Commencement Bank
Highly Engaged Employees
Highly Engaged EmployeesBanking · Washington, United States · 51-200 Employees
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Overview
Headquarters
1313 Broadway Ste 400, Tacoma, Washingto...Phone Number
(253) 284-1800Website
www.commencementbank.comRevenue
$44.8 MillionStock Symbol
CBWAIndustry
ZI Rank: 2
Signal Type
Jan
Feb
Mar
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Jun
ZI Rank
1
2
1
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2
2
About Commencement Bank
Commencement Bank offers a range of financial services including business loans, personal checking, and savings accounts, tailored to meet the individual needs of their clients. The bank emphasizes personalized service and relationship banking, ensuring that customers receive support from real people. They have been recognized as one of America's Best Regional Banks by Newsweek and are committed to providing customized solutions for both businesses and individuals. With multiple branches and a focus on security, Commencement Bank aims to foster trust and reliability in their banking services.Explore more
Commencement Bank Org Chart
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JB
Vice President, Senior Cash Management Office...
MH
Vice President and Manager, Cash Management
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Revenue
Number of Employees
Type
Funding
Founded In
Commencement Bank
$44.8M
51-200
Public
-
2006
Brandi ParkerExecutive Vice President & Chief Financial Officer
Company Profile Activity
Activity Insights
Commencement Bank is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Commencement Bank is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Commencement Bank.
Commencement Bank Tech Stack
A closer look at the technologies used by Commencement Bank
Most Recent Scoops
Award
Award, Customer Service, Banking, Customer Success
Facilities Relocation / Expansion
Commencement Bank is planning to move offices in February 2025. The move will impact employees at the existing office located at 1102 Commerce Street, Tacoma, WA.
Facilities Relocation/Expansion
Left Company
Executive Move
Executive Moves, Left Company
New Hire
Executive Move
Executive Moves, New Hire
Commencement Bank News & Media
Chief financial officer, 2 accounting staffers leaving Commencement Bank, memo says
Commencement Bank chief executive told staff in email that transition work was under way with interim CFO, accounting temp.Commencement Bancorp, Inc. (CBWA) Announces 2023 First Quarter Earnings
Commencement Bancorp, Inc. (OTCQX:CBWA) reported quarterly net income of $720 thousand, or $0.18 per share, for the quarter ending March 31, 2023, compared to $983 thousand and $0.24 per share for first quarter 2022. First quarter 2023, recorded net interest income, after provisions for credit losses, of $4.4 million.Commencement Bancorp, Inc. (CBWA) Announces 2022 Third Quarter Financial Results
Commencement Bancorp, Inc. (OTCQX:CBWA) reported a quarterly net income of $1.8 million, or $0.45 earnings per share, for the quarter ending September 30, 2022. This represents an increase of 22% compared to $1.5 million for third quarter 2021, and 63% compared to $1.1 million in the preceding quarter. Total interest income benefitted from the rapid rate increases by the Federal Open Market Committee (FOMC), while interest expense decreased 38% year-over-year.Commencement Bancorp, Inc. (CBWA) Announces 2022 Second Quarter Financial Results
Commencement Bancorp, Inc. (OTCQX:CBWA) reported a quarterly net income of $1.1 million, or $0.27 earnings per share, for the quarter ending June 30, 2022, compared to a $62 thousand loss for second quarter 2021, which was the result of a large provision to the Allowance for Loan and Lease Losses (ALLL).
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Frequently Asked Questions Regarding Commencement Bank
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Commencement Bank offers a range of financial services including business loans, personal checking, and savings accounts, tailored to meet the individual needs of their clients. The bank emphasizes personalized service and relationship banking, ensuring that customers receive support from real people. They have been recognized as one of America's B... Read More
