-

CommerceWest Bank Recognized as a “Super Premier Performance” Bank

IRVINE, Calif.--(BUSINESS WIRE)--CommerceWest Bank (OTCQX:CWBK) was named as a "Super Premier Performance” Bank by The Findley Reports. The Findley Reports provides the banking industry with performance benchmarks by designating banks as “Super Premier Performance,” “Premier Performance,” or “Commendable Performance” banks. To receive one of the top designations, banks must first meet the A-Quality scoring criteria that looks at growth, net operating income, net loan loss and equity return.

"The team continues to execute on our vision and strategy by delivering a fortress balance sheet with outstanding financial results,” stated Ivo Tjan, Chairman and CEO of CommerceWest Bank. He continued, “We remain focused on building strong long-term partnerships with the businesses, business owners and communities we serve. Our company looks forward to continuing to expand our footprint and client base in 2023.”

CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering on customized products and services. Founded in 2001 and headquartered in Irvine, California, the Bank serves businesses throughout the state of California with our digital banking platform. By employing a strategically selected team of experienced professionals, we will provide flexibility, create a complete, safe and sound banking experience for each client. We provide a wide range of commercial banking services, including remote deposit solution, NetBanker online banking, mobile banking, lines of credit, M&A / working capital loans, commercial real estate loans, SBA loans and treasury management services.

Mission Statement: CommerceWest Bank will create a complete banking experience for each client, catering to businesses and their specific banking needs, while accommodating our clients and providing them high-quality, low stress and personally tailored banking and financial services.

Please visit www.cwbk.com to learn more about the bank. “BANK ON THE DIFFERENCE”

Contacts

CommerceWest Bank Contact:
Ivo A. Tjan, CEO
Leeann M. Cochran, CFO
Telephone: (866) 521-CWBK
E-mail: InvestorRelations@cwbk.com
Website: www.cwbk.com

CommerceWest Bank

OTCQX:CWBK

Release Versions

Contacts

CommerceWest Bank Contact:
Ivo A. Tjan, CEO
Leeann M. Cochran, CFO
Telephone: (866) 521-CWBK
E-mail: InvestorRelations@cwbk.com
Website: www.cwbk.com

Social Media Profiles
More News From CommerceWest Bank

Ivo Tjan of CommerceWest Bank Honored in the 2024 OC500 Directory of Influence & OC50 List

IRVINE, Calif.--(BUSINESS WIRE)--CommerceWest Bank (OTCQX:CWBK) is proud to announce Ivo Tjan, CommerceWest Bank President and CEO, was recognized by the Orange County Business Journal for two noteworthy achievements: first, in the 2024 OC500 Directory of Influence, a list of Orange County’s top Executives, Educators and Community Leaders who made headlines in the past year for their leadership and innovation in the finance, healthcare, real estate and technology industries. Mr. Tjan was also n...

CW BANCORP Quarterly Cash Dividend

IRVINE, Calif.--(BUSINESS WIRE)--CW BANCORP (OTCQX: CWBK), 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, 2025, to shareholders of record on December 16, 2024. CommerceWest Bank is determined to redefine banking for small and medium sized businesses by delivering on customized products and services. Founded in 2001 and headquartere...

CW Bancorp Reports Q3 2024 ROA 1.11% and ROTE of 15.64%

IRVINE, Calif.--(BUSINESS WIRE)--CW Bancorp (OTCQX: CWBK), the parent company (“the Company”) of CommerceWest Bank (the “Bank”) reported consolidated net income for the third quarter of 2024 of $3,131,000 or $1.03 per diluted share as compared to $5,234,000 or $1.61 per diluted share for the third quarter of 2023, an EPS decrease of 36% and net income for the nine months ended September 30, 2024 of $9,208,000 or $2.99 per diluted share as compared to $14,066,000 or $4.26 per diluted share for t...
Back to Newsroom