Central Valley Community Bancorp (NASDAQ:CVCY) is reporting second quarter financial results on Wednesday 22nd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, CVCY is expected to report 2Q20 income of $ 0.31 per share from revenue of $ 16.28 million.
For the full year, analysts anticipate top line of $ 67.02 million, while looking forward to income of $ 1.55 per share bottom line.
Previous Quarter Performance
Central Valley Community Bancorp unveiled income for the first quarter of $ 0.52 per share, from the revenue of $ 16.03 million. The quarterly earnings boosted 10.71 percent while revenues compared with the same quarter last year.
According to street consensus, revenue of was expected for the first quarter The bottom line results street analysts by $ 0.07 or , at the same time, top line results analysts by $ 5.05 million or .
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of Central Valley Community Bancorp
Stock Performance
According to the previous trading day, closing price of CVCY was $ 14.03, representing a 32.48 % increase from the 52 week low of $ 10.59 and a 36.66 % decrease over the 52 week high of $ 22.15.
The company has a market capital of $ 175.03 million and is part of the Financial Services sector and Banks – Regional – US industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”CVCY” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.11 per share on April 15, 2020. The dividend were payable on May 15, 2020 to holders of record as of the close of business on May 1, 2020 and ex-dividend date on April 30, 2020.
Central Valley Community Bancorp operates as the bank holding company for the Central Valley Community Bank that provides various commercial banking services to small and middle-market businesses and individuals in the central valley area of California. The company accepts deposit products, such as savings, NOW, and money market accounts, as well as time certificates of deposit; and non-interest bearing demand deposits. Its loan products include commercial and industrial loans, as well as loans secured by crop production and livestock; owner occupied and investor commercial real estate, real estate construction and other land, agricultural real estate, and other real estate loans; and equity loans and lines of credit, and installment and other consumer loans.
