Q1 Earnings Estimate for CVB Financial Issued By DA Davidson

CVB Financial Corp. (NASDAQ:CVBF) – DA Davidson issued their Q1 2025 EPS estimates for shares of CVB Financial in a report released on Monday, January 27th. DA Davidson analyst G. Tenner forecasts that the financial services provider will earn $0.34 per share for the quarter. The consensus estimate for CVB Financial’s current full-year earnings is $1.40 per share. DA Davidson also issued estimates for CVB Financial’s FY2025 earnings at $1.60 EPS.

A number of other equities analysts have also recently commented on CVBF. Keefe, Bruyette & Woods lifted their price objective on shares of CVB Financial from $23.00 to $27.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Stephens dropped their price target on CVB Financial from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Monday. Wedbush restated a “neutral” rating and set a $20.00 price objective on shares of CVB Financial in a research report on Thursday, October 24th. Finally, Piper Sandler dropped their target price on CVB Financial from $25.00 to $23.00 and set an “overweight” rating for the company in a report on Friday, November 1st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, CVB Financial presently has a consensus rating of “Hold” and an average price target of $22.20.

CVB Financial Stock Performance

Shares of CVBF opened at $21.02 on Tuesday. The stock has a market capitalization of $2.94 billion, a PE ratio of 14.60 and a beta of 0.50. The company’s fifty day moving average is $21.99 and its 200 day moving average is $19.80. CVB Financial has a fifty-two week low of $15.71 and a fifty-two week high of $24.58.

CVB Financial (NASDAQ:CVBF) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.02. CVB Financial had a return on equity of 9.41% and a net margin of 29.32%.

CVB Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 annualized dividend and a dividend yield of 3.81%. CVB Financial’s dividend payout ratio (DPR) is presently 55.56%.

Institutional Investors Weigh In On CVB Financial

Hedge funds and other institutional investors have recently modified their holdings of the business. Renaissance Technologies LLC increased its stake in CVB Financial by 143.4% in the second quarter. Renaissance Technologies LLC now owns 111,694 shares of the financial services provider’s stock worth $1,926,000 after purchasing an additional 65,800 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in CVB Financial by 5.4% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,538 shares of the financial services provider’s stock worth $250,000 after buying an additional 748 shares during the period. Bank of Montreal Can lifted its holdings in CVB Financial by 237.9% during the 2nd quarter. Bank of Montreal Can now owns 70,072 shares of the financial services provider’s stock valued at $1,208,000 after buying an additional 49,333 shares in the last quarter. Marshall Wace LLP bought a new stake in CVB Financial during the 2nd quarter valued at about $856,000. Finally, AQR Capital Management LLC boosted its position in CVB Financial by 132.1% in the 2nd quarter. AQR Capital Management LLC now owns 24,196 shares of the financial services provider’s stock valued at $417,000 after buying an additional 13,771 shares during the period. 74.18% of the stock is currently owned by hedge funds and other institutional investors.

CVB Financial Company Profile

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.