CVB Financial (NASDAQ:CVBF) Announces Quarterly Earnings Results

CVB Financial (NASDAQ:CVBF) released its quarterly earnings data on Wednesday. The financial services provider reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01), Zacks reports. The business had revenue of $191.74 million for the quarter, compared to the consensus estimate of $192.80 million. CVB Financial had a return on equity of 9.42% and a net margin of 29.54%. During the same period in the previous year, the business posted $0.38 earnings per share.

CVB Financial Trading Down 0.6%

Shares of CVB Financial stock opened at $22.92 on Friday. The business has a fifty day simple moving average of $22.27 and a two-hundred day simple moving average of $21.66. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.75 and a quick ratio of 0.77. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 15.18 and a beta of 0.66. CVB Financial has a 1 year low of $18.01 and a 1 year high of $23.41.

CVB Financial Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.80 annualized dividend and a yield of 3.5%. CVB Financial’s dividend payout ratio (DPR) is currently 55.17%.

Insider Buying and Selling

In related news, Director Mike Maddox purchased 10,000 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were bought at an average price of $22.03 per share, with a total value of $220,300.00. Following the acquisition, the director owned 13,138 shares of the company’s stock, valued at $289,430.14. This trade represents a 318.67% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Brien Raymond V. O. III acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was purchased at an average cost of $22.77 per share, with a total value of $455,400.00. Following the acquisition, the director owned 85,780 shares in the company, valued at $1,953,210.60. The trade was a 30.40% increase in their position. The SEC filing for this purchase provides additional information. 6.40% of the stock is currently owned by corporate insiders.

More CVB Financial News

Here are the key news stories impacting CVB Financial this week:

• Positive Sentiment: Third-quarter net income rose to $78.1 million, or $0.44 per diluted share, from $52.6 million, or $0.38 per share, a year earlier. Net income also increased sharply from $48.3 million in the second quarter. CVB Financial Reports Third-Quarter 2026 Net Income
• Positive Sentiment: Net interest income increased to $179.1 million, while the tax-equivalent net interest margin expanded 17 basis points sequentially to 3.89%. The bank ended the quarter with $20.52 billion in assets, $12.12 billion in loans and $15.73 billion in deposits. CVB Financial Q3 Earnings Call Highlights
• Positive Sentiment: Management said the Heritage merger integration should provide a full-quarter contribution going forward and outlined a goal of approximately 13% EPS growth by 2027, supporting the longer-term earnings outlook. CVB Financial Targets 13% EPS Growth by 2027
• Neutral Sentiment: CVBF repurchased $17.5 million of common stock during the quarter, which may support per-share results, while reported insider activity included more purchases than sales. CVB Financial Reports Earnings Results
• Negative Sentiment: EPS of $0.44 fell slightly short of the $0.45 consensus estimate. Noninterest expense included $8.1 million of Heritage merger-related costs, and the company also reported third-quarter charge-offs, factors that may be tempering the market’s reaction. CVB Financial Lags Q3 Earnings Estimates

Wall Street Analyst Weigh In

CVBF has been the subject of a number of recent analyst reports. Piper Sandler upped their price objective on CVB Financial from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Monday, July 27th. Wall Street Zen raised shares of CVB Financial from a “sell” rating to a “hold” rating in a research note on Saturday, August 15th. Stephens raised CVB Financial from an “equal weight” rating to an “overweight” rating and set a $27.00 target price for the company in a research note on Thursday, August 6th. DA Davidson increased their target price on CVB Financial from $22.50 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Raymond James Financial upgraded shares of CVB Financial from a “market perform” rating to an “outperform” rating and set a $25.00 price target for the company in a report on Wednesday, July 1st. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, CVB Financial currently has a consensus rating of “Moderate Buy” and an average price target of $26.25.

About CVB Financial

CVB Financial Corp. is a bank holding company headquartered in Ontario, California. Its principal subsidiary, Citizens Business Bank, provides banking and financial services to businesses, professionals, and individuals, with a focus on relationship-based commercial banking.

Citizens Business Bank offers business checking and savings accounts, commercial and real estate loans, lines of credit, equipment financing, treasury management, cash management, and international banking services.