CVB Financial Corporation (NASDAQ:CVBF – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the five research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $26.25.
A number of research analysts have weighed in on CVBF shares. Raymond James Financial raised shares of CVB Financial from a “market perform” rating to an “outperform” rating and set a $25.00 price objective on the stock in a research note on Wednesday, July 1st. Weiss Ratings downgraded CVB Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. DA Davidson raised their target price on CVB Financial from $22.50 to $25.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Wall Street Zen upgraded CVB Financial from a “sell” rating to a “hold” rating in a report on Saturday, August 15th. Finally, Stephens upgraded CVB Financial from an “equal weight” rating to an “overweight” rating and set a $27.00 price target for the company in a report on Thursday, August 6th.
Check Out Our Latest Analysis on CVB Financial
Insider Transactions at CVB Financial
In other news, Director Mike Maddox acquired 10,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was purchased at an average price of $22.03 per share, for a total transaction of $220,300.00. Following the purchase, the director owned 13,138 shares in the company, valued at approximately $289,430.14. This represents a 318.67% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO David Harvey sold 40,000 shares of CVB Financial stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $22.94, for a total transaction of $917,600.00. Following the transaction, the chief operating officer directly owned 98,149 shares in the company, valued at approximately $2,251,538.06. This represents a 28.95% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 6.40% of the company’s stock.
Institutional Trading of CVB Financial
A number of institutional investors and hedge funds have recently modified their holdings of CVBF. Jupiter Topco LLC bought a new position in CVB Financial during the second quarter valued at about $1,710,000. Louisiana State Employees Retirement System purchased a new position in CVB Financial in the first quarter valued at about $1,096,000. Legal & General Group Plc bought a new position in shares of CVB Financial during the 2nd quarter valued at approximately $8,705,000. Wellington Management Group LLP grew its position in shares of CVB Financial by 16.5% during the 2nd quarter. Wellington Management Group LLP now owns 1,227,820 shares of the financial services provider’s stock valued at $27,687,000 after acquiring an additional 173,984 shares during the period. Finally, Bank of America Corp DE purchased a new stake in shares of CVB Financial during the 2nd quarter worth approximately $20,882,000. 74.18% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about CVB Financial
Here are the key news stories impacting CVB Financial this week:
- Positive Sentiment: CVBF reported third-quarter net income of $78.1 million, or $0.44 per diluted share, up from $48.3 million in the prior quarter and $52.6 million a year earlier. Net interest income increased to $179.1 million, while the net interest margin expanded 17 basis points sequentially to 3.89%. CVB Financial Reports Third-Quarter 2026 Net Income
- Positive Sentiment: Management’s outlook calls for approximately 13% EPS growth by 2027, supported by a full quarter of anticipated benefits from the Heritage integration. This provides investors with a forward earnings-growth catalyst beyond the current quarter. CVB Financial Targets 13% EPS Growth by 2027
- Positive Sentiment: CVB Financial repurchased $17.5 million of common stock during the quarter. Loans totaled $12.12 billion and deposits were $15.73 billion, indicating a substantial operating base following the Heritage transaction. CVB Financial Reports Third-Quarter 2026 Earnings
- Neutral Sentiment: Revenue was approximately $195.6 million, broadly in line with expectations. Management also reported a 1.48% return on average assets and 16.22% return on average tangible common equity. CVB Financial’s Q3 2026 Sales Beat Estimates
- Negative Sentiment: EPS of $0.44 was slightly below the $0.45 consensus estimate. Noninterest expense included $8.1 million in Heritage-related merger costs, and the company disclosed third-quarter charge-offs, leaving credit quality and integration expenses as risks to monitor. CVB Financial Lags Third-Quarter Earnings Estimates
CVB Financial Price Performance
Shares of NASDAQ:CVBF opened at $23.05 on Tuesday. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.17. CVB Financial has a twelve month low of $18.01 and a twelve month high of $23.41. The stock’s 50 day moving average is $22.27 and its 200-day moving average is $21.65. The firm has a market capitalization of $4.06 billion, a price-to-earnings ratio of 13.40 and a beta of 0.66.
CVB Financial (NASDAQ:CVBF – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.45 by ($0.01). CVB Financial had a net margin of 29.54% and a return on equity of 9.91%. The business had revenue of $191.74 million during the quarter, compared to analyst estimates of $192.80 million. During the same period in the previous year, the business posted $0.38 EPS. Sell-side analysts forecast that CVB Financial will post 1.74 EPS for the current fiscal year.
CVB Financial Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a $0.20 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 annualized dividend and a dividend yield of 3.5%. CVB Financial’s dividend payout ratio is presently 55.17%.
CVB Financial Company Profile
CVB Financial Corp. is a bank holding company headquartered in Ontario, California. Its principal subsidiary, Citizens Business Bank, provides banking and financial services to businesses, professionals, and individuals, with a focus on relationship-based commercial banking.
Citizens Business Bank offers business checking and savings accounts, commercial and real estate loans, lines of credit, equipment financing, treasury management, cash management, and international banking services.
Featured Stories
- Five stocks we like better than CVB Financial
- Is Texas Instruments Setting Up for Its Next Big Breakout?
- Pegasystems’ Q3 Miss Exposed the Problem Standing Between AI and Cash Flow
- Lam Research’s Earnings Beat Wasn’t the Real Story—Its 2027 Outlook Was
- Tesla’s Flying-Car Hype Hits an Earnings Reality Check
Receive News & Ratings for CVB Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CVB Financial and related companies with MarketBeat.com's FREE daily email newsletter.
