Central Valley Community Bancorp (NASDAQ:CVCY) is scheduled to issue 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 posted its earnings results on Wednesday, October 18th. The financial services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.04. The company had revenue of $16.13 million for the quarter, compared to analyst estimates 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.

Central Valley Community Bancorp (CVCY) opened at $20.12 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.03. The firm has a market cap of $273.26, a PE ratio of 15.24, a price-to-earnings-growth ratio of 1.80 and a beta of 0.24. Central Valley Community Bancorp has a fifty-two week low of $17.62 and a fifty-two week high of $23.94.

CVCY has been the topic of several recent analyst reports. Sandler O’Neill set a $25.00 target price on shares of Central Valley Community Bancorp and gave the company a “buy” rating in a report on Thursday, January 4th. Zacks Investment Research upgraded shares of Central Valley Community Bancorp from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a report on Friday, October 20th. One 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 given a strong buy rating to the company. Central Valley Community Bancorp presently has a consensus rating of “Buy” and an average price target of $24.00.

A hedge fund recently raised its stake in Central Valley Community Bancorp stock. State Street Corp grew its stake in Central Valley Community Bancorp (NASDAQ:CVCY) by 9.9% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 131,496 shares of the financial services provider’s stock after acquiring an additional 11,845 shares during the period. State Street Corp owned about 1.08% of Central Valley Community Bancorp worth $2,914,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 40.66% of the company’s stock.

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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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