Interest Expense | 87.67M | 88.79M | 92.06M | 53.96M | 47.1M | 46.57M | 45.92M | 44.2M | 43.4M | 42.57M | 37.38M | 34.59M | 34.1M | 30.76M | 26.64M | 27.87M | 28.38M | 27.53M | 20.98M | 19.1M | 18.54M | 16.04M | 13.27M | 12.36M | 11.99M | 10.86M | 10.11M | 2.07M | -11.2M | -8.8M | -6.7M |
| Efficiency Ratio | 44.53% | 45.63% | 56.07% | 49.92% | 54.35% | 57.17% | 58.83% | 56.86% | 59.58% | 64.14% | 68.31% | 69.48% | 71.09% | 73.69% | 69.32% | 69.33% | 72.08% | 59.1% | 56.64% | 51.5% | 51.35% | 53.33% | 63.53% | 63.31% | 63.94% | 56.34% | 59.19% | 27.23% | -44.27% | -60.69% | -60.91% |
| Operating Income | 56.88M | 52.53M | 11M | 33.84M | 35.14M | 38.02M | 27.26M | 29.95M | 27.91M | 23.82M | 22.1M | 13.55M | 4.72M | 9.6M | 9.21M | 8.34M | 2.91M | 1.91M | 7.49M | 9.45M | 10.21M | 9.39M | 5.64M | 4.87M | 4.03M | 3.65M | 2.68M | 924.5K | 14.1M | 0 | 0 |
| Operating Margin % | 28.89% | 26.99% | 6.7% | 31.3% | 40.55% | 46.68% | 34.93% | 38.53% | 38.31% | 35.88% | 40.38% | 27.21% | 9.85% | 22.99% | 23.96% | 20.74% | 7.39% | 4.1% | 20.23% | 25.47% | 28.27% | 31.21% | 27% | 24.96% | 21.5% | 18.96% | 15.66% | 12.15% | 55.73% | 0% | 0% |
| Operating Income Growth % | - | 377.61% | -67.5% | -3.7% | -7.56% | 39.46% | -8.98% | 7.32% | 17.17% | 7.78% | 63.14% | 186.75% | -50.78% | 4.26% | 10.4% | 186.53% | 52.2% | -74.48% | -20.71% | -7.46% | 8.75% | 66.48% | 15.77% | 20.82% | 10.37% | 36.46% | 189.55% | -93.44% | - | - | - |
| Pretax Income | 56.88M | 52.53M | 11M | 33.84M | 35.14M | 38.02M | 27.26M | 29.95M | 27.91M | 23.82M | 22.1M | 13.55M | 4.72M | 9.6M | 9.21M | 8.34M | 2.91M | 1.91M | 7.49M | 9.45M | 10.21M | 9.39M | 5.64M | 4.87M | 4.03M | 3.65M | 2.68M | 924.5K | 4.8M | 2.8M | 1.9M |
| Pretax Margin % | 28.89% | 26.99% | 6.7% | 31.3% | 40.55% | 46.68% | 34.93% | 38.53% | 38.31% | 35.88% | 40.38% | 27.21% | 9.85% | 22.99% | 23.96% | 20.74% | 7.39% | 4.1% | 20.23% | 25.47% | 28.27% | 31.21% | 27% | 24.96% | 21.5% | 18.96% | 15.66% | 12.15% | 18.97% | 19.31% | 17.27% |
| Income Tax | 15.51M | 14.36M | 3.33M | 8.3M | 8.5M | 9.62M | 6.91M | 8.51M | 6.62M | 9.79M | 6.92M | 2.58M | -570K | 1.35M | 1.69M | 1.86M | -369K | -676K | 2.35M | 3.17M | 3.3M | 3.34M | 1.94M | 1.5M | 1.25M | 1.27M | 904.1K | 207.7K | 1.9M | 1.2M | 800K |
| Effective Tax Rate % | 27.28% | 27.34% | 30.3% | 24.54% | 24.18% | 25.29% | 25.36% | 28.41% | 23.72% | 41.11% | 31.3% | 19.06% | -12.07% | 14.04% | 18.31% | 22.32% | -12.68% | -35.36% | 31.4% | 33.52% | 32.3% | 35.62% | 34.47% | 30.77% | 30.95% | 34.89% | 33.77% | 22.47% | 39.58% | 42.86% | 42.11% |
| Net Income | 41.36M | 38.17M | 7.67M | 25.54M | 26.64M | 28.4M | 20.35M | 21.44M | 21.29M | 14.03M | 15.18M | 10.96M | 5.29M | 8.25M | 7.52M | 6.48M | 3.28M | 2.59M | 5.14M | 6.28M | 6.91M | 6.04M | 3.69M | 3.37M | 2.78M | 2.38M | 1.75M | 717.99K | 2.9M | 1.6M | 1.1M |
| Net Margin % | 21.01% | 19.61% | 4.67% | 23.62% | 30.75% | 34.87% | 26.07% | 27.59% | 29.23% | 21.13% | 27.74% | 22.02% | 11.04% | 19.76% | 19.57% | 16.11% | 8.33% | 5.56% | 13.88% | 16.93% | 19.14% | 20.09% | 17.69% | 17.28% | 14.85% | 12.34% | 10.23% | 9.43% | 11.46% | 11.03% | 10% |
| Net Income Growth % | 236.76% | 397.89% | -69.98% | -4.16% | -6.18% | 39.58% | -5.11% | 0.72% | 51.78% | -7.61% | 38.47% | 107.1% | -35.83% | 9.71% | 16.1% | 97.53% | 26.7% | -49.64% | -18.17% | -9.13% | 14.34% | 63.57% | 9.58% | 21.12% | 17.07% | 36.08% | 143.39% | -75.24% | 81.25% | 45.45% | - |
| Net Income (Continuing) | 41.36M | 38.17M | 7.67M | 25.54M | 26.64M | 28.4M | 20.35M | 21.44M | 21.29M | 14.03M | 15.18M | 10.96M | 5.29M | 8.25M | 7.52M | 6.48M | 3.28M | 2.59M | 5.14M | 6.28M | 6.91M | 6.04M | 3.69M | 3.37M | 2.78M | 2.38M | 1.77M | 716.8K | 2.9M | 1.6M | 1.1M |
| EPS (Diluted) | 2.16 | 2.00 | 0.45 | 2.17 | 2.27 | 2.31 | 1.62 | 1.59 | 1.54 | 1.10 | 1.33 | 1.00 | 0.48 | 0.77 | 0.75 | 0.63 | 0.31 | 0.28 | 0.79 | 0.99 | 1.07 | 0.94 | 0.32 | 0.60 | 0.26 | 0.22 | 0.33 | 0.14 | 0.12 | 0.52 | 0.16 |
| EPS Growth % | 232.31% | 344.44% | -79.26% | -4.41% | -1.73% | 42.59% | 1.89% | 3.25% | 40% | -17.29% | 33% | 108.33% | -37.66% | 2.67% | 19.05% | 103.23% | 10.71% | -64.56% | -20.2% | -7.48% | 13.83% | 193.75% | -46.67% | 130.77% | 18.18% | -33.33% | 135.71% | 16.67% | -76.92% | 225% | - |
| EPS (Basic) | - | 2.01 | 0.45 | 2.18 | 2.27 | 2.32 | 1.62 | 1.60 | 1.55 | 1.12 | 1.34 | 1.00 | 0.48 | 0.77 | 0.75 | 0.63 | 0.31 | 0.29 | 0.83 | 1.05 | 1.16 | 1.03 | 0.36 | 0.65 | 0.27 | 0.23 | 0.34 | 0.14 | 0.55 | 0.52 | 0.16 |
| Diluted Shares Outstanding | 19.14M | 19.07M | 17.18M | 11.75M | 11.74M | 12.55M | 12.58M | 13.51M | 13.82M | 12.72M | 11.44M | 11.02M | 11M | 10.31M | 9.62M | 9.54M | 9.29M | 7.8M | 6.47M | 6.37M | 6.48M | 6.42M | 5.87M | 5.67M | 5.46M | 5.37M | 5.26M | 5.22M | 3.67M | 3.08M | 2.95M |
Merger integration and concentration
According to the provided quarterly data, CWBC has demonstrated a consistent upward trajectory in net interest income, climbing from $19.1 million in 2024Q1 to $36.6 million by 2026Q1, reflecting successful balance sheet scaling and effective management of interest-earning assets despite broader regional economic volatility.
The steady growth in NII suggests that the bank has successfully navigated the recent rate environment, likely benefiting from the repricing of its specialized loan portfolio. Investors should monitor whether this momentum persists as the bank integrates its recent merger, which may alter the underlying deposit beta dynamics.
As reported in financial statements, the bank's net interest margin has remained remarkably stable at 1.0% over the last three quarters, indicating a disciplined approach to asset-liability management that has effectively insulated the spread from the pressures of rising funding costs in the California market.
Maintaining a consistent NIM in a competitive coastal banking environment suggests that the bank's core deposit base remains resilient. However, the narrow margin profile warrants further investigation into whether the bank can sustain these levels if deposit competition intensifies further.
Based on the reported efficiency ratio of 44.7% in 2026Q1, CWBC has successfully improved its operating leverage from the 62.3% peak observed in 2024Q2, suggesting that the bank is effectively scaling its cost base relative to the revenue expansion generated by its recent strategic consolidation.
The downward trend in the efficiency ratio implies that management is successfully capturing synergies from the Central Valley Community Bancorp merger. Continued monitoring is required to ensure that this operational discipline is not compromised by the integration of disparate legacy systems.
Data from the income statement shows that provision expenses have stabilized at $90,000 in 2026Q1, a significant improvement from the $9.8 million charge recorded in 2024Q2, which appears to indicate a return to more normalized credit loss expectations following the initial merger-related adjustments.
The volatility in provision expenses over the last two years suggests that the bank's credit profile is highly sensitive to accounting adjustments and portfolio shifts. Analysts should scrutinize whether the current low provision levels accurately reflect the risk inherent in the expanded manufactured housing and agricultural loan books.
Quick answers to the most common questions about buying CWBC stock.
Community West Bancshares (CWBC) is profitable, generating $38.2M in net income for the fiscal year ending 2025 with a net profit margin of 19.6%.
Community West Bancshares (CWBC) reported an operating income of $52.5M, resulting in an operating profit margin of 27.0%. This margin reflects the operational efficiency of the business before interest and taxes.
Community West Bancshares (CWBC) generated $141.3M in gross profit for the year, representing a gross profit margin of 72.6%. This demonstrates the company's core pricing power and production efficiency.