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Compared to Estimates, CVB Financial (CVBF) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-01-25 01:06
For the quarter ended December 2023, CVB Financial (CVBF) reported revenue of $138.52 million, down 7.6% over the same period last year. EPS came in at $0.39, compared to $0.47 in the year-ago quarter.The reported revenue represents a surprise of +2.70% over the Zacks Consensus Estimate of $134.88 million. With the consensus EPS estimate being $0.38, the EPS surprise was +2.63%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...
CVB Financial (CVBF) Q4 Earnings and Revenues Beat Estimates
Zacks Investment Research· 2024-01-25 00:06
CVB Financial (CVBF) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.63%. A quarter ago, it was expected that this bank holding company would post earnings of $0.40 per share when it actually produced earnings of $0.42, delivering a surprise of 5%.Over the last four quarters, the co ...
CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2023
Newsfilter· 2024-01-24 21:52
Fourth Quarter 2023 Net Earnings of $48.5 million, or $0.35 per share FDIC Special Assessment of $9.2 million ($0.04 decrease in EPS) Full Year 2023 Net Earnings of $221.4 million, or $1.59 per shareEfficiency Ratio of 42.0%Return on Average Assets of 1.35%Return on Average Tangible Common Equity of 18.48% ONTARIO, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the "Company"), announced earnings for the quarter and the year ended De ...
CVB Financial (CVBF) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------------------------------------------------------------------------------------------------|-------|---------------------|-------|-------|-----------|----------|--------------------------------------------------|-------|-------------------|-------|-----------| | Assets | | Carrying \nAmount | | | Level 1 | | Estimated \nLevel 2 \n(Dollars in thousands) | Fair | Value \nLevel 3 | | Total | | Total cash and cash equivalents | $ ...
CVB Financial (CVBF) - 2023 Q3 - Earnings Call Transcript
2023-10-26 20:32
CVB Financial Corporation (NASDAQ:CVBF) Q3 2023 Earnings Conference Call October 26, 2023 10:30 AM ET Company Participants David Brager - President, CEO & Director Allen Nicholson - EVP & CFO Conference Call Participants Matthew Clark - Piper Sandler & Co. Kelly Motta - KBW Gary Tenner - D.A. Davidson & Co. Christina Carrabino - CLC Communications & Consulting Timothy Coffey - Janney Montgomery Scott Operator Good morning, ladies and gentlemen, and welcome to the Third Quarter 2023 CVB Financial Corporation ...
CVB Financial (CVBF) - 2023 Q2 - Quarterly Report
2023-08-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or Commission File Number: 000-10140 California 95-3629339 (State or other jurisdiction of Incorporation or organization) (I.R.S. Employer Identification No.) (909) 980-4030 (Registrant's telephone number, including area code) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by section 13 or 15(d ...
CVB Financial (CVBF) - 2023 Q2 - Earnings Call Presentation
2023-08-01 18:24
Capital • CET1 Ratio = 14.1% • Total Risk-Based Ratio = 14.9% • Tangible Common Equity Ratio = 7.8% cbbank.com • ROATCE = 18.39% • ROAA = 1.36% • NIM = 3.22% • Efficiency Ratio = 40.86% 12 Selected Ratios | --- | --- | --- | --- | --- | --- | --- | --- | |-------------|---------------------------------------------|--------|--------|---------|--------|--------|--------| | | | 2020 | 2021 | 2022 | Q2'22 | Q1'23 | Q2'23 | | | ROATCE | 14.25% | 15.93% | 18.85% | 18.67% | 20.59% | 18.39% | | | NIM | 3.59% | 2.97 ...
CVB Financial (CVBF) - 2023 Q2 - Earnings Call Transcript
2023-07-30 09:24
CVB Financial Corp. (NASDAQ:CVBF) Q2 2023 Earnings Call Transcript July 27, 2023 10:30 AM ET Company Participants Christina Carrabino - Investor Relations Dave Brager - President and Chief Executive Officer Allen Nicholson - Executive Vice President and Chief Financial Officer Conference Call Participants Ben Gerlinger - Hovde Group Gary Tenner - DA Davidson Matthew Clark - Piper Sandler Kelly Motta - KBW Tim Coffey - Janney Montgomery Operator Good morning, ladies and gentlemen, and welcome to the Second Q ...
CVB Financial (CVBF) - 2023 Q1 - Quarterly Report
2023-05-09 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) (cid:0) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 or (cid:0) 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 ...
CVB Financial (CVBF) - 2023 Q1 - Earnings Call Transcript
2023-04-29 14:17
CVB Financial Corp. (NASDAQ:CVBF) Q1 2023 Earnings Conference Call April 27, 2023 10:30 AM ET Company Participants Christina Carrabino - Investor Relations David Brager - President and Chief Executive Officer Allen Nicholson - Executive Vice President and Chief Financial Officer Conference Call Participants David Feaster - Raymond James Gary Tenner - D.A. Davidson Matthew Clark - Piper Sandler Kelly Motta - KBW Timothy Coffey - Janney Scott Montgomery Operator Good morning, ladies and gentlemen, and welcome ...