Central Valley Community Bancorp (NASDAQ:CVCY) will be issuing its quarterly earnings data after the market closes on Tuesday, January 23rd. Analysts expect the company to announce earnings of $0.22 per share for the quarter.

Central Valley Community Bancorp (NASDAQ:CVCY) last released its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.04. The business had revenue of $16.13 million for the quarter, compared to the consensus estimate of $16.60 million. Central Valley Community Bancorp had a net margin of 24.80% and a return on equity of 9.41%. On average, analysts expect Central Valley Community Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of Central Valley Community Bancorp (CVCY) opened at $20.12 on Tuesday. The stock has a market cap of $273.26, a P/E ratio of 15.24, a PEG ratio of 1.80 and a beta of 0.24. Central Valley Community Bancorp has a 52 week low of $17.62 and a 52 week high of $23.94. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03.

A hedge fund recently raised its stake in Central Valley Community Bancorp stock. State Street Corp increased its holdings in shares of Central Valley Community Bancorp (NASDAQ:CVCY) by 9.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,496 shares of the financial services provider’s stock after buying an additional 11,845 shares during the period. State Street Corp owned about 1.08% of Central Valley Community Bancorp worth $2,914,000 at the end of the most recent quarter. 40.66% of the stock is currently owned by institutional investors.

CVCY has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Central Valley Community Bancorp from a “hold” rating to a “strong-buy” rating and set a $23.00 price target on the stock in a research note on Monday, January 1st. Sandler O’Neill set a $25.00 price target on shares of Central Valley Community Bancorp and gave the company a “buy” rating in a research note on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $24.00.

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About Central Valley Community Bancorp

Central Valley Community Bancorp is a bank holding company, which operates through its subsidiary, Central Valley Community Bank (the Bank). The Company’s principal business is to provide, through its banking subsidiary, financial services in its primary market area in California. It serves over seven contiguous counties in California’s central valley, including Fresno County, Madera County, Merced County, Sacramento County, San Joaquin County, Stanislaus County, and Tulare County, and surrounding areas through the Bank.

Earnings History for Central Valley Community Bancorp (NASDAQ:CVCY)

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