CVB Financial Corp. (CVBF)
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]
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 StatementsAnalyst 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.
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, ...

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...

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...

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.

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...

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...

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%...

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...

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...

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...

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.

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...

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

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...

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...

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

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...

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.

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 ...

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...

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...

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...

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...

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...