CVB Financial (CVBF) Beats Q1 Earnings and Revenue Estimates

Core Insights - CVB Financial (CVBF) reported quarterly earnings of $0.36 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, and showing a slight increase from $0.35 per share a year ago, resulting in an earnings surprise of 9.09% [1] - The company achieved revenues of $126.67 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.38%, and showing a marginal increase from $126.57 million year-over-year [2] - CVB Financial has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.34, with projected revenues of $127.35 million, while the estimate for the current fiscal year is $1.39 on revenues of $517.55 million [7] - The trend of estimate revisions for CVB Financial is currently favorable, contributing to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Market Performance - CVB Financial shares have declined approximately 14% since the beginning of the year, compared to a decline of 10.1% for the S&P 500 [3] - The outlook for the industry, particularly the Banks - West sector, is currently in the bottom 43% of over 250 Zacks industries, which may impact the stock's performance [8]