From what 7 stock analysts predict, the share price for CVB Financial Corp (CVBF) might decrease by 5.09% in the next year. This is based on a 12-month average estimation for CVBF. Price targets go from $20 to $27. The majority of stock analysts believe CVBF is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 7 Wall Street analysts have assignedCVBF 2 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect CVB Financial Corp to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CVBF. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CVBF.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Kelly Motta Keefe, Bruyette & Woods | Outperform | $27 | Maintains | Dec 4, 2024 |
Matthew Clark Piper Sandler | Overweight | $23 | Maintains | Nov 1, 2024 |
David Chiaverini Wedbush | Neutral | $20 | Reiterates | Oct 24, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Outperform | $22 | Upgrade | Oct 2, 2024 |
David Chiaverini Wedbush | Neutral | $20 | Maintains | Sep 24, 2024 |
Andrew Terrell Stephens & Co. | Equal-Weight | $21 | Maintains | Jul 26, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Market Perform | $20 | Reiterates | Jul 26, 2024 |
David Chiaverini Wedbush | Neutral | $21 | Maintains | Jul 25, 2024 |
Timothy Coffey Janney Montgomery Scott | Neutral | Downgrade | May 22, 2024 | |
Kelly Motta Keefe, Bruyette & Woods | Market Perform | $19 | Maintains | Apr 26, 2024 |
Andrew Terrell Stephens & Co. | Equal-Weight | $20 | Reiterates | Apr 25, 2024 |
David Chiaverini Wedbush | Neutral | $19 | Reiterates | Apr 25, 2024 |
Erik Zwick Hovde Group | Market Perform | $18 | Downgrade | Apr 22, 2024 |
Kelly Motta Keefe, Bruyette & Woods | Market Perform | $20 | Maintains | Jan 26, 2024 |
David Chiaverini Wedbush | Neutral | $21 | Maintains | Jan 25, 2024 |
Andrew Terrell Stephens & Co. | Equal-Weight | Initiates | Dec 8, 2023 | |
David Chiaverini Wedbush | Neutral | $17 | Maintains | Oct 26, 2023 |
Timothy Coffey Janney Montgomery Scott | Buy | Upgrade | May 25, 2023 | |
Kelly Motta Keefe, Bruyette & Woods | Market Perform | $19 | Maintains | Apr 28, 2023 |
Gary Tenner DA Davidson | Neutral | $18 | Maintains | Apr 13, 2023 |
When did it IPO
1992
Staff Count
1,107
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. David A. Brager
Market Cap
$3.25B
In 2023, CVBF generated $547.3M in revenue, which was a decrease of -0.99% from the previous year. This can be seen as a signal that CVBF's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - CVBF has initiated a $10 million share repurchase program, supported by its solid liquidity position.
Why It Matters - CVBF's $10 million share repurchase program signals confidence in its financial health, potentially boosting share value and indicating strong management commitment to returning capital to shareholders.
Summary - CVB Financial Corp. authorized a share repurchase program for up to 10 million shares, effective November 20, 2024, through various buy-back methods.
Why It Matters - The share repurchase program signals confidence in the company's financial health, potentially boosting stock value and indicating a commitment to returning capital to shareholders.
Summary - Genesis Bank announced a $100,000 grant for its Catalyst Empowerment Grant Program from FHLBank San Francisco, in partnership with CVB Financial Corp.
Why It Matters - The $100,000 grant enhances Genesis Bank's community engagement and support for entrepreneurs, potentially boosting its reputation and attracting investors seeking socially responsible initiatives.
Summary - CVB Financial Corp. reported Q3 2024 net earnings of $51.2 million ($0.37 per share), with a return on assets of 1.23% and a net interest margin of 3.05%.
Why It Matters - CVB Financial Corp. showed stable earnings growth quarter-over-quarter but a decline year-over-year, indicating potential challenges ahead. Key metrics like ROAA and NIM are critical for assessing profitability.
Summary - CVB Financial (CVBF) is being evaluated for its Q3 2024 performance, with a focus on key metrics beyond standard Wall Street estimates for a deeper financial insight.
Why It Matters - CVB Financial's upcoming performance metrics can provide deeper insights into its operational efficiency and growth potential, influencing stock valuation and investment decisions.
Summary - CVB Financial (CVBF) reported Q3 earnings of $0.37 per share, surpassing the Zacks estimate of $0.35 but down from $0.42 per share year-over-year.
Why It Matters - CVB Financial's earnings beat estimates, indicating strong performance, but the year-over-year decline may raise concerns about future growth prospects.