NASDAQ:CVBF

CVB Financial - CVBF Stock Forecast, Price & News

$28.34

+0.18 (+0.64%)

(As of 11/25/2022 04:00 PM ET)

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Today's Range: $28.21
▼
$28.41
50-Day Range: $25.32
▼
$28.95
52-Week Range: $19.00
▼
$29.25

Volume: 131,578 shs
Average Volume: 557,541 shs
Market Capitalization: $3.96 billion

P/E Ratio: 18.40
Dividend Yield: 2.82%
Price Target: $29.00

CVB Financial MarketRank™ Forecast

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 2.3% Upside
$29.00 Price Target
Short Interest: Healthy
2.98% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$427,547 Sold Last Quarter
Proj. Earnings Growth: 15.48%
From $1.68 to $1.94 Per Share

Overall MarketRank^™

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

2.28 out of 5 stars

Finance Sector

418th out of 892 stocks

State Commercial Banks Industry

88th out of 184 stocks

1.0

Analyst's Opinion

Consensus Rating
CVB Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.00, CVB Financial has a forecasted upside of 2.3% from its current price of $28.34.
Amount of Analyst Coverage
CVB Financial has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.98% 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 6.3.
Change versus previous month
Short interest in CVB Financial has recently decreased by 4.89%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
CVB Financial pays a meaningful dividend of 2.84%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CVB Financial has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of CVB Financial is 51.95%. 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 41.24% 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.

3.3

News and Social Media Coverage

News Sentiment
CVB Financial has a news sentiment score of 1.89. 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 0.85 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for CVB Financial this week, compared to 1 article on an average week.
Search Interest
2 people have searched for CVBF on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added CVB Financial to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CVB Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $427,547.00 in company stock.
Percentage Held by Insiders
Only 5.40% of the stock of CVB Financial is held by insiders.
Percentage Held by Institutions
72.60% of the stock of CVB Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for CVB Financial are expected to grow by 15.48% in the coming year, from $1.68 to $1.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CVB Financial is 18.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of CVB Financial is 18.40, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 173.57.
Price to Book Value per Share Ratio
CVB Financial has a P/B Ratio of 2.11. 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 (NASDAQ:CVBF) Stock

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 through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2021, it operated 58 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; and three trust offices located in Ontario, Newport Beach, and Pasadena, as well as two loan production offices in California's Central Valley and the Sacramento area. The company was founded in 1974 and is headquartered in Ontario, California.

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CVBF Stock News Headlines

November 13, 2022 | finance.yahoo.com

CVB Financial Third Quarter 2022 Earnings: Beats Expectations

November 5, 2022 | finance.yahoo.com

CVB Financial Corp. (NASDAQ:CVBF) is a favorite amongst institutional investors who own 73%

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November 4, 2022 | finance.yahoo.com

CVB Financial Corp. Director Passes Away

November 2, 2022 | benzinga.com

CVB Financial EVP & CCO Trades Company's Stock

November 2, 2022 | benzinga.com

CVB Financial EVP & CCO Sold $329K In Company Stock

October 21, 2022 | msn.com

Benzinga's Top Ratings Upgrades, Downgrades For October 21, 2022

October 19, 2022 | finance.yahoo.com

CVB Financial (CVBF) Q3 Earnings and Revenues Beat Estimates

November 27, 2022 | Legacy Research (Affiliate) (Ad)

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October 19, 2022 | finance.yahoo.com

CVB Financial Corp. Reports Record Earnings for the Third Quarter 2022

October 17, 2022 | finance.yahoo.com

CVB Financial (CVBF) Could Be a Great Choice

October 17, 2022 | finance.yahoo.com

IBD 50 Stocks To Watch: CVB Financial Approaches Buy Point Ahead Of Earnings

October 16, 2022 | forbes.com

These NASDAQ Bank Stocks Are Hitting New 52-Week Highs

October 8, 2022 | seekingalpha.com

CVB Financial: Prospects Of Strong Earnings Growth Appear Priced In

September 30, 2022 | nasdaq.com

Ex-Dividend Reminder: Cousins Properties, CVB Financial and Cisco Systems

September 25, 2022 | finance.yahoo.com

CVB Financial (NASDAQ:CVBF) Will Pay A Larger Dividend Than Last Year At $0.20

September 23, 2022 | finance.yahoo.com

CVB Financial (CVBF) Flat As Market Sinks: What You Should Know

September 21, 2022 | marketwatch.com

CVB Financial Raises Dividend to 20c

September 14, 2022 | finance.yahoo.com

Why CVB Financial (CVBF) is a Great Dividend Stock Right Now

September 14, 2022 | finance.yahoo.com

CVB Financial (CVBF) Stock Moves -0.93%: What You Should Know

September 7, 2022 | finance.yahoo.com

CVB Financial (CVBF) Gains But Lags Market: What You Should Know

September 6, 2022 | nasdaq.com

Oversold Conditions For CVB Financial (CVBF)

September 1, 2022 | finance.yahoo.com

Has CTO Realty Growth (CTO) Outpaced Other Finance Stocks This Year?

August 29, 2022 | finance.yahoo.com

Why CVB Financial (CVBF) is a Top Dividend Stock for Your Portfolio

August 25, 2022 | nasdaq.com

Institutional investors may overlook CVB Financial Corp.'s (NASDAQ:CVBF) recent US$130m market cap drop as long-term gains remain positive

August 22, 2022 | finance.yahoo.com

Best Income Stocks to Buy for August 22nd

August 15, 2022 | finance.yahoo.com

Is Banner (BANR) Outperforming Other Finance Stocks This Year?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CVBF Company Calendar

Ex-Dividend for 10/20 Dividend: 10/04/2022
Last Earnings: 10/20/2022
Dividend Payable: 10/20/2022
Today: 11/27/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 1/25/2023

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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: 1,015
Year Founded: 1974

Price Target and Rating

Average Stock Price Forecast: $29.00
High Stock Price Forecast: $32.00
Low Stock Price Forecast: $26.00
Forecasted Upside/Downside: +2.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.54
Trailing P/E Ratio: 18.40
Forward P/E Ratio: 16.87
P/E Growth: N/A
Net Income: $212.52 million
Net Margins: 41.25%
Pretax Margin: 57.46%
Return on Equity: 10.82%
Return on Assets: 1.30%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.63
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $468.02 million
Price / Sales: 8.47
Cash Flow: $1.76 per share
Price / Cash Flow: 16.12
Book Value: $13.44 per share
Price / Book: 2.11

Miscellaneous

Outstanding Shares: 139,810,000
Free Float: 132,258,000
Market Cap: $3.96 billion
Optionable: Optionable
Beta: 0.42

Social Links

Key Executives

Mr. David A. Brager (Age 54)
Pres, CEO & Director
Comp: $1.77M

Mr. E. Allen Nicholson (Age 55)
Exec. VP & CFO
Comp: $820.71k

Mr. Richard H. Wohl (Age 63)
Exec. VP & Gen. Counsel
Comp: $521.87k

Mr. David C. Harvey (Age 54)
Exec. VP & COO of Citizens Bus. Bank
Comp: $865.94k

Mr. David F. Farnsworth (Age 65)
Exec. VP & Chief Credit Officer of Citizens Bus. Bank
Comp: $611.52k

Ms. Francene LaPoint CPA (Age 57)
Sr. VP & Chief Accounting Officer

Mr. Michael K. Currie
Sr. VP & Chief Information Officer

Ms. Yamynn DeAngelis (Age 65)
Exec. VP & Chief Risk Officer

Mr. G. Larry Zivelonghi
Exec. VP and Dairy & Livestock Industries Group Mang. - Citizens Bus. Bank

Mr. Robert Daniel Banis
Exec. VP & Head of CitizensTrust of Citizens Bus. Bank

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CVBF Stock - Frequently Asked Questions

Should I buy or sell CVB Financial stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 1 hold 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 forecast for 2023?: 1 equities research analysts have issued twelve-month price targets for CVB Financial's stock. Their CVBF share price forecasts range from $26.00 to $32.00. On average, they predict the company's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts price targets for CVBF or view top-rated stocks among Wall Street analysts.
How have CVBF shares performed in 2022?: CVB Financial's stock was trading at $21.41 at the beginning of the year. Since then, CVBF stock has increased by 32.4% and is now trading at $28.34.
View the best growth stocks for 2022 here.
When is CVB Financial's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 25th 2023.
View our CVBF earnings forecast.
How were CVB Financial's earnings last quarter?: CVB Financial Corp. (NASDAQ:CVBF) issued its quarterly earnings data on Thursday, October, 20th. The financial services provider reported $0.46 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.01. The financial services provider earned $144.93 million during the quarter, compared to the consensus estimate of $143.30 million. CVB Financial had a net margin of 41.25% and a trailing twelve-month return on equity of 10.82%. The company's revenue was up 27.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 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 21st. Stockholders of record on Wednesday, October 5th will be paid a dividend of $0.20 per share on Thursday, October 20th. This represents a $0.80 annualized dividend and a dividend yield of 2.82%. The ex-dividend date is Tuesday, October 4th. This is a boost from the stock's previous quarterly dividend of $0.19.
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 2.84%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CVBF will have a dividend payout ratio of 41.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CVBF.
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).
What is CVB Financial's stock symbol?: CVB Financial trades on the NASDAQ under the ticker symbol "CVBF."
Who are CVB Financial's major shareholders?: CVB Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.67%), Vanguard Group Inc. (10.97%), State Street Corp (4.82%), Neuberger Berman Group LLC (3.74%), Dimensional Fund Advisors LP (2.54%) and Bank of New York Mellon Corp (1.71%). Insiders that own company stock include Anna Kan, David F Farnsworth, Francene Lapoint, Hal W Oswalt and Kristina M Leslie.
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.
What is CVB Financial's stock price today?: One share of CVBF stock can currently be purchased for approximately $28.34.
How much money does CVB Financial make?: CVB Financial (NASDAQ:CVBF) has a market capitalization of $3.96 billion and generates $468.02 million in revenue each year. The financial services provider earns $212.52 million in net income (profit) each year or $1.54 on an earnings per share basis.
How many employees does CVB Financial have?: The company employs 1,015 workers across the globe.
How can I contact CVB Financial?: 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.

This page (NASDAQ:CVBF) was last updated on 11/27/2022 by MarketBeat.com Staff

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