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Community West Bancshares: Q3 Earnings Snapshot
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FRESNO, Calif. (AP) — FRESNO, Calif. (AP) — Community West Bancshares (CWBC) on Thursday reported third-quarter profit of $8.1 million.

The Fresno, California-based company said it had profit of 30 cents per share. Earnings, adjusted for non-recurring costs, came to 66 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share.

The holding company for Central Valley Community Bank posted revenue of $72.9 million in the period. Its adjusted revenue was $58 million, also beating Street forecasts. Four analysts surveyed by Zacks expected $56.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWBC at https://www.zacks.com/ap/CWBC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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