Community West Bancshares (CWBC) Research & Development (2010 - 2023)

Community West Bancshares' (CWBC) quarterly Research & Development came in at $650000.0 in Q1 2023, up 20.15% year-on-year from $541000.0 in Q1 2022, and up 9.06% on a QoQ basis from $596000.0 in Q4 2022.

Community West Bancshares (CWBC) Research & Development (2010 - 2023) Analysis & Trends

Community West Bancshares (CWBC) has 14 years of Research & Development data on file, last reported at $650000.0 in Q1 2023.

  • On a quarterly basis, Research & Development rose 20.15% year-over-year to $650000.0 in Q1 2023; TTM through Mar 2023 was $2.4 million, a 1.55% increase from a year earlier, with the FY2025 full-year figure at $3.2 million, down 15.69% from the prior year.
  • Research & Development for Q1 2023 stood at $650000.0, up from $596000.0 in the prior quarter.
  • Over the last five years, Research & Development for CWBC reached as high as $650000.0 in Q1 2023 and fell as low as $336000.0 in Q1 2020.
  • Historically, Research & Development has averaged $523058.8 across 5 years, with a median of $554000.0 in 2020.
  • Across the five-year window, Research & Development declined 17.71% in 2019 and surged 83.63% in 2021, its largest moves.
  • Year by year, Research & Development stood at $371000.0 in 2019, then surged by 51.48% to $562000.0 in 2020, then declined by 1.6% to $553000.0 in 2021, then rose by 7.78% to $596000.0 in 2022, then gained by 9.06% to $650000.0 in 2023.
  • Per Business Quant data, the three most recent Research & Development figures were $650000.0 in Q1 2023, $596000.0 in Q4 2022, and $560000.0 in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 KB Financial 42,090.38 Bn 42,090.38 Bn -786,828.77 -
2 Shinhan Financial 33,919.15 Bn 33,919.15 Bn - -
3 Bank Of Chile 4,123.52 Bn 4,123.52 Bn 167,623.00 -
4 Lloyds Banking 360.83 Bn 360.83 Bn - -
5 First Capital 204.17 Bn 203.82 Bn - 1.10 Mn
6 Landmark Bancorp 187.97 Bn 187.94 Bn - 554,000.00
7 NatWest 144.82 Bn -51.17 Bn - -
8 Pnc Financial Services 101.80 Bn 101.80 Bn - -
9 Us Bancorp 99.51 Bn 99.51 Bn - 573.00 Mn
10 Community West Bancshares 477.27 Mn 340.19 Mn - -

Historic Data

Download Data
DateValue
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