CVB Financial Corp. (CVBF)

NASDAQ: CVBF · IEX Real-Time Price · USD
19.01
+1.13 (6.32%)
Dec 1, 2023, 4:00 PM EST - Market closed
6.32%
Market Cap 2.65B
Revenue (ttm) 552.16M
Net Income (ttm) 239.10M
Shares Out 139.34M
EPS (ttm) 1.71
PE Ratio 11.12
Forward PE 11.70
Dividend $0.80 (4.21%)
Ex-Dividend Date Oct 3, 2023
Volume 1,008,797
Open 17.76
Previous Close 17.88
Day's Range 17.62 - 19.16
52-Week Range 10.66 - 28.67
Beta 0.46
Analysts Buy
Price Target 18.00 (-5.31%)
Earnings Date Jan 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]

Sector Financials
Founded 1974
Employees 1,072
Stock Exchange NASDAQ
Ticker Symbol CVBF
Full Company Profile

Financial Performance

In 2022, CVB Financial's revenue was $544.90 million, an increase of 11.79% compared to the previous year's $487.44 million. Earnings were $235.43 million, an increase of 10.78%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for CVBF stock is "Buy." The 12-month stock price forecast is $18.0, which is a decrease of -5.31% from the latest price.

Price Target
$18.0
(-5.31% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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, ...

5 weeks ago - GlobeNewsWire

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...

2 months 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...

4 months ago - Market Watch

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.

4 months 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...

5 months ago - GlobeNewsWire

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...

7 months ago - Market Watch

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%...

7 months ago - GlobeNewsWire

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...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

Other symbols: BACCFRCUBIMCBSIVB
9 months ago - GuruFocus

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.

Other symbols: IBTX
9 months ago - Benzinga

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...

10 months ago - GlobeNewsWire

CVB Financial Corp. Reports Record Earnings for the Fourth Quarter and the Year Ended 2022

Fourth Quarter 2022 Highlights

11 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

20 dividend stocks that may be safest if the Federal Reserves causes a recession

Investors cheered when a report last week showed the economy expanded in the third quarter after back-to-back contractions.

1 year ago - Market Watch

CVB Financial Corp. Reports Record Earnings for the Third Quarter 2022

Third Quarter Highlights:

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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.

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

Raymond V. O'Brien Announces Retirement as Chairman of CVB Financial Corp.; Hal W. Oswalt Appointed as Successor Chairman

ONTARIO, Calif., May 18, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) and its principal subsidiary, Citizens Business Bank (“CBB,” and together with CVBF, the “Company”), announced toda...

1 year ago - GlobeNewsWire

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, 202...

1 year ago - GlobeNewsWire

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 2...

1 year 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 o...

1 year 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-lev...

1 year ago - GlobeNewsWire