Q1 Earnings Forecast for CVB Financial Issued By DA Davidson

CVB Financial Corp. (NASDAQ:CVBF) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for CVB Financial in a report issued on Monday, January 27th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $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.

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

CVB Financial Price Performance

CVBF opened at $20.94 on Tuesday. The business has a 50 day moving average price of $21.96 and a two-hundred day moving average price of $19.82. The company has a market capitalization of $2.92 billion, a price-to-earnings ratio of 14.54 and a beta of 0.50. CVB Financial has a 1-year low of $15.71 and a 1-year high of $24.58.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in CVBF. Charles Schwab Investment Management Inc. grew its stake in shares of CVB Financial by 3.8% in 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 buying an additional 181,769 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of CVB Financial by 0.5% in the third quarter. Geode Capital Management LLC now owns 3,164,463 shares of the financial services provider’s stock worth $56,401,000 after buying an additional 15,628 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of CVB Financial during the 3rd quarter valued at about $8,653,000. JPMorgan Chase & Co. boosted its position in CVB Financial by 25.6% during the third quarter. JPMorgan Chase & Co. now owns 363,494 shares of the financial services provider’s stock worth $6,477,000 after purchasing an additional 74,004 shares during the period. Finally, Barclays PLC lifted 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 buying an additional 128,869 shares during the last quarter. Institutional investors and hedge funds own 74.18% of the company’s stock.

CVB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend was Tuesday, December 31st. CVB Financial’s dividend payout ratio is currently 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.