CVB Financial Corp. Reports Earnings for the First Quarter 2024
CVB Financial Corporation (CVBF)
Last cvb financial corporation earnings: 4/22 04:50 pm
Check Earnings Report
US:NASDAQ Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=100224
Company Research
Source: GlobeNewswire
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 fourth quarter of 2023 and $59.3 million for the first quarter of 2023. Diluted earnings per share were $0.35 for the first quarter, compared to $0.35 for the prior quarter and $0.42 for the same period last year. Net income of $48.6 million for the first quarter of 2024 produced an annualized return on average equity (“ROAE”) of 9.31%, an annualized return on average tangible common equity (“ROATCE”) of 15.13%, and an annualized return on average assets
Show less
Read more
Impact Snapshot
Event Time:
CVBF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CVBF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CVBF alerts
High impacting CVB Financial Corporation news events
Weekly update
A roundup of the hottest topics
CVBF
News
- CVB Financial Corp. (NASDAQ: CVBF) had its price target lowered by analysts at Keefe, Bruyette & Woods from $20.00 to $19.00. They now have a "market perform" rating on the stock.MarketBeat
- CVB Financial Corp. (NASDAQ: CVBF) had its "equal weight" rating re-affirmed by analysts at Stephens. They now have a $20.00 price target on the stock.MarketBeat
- CVB Financial Corp. (NASDAQ: CVBF) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $19.00 price target on the stock.MarketBeat
- Bullish CVB Financial Insiders Loaded Up On US$11.1m Of Stock [Yahoo! Finance]Yahoo! Finance
- CVB Financial (CVBF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
CVBF
Earnings
- 4/24/24 - In-Line
CVBF
Sec Filings
- 4/30/24 - Form 4
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- CVBF's page on the SEC website