CommerceWest Bank Reports Third Quarter 2018 EPS of $0.39, up 18%
Irvine, California – October 25, 2018 – CommerceWest Bank reported net income for the three months ended September 30, 2018 of $1,576,000 or $0.39 per common share, compared with net income of $1,345,000 or $0.33 per common share for the three months ended September 30, 2017, an EPS increase of 18%. Net income for the nine months ended September 30, 2018 of $4,245,000 or $1.04 per common share, compared with net income of $3,932,000 or $0.96 per common share for the nine months ended September 30, 2017, an EPS increase of 8%.