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Central Valley Community Bancorp

Market Cap

US$253.9m

Last Updated

2021/04/16 23:17 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet and good value.


Similar Companies

Share Price & News

How has Central Valley Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CVCY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: CVCY's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

5.6%

CVCY

0.03%

US Banks

1.3%

US Market


1 Year Return

56.7%

CVCY

70.3%

US Banks

53.9%

US Market

Return vs Industry: CVCY underperformed the US Banks industry which returned 70.3% over the past year.

Return vs Market: CVCY exceeded the US Market which returned 53.9% over the past year.


Shareholder returns

CVCYIndustryMarket
7 Day5.6%0.03%1.3%
30 Day7.5%0.7%3.3%
90 Day25.1%16.6%8.9%
1 Year61.4%56.7%76.0%70.3%56.6%53.9%
3 Year3.4%-3.4%26.0%15.1%64.4%53.6%
5 Year92.6%75.0%97.2%72.0%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is Central Valley Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Central Valley Community Bancorp undervalued compared to its fair value and its price relative to the market?

25.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CVCY ($20.26) is trading below our estimate of fair value ($27.01)

Significantly Below Fair Value: CVCY is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CVCY is good value based on its PE Ratio (12.5x) compared to the US Banks industry average (13.3x).

PE vs Market: CVCY is good value based on its PE Ratio (12.5x) compared to the US market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: CVCY's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: CVCY's PB Ratio (1x) is in line with the US Banks industry average.


Future Growth

How is Central Valley Community Bancorp forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-3.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CVCY's earnings are forecast to decline over the next 3 years (-3.8% per year).

Earnings vs Market: CVCY's earnings are forecast to decline over the next 3 years (-3.8% per year).

High Growth Earnings: CVCY's earnings are forecast to decline over the next 3 years.

Revenue vs Market: CVCY's revenue (2.2% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: CVCY's revenue (2.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CVCY's Return on Equity is forecast to be low in 3 years time (6.9%).


Past Performance

How has Central Valley Community Bancorp performed over the past 5 years?

10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CVCY has high quality earnings.

Growing Profit Margin: CVCY's current net profit margins (27.6%) are lower than last year (28.2%).


Past Earnings Growth Analysis

Earnings Trend: CVCY's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: CVCY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CVCY had negative earnings growth (-5.2%) over the past year, making it difficult to compare to the Banks industry average (2.9%).


Return on Equity

High ROE: CVCY's Return on Equity (8.3%) is considered low.


Financial Health

How is Central Valley Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: CVCY's Assets to Equity ratio (8.2x) is low.

Allowance for Bad Loans: CVCY has a sufficient allowance for bad loans (394%).

Low Risk Liabilities: 98% of CVCY's liabilities are made up of primarily low risk sources of funding.

Loan Level: CVCY has an appropriate level of Loans to Assets ratio (54%).

Low Risk Deposits: CVCY's Loans to Deposits ratio (63%) is appropriate.

Level of Bad Loans: CVCY has an appropriate level of bad loans (0.3%).


Dividend

What is Central Valley Community Bancorp current dividend yield, its reliability and sustainability?

2.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CVCY's dividend (2.17%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: CVCY's dividend (2.17%) is low compared to the top 25% of dividend payers in the US market (3.46%).


Stability and Growth of Payments

Stable Dividend: CVCY has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CVCY's dividend payments have increased, but the company has only paid a dividend for 8 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.1%), CVCY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CVCY's dividends in 3 years are forecast to be well covered by earnings (29% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Jim Ford (62 yo)

6.17yrs

Tenure

US$631,467

Compensation

Mr. James M. Ford, also known as Jim, has been the Chief Executive Officer, President and Director of Central Valley Community Bancorp and Central Valley Community Bank since February 1, 2015. Mr. Ford se...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD631.47K) is below average for companies of similar size in the US market ($USD1.01M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: CVCY's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: CVCY's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: CVCY insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Central Valley Community Bancorp's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Central Valley Community Bancorp
  • Ticker: CVCY
  • Exchange: NasdaqCM
  • Founded: 1979
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$253.940m
  • Shares outstanding: 12.52m
  • Website: https://www.cvcb.com

Number of Employees


Location

  • Central Valley Community Bancorp
  • 7100 North Financial Drive
  • Suite 101
  • Fresno
  • California
  • 93720
  • United States

Listings


Biography

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 indiv...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 23:17
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.