Community West Bancshares (CWBC) Q2 2026 earnings summary

Executive summary

• Completed merger with United Security Bancshares on April 1, 2026, resulting in significant growth in assets, loans, and deposits.

• Net income for Q2 2026 was $2.70 million ($0.10 per diluted share), down from $7.83 million ($0.41 per share) in Q2 2025, primarily due to merger-related expenses, securities losses, and higher credit loss provisions.

• Declared a $0.12 per share cash dividend, payable August 21, 2026.

Financial highlights

• Net income for Q2 2026: $2.70 million, down from $11.49 million in Q1 2026 and $7.83 million in Q2 2025.

• Diluted EPS for Q2 2026: $0.10, compared to $0.60 in Q1 2026 and $0.41 in Q2 2025.

• Net interest income before provision for credit losses: $50.91 million in Q2 2026, up 52.87% year-over-year.

• Total assets at June 30, 2026: $5.03 billion, up 36.42% from December 31, 2025.

• Gross loans increased 38.91% sequentially to $3.54 billion; deposits rose 31.13% to $4.12 billion.

Outlook and guidance

• Management expects the merger to drive long-term growth and value creation, with integration progressing as planned.

• Strategic repositioning of the investment portfolio is expected to be accretive to income in future quarters.