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CVB Financial Corp. - CVBF STOCK NEWS

Welcome to our dedicated news page for CVB Financial (Ticker: CVBF), a resource for investors and traders seeking the latest updates and insights on CVB Financial.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CVB Financial's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CVB Financial's position in the market.

News
CVB Financial Corp. Reports Earnings for the First Quarter 2024
Rhea-AI Summary
CVB Financial Corp. reported first quarter 2024 net earnings of $48.6 million, or $0.35 per share, with a return on average assets of 1.21% and a return on average tangible common equity of 15.13%. Despite a decline in net interest margin and an increase in cost of funds, the company remains profitable with consecutive quarters of profitability and dividend payments. Total assets increased, while loans decreased slightly. Noninterest income and expense details are provided along with asset quality metrics.
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CVB Financial Corp. Announces 138th Consecutive Quarterly Cash Dividend
Rhea-AI Summary
CVB Financial Corp. (CVBF) declares a $0.20 per share cash dividend for Q1 2024, approved at the Board of Directors meeting. Shareholders to receive the dividend in April 2024.
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Rhea-AI Sentiment
End-of-Day
0.87%
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dividends
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CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2023
Rhea-AI Summary
CVB Financial Corp. (NASDAQ:CVBF) reported fourth quarter 2023 net earnings of $48.5 million, or $0.35 per share, impacted by a $9.2 million FDIC special assessment expense, resulting in a decrease in EPS. For the full year 2023, net earnings were $221.4 million, or $1.59 per share. The efficiency ratio was 42.0% with a return on average assets of 1.35% and a return on average tangible common equity of 18.48%. The company's net interest margin decreased by 5 basis points compared to the prior quarter, total deposits decreased, and total borrowings increased. Noninterest income increased, led by BOLI restructuring, while noninterest expense rose due to the FDIC special assessment. The company's effective tax rate was 34.97% for the fourth quarter and 29.80% for the full year 2023.
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End-of-Day
-3.64%
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earnings
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CVB Financial Corp. Announces 137th Consecutive Quarterly Cash Dividend
Rhea-AI Summary
CVB Financial Corp. (NASDAQ: CVBF) announces a twenty cent ($0.20) per share cash dividend for the fourth quarter of 2023
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End-of-Day
0.79%
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dividends
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CVB Financial Corp. Reports Earnings for the Third Quarter 2023
Rhea-AI Summary
CVB Financial Corp. (NASDAQ:CVBF) reported net income of $57.9 million for the third quarter of 2023, with diluted earnings per share of $0.42. The company achieved an annualized return on average tangible common equity of 18.82% and an annualized return on average assets of 1.40%. Net interest income was $123.4 million, representing a 3.21% increase from the previous quarter. Noninterest income was $14.3 million, and noninterest expense was $55.1 million.
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End-of-Day
7.28%
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CVB Financial Corp. Announces 136th Consecutive Cash Dividend
Rhea-AI Summary
CVB Financial Corp. announces $0.20 per share cash dividend for Q3 2023
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End-of-Day
-0.9%
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dividends
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CVB Financial Corp. Reports Earnings for the Second Quarter 2023
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End-of-Day
4.83%
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CVB Financial Corp. Announces 135th Consecutive Cash Dividend
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End-of-Day
-4.21%
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CVB Financial Corp. Reports Earnings for the First Quarter 2023
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End-of-Day
0.4%
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CVB Financial Corp. (holding company for Citizens Business Bank) Ranked the Third Best-Performing U.S. Public Bank by S&P Global Market Intelligence
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End-of-Day
-3.08%
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Stock CVBF logo
CVB Financial Corp.

Nasdaq:CVBF

CVBF Rankings

#1763 Ranked by Market Cap
#4523 Ranked by Stock Gains
#669 Ranked by Dividends

CVBF Stock Data

2.26B
130.88M
5.95%
76.03%
4.54%
Commercial Banking
Finance and Insurance
Link
US
Ontario

About CVBF

citizens business bank is consistently recognized as one of the top performing banks in the nation. the bank offers a wide array of banking, lending, and investing* services through 67 business financial centers and 3 trust office locations serving the inland empire, los angeles county, orange county, san diego county, ventura county, santa barbara county, and the central valley area of california. cvb financial corp. (“cvbf”) is the holding company for citizens business bank. cvbf is one of the 10 largest bank holding companies headquartered in california¹ with assets of approximately $11.8 billion shares of cvbf common stock are listed on the nasdaq under the ticker symbol “cvbf.” for investor information on cvbf, visit our citizens business bank website at cbbank.com and click on the “investors” tab. contact us today 888.228.2265 | cbbank.com member fdic | equal housing lender | equal opportunity employer | nmls #417441 *not fdic insured | not bank guaranteed | may lose value ¹as of