CVBF News and Press, CVB Financial Corporation From 01/25/23

Fourth Quarter 2022 Highlights Net Earnings of $66.2 million, or $0.47 per share Return on Average Tangible Common Equity of 23.65% Return on average assets of 1.60% Net Interest Margin expands by 0.23% to 3.69% Efficiency Ratio of 36.31% Fu...

Summary Due to the low sensitivity of the deposit cost to interest rate changes, the margin will continue to expand in upcoming quarters. California's economic activity will likely drive organic loan growth through the end of 2023. The December 2023 target price suggests a moderate ...

ONTARIO, Calif., Dec. 14, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2022. This dividend was approved at the Company’s regularly scheduled Board of D...

ONTARIO, Calif., Nov. 04, 2022 (GLOBE NEWSWIRE) -- It is with great sadness that the Boards of Directors of CVB Financial Corp. (NASDAQ: CVBF) and Citizens Business Bank (CBB) announced the passing of Rodrigo Guerra, Jr., one of our esteemed directors. Mr. Guerra joined our Boards in ...

Summary SLYV implements a value strategy in the S&P 600 SmallCap index. Its valuation metrics and sector breakdown are not very different from the parent index. Neither is past performance since inception, but it has outperformed the S&P 600 this year. Two shortcom...

The following slide deck was published by CVB Financial Corp. in conjunction with their 2022 Q3 earnings call. For further details see: CVB Financial Corp. 2022 Q3 - Results - Earnings Call Presentation

CVB Financial Corp. (CVBF) Q3 2022 Earnings Conference Call October 20, 2022 10:30 AM ET Company Participants Dave Brager – President and Chief Executive Officer Allen Nicholson – Executive Vice President and Chief Financial Officer Conference Cal...

CVB Financial press release ( NASDAQ: CVBF ): Q3 GAAP EPS of $0.46 beats by $0.02 . Revenue of $144.93M (+27.4% Y/Y) beats by $1.63M . For further details see: CVB Financial GAAP EPS of $0.46 beats by $0.02, revenue of $144.93M beats by $1.63M

Third Quarter Highlights: Net Earnings of $64.6 million, or $0.46 per share Return on Average Tangible Common Equity of 21.34% Net Interest Margin expands to 3.46% Efficiency Ratio of 36.59% Quarterly annualized loan growth of 6% ONTAR...

Summary Mostly thanks to very sticky deposit costs, the margin will significantly expand as market interest rates rise. Loan growth will likely dip from the second quarter’s level. However, California’s economic activity will likely keep it at a decent level. The...