James W. Lokey, a director of Community West Bancshares (NASDAQ: CWBC), purchased 54.23 common shares on August 21, 2026, at a price of $25.9176 per share, totaling $1,405. The transaction was executed through a dividend reinvestment plan, according to regulatory filings.
Following the acquisition, Lokey’s direct ownership in Community West Bancshares increased to 15,228.902 shares. The bank’s shares were trading at $26.01 at the time of the transaction, reflecting a 17% year-to-date gain and a 24% increase over the trailing 12 months.
Community West Bancshares has maintained a consistent dividend policy, paying dividends for 15 consecutive years. The bank’s recent financial performance has been influenced by merger-related factors, including an elevated provision for loan losses. This adjustment followed a change in peer group classification after the bank surpassed $5 billion in total assets.
D.A. Davidson, the brokerage facilitating the transaction, maintains a "buy" rating on Community West Bancshares with a price target of $29.00.
