Q2 Earnings Estimate for CVB Financial Issued By DA Davidson

CVB Financial Corporation (NASDAQ:CVBF - Free Report) - Equities researchers at DA Davidson increased their Q2 2025 EPS estimates for CVB Financial in a report issued on Friday, June 27th. DA Davidson analyst G. Tenner now expects that the financial services provider will post earnings of $0.36 per share for the quarter, up from their prior estimate of $0.35. The consensus estimate for CVB Financial's current full-year earnings is $1.41 per share.

Separately, Piper Sandler reduced their target price on CVB Financial from $25.00 to $24.00 and set an "overweight" rating on the stock in a report on Monday, April 28th.

CVB Financial Stock Up 0.1%

Shares of CVB Financial stock opened at $19.68 on Monday. CVB Financial has a 52 week low of $16.01 and a 52 week high of $24.58. The company has a market cap of $2.71 billion, a PE ratio of 13.57 and a beta of 0.66. The business has a 50 day moving average of $18.96 and a 200 day moving average of $19.50.

CVB Financial (NASDAQ:CVBF - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The financial services provider reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.03. CVB Financial had a return on equity of 9.32% and a net margin of 30.24%. The business had revenue of $126.67 million during the quarter, compared to analysts' expectations of $124.45 million. During the same quarter last year, the business posted $0.35 EPS.

CVB Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 10th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Thursday, July 10th. This represents a $0.80 annualized dividend and a dividend yield of 4.07%. CVB Financial's payout ratio is presently 55.17%.

Hedge Funds Weigh In On CVB Financial

Several large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP boosted its holdings in shares of CVB Financial by 6.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,758,075 shares of the financial services provider's stock valued at $124,752,000 after acquiring an additional 400,670 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in CVB Financial by 4.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,396,677 shares of the financial services provider's stock worth $99,623,000 after purchasing an additional 240,159 shares during the period. Capital Research Global Investors purchased a new position in CVB Financial during the fourth quarter valued at $94,382,000. Parallel Advisors LLC grew its position in shares of CVB Financial by 29.7% during the first quarter. Parallel Advisors LLC now owns 3,822,248 shares of the financial services provider's stock valued at $70,559,000 after purchasing an additional 874,631 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its position in shares of CVB Financial by 15.7% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,334,354 shares of the financial services provider's stock worth $49,979,000 after buying an additional 317,418 shares in the last quarter. Hedge funds and other institutional investors own 74.18% of the company's stock.

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.

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