Central Valley Community Bancorp
Market Cap
US$253.9m
Last Updated
2021/04/18 23:25 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
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 3.8% per year for the next 3 years
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
70.2%
US Banks
53.9%
US Market
Return vs Industry: CVCY underperformed the US Banks industry which returned 70.2% over the past year.
Return vs Market: CVCY exceeded the US Market which returned 53.9% over the past year.
Shareholder returns
| CVCY | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 0.03% | 1.3% |
| 30 Day | 7.3% | -0.6% | 5.3% |
| 90 Day | 25.1% | 16.6% | 8.9% |
| 1 Year | 61.4%56.7% | 75.9%70.2% | 56.6%53.9% |
| 3 Year | 3.4%-3.4% | 26.0%15.0% | 64.4%53.6% |
| 5 Year | 92.6%75.0% | 97.1%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
2 weeks ago | Simply Wall St
Central Valley Community Bancorp (NASDAQ:CVCY) Is An Attractive Dividend Stock - Here's Why1 month ago | Simply Wall St
How Many Central Valley Community Bancorp (NASDAQ:CVCY) Shares Did Insiders Buy, In The Last Year?2 months ago | Simply Wall St
Should You Buy Central Valley Community Bancorp (NASDAQ:CVCY) For Its Upcoming Dividend?Valuation
Is Central Valley Community Bancorp undervalued compared to its fair value and its price relative to the market?
24.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVCY ($20.26) is trading below our estimate of fair value ($26.79)
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 (3.5%).
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/18 23:25 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.