News & Press Releases

CW BANCORP Quarterly Cash Dividend

Irvine, California – March 4, 2024 – 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, payable March 15, 2024 to shareholders of record on March 10, 2024.

CW BANCORP Quarterly Cash Dividend

Irvine, California – November 30, 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, payable January 2, 2024 to shareholders of record on December 15, 2023.

CW Bancorp Reports Q3 2023 EPS of $1.61, ROA 1.82% and ROTE of 28.83%

Irvine, California – October 26, 2023 – CW Bancorp, the parent company of CommerceWest Bank, reported consolidated net income for the third quarter of 2023 of $5,234,000 or $1.61 per diluted share as compared to $4,595,000 or $1.33 per diluted share for the third quarter of 2022, an EPS increase of 21%.

CW Bancorp Reports Q2 2023 EPS of $1.27, ROA 1.45% and ROTE of 23.85%

Irvine, California – July 28, 2023 – CW Bancorp, the parent company of CommerceWest Bank, reported consolidated net income for the second quarter of 2023 of $4,214,000 or $1.27 per diluted share as compared to $4,186,000 or $1.20 per diluted share for the second quarter of 2022, an EPS increase of 6%.

CW Bancorp Reports Q1 2023 Earnings up 14%, EPS up 19% and ROTE of 27.19%

Irvine, California – April 27, 2023 – CW Bancorp, the parent company of CommerceWest Bank reported consolidated net income for the first quarter of 2023 of $4,618,000 or $1.37 per diluted share as compared to $4,058,000 or $1.15 per diluted share for the first quarter of 2022, an EPS increase of 19%.

CW BANCORP Quarterly Cash Dividend Increases by 5%

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.