CVB Financial (CVBF)
Search documents
CVB Financial (CVBF) - 2024 Q1 - Earnings Call Presentation
2024-04-25 16:59
➢ New markets 20 CVBF KRX ACL Nine Quarter Trend 3 Forward Looking Statements cbbank.com | --- | --- | |----------------------------------------------------------------------|---------------| | | | | | | | ▪ Total Assets: $16.5 Billion | | | ▪ Gross Loans: $ 8.8 Billion ▪ Total Deposits (Including Repos): | $12.2 Billion | | ▪ Total Equity: $ 2.1 Billion | | ➢ 188 Consecutive Quarters of Profitability ➢ Forbes, Best Banks in America (2016 – 2024) ➢ Ranked in S&P Global Market Intelligence's Top 50 2024 Publ ...
CVB Financial (CVBF) - 2024 Q1 - Quarterly Results
2024-04-25 10:05
CVB Financial Corp. 701 North Haven Ave., Suite 350 Contact: David A. Brager President and Chief Executive Officer (909) 980-4030 First Quarter 2024 • Net Earnings of $48.6 million, or $0.35 per share • Return on Average Assets of 1.21% • Return on Average Tangible Common Equity of 15.13% • Net Interest Margin of 3.10% CVB Financial Corp. reported net income of $48.6 million for the quarter ended March 31, 2024, compared with $48.5 million for the fourth quarter of 2023 and $59.3 million for the first quart ...
CVB Financial (CVBF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-04-25 00:01
For the quarter ended March 2024, CVB Financial (CVBF) reported revenue of $126.57 million, down 8.9% over the same period last year. EPS came in at $0.35, compared to $0.42 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $127.87 million, representing a surprise of -1.01%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.35.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...
CVB Financial (CVBF) Matches Q1 Earnings Estimates
Zacks Investment Research· 2024-04-24 23:05
CVB Financial (CVBF) came out with quarterly earnings of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this bank holding company would post earnings of $0.38 per share when it actually produced earnings of $0.39, delivering a surprise of 2.63%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.CVB Financial, whic ...
CVB Financial Corp. Reports Earnings for the First Quarter 2024
Newsfilter· 2024-04-24 20:45
First Quarter 2024 Net Earnings of $48.6 million, or $0.35 per share Return on Average Assets of 1.21%Return on Average Tangible Common Equity of 15.13% Net Interest Margin of 3.10% ONTARIO, CA, April 24, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the "Company"), announced earnings for the quarter ended March 31, 2024. CVB Financial Corp. reported net income of $48.6 million for the quarter ended March 31, 2024, compared with $48.5 million for the ...
CVB Financial Corp. Announces 138th Consecutive Quarterly Cash Dividend
Newsfilter· 2024-03-20 20:54
ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) (the "Company") announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024. This dividend was approved at the Company's regularly scheduled Board of Directors meeting held on March 20, 2024. The quarterly dividend will be payable on or about April 17, 2024 to shareholders of record as of April 3, 2024. "We are pleased to announce our 138th consecutive quarterly cash dividend paid to our s ...
CVB Financial: Navigating Through A Tough CRE Backdrop
Seeking Alpha· 2024-03-15 17:55
sshepard Shares of California bank holding company CVB Financial Corp. (NASDAQ:CVBF) have fallen some 20% since December 2023 on a plethora of nagging concerns regarding the regional bank sector. That said, 2023 was the business-centric bank's second most profitable year in its history, and it has been in the black every quarter since 1977. With a 4.8% dividend yield but 76% of its loan portfolio in commercial real estate, the recent insider buying merited a deeper dive. An analysis follows below. Seeking A ...
CVB Financial (CVBF) - 2023 Q4 - Annual Report
2024-02-27 16:00
We monitor our operational and technological capabilities and make modifications and improvements when we believe it will be cost effective to do so. We may build and maintain these capabilities ourselves, or we may outsource some of these functions to third parties. If we experience difficulties, fail to comply with banking regulations or keep up with increasingly sophisticated technologies, our operations could be interrupted. If an interruption were to continue for a significant period of time, our busin ...
CVB Financial (CVBF) - 2023 Q4 - Earnings Call Transcript
2024-01-25 16:34
CVB Financial Corp. (NASDAQ:CVBF) Q4 2023 Earnings Conference Call January 25, 2024 10:30 AM ET Company Participants Christina Carrabino - Investor Relations Dave Brager - President & Chief Executive Officer Allen Nicholson - Executive Vice President & Chief Financial Officer Conference Call Participants Matthew Clark - Piper Sandler Tim Coffey - Janney Montgomery Scott Matt Fedorjaka - KBW Operator Good morning, ladies and gentlemen, and welcome to the Fourth Quarter and Year Ended 2023 CVB Financial Corpo ...
CVB Financial (CVBF) - 2023 Q4 - Earnings Call Presentation
2024-01-25 15:30
0.8% 0.8% 0.6% 0.7% 0.7% 0.7% 0.8% 1.0% 1.1% 1.0% 0.9% 0.9% 0.8% 0.6% 0.6% 0.7% 0.7% 0.9% 0.7% 0.9% 0.7% 0.9% 1.0% 1.2% 1.8% 1.7% 1.6% 1.5% 1.5%1.5% 1.5% 1.4% 1.5% 1.6% 1.9% 2.1% 2.1% 2.0% 1.8% 1.6% 1.5% 1.4% 1.3%1.2% 1.2% 1.2% 1.4% 26 SFR mortgage CRE - Non-owner occupied Loans by Type Loan Trends $6,885 $6,950 $6,904 $6,843 $6,785 $521 $503 $470 $462 $467 Commercial Real Estate Loans Owner/Non-Owner Occupied 30 cbbank.com | --- | --- | --- | --- | |--------------------------------------------------------- ...