CVB Financial Corp. (CVBF)

NASDAQ: CVBF · Real-Time Price · USD
22.57
+0.08 (0.36%)
At close: Nov 20, 2024, 4:00 PM
22.18
-0.39 (-1.73%)
After-hours: Nov 20, 2024, 7:09 PM EST
0.36%
Market Cap 3.15B
Revenue (ttm) 518.20M
Net Income (ttm) 196.95M
Shares Out 139.68M
EPS (ttm) 1.42
PE Ratio 15.89
Forward PE 16.39
Dividend $0.80 (3.55%)
Ex-Dividend Date Sep 30, 2024
Volume 591,986
Open 22.32
Previous Close 22.49
Day's Range 22.19 - 22.58
52-Week Range 15.71 - 23.43
Beta 0.44
Analysts Hold
Price Target 20.80 (-7.84%)
Earnings Date Oct 23, 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]

Sector Financials
Founded 1974
Employees 1,107
Stock Exchange NASDAQ
Ticker Symbol CVBF
Full Company Profile

Financial Performance

In 2023, CVB Financial's revenue was $544.39 million, an increase of 0.57% compared to the previous year's $541.30 million. Earnings were $219.89 million, a decrease of -6.00%.

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CVBF stock is "Hold." The 12-month stock price forecast is $20.8, which is a decrease of -7.84% from the latest price.

Price Target
$20.8
(-7.84% downside)
Analyst Consensus: Hold
Stock Forecasts

News

Genesis for Good Foundation Awarded a Grant to Empower Small Businesses and Historically Marginalized Entrepreneurs

ORANGE COUNTY, Calif.--(BUSINESS WIRE)-- #AheadGrant--Genesis Bank (“Genesis” or the “Bank”), announced today that the Genesis for Good Foundation (“GFG”) will receive a $100,000 grant in support of i...

Other symbols: FI
8 days ago - Business Wire

CVB Financial Corp. Reports Earnings for the Third Quarter 2024

Third Quarter 2024 Net Earnings of $51 million, or $0.37 per share Return on Average Assets of 1.23% Return on Average Tangible Common Equity of 14.93% Net Interest Margin of 3.05% Ontario, CA, Oct. 2...

4 weeks ago - GlobeNewsWire

CVB Financial Corp (CVBF) Shares Up 4.37% on Oct 2

Shares of CVB Financial Corp (CVBF, Financial) surged 4.37% in mid-day trading on Oct 2. The stock reached an intraday high of $18.22, before settling at $18.15, up from its previous close of $17.39.

7 weeks ago - GuruFocus

This Salesforce Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Other symbols: CRMHDMTBPARR
7 weeks ago - Benzinga

CVB Financial Corp. Announces 140th Consecutive Quarterly Cash Dividend

ONTARIO, CA, Sept. 16, 2024 (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 2024. Th...

2 months ago - GlobeNewsWire

CVB Financial Corp. (CVBF) Q2 2024 Earnings Call Transcript

CVB Financial Corp. (NASDAQ:CVBF) Q2 2024 Earnings Conference Call July 25, 2024 10:30 AM ET Company Participants David A. Brager - President and Chief Executive Officer Allen Nicholson - Executive V...

4 months ago - Seeking Alpha

CVB Financial Corp. Reports Earnings for the Second Quarter 2024

Second Quarter 2024 Net Earnings of $50 million, or $0.36 per share Return on Average Assets of 1.24% Return on Average Tangible Common Equity of 15.51% Net Interest Margin of 3.05% ONTARIO, CA, July ...

4 months ago - GlobeNewsWire

These small stocks with big dividends can grow even after the small-cap rally fades

You should think twice before shifting your stock portfolio toward smaller-cap names. Small-cap stocks' spectacular rally over the past week does not mean market leadership is shifting from the large ...

Other symbols: AVACHMG
4 months ago - Market Watch

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...

5 months ago - GlobeNewsWire

CVB Financial: Attractively Valued, But Earnings Likely To Dip

The upcoming falling interest-rate environment will likely squeeze the margin. I'm expecting earnings to fall by 12% to $1.39 per share. The year-end target price suggests an upside of around 12.7%.

5 months ago - Seeking Alpha

CVB Financial Corp. (CVBF) Q1 2024 Earnings Call Transcript

CVB Financial Corp. (CVBF) Q1 2024 Earnings Call Transcript

7 months ago - Seeking Alpha

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...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

CVB Financial: Navigating Through A Tough CRE Backdrop

CVB Financial Corp. has seen a 25% decline in its shares since December 2023 due to concerns about the regional bank sector. Despite this, CVB Financial had its second most profitable year in 2023 and...

8 months ago - Seeking Alpha

CVB Financial Corp. (CVBF) Q4 2023 Earnings Call Transcript

CVB Financial Corp. (CVBF) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

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 ...

10 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

CVB Financial Corporation (CVBF) Q3 2023 Earnings Call Transcript

CVB Financial Corporation (CVBF) Q3 2023 Earnings Call Transcript

1 year ago - Seeking Alpha

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, ...

1 year ago - GlobeNewsWire

CVB Financial: Cost Leader Navigating Choppy Waters

CVB Financial is a holding company of Citizens Business Bank, a top-performing community bank in California with over $16 billion in assets. The bank has one of the lowest funding costs in the industr...

1 year ago - Seeking Alpha

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Market Watch

CVB Financial Corp. (CVBF) Q2 2023 Earnings Call Transcript

CVB Financial Corp. (NASDAQ:CVBF) Q2 2023 Earnings Call Transcript July 27, 2023 10:30 AM ET Company Participants Christina Carrabino - Investor Relations Dave Brager - President and Chief Executive ...

1 year ago - Seeking Alpha

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.

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire