Reports Q1 revenue $22.9M, consensus $22.0M, "Historically, it has been during times of economic uncertainty and volatility that Central Valley Community Bank’s model of partnering with our clients shines brightest and our overall performance stands out," said James J. Kim, President and CEO. "Our partnership model has enabled us to navigate the uncertainty of the first quarter without losing clients, due also in part to how the Company reflects the diversity of our marketplace by serving businesses and consumers across industries and socioeconomic demographics. As the dust settles following this turbulent quarter for the financial sector in the post-pandemic economy, one truth is abundantly clear: the value of community banks is more evident today than ever for building strong businesses and communities. Likewise, CVCB’s momentum and commitment to our team, clients, communities and shareholders is stronger than ever, which is reflected in our first quarter performance."
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on CVCY:
