28.01.2022 - CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the fourth quarter of 2021 of $3,974,000 or $1.11 a share as compared to $4,976,000 or $1.37 a share for the fourth .
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CW Bancorp Reports Record First Quarter 2021 with EPS of $0.99 and ROTE of 21.40%
April 28, 2021 GMT
IRVINE, Calif. (BUSINESS WIRE) Apr 28, 2021
CW Bancorp (OTC: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the first quarter of 2021 of $3,647,000 or $0.99 a share as compared to $1,123,000 or $0.30 a share for the first quarter of 2020, an EPS increase of 230%.
Key Financial Results for the three months ended March 31, 2021:
Record net income growth of 225%
Record EPS of $0.99 up 230%
ROA of 1.26% up 66%
CW Bancorp announced today the completion of its previously announced holding company reorganization. Following shareholder approval and receipt of all requisite regulatory approvals, the holding.