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Sunwest Bank
Sunwest Bank (SWBC) is a publicly traded company based in Texas, USA. It provides a range of banking services, including commercial and consumer banking, mortgage lending, and wealth management. As of my knowledge up to 2021, here is some general information about the company's financials and growth:
Revenue and Earnings:
* Sunwest Bank's total revenue for the year ended December 31, 2020 was $153.2 million, an increase of 4.8% from the previous year.
* The company's net income for the same period was $30.5 million, an increase of 6.4% from the previous year.
Growth:
* Sunwest Bank has shown consistent growth in recent years, with total assets increasing from $1.9 billion in 2017 to $2.3 billion in 2020.
* The company's loan portfolio has also grown significantly, from $1.2 billion in 2017 to $1.7 billion in 2020.
Dividends:
* As of 2021, Sunwest Bank pays a quarterly dividend of $0.12 per share, representing an annual yield of approximately 1.8% based on the stock's price as of March 1, 2023.
Valuation:
* Sunwest Bank's stock has generally traded at a price-to-earnings (P/E) ratio of around 12-15, which is below the average for the banking industry.
* The company's price-to-book (P/B) ratio is around 1.3, which is generally considered to be a reasonable valuation for a bank.
Overall, Sunwest Bank appears to be a financially healthy and growing company, with stable earnings and a conservatively valued stock. However, potential investors should always do their own research and consult with a financial advisor before making any investment decisions.