Latest Central Valley Community Bancorp (CVCY) Headlines
Cascade Bancorp (CACB) Surges: Why It Still Has Room to Run? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 7:49AM CDT
Cascade has been witnessing a significant price rise in the past month with a positive momentum in the earnings estimate front
First Republic's Organic Growth Strategy is on Track - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 10:20AM CST
On Mar 4, 2014, we issued an updated research report on First Republic Bank
Nasdaq stocks posting largest volume decreases
AP - Thu Feb 27, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Moody's Lowers First Republic's Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 26, 6:10PM CST
On Tuesday, Moody's Investors Service, the ratings arm of Moody's Corp. (MCO), downgraded its outlook on First Republic Bank (FRC) to 'Negative' from 'Stable.'
Central Valley Community Bancorp Declares Quarterly Cash Dividend
Marketwire - Thu Feb 20, 3:10PM CST
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), has declared a regular quarterly cash dividend of $0.05 per share on the Company's common stock. The dividend is payable on March 31, 2014 to shareholders of record as of March 14, 2014.
Why Central Valley Community (CVCY) Stock Might be a Great Pick - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 7:32AM CST
Central Valley Community is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Central Valley Community Bank Succession Plans Expand Leadership Team Establishing Separate CEO and President Positions
Marketwire - Mon Feb 03, 3:15PM CST
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), announced today that separate positions for Chief Executive Officer and President have been established at the Bank, and that veteran banker James M. Ford has been named President of the Bank effective February 1, 2014. Daniel J. Doyle will continue to serve as President and Chief Executive Officer of the Company and as Chief Executive Officer of the Bank. Doyle had previously notified the Board of the Company of his intention to retire from his position as Chief Executive Officer of the Bank at the conclusion of 2014. The Board elected to create the position of Bank President in connection with the Bank's ongoing succession planning process and to support the future growth of the Bank, which achieved over $1 billion in assets in 2013. Doyle will continue his involvement on the Board of Directors for the Company and the Bank in the capacity of Chairman of the Board, following his retirement as a Bank executive.
Wabash National(R) to Present at the 2014 Stifel Transportation and Logistics Conference and BB&T Capital Markets 29th Annual Transportation Services Conference
GlobeNewswire - Thu Jan 30, 3:10PM CST
Wabash National Corporation (NYSE:WNC), a diversified manufacturer and North America's leading producer of semi-trailers and liquid transportation systems, today announced Dick Giromini, President and Chief Executive Officer, and Jeff Taylor, Senior Vice President and Chief Financial Officer, will conduct a group session to discuss the company's business prospects with securities analysts and institutional investors at the following upcoming transportation conferences.
Central Valley Community Bancorp Reports Earnings Results for the Year and Quarter Ended December 31, 2013
Marketwire - Wed Jan 29, 3:15PM CST
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $8,250,000, and diluted earnings per common share of $0.77 for the year ended December 31, 2013, compared to $7,520,000 and $0.75 per diluted common share for the year ended December 31, 2012. Net income increased 9.71%, primarily driven by an increase in net interest income in 2013 compared to 2012, increases in non-interest income, and lower provision for credit losses offset by increases in non-interest expense. Non-performing assets decreased $1,919,000 or 19.79% to $7,776,000 at December 31, 2013, compared to $9,695,000 at December 31, 2012. During the year ended December 31, 2013, the Company's shareholders' equity increased $2,378,000, or 2.02%. The increase in shareholders' equity was driven by the issuance of stock as part of the Visalia Community Bank acquisition and a net increase in retained earnings, partially offset by decreases in accumulated other comprehensive income (AOCI) and preferred stock. The decrease in AOCI was primarily due to an increase in longer term interest rates, which resulted in a decrease in the market value of the Company's available-for-sale investment securities. The Company also declared and paid $2,048,000 in cash dividends to holders of common stock during 2013 ($0.20 per share). As of December 31, 2013, the Company redeemed all 7,000 outstanding shares of its Senior Non-Cumulative Perpetual Preferred Stock, Series C (Series C Preferred) from the U.S. Department of Treasury. Unaudited consolidated net income for the year was the highest in the Company's 33 years of operation.
Nasdaq stocks posting largest percentage decreases
AP - Thu Dec 26, 4:54PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
First Stone for Construction of Planageo Infrastructure Launched
All Africa Global Media - Fri Dec 20, 9:42AM CST
The foundation stone for the construction of the infrastructure of the National Plan of Geology (PLANAGEO ) was launched on Thursday, in Luanda, in Kilamba housing project, by the minister of Geology and Mining, Francisco Queiroz.
Central Valley Community Bancorp Reports Earnings Results for the Nine Months and Quarter Ended September 30, 2013
Marketwire - Wed Oct 16, 5:30PM CDT
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $6,039,000, and diluted earnings per common share of $0.57 for the nine months ended September 30, 2013, compared to $5,878,000 and $0.58 per diluted common share for the nine months ended September 30, 2012. Net income increased 2.74%, primarily driven by an increase in net interest income in 2013 compared to 2012, increases in non-interest income, and lower provision for credit losses offset by increases in non-interest expense. Non-performing assets decreased $1,549,000 or 15.98% to $8,146,000 at September 30, 2013, compared to $9,695,000 at December 31, 2012. The Company had $124,000 in OREO as of September 30, 2013 compared to none at December 31, 2012. During the nine months ended September 30, 2013, the Company's shareholders' equity increased $9,208,000, or 7.83%. The increase in shareholders' equity was driven by the issuance of stock as part of the Visalia Community Bank acquisition and a net increase in retained earnings, partially offset by a decrease in accumulated other comprehensive income (AOCI). The decrease in AOCI was primarily due to an increase in longer term interest rates, which resulted in a decrease in the market value of the Company's available-for-sale investment securities. The Company also declared and paid $1,502,000 in cash dividends to holders of common stock during the first nine months of 2013 ($0.15 per share).
Cascade Bancorp (CACB) Surges: Why It Still Has Room to Run? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Mar 11, 7:49AM CDT
Cascade has been witnessing a significant price rise in the past month with a positive momentum in the earnings estimate front
First Republic's Organic Growth Strategy is on Track - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 10:20AM CST
On Mar 4, 2014, we issued an updated research report on First Republic Bank
Nasdaq stocks posting largest volume decreases
AP - Thu Feb 27, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume decliners on Nasdaq at the close of trading:
Moody's Lowers First Republic's Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 26, 6:10PM CST
On Tuesday, Moody's Investors Service, the ratings arm of Moody's Corp. (MCO), downgraded its outlook on First Republic Bank (FRC) to 'Negative' from 'Stable.'
Central Valley Community Bancorp Declares Quarterly Cash Dividend
Marketwire - Thu Feb 20, 3:10PM CST
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), has declared a regular quarterly cash dividend of $0.05 per share on the Company's common stock. The dividend is payable on March 31, 2014 to shareholders of record as of March 14, 2014.
Why Central Valley Community (CVCY) Stock Might be a Great Pick - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Feb 14, 7:32AM CST
Central Valley Community is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
Central Valley Community Bank Succession Plans Expand Leadership Team Establishing Separate CEO and President Positions
Marketwire - Mon Feb 03, 3:15PM CST
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), announced today that separate positions for Chief Executive Officer and President have been established at the Bank, and that veteran banker James M. Ford has been named President of the Bank effective February 1, 2014. Daniel J. Doyle will continue to serve as President and Chief Executive Officer of the Company and as Chief Executive Officer of the Bank. Doyle had previously notified the Board of the Company of his intention to retire from his position as Chief Executive Officer of the Bank at the conclusion of 2014. The Board elected to create the position of Bank President in connection with the Bank's ongoing succession planning process and to support the future growth of the Bank, which achieved over $1 billion in assets in 2013. Doyle will continue his involvement on the Board of Directors for the Company and the Bank in the capacity of Chairman of the Board, following his retirement as a Bank executive.
Wabash National(R) to Present at the 2014 Stifel Transportation and Logistics Conference and BB&T Capital Markets 29th Annual Transportation Services Conference
GlobeNewswire - Thu Jan 30, 3:10PM CST
Wabash National Corporation (NYSE:WNC), a diversified manufacturer and North America's leading producer of semi-trailers and liquid transportation systems, today announced Dick Giromini, President and Chief Executive Officer, and Jeff Taylor, Senior Vice President and Chief Financial Officer, will conduct a group session to discuss the company's business prospects with securities analysts and institutional investors at the following upcoming transportation conferences.
Central Valley Community Bancorp Reports Earnings Results for the Year and Quarter Ended December 31, 2013
Marketwire - Wed Jan 29, 3:15PM CST
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $8,250,000, and diluted earnings per common share of $0.77 for the year ended December 31, 2013, compared to $7,520,000 and $0.75 per diluted common share for the year ended December 31, 2012. Net income increased 9.71%, primarily driven by an increase in net interest income in 2013 compared to 2012, increases in non-interest income, and lower provision for credit losses offset by increases in non-interest expense. Non-performing assets decreased $1,919,000 or 19.79% to $7,776,000 at December 31, 2013, compared to $9,695,000 at December 31, 2012. During the year ended December 31, 2013, the Company's shareholders' equity increased $2,378,000, or 2.02%. The increase in shareholders' equity was driven by the issuance of stock as part of the Visalia Community Bank acquisition and a net increase in retained earnings, partially offset by decreases in accumulated other comprehensive income (AOCI) and preferred stock. The decrease in AOCI was primarily due to an increase in longer term interest rates, which resulted in a decrease in the market value of the Company's available-for-sale investment securities. The Company also declared and paid $2,048,000 in cash dividends to holders of common stock during 2013 ($0.20 per share). As of December 31, 2013, the Company redeemed all 7,000 outstanding shares of its Senior Non-Cumulative Perpetual Preferred Stock, Series C (Series C Preferred) from the U.S. Department of Treasury. Unaudited consolidated net income for the year was the highest in the Company's 33 years of operation.
Nasdaq stocks posting largest percentage decreases
AP - Thu Dec 26, 4:54PM CST
NEW YORK (AP) — A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:
First Stone for Construction of Planageo Infrastructure Launched
All Africa Global Media - Fri Dec 20, 9:42AM CST
The foundation stone for the construction of the infrastructure of the National Plan of Geology (PLANAGEO ) was launched on Thursday, in Luanda, in Kilamba housing project, by the minister of Geology and Mining, Francisco Queiroz.
Central Valley Community Bancorp Reports Earnings Results for the Nine Months and Quarter Ended September 30, 2013
Marketwire - Wed Oct 16, 5:30PM CDT
The Board of Directors of Central Valley Community Bancorp (Company) (NASDAQ: CVCY), the parent company of Central Valley Community Bank (Bank), reported today unaudited consolidated net income of $6,039,000, and diluted earnings per common share of $0.57 for the nine months ended September 30, 2013, compared to $5,878,000 and $0.58 per diluted common share for the nine months ended September 30, 2012. Net income increased 2.74%, primarily driven by an increase in net interest income in 2013 compared to 2012, increases in non-interest income, and lower provision for credit losses offset by increases in non-interest expense. Non-performing assets decreased $1,549,000 or 15.98% to $8,146,000 at September 30, 2013, compared to $9,695,000 at December 31, 2012. The Company had $124,000 in OREO as of September 30, 2013 compared to none at December 31, 2012. During the nine months ended September 30, 2013, the Company's shareholders' equity increased $9,208,000, or 7.83%. The increase in shareholders' equity was driven by the issuance of stock as part of the Visalia Community Bank acquisition and a net increase in retained earnings, partially offset by a decrease in accumulated other comprehensive income (AOCI). The decrease in AOCI was primarily due to an increase in longer term interest rates, which resulted in a decrease in the market value of the Company's available-for-sale investment securities. The Company also declared and paid $1,502,000 in cash dividends to holders of common stock during the first nine months of 2013 ($0.15 per share).
