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CWBC (Community West Bancshares) Asset Turnover : 0.01 (As of Dec. 2024)


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What is Community West Bancshares Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Community West Bancshares's Revenue for the three months ended in Dec. 2024 was $33.4 Mil. Community West Bancshares's Total Assets for the quarter that ended in Dec. 2024 was $3,526.5 Mil. Therefore, Community West Bancshares's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Community West Bancshares's annualized ROE % for the quarter that ended in Dec. 2024 was 7.60%. It is also linked to ROA % through Du Pont Formula. Community West Bancshares's annualized ROA % for the quarter that ended in Dec. 2024 was 0.78%.


Community West Bancshares Asset Turnover Historical Data

The historical data trend for Community West Bancshares's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Community West Bancshares Asset Turnover Chart

Community West Bancshares Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.03 0.04 0.04

Community West Bancshares Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Community West Bancshares's Asset Turnover

For the Banks - Regional subindustry, Community West Bancshares's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Community West Bancshares's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Community West Bancshares's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Community West Bancshares's Asset Turnover falls into.


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Community West Bancshares Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Community West Bancshares's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=114.175/( (2433.426+3521.771)/ 2 )
=114.175/2977.5985
=0.04

Community West Bancshares's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=33.354/( (3531.298+3521.771)/ 2 )
=33.354/3526.5345
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Community West Bancshares  (NAS:CWBC) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Community West Bancshares's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=27.58/363.1
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(27.58 / 133.416)*(133.416 / 3526.5345)*(3526.5345/ 363.1)
=Net Margin %*Asset Turnover*Equity Multiplier
=20.67 %*0.0378*9.7123
=ROA %*Equity Multiplier
=0.78 %*9.7123
=7.60 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Community West Bancshares's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=27.58/3526.5345
=(Net Income / Revenue)*(Revenue / Total Assets)
=(27.58 / 133.416)*(133.416 / 3526.5345)
=Net Margin %*Asset Turnover
=20.67 %*0.0378
=0.78 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Community West Bancshares Asset Turnover Related Terms

Thank you for viewing the detailed overview of Community West Bancshares's Asset Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Community West Bancshares Business Description

Traded in Other Exchanges
N/A
Address
7100 North Financial Drive, Suite 101, Fresno, CA, USA, 93720
Community West Bancshares is a bank holding company whose principal business is to serve as the holding company for its wholly-owned subsidiary Community West Bank N.A. Through CWB, the Company provides a variety of financial products and full-service Banking Centers within California's Greater Sacramento, San Joaquin Valley, and Central Coast regions, that provide Commercial Lending, Real Estate, Agribusiness, Private Banking, and Cash Management Departments.
Executives
James J Kim officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Shannon R Avrett officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Dawn M Cagle officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Jeffrey Michael Martin officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Steven D Mcdonald director
Dorothea D Silva director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Patrick A Luis officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Anthony Kenneth Ramos officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Daniel J Doyle director, officer: PRESIDENT & CEO 10335 N. ARCHIE, FRESNO CA 93720
Andriana D Majarian director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Blaine Lauhon officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Louis C Mcmurray director, 10 percent owner 2520 NORTH ARGYLE, FRESNO CA 93727
Daniel N Cunningham director 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Teresa Gilio officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720
Dawn P Crusinberry officer: EXECUTIVE VICE PRESIDENT 7100 N. FINANCIAL DRIVE, SUITE 101, FRESNO CA 93720