April 28, 2021

CW Bancorp Reports Record First Quarter 2021 with EPS of $0.99 and ROTE of 21.40%

IRVINE, Calif.–(BUSINESS WIRE)–CW Bancorp (OTC: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the first quarter of 2021 of $3,647,000 or $0.99 a share as compared to $1,123,000 or $0.30 a share for the first quarter of 2020, an EPS increase of 230%. Key Financial Results for the three months ended March 31, 2021: Record net income growth of 225% Record EPS of $0.99 up 230% ROA of 1.26% up 66% ROTE of 21.40% up 198% Record depo


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