Should I buy or sell CVB Financial stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CVBF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVBF, but not buy additional shares or sell existing shares. View CVBF analyst ratings or view top-rated stocks .

What is CVB Financial's stock price target for 2024?

5 Wall Street research analysts have issued 1-year price targets for CVB Financial's shares. Their CVBF share price targets range from $17.00 to $22.00. On average, they expect the company's stock price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 0.6%. View analysts price targets for CVBF or view top-rated stocks among Wall Street analysts .

How have CVBF shares performed in 2023?

CVB Financial's stock was trading at $25.75 on January 1st, 2023. Since then, CVBF stock has decreased by 23.8% and is now trading at $19.62. View the best growth stocks for 2023 here .

When is CVB Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024. View our CVBF earnings forecast .

How were CVB Financial's earnings last quarter?

CVB Financial Corp. (NASDAQ:CVBF) announced its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The financial services provider had revenue of $137.68 million for the quarter, compared to the consensus estimate of $134.52 million. CVB Financial had a trailing twelve-month return on equity of 12.12% and a net margin of 37.18%. CVB Financial's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share.

How often does CVB Financial pay dividends? What is the dividend yield for CVB Financial?

CVB Financial announced a quarterly dividend on Wednesday, September 20th. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.20 per share on Thursday, October 19th. This represents a $0.80 annualized dividend and a yield of 4.08%. The ex-dividend date is Tuesday, October 3rd. Read our dividend analysis for CVBF .

Is CVB Financial a good dividend stock?

CVB Financial (NASDAQ:CVBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.12%. CVBF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 49.69% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CVBF .

What ETFs hold CVB Financial's stock?

ETFs with the largest weight of CVB Financial (NASDAQ:CVBF) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR) , SPDR S&P Bank ETF (KBE) , SPDR S&P Regional Banking ETF (KRE) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) , Invesco S&P SmallCap Low Volatility ETF (XSLV) , Invesco S&P SmallCap Financials ETF (PSCF) , Direxion Daily Regional Banks Bull 3x Shares (DPST) and FlexShares Quality Dividend Defensive Index Fund (QDEF) .

What other stocks do shareholders of CVB Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CVB Financial investors own include Pfizer (PFE) , Bank of America (BAC) , Gilead Sciences (GILD) , General Motors (GM) , International Business Machines (IBM) , Procter & Gamble (PG) , Verizon Communications (VZ) , Cracker Barrel Old Country Store (CBRL) , Costco Wholesale (COST) and Walt Disney (DIS) .

Who are CVB Financial's major shareholders?

CVB Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (2.83%), Charles Schwab Investment Management Inc. (2.58%), Morgan Stanley (2.28%), Northern Trust Corp (1.60%), Bank of New York Mellon Corp (1.50%) and Principal Financial Group Inc. (1.34%). Insiders that own company stock include Anna Kan , David F Farnsworth , Francene Lapoint , George A Borba Jr , Jane Olvera , Kristina M Leslie and Richard H Wohl . View institutional ownership trends .

How do I buy shares of CVB Financial?

Shares of CVBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

CVB Financial Stock Price, News & Analysis (NASDAQ:CVBF)

$19.62

+0.20 (+1.03%)

(As of 12/8/2023 ET)

Compare

Today's Range: $19.16
▼
$19.72
50-Day Range: $14.98
▼
$19.62
52-Week Range: $10.66
▼
$27.37

Volume: 991,107 shs
Average Volume: 803,274 shs
Market Capitalization: $2.73 billion

P/E Ratio: 11.47
Dividend Yield: 4.08%
Price Target: $19.50

CVB Financial MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 0.6% Downside
$19.50 Price Target
Short Interest: Bearish
5.94% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
$3.36 M Bought Last Quarter
Proj. Earnings Growth: -1.83%
From $1.64 to $1.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Finance Sector

549th out of 871 stocks

State Commercial Banks Industry

113th out of 182 stocks

1.1

Analyst's Opinion

Consensus Rating
CVB Financial has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.50, CVB Financial has a forecasted downside of 0.6% from its current price of $19.62.
Amount of Analyst Coverage
CVB Financial has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.94% of the float of CVB Financial has been sold short.
Short Interest Ratio / Days to Cover
CVB Financial has a short interest ratio ("days to cover") of 8.
Change versus previous month
Short interest in CVB Financial has recently decreased by 2.26%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Leadership
CVB Financial is a leading dividend payer. It pays a dividend yield of 4.12%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CVB Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of CVB Financial is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CVB Financial will have a dividend payout ratio of 49.69% next year. This indicates that CVB Financial will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CVBF.

3.2

News and Social Media Coverage

News Sentiment
CVB Financial has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for CVB Financial this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added CVB Financial to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CVB Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,358,080.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 5.40% of the stock of CVB Financial is held by insiders.
Percentage Held by Institutions
74.51% of the stock of CVB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for CVB Financial are expected to decrease by -1.83% in the coming year, from $1.64 to $1.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CVB Financial is 11.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.68.
Price to Earnings Ratio vs. Sector
The P/E ratio of CVB Financial is 11.47, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.43.
Price to Book Value per Share Ratio
CVB Financial has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About CVB Financial Stock (NASDAQ:CVBF)

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. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. Further, the company provides trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company was founded in 1974 and is headquartered in Ontario, California.

CVBF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CVBF Stock News Headlines

December 9, 2023 | americanbankingnews.com

CVB Financial (NASDAQ:CVBF) Now Covered by Analysts at Stephens

December 4, 2023 | finance.yahoo.com

Despite delivering investors losses of 28% over the past 1 year, CVB Financial (NASDAQ:CVBF) has been growing its earnings

December 9, 2023 | Autonomix (Ad)

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November 11, 2023 | morningstar.com

CVB Financial Corp CVBF

November 6, 2023 | benzinga.com

1.63M Reasons To Be Bullish On CVB Financial Stock

November 5, 2023 | finance.yahoo.com

Independent Vice Chairman of the Board of CVB Financial Picks Up 4.3% More Stock

October 28, 2023 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Mastercard (MA), Capital City Bank (CCBG) and Cvb Financial (CVBF)

October 28, 2023 | finance.yahoo.com

CVB Financial Corp (CVBF) Reports Q3 2023 Earnings

December 9, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

October 27, 2023 | finance.yahoo.com

CVB Financial Corp. (NASDAQ:CVBF) Q3 2023 Earnings Call Transcript

October 27, 2023 | markets.businessinsider.com

Hold Rating Maintained for CVBF Financial Amid Mixed Performance and Premium Valuation: An Analysis

October 27, 2023 | finance.yahoo.com

Q3 2023 CVB Financial Corp Earnings Call

October 26, 2023 | msn.com

Wedbush Maintains CVB Financial (CVBF) Neutral Recommendation

October 26, 2023 | finance.yahoo.com

Compared to Estimates, CVB Financial (CVBF) Q3 Earnings: A Look at Key Metrics

October 25, 2023 | finance.yahoo.com

CVB Financial Corp. Reports Earnings for the Third Quarter 2023

October 25, 2023 | finance.yahoo.com

CVB Financial (CVBF) Surpasses Q3 Earnings and Revenue Estimates

October 24, 2023 | markets.businessinsider.com

CVB Financial is about to announce its earnings — here's what to expect

October 23, 2023 | finance.yahoo.com

Cathay General (CATY) Surpasses Q3 Earnings Estimates

October 3, 2023 | finance.yahoo.com

CVB Financial Corp: A Deep Dive into its Dividend Performance and Sustainability

September 24, 2023 | finance.yahoo.com

CVB Financial (NASDAQ:CVBF) Has Announced A Dividend Of $0.20

September 21, 2023 | finance.yahoo.com

Institutional owners may take dramatic actions as CVB Financial Corp.'s (NASDAQ:CVBF) recent 3.7% drop adds to one-year losses

September 20, 2023 | uk.finance.yahoo.com

CVB Financial Corp. (CVBF)

September 20, 2023 | finance.yahoo.com

CVB Financial Corp. Announces 136th Consecutive Cash Dividend

September 4, 2023 | gurufocus.com

What's Driving CVB Financial Corp's Surprising 48% Stock Rally?

August 12, 2023 | finance.yahoo.com

Independent Vice Chairman of the Board of CVB Financial Picks Up 3.7% More Stock

August 8, 2023 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Cvb Financial (CVBF), Kemper (KMPR) and American Equity Investment Life (AEL)

August 3, 2023 | gurufocus.com

Insider Buying: EVP & CCO David Farnsworth Acquires 1250 Shares of CVB Financial Corp

See More Headlines

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Company Calendar

Ex-Dividend for 10/19 Dividend: 10/03/2023
Dividend Payable: 10/19/2023
Last Earnings: 10/25/2023
Today: 12/09/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 1/24/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: State commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:CVBF
CUSIP: 12660010
CIK: 354647
Web: www.cbbank.com
Phone: (909) 980-4030
Fax: 909-481-2131
Employees: 1,072
Year Founded: 1974

Price Target and Rating

Average Stock Price Target: $19.50
High Stock Price Target: $22.00
Low Stock Price Target: $17.00
Potential Upside/Downside: -0.6%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.71
Trailing P/E Ratio: 11.47
Forward P/E Ratio: 11.96
P/E Growth: N/A
Net Income: $235.43 million
Net Margins: 37.18%
Pretax Margin: 51.91%
Return on Equity: 12.12%
Return on Assets: 1.47%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.72
Quick Ratio: 0.72

Sales & Book Value

Annual Sales: $564.66 million
Price / Sales: 4.84
Cash Flow: $1.99 per share
Price / Cash Flow: 9.85
Book Value: $13.94 per share
Price / Book: 1.41

Miscellaneous

Outstanding Shares: 139,340,000
Free Float: 131,814,000
Market Cap: $2.73 billion
Optionable: Optionable
Beta: 0.51

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Key Executives

Mr. David A. Brager (Age 55)
President, CEO & Director
Comp: $1.95M
Mr. E. Allen Nicholson (Age 56)
Executive VP & CFO
Comp: $898.11k
Mr. Richard H. Wohl (Age 64)
Executive VP & General Counsel
Comp: $596.83k
Mr. David C. Harvey (Age 55)
Executive VP & COO of Citizens Business Bank
Comp: $925.13k
Mr. David F. Farnsworth (Age 66)
Executive VP & Chief Credit Officer of Citizens Business Bank
Comp: $701.7k
Ms. Francene LaPoint CPA (Age 58)
Senior VP & Chief Accounting Officer
Mr. Michael K. Currie
Senior VP & Chief Information Officer
Ms. Yamynn DeAngelis (Age 66)
Executive VP & Chief Risk Officer
Mr. G. Larry Zivelonghi
Executive VP and Dairy & Livestock Industries Group Manager - Citizens Business Bank
Mr. Robert Daniel Banis
Executive VP & Head of CitizensTrust of Citizens Business Bank

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CVBF Stock Analysis - Frequently Asked Questions

Should I buy or sell CVB Financial stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CVBF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CVBF, but not buy additional shares or sell existing shares.
View CVBF analyst ratings or view top-rated stocks.
What is CVB Financial's stock price target for 2024?: 5 Wall Street research analysts have issued 1-year price targets for CVB Financial's shares. Their CVBF share price targets range from $17.00 to $22.00. On average, they expect the company's stock price to reach $19.50 in the next twelve months. This suggests that the stock has a possible downside of 0.6%.
View analysts price targets for CVBF or view top-rated stocks among Wall Street analysts.
How have CVBF shares performed in 2023?: CVB Financial's stock was trading at $25.75 on January 1st, 2023. Since then, CVBF stock has decreased by 23.8% and is now trading at $19.62.
View the best growth stocks for 2023 here.
When is CVB Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our CVBF earnings forecast.
How were CVB Financial's earnings last quarter?: CVB Financial Corp. (NASDAQ:CVBF) announced its quarterly earnings results on Wednesday, October, 25th. The financial services provider reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The financial services provider had revenue of $137.68 million for the quarter, compared to the consensus estimate of $134.52 million. CVB Financial had a trailing twelve-month return on equity of 12.12% and a net margin of 37.18%. CVB Financial's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share.
How often does CVB Financial pay dividends? What is the dividend yield for CVB Financial?: CVB Financial announced a quarterly dividend on Wednesday, September 20th. Stockholders of record on Wednesday, October 4th will be given a dividend of $0.20 per share on Thursday, October 19th. This represents a $0.80 annualized dividend and a yield of 4.08%. The ex-dividend date is Tuesday, October 3rd.
Read our dividend analysis for CVBF.

Is CVB Financial a good dividend stock?: CVB Financial (NASDAQ:CVBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.12%. CVBF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 46.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 49.69% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVBF.
What ETFs hold CVB Financial's stock?: ETFs with the largest weight of CVB Financial (NASDAQ:CVBF) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Bank ETF (KBE), SPDR S&P Regional Banking ETF (KRE), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Financials ETF (PSCF), Direxion Daily Regional Banks Bull 3x Shares (DPST) and FlexShares Quality Dividend Defensive Index Fund (QDEF).
What other stocks do shareholders of CVB Financial own?: Based on aggregate information from My MarketBeat watchlists, some companies that other CVB Financial investors own include Pfizer (PFE), Bank of America (BAC), Gilead Sciences (GILD), General Motors (GM), International Business Machines (IBM), Procter & Gamble (PG), Verizon Communications (VZ), Cracker Barrel Old Country Store (CBRL), Costco Wholesale (COST) and Walt Disney (DIS).
Who are CVB Financial's major shareholders?: CVB Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include American Century Companies Inc. (2.83%), Charles Schwab Investment Management Inc. (2.58%), Morgan Stanley (2.28%), Northern Trust Corp (1.60%), Bank of New York Mellon Corp (1.50%) and Principal Financial Group Inc. (1.34%). Insiders that own company stock include Anna Kan, David F Farnsworth, Francene Lapoint, George A Borba Jr, Jane Olvera, Kristina M Leslie and Richard H Wohl.
View institutional ownership trends.
How do I buy shares of CVB Financial?: Shares of CVBF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CVBF) was last updated on 12/9/2023 by MarketBeat.com Staff

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