Community West Bancshares amends 8-K filing to add unaudited pro forma merger financials
Community West Bancshares CWBC | 0.00 | |
First US Bancshares, Inc. FUSB | 0.00 |
- Community West Bancshares filed an amended Form 8-K to update unaudited pro forma financials for its acquisition of United Security Bancshares.
- Pro forma purchase consideration set at USD 184.67 million, based on a USD 23.3 closing price on March 31, 2026.
- Merger terms imply issuance of about 7,922,156 shares using a 0.4520 exchange ratio, with cash paid for fractional shares.
- Pro forma goodwill adjustment totals USD 54.59 million, reflecting preliminary fair value marks and elimination of USB’s existing goodwill.
- Pro forma combined totals at Dec. 31, 2025 include USD 4.98 billion assets, USD 4.18 billion deposits, USD 54.88 million net income, EPS of USD 2.04.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Community West Bancshares published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-043165), on June 15, 2026, and is solely responsible for the information contained therein.
