ClosedPublished 5 Apr 2024

Central Valley Community Bancorp /
Community West Bancshares

Central Valley Community Bancorp and Community West Bancshares complete merger

Buy side: Central Valley Community Bancorp
Buy sideCentral Valley Community Bancorp
Target: Community West Bancshares
TargetCommunity West Bancshares
Source · 5 Apr 2024Source-verified
Buy side: Central Valley Community Bancorp
Buy sideCentral Valley Community Bancorp
Target: Community West Bancshares
TargetCommunity West Bancshares
01 / BuyerCentral Valley Community Bancorp
02 / TargetCommunity West Bancshares
Source-verified
01

What happened

Central Valley Community Bancorp completed its merger with Community West Bancshares on April 1, 2024. The companies combined in an all-stock transaction, with Community West shareholders receiving 0.79 shares of Central Valley common stock for each share of Community West common stock.

The merger consideration was valued at approximately $143 million, based on Central Valley’s March 28 closing share price.

02

The source

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01
Source · Original source

Central Valley Community Bancorp and Community West Bancshares complete merger

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03

Timeline

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  1. Also stated

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  2. Closed

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  3. Published by the source

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