Community Historical Income Statement
CWBC Stock | USD 21.82 0.61 2.88% |
Historical analysis of Community West income statement accounts such as Interest Expense of 21 M, Selling General Administrative of 16.5 M or Selling And Marketing Expenses of 667.2 K can show how well Community West Bancshares performed in making a profits. Evaluating Community West income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Community West's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Community West Bancshares latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Community West Bancshares is a good buy for the upcoming year.
Community |
About Community Income Statement Analysis
Community West Bancshares Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Community West shareholders. The income statement also shows Community investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Community West Income Statement Chart
Add Fundamental
Total Revenue
Total revenue comprises all receipts Community West Bancshares generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Community West Bancshares minus its cost of goods sold. It is profit before Community West operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Community West income statement and is an important metric when analyzing Community West Bancshares profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Community West Bancshares financial statement analysis. It represents the amount of money remaining after all of Community West Bancshares operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Community West's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Community West Bancshares current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. At present, Community West's Selling And Marketing Expenses is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 92.5 M, whereas Depreciation And Amortization is forecasted to decline to about 766.9 K.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 3.7M | 3.3M | 20.0M | 21.0M | Depreciation And Amortization | 1.6M | 1.3M | 959K | 766.9K |
Community West income statement Correlations
Click cells to compare fundamentals
Community West Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Community West income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 864K | 1.7M | 1.6M | 1.3M | 959K | 766.9K | |
Interest Expense | 11.4M | 7.3M | 3.7M | 3.3M | 20.0M | 21.0M | |
Selling General Administrative | 18.8M | 19.9M | 20.3M | 20.2M | 32.6M | 16.5M | |
Selling And Marketing Expenses | 774K | 673K | 734K | 921K | 542K | 667.2K | |
Total Revenue | 38.0M | 40.5M | 46.1M | 49.8M | 57.5M | 35.2M | |
Gross Profit | 38.0M | 40.5M | 46.1M | 49.8M | 9.9M | 9.4M | |
Other Operating Expenses | 26.6M | 28.7M | 27.8M | 921K | 88.1M | 92.5M | |
Operating Income | 11.4M | 11.8M | 18.3M | 22.0M | (232K) | (220.4K) | |
Ebit | 11.4M | 10.9M | 17.5M | 21.5M | (9.9M) | (9.4M) | |
Ebitda | 12.2M | 12.6M | 19.1M | 22.8M | (8.9M) | (8.5M) | |
Total Operating Expenses | (26.6M) | (28.7M) | (27.8M) | 921K | 88.1M | 92.5M | |
Income Before Tax | 11.4M | 11.8M | 18.3M | 18.7M | 33.8M | 35.5M | |
Total Other Income Expense Net | 11.4M | (565K) | (485K) | (1.6M) | 33.8M | 35.5M | |
Net Income | 8.0M | 8.2M | 13.1M | 13.4M | 25.5M | 26.8M | |
Income Tax Expense | 3.4M | 3.5M | 5.2M | 5.3M | 8.3M | 8.7M | |
Net Income Applicable To Common Shares | 8.0M | 8.2M | 13.1M | 13.4M | 15.5M | 16.2M | |
Net Income From Continuing Ops | 8.0M | 8.2M | 13.1M | 13.4M | 25.5M | 26.8M | |
Tax Provision | 3.4M | 3.5M | 5.2M | 5.3M | 8.3M | 4.9M | |
Net Interest Income | 34.4M | 36.6M | 42.4M | 45.8M | 82.4M | 44.6M | |
Interest Income | 45.7M | 43.9M | 46.1M | 49.1M | 102.4M | 52.5M | |
Reconciled Depreciation | 864K | 821K | 780K | 711K | 9.9M | 10.4M |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Community West Bancshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Community West's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Community West Bancshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Community West Bancshares Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Community West Bancshares. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Community West. If investors know Community will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Community West listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.67) | Dividend Share 0.48 | Earnings Share 0.55 | Revenue Per Share 6.221 | Quarterly Revenue Growth 0.452 |
The market value of Community West Bancshares is measured differently than its book value, which is the value of Community that is recorded on the company's balance sheet. Investors also form their own opinion of Community West's value that differs from its market value or its book value, called intrinsic value, which is Community West's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Community West's market value can be influenced by many factors that don't directly affect Community West's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Community West's value and its price as these two are different measures arrived at by different means. Investors typically determine if Community West is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Community West's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.