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Central Valley Community Bancorp: Q2 Earnings Snapshot
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Central Valley Community Bancorp: Q2 Earnings Snapshot
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Central Valley Community Bancorp: Q1 Earnings Snapshot
April 22, 2021
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The bank, based in Fresno, California, said it had earnings of 60 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.
The holding company for Central Valley Community Bank posted revenue of $19.8 million in the period. Its revenue net of interest expense was $19.6 million, falling short of Street forecasts. Three analysts surveyed by Zacks expected $19.7 million.
Central Valley Community Bancorp shares have increased 32% since the beginning of the year. The stock has climbed 59% in the last 12 months.
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President & CEO of Central Valley Community Bank Announces Retirement
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), a bank holding company headquartered in Fresno, California, and the parent company of Central Valley Community Bank (Bank), joined James M. Ford, President & CEO, to announce his intention to retire in early spring 2022. Ford will continue in his current role and duties until a successor is named.
James M. Ford, President & CEO, Central Valley Community Bank and Bancorp (Photo: Business Wire)
“Serving as Central Valley Community Bank’s third leader in our 41-year history has been a tremendous experience that I have valued each day since I began in 2014,” stated James M. Ford, President & CEO of Central Valley Community Bank and Bancorp. “I am honored to have shared the oversight of the Bank’s growth with a talented group of executives and teammates. They are a special group of b
FRESNO, Calif. (KFSN) ABC30 is celebrating Black History Month by honoring local trailblazers in the Central Valley.
As Dorothy Thomas rose in her banking career, she lifted others. Specializing in small business loans, this trailblazer is responsible for more than $600 million in Small Business Administration funded projects and 8,000 jobs created or retained in the Central Valley.
Dorothy Thomas
Over the past 30 years, Thomas provided access to capital to many who struggled to get business loans approved. Her empathy and wisdom made a difference as she walked clients through the process.
Thomas was born and raised in Flint, Michigan and moved to Fresno in 1982. Her impact can be seen through the businesses that have flourished in the valley. She once helped an Indian American worker who dreamed of owning his own Subway franchise. With her support and guidance, he now owns 14.
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