CVB Financial (CVBF)

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CVB Financial Corp. Reports Earnings for the Second Quarter 2024
Newsfilter· 2024-07-24 20:45
Net Earnings of $50 million, or $0.36 per share Return on Average Assets of 1.24% Return on Average Tangible Common Equity of 15.51% Net Interest Margin of 3.05% CVB Financial Corp. reported net income of $50.0 million for the quarter ended June 30, 2024, compared with $48.6 million for the first quarter of 2024 and $55.8 million for the second quarter of 2023. Diluted earnings per share were $0.36 for the second quarter, compared to $0.35 for the prior quarter and $0.40 for the same period last year. Net i ...
Analysts Estimate CVB Financial (CVBF) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-17 15:07
Wall Street expects a year-over-year decline in earnings on lower revenues when CVB Financial (CVBF) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on July 24, 2024, might help the stock move higher if these key numbers are better than expect ...
CVB Financial Corp. Announces 139th Consecutive Quarterly Cash Dividend
Newsfilter· 2024-06-26 20:38
ONTARIO, CA, June 26, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the "Company") announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2024. This dividend was approved at the Company's regularly scheduled Board of Directors meeting held on June 26, 2024. The quarterly dividend will be payable on or about July 25, 2024 to shareholders of record as of July 11, 2024. Corporate Overview Shares of CVB Financial Corp. common stock are listed on the NASDAQ u ...
CVB Financial Corp. Announces 139th Consecutive Quarterly Cash Dividend
GlobeNewswire News Room· 2024-06-26 20:38
Corporate Overview Certain matters set forth herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company's current business plans and expectations, growth projections, and our future financial position and operating results. Words such as "will likely result", "aims", "anticipates", "believes", "could", "estimates", "expects", "hopes", "intends", "may", "plans", "projects", "seeks", ...
CVB Financial (CVBF) - 2024 Q1 - Quarterly Report
2024-05-09 15:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 000-10140 CVB FINANCIAL CORP. (Exact name of registrant as specified in its charter) California 95-3629339 (State or other ...
CVB Financial (CVBF) - 2024 Q1 - Earnings Call Transcript
2024-04-25 20:32
CVB Financial Corp. (NASDAQ:CVBF) Q1 2024 Earnings Conference Call April 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 Kelly Motta - KBW David Feaster - Raymond James Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Operator Good morning ladies and gentlemen and welcome to the First Quarter 2024 CVB Financial Corpora ...
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 ...