Q1 Earnings Estimate for CVB Financial Issued By DA Davidson

CVB Financial Corp. (NASDAQ:CVBF) – Stock analysts at DA Davidson upped their Q1 2025 EPS estimates for shares of CVB Financial in a report issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings per share of $0.35 for the quarter, up from their prior estimate 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 issued its quarterly earnings data on Wednesday, January 22nd. The financial services provider reported $0.36 earnings per share (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%.

Separately, Stephens dropped their target price on CVB Financial from $25.00 to $23.00 and set an “equal weight” rating for the company in a report on Monday, January 27th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $22.20.

CVB Financial Trading Down 1.2 %

NASDAQ:CVBF opened at $16.85 on Thursday. The stock has a 50 day simple moving average of $19.56 and a 200 day simple moving average of $20.34. CVB Financial has a 1-year low of $15.71 and a 1-year high of $24.58. The stock has a market cap of $2.35 billion, a P/E ratio of 11.70 and a beta of 0.46.

CVB Financial Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 16th. Shareholders of record on Wednesday, April 2nd will be paid a dividend of $0.20 per share. The ex-dividend date is Wednesday, April 2nd. This represents a $0.80 dividend on an annualized basis and a yield of 4.75%. CVB Financial’s dividend payout ratio (DPR) is presently 55.56%.

Hedge Funds Weigh In On CVB Financial

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CVBF. Nomura Asset Management Co. Ltd. grew its holdings in shares of CVB Financial by 80.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,620 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 720 shares in the last quarter. Hopwood Financial Services Inc. bought a new stake in CVB Financial during the fourth quarter worth about $53,000. Sterling Capital Management LLC grew its stake in CVB Financial by 815.6% during the fourth quarter. Sterling Capital Management LLC now owns 4,175 shares of the financial services provider’s stock worth $89,000 after buying an additional 3,719 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in CVB Financial by 144.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 4,389 shares of the financial services provider’s stock valued at $95,000 after buying an additional 2,597 shares during the period. Finally, KBC Group NV raised its position in shares of 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 buying an additional 1,556 shares in the last quarter. 74.18% of the stock is owned by institutional investors and hedge funds.

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.