NasdaqCM:CVCY

Stock Analysis Report

Central Valley Community Bancorp

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.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.


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


Market Performance


7 Day Return

-0.7%

NasdaqCM:CVCY

0.3%

US Banks

0.9%

US Market


1 Year Return

-6.5%

NasdaqCM:CVCY

-13.6%

US Banks

0.3%

US Market

CVCY outperformed the Banks industry which returned -14.2% over the past year.

CVCY underperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

CVCYIndustryMarket
7 Day-0.7%0.3%0.9%
30 Day-1.0%-5.1%-1.9%
90 Day-0.7%-3.5%1.6%
1 Year-4.6%-6.5%-11.2%-13.6%2.6%0.3%
3 Year45.3%38.7%43.6%33.7%41.0%31.8%
5 Year91.6%75.7%53.7%37.0%55.2%38.0%

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 based on future cash flows and its price relative to the stock market?

16%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Central Valley Community Bancorp's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Central Valley Community Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Central Valley Community Bancorp is overvalued based on earnings compared to the US Banks industry average.

Central Valley Community Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Central Valley Community Bancorp earnings are not expected to grow next year, we can't assess if its growth is good value.


Price Based on Value of Assets

Central Valley Community Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

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

-3.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Central Valley Community Bancorp's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Central Valley Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Central Valley Community Bancorp's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Central Valley Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Central Valley Community Bancorp's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Central Valley Community Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

21.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Central Valley Community Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Central Valley Community Bancorp's 1-year earnings growth exceeds its 5-year average (48.1% vs 21.6%)

Central Valley Community Bancorp's earnings growth has exceeded the US Banks industry average in the past year (48.1% vs 33.2%).


Return on Equity

Central Valley Community Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Central Valley Community Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Central Valley Community Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

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

Information is not available.

Information is not available.


Financial Institutions Analysis

Central Valley Community Bancorp has an acceptable proportion of non-loan assets held.

Central Valley Community Bancorp has a sufficient allowance for bad loans.

Central Valley Community Bancorp's liabilities are made up of primarily low risk sources of funding.

Central Valley Community Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Central Valley Community Bancorp are broadly funded by customer deposits.

Central Valley Community Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

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

2.23%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Central Valley Community Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Central Valley Community Bancorp's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (4.3x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Central Valley Community Bancorp's salary, the management and board of directors tenure and is there insider trading?

4.4yrs

Average management tenure


CEO

Jim Ford (61yo)

4.5yrs

Tenure

US$658,514

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

Jim's remuneration is lower than average for companies of similar size in United States of America.

Jim's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.4yrs

Average Tenure

61yo

Average Age

The tenure for the Central Valley Community Bancorp management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

69.5yo

Average Age

The tenure for the Central Valley Community Bancorp board of directors is about average.


Insider Trading

More shares have been bought than sold by Central Valley Community Bancorp individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$3,51906 Jun 19
James Kim
EntityIndividual
Shares200
Max PriceUS$17.60
BuyUS$4,92703 Jun 19
David Kinross
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares280
Max PriceUS$17.60
BuyUS$18,24102 Mar 19
James Kim
EntityIndividual
Shares1,041
Max PriceUS$17.52
BuyUS$11,07502 Mar 19
David Kinross
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares632
Max PriceUS$17.52
BuyUS$7,67404 Dec 18
James Kim
EntityIndividual
Shares419
Max PriceUS$18.32
BuyUS$9,57927 Nov 18
James Ford
EntityIndividual
Role
Chief Executive Officer
President
Shares486
Max PriceUS$19.71
BuyUS$27321 Nov 18
James Ford
EntityIndividual
Role
Chief Executive Officer
President
Shares14
Max PriceUS$19.50
BuyUS$1,77004 Sep 18
David Kinross
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares91
Max PriceUS$19.45
BuyUS$7,66304 Sep 18
James Kim
EntityIndividual
Shares394
Max PriceUS$19.45

Ownership Breakdown


Management Team

  • Steven McDonald (69yo)

    Secretary & Director

    • Tenure: 19.6yrs
    • Compensation: US$63.89k
  • Patrick Carman (69yo)

    Executive VP & Chief Credit Officer

    • Tenure: 4.3yrs
    • Compensation: US$358.92k
  • Dave Kinross (55yo)

    Executive VP & CFO

    • Tenure: 13.3yrs
    • Compensation: US$383.65k
  • Jim Ford (61yo)

    President

    • Tenure: 4.5yrs
    • Compensation: US$658.51k
  • Le-Ann Ruiz

    Assistant Corporate Secretary

    • Tenure: 0.0yrs
  • Blaine Lauhon (56yo)

    • Tenure: 1.5yrs

Board Members

  • Gary Gall (68yo)

    Director

    • Tenure: 2.8yrs
    • Compensation: US$54.80k
  • Dan Cunningham (82yo)

    Vice Chairman & Lead Independent Director

    • Tenure: 0.3yrs
    • Compensation: US$86.69k
  • Dan Doyle (72yo)

    Chairman of the Board

    • Tenure: 4.5yrs
    • Compensation: US$70.01k
  • Steven McDonald (69yo)

    Secretary & Director

    • Tenure: 19.6yrs
    • Compensation: US$63.89k
  • Bill Smittcamp (66yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$58.15k
  • Louis McMurray (72yo)

    Director

    • Tenure: 19.6yrs
    • Compensation: US$68.54k
  • Ed Darden (74yo)

    Director

    • Tenure: 18.6yrs
    • Compensation: US$56.93k
  • Jim Ford (61yo)

    President

    • Tenure: 4.5yrs
    • Compensation: US$658.51k
  • Tommy Elliott (42yo)

    Director

    • Tenure: 6.1yrs
    • Compensation: US$54.80k
  • Karen Musson (70yo)

    Director

    • Tenure: 1.7yrs
    • Compensation: US$54.80k

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$271.775m
  • Shares outstanding: 13.45m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CVCYNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJul 1995

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 Analysis2019/08/19 23:35
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.