CVB Financial Corporation (CVBF)

NASDAQ: CVBF · IEX Real-Time Price · USD
24.19
0.09 (0.37%)
May 18, 2022 12:46 PM EDT - Market open
Market Cap3.41B
Revenue (ttm)472.39M
Net Income (ttm)194.19M
Shares Out141.06M
EPS (ttm)1.40
PE Ratio17.32
Forward PE15.95
Dividend$0.72 (2.98%)
Ex-Dividend DateApr 5, 2022
Volume270,052
Open24.03
Previous Close24.10
Day's Range23.89 - 24.25
52-Week Range18.72 - 24.37
Beta0.38
AnalystsBuy
Price Target27.54 (+13.8%)
Earnings DateApr 20, 2022

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...

IndustryBanks
Founded1974
Employees1,015
Stock ExchangeNASDAQ
Ticker SymbolCVBF
Full Company Profile

Financial Performance

In 2021, CVB Financial's revenue was $487.44 million, an increase of 10.17% compared to the previous year's $442.42 million. Earnings were $212.52 million, an increase of 19.96%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for CVBF stock is "Buy." The 12-month stock price forecast is 27.54, which is an increase of 13.85% from the latest price.

Price Target
$27.54
(13.85% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CVB Financial (CVBF) Beats Q1 Earnings and Revenue Estimates

CVB Financial (CVBF) delivered earnings and revenue surprises of 3.33% and 2.59%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

CVB Financial Corp. Reports Earnings for the First Quarter 2022

ONTARIO, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2022.

3 weeks ago - GlobeNewsWire

Analysts Estimate CVB Financial (CVBF) to Report a Decline in Earnings: What to Look Out for

CVB Financial (CVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

CVB Financial Corp. Announces 130th Consecutive Cash Dividend

ONTARIO, Calif., March 23, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced an eighteen cent ($0.18) per share cash dividend with respect to the first quarter of 202...

1 month ago - GlobeNewsWire

CVB Financial Corp. Announces Board Retirements

ONTARIO, Calif., Feb. 24, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (“CVBF”), the holding company for Citizens Business Bank (“CBB”, and collectively with CVBF, the “Company”), announced that two of ...

2 months ago - GlobeNewsWire

Citizens Business Bank Maintains Record of Top-Level Forbes Ranking

ONTARIO, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF), the holding company for Citizens Business Bank (the “Bank”), announced today that the Bank again earned a top-level...

3 months ago - GlobeNewsWire

CVB Financial (CVBF) Rewards Investors With New Buyback Plan

CVB Financial (CVBF) announces a new share buyback program. This, along with regular dividend payments and inorganic expansion efforts, will continue to enhance shareholder value.

3 months ago - Zacks Investment Research

CVB Financial Corp. Announces Authorization of 10 Million Share Repurchase Plan, including $70 Million Accelerated Sh...

ONTARIO, Calif., Feb. 01, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) announced that the Board of Directors of CVB Financial Corp. (the “Company”), the holding company for Citizens Busine...

3 months ago - GlobeNewsWire

CVB Financial (CVBF) Q4 Earnings and Revenues Top Estimates

CVB Financial (CVBF) delivered earnings and revenue surprises of 6.06% and 0.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2021

ONTARIO, Calif., Jan. 26, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter and the year ended Dec...

3 months ago - GlobeNewsWire

Should You Buy CVB Financial (CVBF) Ahead of Earnings?

CVB Financial (CVBF) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

3 months ago - Zacks Investment Research

CVB Financial (CVBF) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

CVB Financial (CVBF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

CVB Financial Corp. Announce Completion of the Merger with Suncrest Bank

ONTARIO, Calif., Jan. 07, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (the “Company”) announced today that the planned merger between CVBF's wholly-owned banking subsidiary, Citizens Business Bank (“Ci...

4 months ago - GlobeNewsWire

CVB Financial Corp. Announces 129th Consecutive Cash Dividend

ONTARIO, Calif., Dec. 15, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced an eighteen cent ($0.18) per share cash dividend with respect to the fourth quarter of 202...

5 months ago - GlobeNewsWire

CVB Financial (CVBF)-Suncrest Merger Gets Regulatory Approvals

CVB Financial (CVBF) announces that the $204-million-merger deal between Suncrest Bank and Citizens Business Bank has received regulatory approvals.

5 months ago - Zacks Investment Research

Citizens Business Bank Receives Regulatory Approvals to Acquire Suncrest Bank

Closing of Transaction Anticipated to Take Place on or about January 7, 2022 Closing of Transaction Anticipated to Take Place on or about January 7, 2022

5 months ago - GlobeNewsWire

CVB Financial (CVBF) Beats Q3 Earnings Estimates

CVB Financial (CVBF) delivered earnings and revenue surprises of 2.78% and -4.79%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

CVB Financial Corp. Reports Earnings for the Third Quarter of 2021

ONTARIO, Calif., Oct. 20, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended September 30, 2021.

6 months ago - GlobeNewsWire

CVB Financial Earnings Preview

CVB Financial (NASDAQ:CVBF) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

6 months ago - Benzinga

CVB Financial (CVBF) Earnings Expected to Grow: Should You Buy?

CVB Financial (CVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

CVB Financial Corp. Announces Termination of its 10b5-1 Stock Repurchase Program

ONTARIO, Calif., Sept. 23, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced today that effective immediately it has terminated its 10b5-1 stock repurchase program in...

7 months ago - GlobeNewsWire

CVB Financial Corp. Announces 128th Consecutive Cash Dividend

ONTARIO, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced an eighteen cent ($0.18) per share cash dividend with respect to the third quarter of 202...

7 months ago - GlobeNewsWire

SUNCREST BANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequac...

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Suncrest Bank (OTC...

9 months ago - Business Wire

SHAREHOLDER ALERT: WeissLaw LLP Investigates Suncrest Bank

NEW YORK, July 28, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Suncrest Bank ("Suncrest" or the "Compa...

9 months ago - PRNewsWire

CVB Financial Corp. and Suncrest Bank Announce Agreement to Merge

Highlights of Announced Transaction

9 months ago - GlobeNewsWire