Latest Ratios: P/E Ratio 13.5x · EV/EBITDA 9.5x · ROE 9.9%. (1996–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $514M | $429M | $333M | $204M | $176M | $168M | $114M | $150M | $139M | $135M | $106M |
| Enterprise Value | $538M | $453M | $416M | $300M | $260M | $44M | $58M | $113M | $122M | $40M | $73M |
| P/E Ratio → | 13.52 | 11.25 | 43.04 | 8.01 | 6.59 | 5.81 | 5.60 | 6.98 | 6.51 | 9.68 | 6.95 |
| P/S Ratio | 2.64 | 2.20 | 2.03 | 1.89 | 2.03 | 2.07 | 1.46 | 1.93 | 1.90 | 2.04 | 1.93 |
| P/B Ratio | 1.26 | 1.05 | 0.92 | 0.99 | 1.01 | 0.68 | 0.47 | 0.66 | 0.63 | 0.65 | 0.64 |
| P/FCF | 11.79 | 9.84 | 19.39 | 11.53 | 7.54 | 4.02 | 7.36 | 7.20 | 4.76 | 5.56 | 8.70 |
| P/OCF | 11.15 | 9.30 | 14.99 | 7.42 | 7.42 | 3.93 | 6.72 | 6.91 | 4.64 | 5.37 | 8.13 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.33 | 2.53 | 2.78 | 3.00 | 0.54 | 0.74 | 1.45 | 1.68 | 0.61 | 1.33 |
| EV / EBITDA | 9.47 | 7.97 | 31.48 | 8.65 | 7.25 | 0.94 | 1.77 | 3.12 | 3.38 | 1.19 | 2.32 |
| EV / EBIT | 10.24 | 8.62 | 37.80 | 8.88 | 7.40 | 1.16 | 2.13 | 3.77 | 4.37 | 1.69 | 3.29 |
| EV / FCF | — | 10.38 | 24.22 | 16.95 | 11.16 | 1.06 | 3.74 | 5.42 | 4.19 | 1.65 | 5.99 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 72.6% | 72.6% | 62.8% | 81.2% | 94.9% | 103.8% | 93.8% | 95.4% | 97.9% | 100.0% | 108.7% |
| Operating Margin | 27.0% | 27.0% | 6.7% | 31.3% | 40.6% | 46.7% | 34.9% | 38.5% | 38.3% | 35.9% | 40.4% |
| Net Profit Margin | 19.6% | 19.6% | 4.7% | 23.6% | 30.7% | 34.9% | 26.1% | 27.6% | 29.2% | 21.1% | 27.7% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.9% | 9.9% | 2.7% | 13.4% | 12.6% | 11.5% | 8.6% | 9.6% | 9.9% | 7.5% | 10.0% |
| ROA | 1.1% | 1.1% | 0.3% | 1.1% | 1.1% | 1.3% | 1.1% | 1.4% | 1.3% | 0.9% | 1.1% |
| ROIC | 7.0% | 7.0% | 1.8% | 7.8% | 9.1% | 10.4% | 8.1% | 9.4% | 9.3% | 9.3% | 10.6% |
| ROCE | 2.6% | 2.6% | 2.8% | 12.2% | 13.2% | 14.1% | 11.0% | 12.8% | 12.7% | 12.4% | 14.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.35 | 0.35 | 0.56 | 0.72 | 0.66 | 0.16 | 0.06 | 0.07 | 0.07 | 0.02 | 0.03 |
| Debt / EBITDA | 2.51 | 2.51 | 15.40 | 4.31 | 3.22 | 0.84 | 0.43 | 0.43 | 0.42 | 0.15 | 0.18 |
| Net Debt / Equity | — | 0.06 | 0.23 | 0.46 | 0.48 | -0.50 | -0.23 | -0.16 | -0.08 | -0.45 | -0.20 |
| Net Debt / EBITDA | 0.41 | 0.41 | 6.28 | 2.76 | 2.35 | -2.64 | -1.72 | -1.02 | -0.46 | -2.82 | -1.05 |
| Debt / FCF | — | 0.54 | 4.83 | 5.42 | 3.62 | -2.97 | -3.63 | -1.78 | -0.57 | -3.91 | -2.72 |
| Interest Coverage | 1.06 | 1.06 | 0.22 | 1.69 | 10.27 | 29.20 | 17.09 | 11.70 | 18.81 | 20.95 | 20.16 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.63 | 1.63 | 0.14 | 0.22 | 0.35 | 0.60 | 0.46 | 0.41 | 0.40 | 0.46 | 0.48 |
| Quick Ratio | 1.63 | 1.63 | 0.14 | 0.22 | 0.35 | 0.60 | 0.46 | 0.41 | 0.40 | 0.46 | 0.48 |
| Cash Ratio | 1.63 | 1.63 | 0.04 | 0.03 | 0.01 | 0.08 | 0.04 | 0.04 | 0.02 | 0.07 | 0.03 |
| Asset Turnover | — | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.8% | 2.1% | 2.5% | 2.8% | 3.2% | 3.4% | 4.8% | 3.9% | 3.1% | 2.2% | 2.6% |
| Payout Ratio | 24.0% | 24.0% | 107.4% | 22.2% | 21.2% | 20.3% | 27.2% | 27.1% | 20.1% | 21.5% | 17.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.4% | 8.9% | 2.3% | 12.5% | 15.2% | 17.2% | 17.8% | 14.3% | 15.4% | 10.3% | 14.4% |
| FCF Yield | 8.5% | 10.2% | 5.2% | 8.7% | 13.3% | 24.8% | 13.6% | 13.9% | 21.0% | 18.0% | 11.5% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 3.9% | 8.1% | 9.7% | 10.4% | 0.6% | 0.0% | 0.0% |
| Total Shareholder Yield | 1.8% | 2.2% | 2.5% | 2.8% | 7.1% | 11.5% | 14.5% | 14.3% | 3.7% | 2.2% | 2.6% |
| Shares Outstanding | — | $19M | $17M | $12M | $12M | $13M | $13M | $14M | $14M | $13M | $11M |
Merger integration and concentration
With a P/B ratio of 1.25, CWBC trades at a premium relative to its historical range, suggesting that investors are pricing in the potential for improved returns on tangible equity following the recent merger with Central Valley Community Bancorp as reported in recent financial filings.
The current P/B multiple appears to reflect market confidence in the bank's transition from a niche coastal player to a broader regional entity. However, investors should monitor whether the bank can sustain this valuation if the expected synergies fail to drive a meaningful expansion in ROTCE beyond current levels.
Based on the provided quarterly data, CWBC's ROE has stabilized at 2.8% in 2026Q1, a recovery from the negative territory seen in 2024Q2, driven primarily by improved operational efficiency and a normalization of credit costs following the recent strategic consolidation.
The bank's profitability remains constrained by a relatively low NIM of 1.0%, which suggests that the current asset-liability mix is not yet fully optimized for the higher-rate environment. Future ROE expansion will likely depend on the bank's ability to leverage its expanded scale to improve non-interest income contributions.
As reported in financial statements, the efficiency ratio improved significantly to 44.7% in 2026Q1 from a peak of 62.3% in 2024Q2, indicating that management is successfully controlling non-interest expenses while scaling the revenue base through the recent merger.
The stabilization of the efficiency ratio suggests that the initial integration costs of the merger are being absorbed, allowing for better operating leverage. Investors should monitor whether this trend persists or if wage inflation in the California market exerts upward pressure on the cost base.
According to peer comparison data, CWBC's 1.25 P/B ratio sits in the middle of the pack, trailing the 1.70 P/B of Preferred Bank, which suggests that the market is still evaluating the long-term structural benefits of CWBC's recent merger activity compared to more established regional competitors.
While CWBC's D/E ratio of 0.35 remains conservative, its current ROE lags behind peers like PFBC, implying that the bank has significant room to improve its capital utilization. The gap between CWBC and its peers appears to be largely driven by the ongoing integration phase rather than fundamental structural weaknesses.
The P/E ratio is frequently misapplied to CWBC, as it obscures the impact of volatile loan loss provisions and merger-related accounting adjustments that can artificially depress earnings in any given quarter, as evidenced by the sharp swings in profitability observed between 2024Q2 and 2026Q1.
Investors should prioritize P/TBV and ROTCE over P/E, as these metrics provide a clearer view of the bank's underlying franchise value and capital efficiency. Relying on P/E in a period of significant balance sheet transformation may lead to an inaccurate assessment of the bank's true earnings power.
Includes 30+ ratios · 30 years · Updated daily
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Quick answers to the most common questions about buying CWBC stock.
Community West Bancshares's current P/E ratio is 13.5x. The historical average is 16.9x. This places it at the 60th percentile of its historical range.
Community West Bancshares's current EV/EBITDA is 9.5x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.0x.
Community West Bancshares's return on equity (ROE) is 9.9%. The historical average is 9.7%.
Based on historical data, Community West Bancshares is trading at a P/E of 13.5x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Community West Bancshares's current dividend yield is 1.78% with a payout ratio of 24.0%.
Community West Bancshares has 72.6% gross margin and 27.0% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Community West Bancshares's Debt/EBITDA ratio is 2.5x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.