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Central Valley Community Bancorp: 4Q Earnings Snapshot

FRESNO, Calif. (AP) _ Central Valley Community Bancorp (CVCY) on Wednesday reported net income of $5.3 million in its fourth quarter.

The Fresno, California-based bank said it had earnings of 38 cents per share.

The holding company for Central Valley Community Bank posted revenue of $18.8 million in the period. Its revenue net of interest expense was $18.4 million, surpassing Street forecasts.

For the year, the company reported profit of $21.3 million, or $1.54 per share. Revenue was reported as $73 million.

Central Valley Community Bancorp shares have climbed almost 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $20.18, a drop of 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVCY at https://www.zacks.com/ap/CVCY