CVB Financial (CVBF) to Release Quarterly Earnings on Wednesday

CVB Financial (NASDAQ:CVBF) will likely be issuing its Q1 2025 quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect CVB Financial to post earnings of $0.33 per share and revenue of $124.45 million for the quarter.

CVB Financial (NASDAQ:CVBF) last posted its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.36 earnings per share 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 9.35%. On average, analysts expect CVB Financial to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CVB Financial Trading Up 0.1 %

Shares of NASDAQ:CVBF opened at $17.72 on Tuesday. CVB Financial has a 12-month low of $15.75 and a 12-month high of $24.58. The stock’s 50-day moving average price is $18.64 and its 200-day moving average price is $20.28. The stock has a market capitalization of $2.46 billion, a P/E ratio of 12.31 and a beta of 0.62.

CVB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 2nd were paid a $0.20 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 4.51%. CVB Financial’s dividend payout ratio (DPR) is currently 55.56%.

Analyst Ratings Changes

Separately, Stephens cut their target price on shares of CVB Financial from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Monday, January 27th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $22.20.

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.