Community West Bancshares (CWBC) Research & Development (2010 - 2023)
Community West Bancshares (CWBC) posted quarterly Research & Development of $650000.0 for Q1 2023, up 20.15% year-over-year from $541000.0 in Q1 2022, and up 9.06% quarter-over-quarter from $596000.0 in Q4 2022.
Community West Bancshares (CWBC) Research & Development (2010 - 2023) Analysis & Trends
Community West Bancshares (CWBC) has reported Research & Development for 14 consecutive years, with $650000.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Research & Development rose 20.15% year-over-year to $650000.0; the TTM figure through Mar 2023 stood at $2.4 million (up 1.55% YoY), while the FY2025 annual figure was $3.2 million, down 15.69% from the prior year.
- Research & Development advanced to $650000.0 in Q1 2023 per CWBC's latest filing, from $596000.0 in the prior quarter.
- Across five years, Research & Development topped out at $650000.0 in Q1 2023 and bottomed at $336000.0 in Q1 2020.
- Historically, Research & Development has averaged $523058.8 across 5 years, with a median of $554000.0 in 2020.
- Annual changes were most pronounced in 2019 — Research & Development retreated 17.71% — and 2021, when it jumped 83.63%.
- Community West Bancshares' Research & Development stood at $371000.0 in 2019, then soared by 51.48% to $562000.0 in 2020, then slipped by 1.6% to $553000.0 in 2021, then grew by 7.78% to $596000.0 in 2022, then increased by 9.06% to $650000.0 in 2023.
- Business Quant data shows CWBC's Research & Development at $650000.0 in Q1 2023, $596000.0 in Q4 2022, and $560000.0 in Q3 2022.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 250.00 Mn |
| 10 | Community West Bancshares | 698.74 Mn | 481.78 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 650,000.00 |
| Dec 31, 2022 | 596,000.00 |
| Sep 30, 2022 | 560,000.00 |
| Jun 30, 2022 | 548,000.00 |
| Mar 31, 2022 | 541,000.00 |
| Dec 31, 2021 | 553,000.00 |
| Sep 30, 2021 | 599,000.00 |
| Jun 30, 2021 | 625,000.00 |
| Mar 31, 2021 | 617,000.00 |
| Dec 31, 2020 | 562,000.00 |
| Sep 30, 2020 | 594,000.00 |
| Jun 30, 2020 | 554,000.00 |
| Mar 31, 2020 | 336,000.00 |
| Dec 31, 2019 | 371,000.00 |
| Sep 30, 2019 | 390,000.00 |
| Jun 30, 2019 | 401,000.00 |
| Mar 31, 2019 | 395,000.00 |
| Dec 31, 2018 | 407,000.00 |
| Sep 30, 2018 | 409,000.00 |
| Jun 30, 2018 | 370,000.00 |