CVB Financial Corp.

CVBF

US1266001056

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
16.48 ^USD	-0.18%		-0.90%	-18.38%

Apr. 25	Transcript : CVB Financial Corp., Q1 2024 Earnings Call, Apr 25, 2024
Apr. 24	Earnings Flash (CVBF) CVB FINANCIAL Reports Q1 EPS $0.35	MT

CVB Financial Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

October 25, 2023 at 04:45 pm EDT

CVB Financial Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 123.37 million compared to USD 133.34 million a year ago. Net income was USD 57.89 million compared to USD 64.64 million a year ago. Basic earnings per share from continuing operations was USD 0.42 compared to USD 0.46 a year ago. Diluted earnings per share from continuing operations was USD 0.42 compared to USD 0.46 a year ago.
For the nine months, net interest income was USD 368.63 million compared to USD 368.12 million a year ago. Net income was USD 172.93 million compared to USD 169.26 million a year ago. Basic earnings per share from continuing operations was USD 1.24 compared to USD 1.2 a year ago. Diluted earnings per share from continuing operations was USD 1.24 compared to USD 1.2 a year ago.

Latest news about CVB Financial Corp.

Transcript : CVB Financial Corp., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (CVBF) CVB FINANCIAL Reports Q1 EPS $0.35	Apr. 24	MT
CVB Financial Corp. Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
CORRECTION : Hovde Downgrades CVB Financial to Market Perform From Outperform, Price Target is $18	Apr. 22	MT
Hovde Initiates CVB Financial With Market Perform Rating, $18 Price Target	Apr. 22	MT
CVB Financial Maintains Quarterly Dividend at $0.20 a Share, Payable April 17 to Shareholders of Record on April 3	Mar. 20	MT
CVB Financial Corp. Announces Cash Dividend with Respect to the First Quarter of 2024, Payable on April 17, 2024	Mar. 20	CI
Keefe, Bruyette & Woods Cuts Price Target on CVB Financial to $20 From $22, Maintains Market Perform Rating	Jan. 26	MT
Transcript : CVB Financial Corp., Q4 2023 Earnings Call, Jan 25, 2024	Jan. 25
Sector Update: Financial Stocks Advance Pre-Bell Thursday	Jan. 25	MT
Wedbush Trims CVB Financial's PT to $21 From $22 After Mixed Q4 2023 Results, Maintains Neutral Rating	Jan. 25	MT
Tranche Update on CVB Financial Corp.'s Equity Buyback Plan announced on February 1, 2022.	Jan. 25	CI
CVB Financial Q4 Earnings, Revenue Fall	Jan. 24	MT
Earnings Flash (CVBF) CVB FINANCIAL Reports Q4 EPS $0.35	Jan. 24	MT
CVB Financial Corp. Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 24	CI
CVB Financial Corp. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 24	CI
CVB Financial Keeps Quarterly Dividend at $0.20 a Share, Payable Jan. 22 to Shareholders of Record on Jan. 5	Dec. 20	MT
CVB Financial Corp. Announces Cash Dividend for the Fourth Quarter of 2023, Payable on or About January 22, 2024	Dec. 20	CI
Stephens Initiates CVB Financial With Equalweight Rating, $21 Price Target	Dec. 08	MT
Cvb Financial Insider Bought Shares Worth $1,632,136, According to a Recent SEC Filing	Nov. 03	MT
Cvb Financial Insider Bought Shares Worth $3,358,589, According to a Recent SEC Filing	Nov. 02	MT
Transcript : CVB Financial Corp., Q3 2023 Earnings Call, Oct 26, 2023	23-10-26
Wedbush Trims CVB Financial's PT to $17 From $18 After In Line Quarter, Keeps Neutral Rating; Says Outlook Appropriately Reflected in Premium Valuation	23-10-26	MT
Tranche Update on CVB Financial Corp.'s Equity Buyback Plan announced on February 1, 2022.	23-10-26	CI
Earnings Flash (CVBF) CVB FINANCIAL Posts Q3 EPS $0.42	23-10-25	MT

Chart CVB Financial Corp.

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Company Profile

CVB Financial Corp. is a bank holding company for Citizens Business Bank (the Bank). The Bank offers personalized service combined with a range of banking and trust services for businesses, professionals and individuals located in the service areas of its centers. It offers a range of bank deposit instruments, including checking, savings, money market and time certificates of deposit for both business and personal accounts, municipalities and districts, and specialized deposit products for title and escrow. It provides lending products, including commercial, agribusiness, consumer, small business administration loans, real estate loans, construction loans and equipment and vehicle leasing. It offers a range of financial services and trust services through its CitizensTrust division, including fiduciary services, mutual funds, annuities, 401(k) plans and individual investment accounts. It also offers a range of specialized services designed for the needs of its commercial customers.

Sector

Banks

Calendar

2024-05-15 - Annual General Meeting

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Russell 2000

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Ratings for CVB Financial Corp.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

16.48 USD

Average target price

19.57 USD

Spread / Average Target

+18.76%

Consensus

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Quarterly earnings - Rate of surprise

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