CVB Financial (NASDAQ:CVBF) Announces Earnings Results

CVB Financial (NASDAQ:CVBF) issued its earnings results 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. CVB Financial had a net margin of 29.54% and a return on equity of 9.42%. The company had revenue of $191.74 million during the quarter, compared to analyst estimates of $192.80 million. During the same quarter in the previous year, the firm earned $0.38 earnings per share.

CVB Financial Stock Down 0.6%

CVB Financial stock opened at $22.92 on Friday. The company has a current ratio of 0.75, a quick ratio of 0.77 and a debt-to-equity ratio of 0.17. CVB Financial has a 1-year low of $18.01 and a 1-year high of $23.41. The firm’s fifty day simple moving average is $22.27 and its 200-day simple moving average is $21.66. The company has a market capitalization of $4.03 billion, a P/E ratio of 13.89 and a beta of 0.66.

CVB Financial Dividend Announcement

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

CVB Financial News Roundup

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

Insider Buying and Selling at CVB Financial

In other CVB Financial news, Director Mike Maddox acquired 10,000 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were acquired at an average cost of $22.03 per share, for a total transaction of $220,300.00. Following the completion of the purchase, the director owned 13,138 shares of the company’s stock, valued at approximately $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, COO David C. Harvey sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $22.94, for a total value of $917,600.00. Following the transaction, the chief operating officer owned 98,149 shares of the company’s stock, valued at approximately $2,251,538.06. This trade represents a 28.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 6.40% of the company’s stock.

Wall Street Analysts Forecast Growth

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

CVB Financial Company Profile

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.