Irvine, California – February 23, 2023 – CW BANCORP, the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.23 per common share, an increase of 5% from the prior quarter, payable April 3, 2023 to shareholders of record on March 10, 2023.
Irvine, California – January 26, 2023 – CW Bancorp, the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the fourth quarter of 2022 of $4,521,000 or $1.32 per diluted share as compared to $3,974,000 or $1.11 per diluted share for the fourth quarter of 2021, an EPS increase of 19%.
Irvine, California – December 6, 2022 – CW BANCORP, the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.22 per common share, payable January 3, 2023 to shareholders of record on December 16, 2022.
Irvine, California – Oct 27, 2022 – CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2022 of $4,595,000 or $1.33 a share as compared to $3,576,000 or $0.99 a share for the third quarter of 2021, an EPS increase of 35% and net income for the nine months ended September 30, 2022 of $12,839,000 or $3.68 a share.
Irvine, California – October 3, 2022 – Ivo Tjan, Chairman, President and CEO of CommerceWest Bank was recognized by the Los Angeles Times as a 2022 Orange County Visionary in acknowledgement for his noteworthy success to the business community during the last 18 months.
Irvine, California – August 25, 2022 – CW BANCORP, parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.22 per common share, payable October 3, 2022 to shareholders of record on September 9, 2022.
Irvine, California – July 28, 2022 – CW Bancorp, the parent company of CommerceWest Bank reported consolidated net income for the second quarter of 2022 of $4,186,000 or $1.20 a share as compared to $2,981,000 or $0.81 a share for the second quarter of 2021, an EPS increase of 48% and net income for the six months ended June 30, 2022 of $8,244,000 or $2.35 a share.
Irvine, California – July 25, 2018 – CommerceWest Bank reported net income for the three months ended June 30, 2018 of $1,032,000 or $0.25 per common share, compared with net income of $1,078,000 or $0.26 per common share for the three months ended June 30, 2017, an EPS decrease of 4%. Net income for the six months ended June 30, 2018 of $2,669,000 or $0.65 per common share, compared with net income of $2,587,000 or $0.63 per common share for the six months ended June 30, 2017, an EPS increase of 3%.
Irvine, California – May 31, 2022 – CW BANCORP (OTCQX: CWBK), the parent company of CommerceWest Bank announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.22 per common share, payable July 1, 2022 to shareholders of record on June 10, 2022.
Irvine, California – April 28, 2022 – CW Bancorp, the parent company (“the Company”) of CommerceWest Bank
