CVB Financial Corp. (CVBF)
Market Cap | 2.40B |
Revenue (ttm) | 534.46M |
Net Income (ttm) | 210.76M |
Shares Out | 139.64M |
EPS (ttm) | 1.52 |
PE Ratio | 11.29 |
Forward PE | 11.63 |
Dividend | $0.80 (4.66%) |
Ex-Dividend Date | Jul 11, 2024 |
Volume | 373,041 |
Open | 17.01 |
Previous Close | 17.06 |
Day's Range | 16.93 - 17.22 |
52-Week Range | 12.89 - 21.77 |
Beta | 0.46 |
Analysts | Hold |
Price Target | 19.00 (+10.72%) |
Earnings Date | Jul 24, 2024 |
About CVBF
CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of cre... [Read more]
Financial Performance
In 2023, CVB Financial's revenue was $545.32 million, an increase of 0.08% compared to the previous year's $544.90 million. Earnings were $221.44 million, a decrease of -5.94%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for CVBF stock is "Hold." The 12-month stock price forecast is $19.0, which is an increase of 10.72% from the latest price.
News
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CVB Financial Corp. Announces 139th Consecutive Quarterly Cash Dividend
ONTARIO, CA, June 26, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2024. Th...
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CVB Financial Corp. Reports Earnings for the First Quarter 2024
First Quarter 2024 Net Earnings of $48.6 million, or $0.35 per share Return on Average Assets of 1.21% Return on Average Tangible Common Equity of 15.13% Net Interest Margin of 3.10% ONTARIO, CA, Apri...
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CVB Financial Corp. Announces 138th Consecutive Quarterly Cash Dividend
ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024. Th...
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CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2023
Fourth Quarter 2023 Net Earnings of $48.5 million, or $0.35 per share FDIC Special Assessment of $9.2 million ($0.04 decrease in EPS) Full Year 2023 Net Earnings of $221.4 million, or $1.59 per share ...
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CVB Financial Corp. Announces 137th Consecutive Quarterly Cash Dividend
ONTARIO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2023. T...
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CVB Financial Corp. Reports Earnings for the Third Quarter 2023
ONTARIO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended September 30, ...
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CVB Financial Corp. Announces 136th Consecutive Cash Dividend
ONTARIO, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the third quarter of 2023...
![](https://cdn.snapi.dev/images/v1/b/x/im-807196size1777777777777778width800-2012495.jpg)
10 regional banks expected to buck a weak industry trend
Bank stocks took a pounding on Tuesday, after Moody's downgraded its credit ratings for several smaller regional banks and put six larger players on review for possible downgrades. Below is a screen o...
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CVB Financial Corp. Reports Earnings for the Second Quarter 2023
ONTARIO, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended June 30, 2023.
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CVB Financial Corp. Announces 135th Consecutive Cash Dividend
ONTARIO, Calif., June 21, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 202...
![](https://cdn.snapi.dev/images/v1/i/m/im-779387size1777777777777778width800-1882805.jpg)
These banks have high exposure to loans secured by office properties — here's how their stocks have performed
Investors are right to be worried about declining values for office buildings. We appear to be at the start of a long transition for many cities, after the COVID-19 pandemic made clear that for many t...
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CVB Financial Corp. Reports Earnings for the First Quarter 2023
First Quarter 2023 Highlights Net Earnings of $59.3 million, or $0.42 per share Return on Average Tangible Common Equity of 20.59% Return on Average Assets of 1.47% Noninterest-bearing deposits 63.92%...
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CVB Financial Corp. (holding company for Citizens Business Bank) Ranked the Third Best-Performing U.S. Public Bank by S&P Global Market Intelligence
ONTARIO, Calif., March 29, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF), the holding company for Citizens Business Bank, was ranked by S&P Global Market Intelligence as the third best-p...
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CVB Financial Corp. Announces 134th Consecutive Cash Dividend
ONTARIO, Calif., March 22, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2023...
![](https://cdn.snapi.dev/images/v1/f/3/bank31-1797054.jpg)
CEOs Snap Up Small-Cap Bank Stocks Following Bloodbath
Shaken by the sudden collapse last week of Silicon Valley Bank, or SVB Financial ( SIVB , Financial), investors continued to sell off bank stocks on Monday. While smaller banks and those exposed to ri...
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Top 5 Financial Stocks That Are Preparing To Pump In March - CVB Financial (NASDAQ:CVBF), Independent Bank Gr (NASDAQ:IBTX)
The most oversold stocks in the financial sector presents an opportunity to buy into undervalued companies.
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Citizens Business Bank Again Ranked Best Bank in America by Forbes
ONTARIO, Calif., Feb. 16, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF), the holding company for Citizens Business Bank (the “Bank”), has earned the ranking of “Best Bank in America” for...
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CVB Financial Corp. Reports Record Earnings for the Fourth Quarter and the Year Ended 2022
Fourth Quarter 2022 Highlights
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CVB Financial Corp. Announces 133rd Consecutive Cash Dividend
ONTARIO, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2022...
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CVB Financial Corp. Director Passes Away
ONTARIO, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- It is with great sadness that the Boards of Directors of CVB Financial Corp. (NASDAQ: CVBF) and Citizens Business Bank (CBB) announced the passing of...
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CVB Financial Corp. Reports Record Earnings for the Third Quarter 2022
Third Quarter Highlights:
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CVB Financial Corp. Announces Increase in Quarterly Cash Dividend
ONTARIO, Calif., Sept. 21, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the third quarter of 2022...
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CVB Financial Corp. Reports Strong Earnings for the Second Quarter 2022
ONTARIO, Calif., July 20, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended June 30, 2022.
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CVB Financial Corp. Announces New Board Member
ONTARIO, Calif., June 15, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (“CVBF”), the holding company for Citizens Business Bank (“CBB”), is pleased to announce the appointment of Kimberly Sheehy as a ...