Community West Bancshares reports Q1 EPS 44c, consensus 46c

Effective on April 1, 2024, Central Valley Community Bancorp completed its merger transaction with Community West Bancshares (CWBC). Shortly thereafter Community West Bank, a wholly owned subsidiary of Community West Bancshares, merged with and into Central Valley Community Bank, a wholly-owned subsidiary of Central Valley Community Bancorp, with Central Valley Community Bank being the surviving banking institution. Effective with these mergers, the corporate names of Central Valley Community Bancorp and Central Valley Community Bank were changed to Community West Bancshares and Community West Bank, respectively.