CVB Financial Corp. (NASDAQ:CVBF - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of CVB Financial in a research report issued to clients and investors on Monday, January 27th. DA Davidson analyst G. Tenner anticipates that the financial services provider will post earnings per share of $0.34 for the quarter. The consensus estimate for CVB Financial's current full-year earnings is $1.43 per share. DA Davidson also issued estimates for CVB Financial's FY2025 earnings at $1.60 EPS.
CVB Financial (NASDAQ:CVBF - Get Free Report) last announced its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.36 EPS 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%.
Several other analysts have also recently issued reports on the company. Piper Sandler decreased their price objective on CVB Financial from $25.00 to $23.00 and set an "overweight" rating on the stock in a report on Friday, November 1st. Stephens decreased their price target on shares of CVB Financial from $25.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods lifted their price objective on shares of CVB Financial from $23.00 to $27.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Finally, Wedbush restated a "neutral" rating and set a $20.00 target price on shares of CVB Financial in a research report on Thursday, October 24th. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, CVB Financial currently has a consensus rating of "Hold" and an average target price of $22.20.
View Our Latest Research Report on CVBF
CVB Financial Trading Down 1.0 %
Shares of NASDAQ:CVBF traded down $0.22 during mid-day trading on Tuesday, reaching $20.84. The stock had a trading volume of 781,597 shares, compared to its average volume of 860,994. The company has a market cap of $2.91 billion, a P/E ratio of 14.47 and a beta of 0.50. The business's 50 day moving average price is $21.85 and its 200 day moving average price is $19.86. CVB Financial has a 1 year low of $15.71 and a 1 year high of $24.58.
Hedge Funds Weigh In On CVB Financial
Several hedge funds have recently added to or reduced their stakes in CVBF. Allspring Global Investments Holdings LLC purchased a new position in shares of CVB Financial during the third quarter valued at approximately $27,000. GAMMA Investing LLC boosted its holdings in CVB Financial by 21.7% during the 3rd quarter. GAMMA Investing LLC now owns 4,367 shares of the financial services provider's stock valued at $78,000 after acquiring an additional 780 shares during the period. SG Americas Securities LLC bought a new position in CVB Financial in the 3rd quarter valued at $107,000. KBC Group NV grew its position in CVB Financial by 35.0% in the 4th quarter. KBC Group NV now owns 6,005 shares of the financial services provider's stock valued at $129,000 after acquiring an additional 1,556 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in CVB Financial by 17.7% in the fourth quarter. Blue Trust Inc. now owns 6,108 shares of the financial services provider's stock worth $131,000 after purchasing an additional 918 shares during the period. 74.18% of the stock is currently owned by institutional investors.
CVB Financial Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.20 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.84%. CVB Financial's dividend payout ratio is presently 55.56%.
About CVB Financial
(
Get Free Report)
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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