Q1 Earnings Forecast for CVB Financial Issued By DA Davidson

CVB Financial Corp. (NASDAQ:CVBF) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for CVB Financial in a research note issued on Monday, January 27th. DA Davidson analyst G. Tenner anticipates 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.

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

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

CVB Financial Stock Up 1.6 %

Shares of NASDAQ CVBF opened at $21.02 on Tuesday. The company has a 50 day moving average of $21.99 and a 200 day moving average of $19.80. CVB Financial has a twelve month low of $15.71 and a twelve month high of $24.58. The firm has a market cap of $2.94 billion, a P/E ratio of 14.60 and a beta of 0.50.

Institutional Trading of CVB Financial

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its position in shares of CVB Financial by 3.8% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 4,952,354 shares of the financial services provider’s stock valued at $88,251,000 after purchasing an additional 181,769 shares during the period. Geode Capital Management LLC raised its holdings in CVB Financial by 0.5% during the third quarter. Geode Capital Management LLC now owns 3,164,463 shares of the financial services provider’s stock valued at $56,401,000 after acquiring an additional 15,628 shares during the period. Wellington Management Group LLP bought a new stake in CVB Financial during the third quarter valued at about $8,653,000. JPMorgan Chase & Co. lifted its position in shares of CVB Financial by 25.6% in the third quarter. JPMorgan Chase & Co. now owns 363,494 shares of the financial services provider’s stock valued at $6,477,000 after acquiring an additional 74,004 shares in the last quarter. Finally, Barclays PLC boosted its stake in shares of CVB Financial by 79.5% in the third quarter. Barclays PLC now owns 291,011 shares of the financial services provider’s stock worth $5,186,000 after acquiring an additional 128,869 shares during the period. Hedge funds and other institutional investors own 74.18% of the company’s stock.

CVB Financial Announces Dividend

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

About CVB Financial

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.