Investors focused on the Finance space have likely heard of Central Valley Community Bancorp , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of CVCY and the rest of the Finance group's stocks.

Central Valley Community Bancorp is one of 826 companies in the Finance group. The Finance group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CVCY is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for CVCY's full-year earnings has moved 0.68% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, CVCY has moved about 5.40% on a year-to-date basis. At the same time, Finance stocks have lost an average of 2.01%. This shows that Central Valley Community Bancorp is outperforming its peers so far this year.

Breaking things down more, CVCY is a member of the Banks - West industry, which includes 32 individual companies and currently sits at #66 in the Zacks Industry Rank. Stocks in this group have gained about 9.32% so far this year, so CVCY is slightly underperforming its industry this group in terms of year-to-date returns.

Going forward, investors interested in Finance stocks should continue to pay close attention to CVCY as it looks to continue its solid performance.