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NASDAQ:CVBFCVB Financial Stock Price, Forecast & News

$18.03
-0.08 (-0.44 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$17.86
Now: $18.03
$18.29
50-Day Range
$16.75
MA: $19.06
$21.73
52-Week Range
$14.91
Now: $18.03
$22.23
Volume383,537 shs
Average Volume821,319 shs
Market Capitalization$2.44 billion
P/E Ratio12.97
Dividend Yield3.99%
Beta0.71
CVB Financial Corp. operates as a bank holding company for Citizens Business Bank that provides banking and financial products and services. The company offers checking, savings, and money market accounts, as well as time certificates of deposit; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; 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 that are secured by owner-occupied and investor owned properties; 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, the company offers various specialized services, such as cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, payroll services, remote deposit capture, electronic funds transfer, and online account access. Further, it provides trust and investment-related services to customers through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company's customers consist primarily of small to mid-sized businesses and individuals 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. As of December 31, 2018, the company operated 68 banking centers and 3 trust office locations. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.8Community Rank: 1.9Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.03 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:CVBF
CUSIP12660010
Phone909-980-4030

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$516.89 million
Cash Flow$1.71 per share
Book Value$14.23 per share

Profitability

Net Income$207.83 million

Miscellaneous

EmployeesN/A
Market Cap$2.44 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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CVB Financial (NASDAQ:CVBF) Frequently Asked Questions

How has CVB Financial's stock been impacted by COVID-19 (Coronavirus)?

CVB Financial's stock was trading at $16.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CVBF stock has increased by 9.9% and is now trading at $18.03. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CVB Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CVB Financial in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CVB Financial.

When is CVB Financial's next earnings date?

CVB Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for CVB Financial.

How were CVB Financial's earnings last quarter?

CVB Financial Corp. (NASDAQ:CVBF) posted its earnings results on Wednesday, April, 22nd. The financial services provider reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.04. The financial services provider earned $101.95 million during the quarter, compared to analysts' expectations of $114.73 million. CVB Financial had a return on equity of 9.91% and a net margin of 38.52%. The business's quarterly revenue was down 18.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 EPS. View CVB Financial's earnings history.

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

CVB Financial announced a quarterly dividend on Wednesday, March 25th. Stockholders of record on Wednesday, April 8th will be paid a dividend of $0.18 per share on Wednesday, April 22nd. This represents a $0.72 annualized dividend and a dividend yield of 3.99%. The ex-dividend date of this dividend is Tuesday, April 7th. View CVB Financial's dividend history.

What price target have analysts set for CVBF?

3 analysts have issued 1 year price targets for CVB Financial's stock. Their forecasts range from $19.00 to $22.00. On average, they anticipate CVB Financial's share price to reach $20.50 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View analysts' price targets for CVB Financial.

Has CVB Financial been receiving favorable news coverage?

Media stories about CVBF stock have trended somewhat positive on Monday, InfoTrie reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. CVB Financial earned a news impact score of 0.8 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCVB Financial.

Are investors shorting CVB Financial?

CVB Financial saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 5,810,000 shares, a decrease of 6.6% from the April 30th total of 6,220,000 shares. Based on an average daily volume of 958,300 shares, the short-interest ratio is currently 6.1 days. Currently, 4.5% of the company's stock are short sold. View CVB Financial's Current Options Chain.

Who are some of CVB Financial's key competitors?

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), Ring Energy (REI), Ring Energy (REI), Bank of America (BAC), Cracker Barrel Old Country Store (CBRL), Gilead Sciences (GILD), General Motors (GM), Huntington Bancshares (HBAN), IBM (IBM) and Invesco (IVZ).

Who are CVB Financial's key executives?

CVB Financial's management team includes the following people:
  • Mr. Christopher D. Myers, Pres, CEO & Director (Age 57)
  • Mr. E. Allen Nicholson, Exec. VP & CFO (Age 52)
  • Mr. David C. Harvey, Exec. VP & COO of Citizens Bus. Bank (Age 51)
  • Mr. David A. Brager, Exec. VP of Sales Division - Citizens Bus. Bank (Age 51)
  • Mr. David F. Farnsworth, Exec. VP & Chief Credit Officer of Citizens Bus. Bank (Age 62)

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 shareholders include BlackRock Inc. (14.88%), State Street Corp (3.74%), Silvercrest Asset Management Group LLC (3.05%), Parallel Advisors LLC (2.87%), Champlain Investment Partners LLC (1.89%) and Bank of New York Mellon Corp (1.66%). Company insiders that own CVB Financial stock include Anna Kan, Christopher D Myers, David A Brager, Hal W Oswalt and Yamynn Deangelis. View institutional ownership trends for CVB Financial.

Which major investors are selling CVB Financial stock?

CVBF stock was sold by a variety of institutional investors in the last quarter, including Cliffwater LLC, Morgan Stanley, BlackRock Inc., Bank of New York Mellon Corp, Deprince Race & Zollo Inc., Arizona State Retirement System, Principal Financial Group Inc., and Comerica Bank. Company insiders that have sold CVB Financial company stock in the last year include Christopher D Myers, and Hal W Oswalt. View insider buying and selling activity for CVB Financial.

Which major investors are buying CVB Financial stock?

CVBF stock was acquired by a variety of institutional investors in the last quarter, including Parallel Advisors LLC, Schroder Investment Management Group, Clearbridge Investments LLC, Wells Fargo & Company MN, State Street Corp, Boston Trust Walden Corp, Geode Capital Management LLC, and JPMorgan Chase & Co.. View insider buying and selling activity for CVB Financial.

How do I buy shares of CVB Financial?

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

What is CVB Financial's stock price today?

One share of CVBF stock can currently be purchased for approximately $18.03.

How big of a company is CVB Financial?

CVB Financial has a market capitalization of $2.44 billion and generates $516.89 million in revenue each year. The financial services provider earns $207.83 million in net income (profit) each year or $1.48 on an earnings per share basis.

What is CVB Financial's official website?

The official website for CVB Financial is www.cbbank.com.

How can I contact CVB Financial?

CVB Financial's mailing address is 701 N HAVEN AVE SUITE 350, ONTARIO CA, 91764. The financial services provider can be reached via phone at 909-980-4030 or via email at [email protected]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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