CVB FinancialCVBF
CVBF
About: CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services. It provides a full complement of lending products, including commercial, agribusiness, consumer, SBA, real estate, and construction loans, as well as equipment and vehicle leasing. Commercial products include lines of credit and other working capital financing, accounts receivable lending and letters of credit.
Employees: 1,107
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
43% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 23
4% more funds holding
Funds holding: 221 [Q2] → 230 (+9) [Q3]
1% less capital invested
Capital invested by funds: $1.81B [Q2] → $1.79B (-$26.9M) [Q3]
3.62% less ownership
Funds ownership: 75.08% [Q2] → 71.46% (-3.62%) [Q3]
17% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 84
94% less call options, than puts
Call options by funds: $14K | Put options by funds: $226K
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$20
4%
downside
Avg. target
$23
12%
upside
High target
$27
30%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Keefe, Bruyette & Woods Kelly Motta 53% 1-year accuracy 10 / 19 met price target | 30%upside $27 | Outperform Maintained | 4 Dec 2024 |
Piper Sandler Matthew Clark 78% 1-year accuracy 14 / 18 met price target | 11%upside $23 | Overweight Maintained | 1 Nov 2024 |
Wedbush David Chiaverini 81% 1-year accuracy 39 / 48 met price target | 4%downside $20 | Neutral Reiterated | 24 Oct 2024 |
Financial journalist opinion
Negative
Zacks Investment Research
2 weeks ago
Bears are Losing Control Over CVB Financial (CVBF), Here's Why It's a 'Buy' Now
CVB Financial (CVBF) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Neutral
GlobeNewsWire
1 month ago
CVB Financial Corp. Announces 141st Consecutive Quarterly Cash Dividend
Ontario, CA, Dec. 16, 2024 (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 2024. This dividend was approved at the Company's regularly scheduled Board of Directors meeting held on December 16, 2024. The quarterly dividend will be payable on or about January 15, 2025 to shareholders of record as of December 31, 2024.
Positive
Zacks Investment Research
1 month ago
CVB Financial Rewards Shareholders With New Share Repurchase Plan
CVBF announces a new share repurchase program of 10 million. Given its decent liquidity profile, this looks sustainable.
Neutral
GlobeNewsWire
2 months ago
CVB Financial Corp. Announces Authorization of 10 Million Share Repurchase Plan
Ontario, CA, Nov. 21, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) announced that, at its regular meeting on November 20, 2024, the Board of Directors of CVB Financial Corp. (the “Company”), the holding company for Citizens Business Bank, authorized the Company to repurchase up to 10,000,000 shares of the Company's common stock (the “2024 Repurchase Program”), including by means of one or more Rule 10b5-1 plans or other appropriate buy-back arrangements, including open market purchases and private transactions.
Neutral
Business Wire
2 months ago
Genesis for Good Foundation Awarded a Grant to Empower Small Businesses and Historically Marginalized Entrepreneurs
ORANGE COUNTY, Calif.--(BUSINESS WIRE)-- #AheadGrant--Genesis Bank (“Genesis” or the “Bank”), announced today that the Genesis for Good Foundation (“GFG”) will receive a $100,000 grant in support of its Catalyst Empowerment Grant Program, awarded by the Federal Home Loan Bank of San Francisco (“FHLBank San Francisco”) AHEAD Program in partnership with CVB Financial Corp., which is the holding company for Citizens Business Bank. Working in concert with Genesis Bank and the Genesis Bank Institute for Entrepren.
Positive
Zacks Investment Research
2 months ago
CVB Financial (CVBF) Reports Q3 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for CVB Financial (CVBF) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 months ago
CVB Financial (CVBF) Tops Q3 Earnings Estimates
CVB Financial (CVBF) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.42 per share a year ago.
Neutral
GlobeNewsWire
2 months ago
CVB Financial Corp. Reports Earnings for the Third Quarter 2024
Third Quarter 2024 Net Earnings of $51 million, or $0.37 per share Return on Average Assets of 1.23% Return on Average Tangible Common Equity of 14.93% Net Interest Margin of 3.05% Ontario, CA, Oct. 23, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended September 30, 2024. CVB Financial Corp. reported net income of $51.2 million for the quarter ended September 30, 2024, compared with $50.0 million for the second quarter of 2024 and $57.9 million for the third quarter of 2023.
Neutral
Zacks Investment Research
2 months ago
CVB Financial (CVBF) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Evaluate the expected performance of CVB Financial (CVBF) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Negative
Zacks Investment Research
3 months ago
Earnings Preview: CVB Financial (CVBF) Q3 Earnings Expected to Decline
CVB Financial (CVBF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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