Central Valley Community Bancorp: Q3 Earnings Snapshot

Associated Press Finance
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FRESNO, Calif. (AP) — FRESNO, Calif. (AP) — Central Valley Community Bancorp (CVCY) on Thursday reported third-quarter earnings of $6.4 million.

The Fresno, California-based bank said it had earnings of 54 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The holding company for Central Valley Community Bank posted revenue of $28 million in the period. Its revenue net of interest expense was $22.1 million, which also beat Street forecasts. Three analysts surveyed by Zacks expected $22 million.

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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

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