CVB Financial Corp. (NASDAQ:CVBF - Free Report) - Equities research analysts at Wedbush cut their Q2 2025 earnings estimates for shares of CVB Financial in a note issued to investors on Thursday, October 24th. Wedbush analyst D. Chiaverini now expects that the financial services provider will earn $0.35 per share for the quarter, down from their previous forecast of $0.37. Wedbush currently has a "Neutral" rating and a $20.00 target price on the stock. The consensus estimate for CVB Financial's current full-year earnings is $1.40 per share. Wedbush also issued estimates for CVB Financial's Q3 2025 earnings at $0.36 EPS, FY2025 earnings at $1.40 EPS and FY2026 earnings at $1.50 EPS.
CVB Financial (NASDAQ:CVBF - Get Free Report) last released its earnings results on Wednesday, October 23rd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.02. The company had revenue of $126.45 million during the quarter, compared to analyst estimates of $126.75 million. CVB Financial had a return on equity of 10.41% and a net margin of 29.58%. CVB Financial's quarterly revenue was down 8.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.42 earnings per share.
CVBF has been the subject of a number of other research reports. Stephens raised their price objective on shares of CVB Financial from $19.00 to $21.00 and gave the stock an "equal weight" rating in a report on Friday, July 26th. Keefe, Bruyette & Woods upgraded shares of CVB Financial from a "market perform" rating to an "outperform" rating and raised their price target for the stock from $20.00 to $22.00 in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $20.25.
Check Out Our Latest Report on CVB Financial
CVB Financial Stock Performance
NASDAQ:CVBF traded up $0.35 during trading on Monday, reaching $19.58. The company's stock had a trading volume of 624,333 shares, compared to its average volume of 829,561. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 12.88 and a beta of 0.45. CVB Financial has a 12 month low of $15.38 and a 12 month high of $21.77. The firm has a 50 day moving average of $18.12 and a 200-day moving average of $17.46.
CVB Financial Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, October 14th. Stockholders of record on Monday, September 30th were given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.09%. The ex-dividend date was Monday, September 30th. CVB Financial's dividend payout ratio (DPR) is currently 52.63%.
Institutional Investors Weigh In On CVB Financial
Hedge funds and other institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in shares of CVB Financial in the first quarter worth about $1,205,000. GSA Capital Partners LLP bought a new position in CVB Financial in the 1st quarter valued at $1,606,000. Bessemer Group Inc. grew its position in shares of CVB Financial by 7.3% during the 1st quarter. Bessemer Group Inc. now owns 539,730 shares of the financial services provider's stock valued at $9,629,000 after purchasing an additional 36,894 shares in the last quarter. Sei Investments Co. grew its position in shares of CVB Financial by 15.5% during the 1st quarter. Sei Investments Co. now owns 611,438 shares of the financial services provider's stock valued at $10,908,000 after purchasing an additional 82,125 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in shares of CVB Financial by 1.0% in the second quarter. American Century Companies Inc. now owns 5,813,290 shares of the financial services provider's stock worth $100,221,000 after purchasing an additional 58,774 shares during the period. Institutional investors own 74.18% of the company's stock.
About CVB Financial
(
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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.
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