Community West Bancshares (CWBC) Earnings Rise a Pointer for Large Banks
The first quarter of calendar 2008 has witnessed a strange stock market phenomenon. While giants of the Financial Sector have lurched from one business crisis to the next, the modest Regional Banks Industry has quietly recorded sound results. Business conditions have been very challenging for the entire Financial Sector since the second half of 2007. Here is a small capital regional bank with impressive business results during continuing problems for the industry. This bank has reported net income of 17 cents a share during the Most Recent Quarter. This is more than a 20% increase over the same quarter a…