CVB Financial (CVBF) Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 2 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.

3 brokerages have issued twelve-month price targets for CVB Financial's shares. Their CVBF share price forecasts range from $18.00 to $22.00. On average, they predict the company's share price to reach $20.00 in the next year. This suggests a possible upside of 20.7% from the stock's current price.
View analysts price targets for CVBF or view top-rated stocks among Wall Street analysts.

CVB Financial's stock was trading at $25.75 on January 1st, 2023. Since then, CVBF stock has decreased by 35.7% and is now trading at $16.57.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 18th 2023.
View our CVBF earnings forecast.

CVB Financial Corp. (NASDAQ:CVBF) issued its earnings results on Wednesday, July, 26th. The financial services provider reported $0.40 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.01. The financial services provider earned $132.19 million during the quarter, compared to analyst estimates of $132.28 million. CVB Financial had a trailing twelve-month return on equity of 12.58% and a net margin of 39.70%. The firm's revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.42 EPS.

CVB Financial announced a quarterly dividend on Wednesday, September 20th. Shareholders of record on Wednesday, October 4th will be paid a dividend of $0.20 per share on Thursday, October 19th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.83%. The ex-dividend date of this dividend is Tuesday, October 3rd.
Read our dividend analysis for CVBF.

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).

CVB Financial (NASDAQ:CVBF) pays an annual dividend of $0.80 per share and currently has a dividend yield of 4.87%. 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 45.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 49.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVBF.

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).

CVB Financial trades on the NASDAQ under the ticker symbol "CVBF."

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.
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One share of CVBF stock can currently be purchased for approximately $16.57.

CVB Financial (NASDAQ:CVBF) has a market capitalization of $2.31 billion and generates $565.97 million in revenue each year. The financial services provider earns $235.43 million in net income (profit) each year or $1.75 on an earnings per share basis.

The company employs 1,072 workers across the globe.

CVB Financial's mailing address is 701 N HAVEN AVE SUITE 350, ONTARIO CA, 91764. The official website for the company is www.cbbank.com. The financial services provider can be reached via phone at (909) 980-4030, via email at mldisanto@cbbank.com, or via fax at 909-481-2131.