Q1 Earnings Estimate for CVB Financial Issued By DA Davidson

CVB Financial Corp. (NASDAQ:CVBF) – Equities researchers at DA Davidson raised their Q1 2025 earnings per share (EPS) estimates for CVB Financial in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings of $0.35 per share for the quarter, up from their prior forecast of $0.34. The consensus estimate for CVB Financial’s current full-year earnings is $1.41 per share. DA Davidson also issued estimates for CVB Financial’s FY2025 earnings at $1.49 EPS.

CVB Financial (NASDAQ:CVBF) last released its quarterly earnings results on Wednesday, January 22nd. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.02. CVB Financial had a return on equity of 9.35% and a net margin of 29.32%.

CVBF has been the subject of several other research reports. 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. Stephens cut their price target on CVB Financial from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Monday, January 27th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $22.20.

CVB Financial Stock Performance

Shares of CVB Financial stock opened at $18.44 on Thursday. The firm has a 50-day moving average of $19.71 and a 200-day moving average of $20.37. CVB Financial has a 52-week low of $15.71 and a 52-week high of $24.58. The stock has a market cap of $2.57 billion, a PE ratio of 12.81 and a beta of 0.46.

Institutional Investors Weigh In On CVB Financial

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its holdings in shares of CVB Financial by 99.6% during the 4th quarter. Wellington Management Group LLP now owns 969,415 shares of the financial services provider’s stock worth $20,755,000 after buying an additional 483,844 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in CVB Financial by 5.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 419,930 shares of the financial services provider’s stock worth $8,991,000 after acquiring an additional 20,925 shares in the last quarter. Whelan Financial bought a new position in shares of CVB Financial in the fourth quarter worth about $227,000. Squarepoint Ops LLC acquired a new stake in shares of CVB Financial in the 4th quarter valued at approximately $643,000. Finally, ProShare Advisors LLC grew its holdings in shares of CVB Financial by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 39,906 shares of the financial services provider’s stock valued at $854,000 after purchasing an additional 12,289 shares during the last quarter. 74.18% of the stock is currently owned by institutional investors.

CVB Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Investors of record on Wednesday, April 2nd will be paid a $0.20 dividend. The ex-dividend date is Wednesday, April 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 4.34%. CVB Financial’s dividend payout ratio (DPR) is 55.56%.

About CVB Financial

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.