CVB Financial Corp. Announces Suspension of Stock Repurchase Plan
CVB Financial Corporation (CVBF)
Last cvb financial corporation earnings: 4/22 04:50 pm
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Source: Business Wire
ONTARIO, Calif.--(BUSINESS WIRE)--CVB Financial Corp. (NASDAQ: CVBF) announced today that it will suspend its 10b5-1 stock repurchase program. The Company’s Board of Directors previously authorized the Company to repurchase up to 9,577,917 shares of the Company’s common stock. During the first quarter of 2020, the Company repurchased 4,944,290 shares of common stock, at an average price of $18.54, and as of March 31, 4,585,145 shares remain available for repurchase.The uncertainty of the COVID-19 pandemic presents an unprecedented challenge for global and local economies and as a result has created uncertainty for our customers. David A. Brager, CEO, commented, “We are focused on supporting our customers through this difficult period of time. Citizens Business Bank is confident that our disciplined strategy to maintain strong capital, excellent asset quality, and abundant liquidity have positioned the Bank to successfully support the current and future credit and banking needs of
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- CVB Financial Corp. (NASDAQ: CVBF) had its price target lowered by analysts at Piper Sandler from $25.00 to $23.00. They now have an "overweight" rating on the stock.MarketBeat
- CVB Financial Corp. (NASDAQ: CVBF) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $20.00 price target on the stock.MarketBeat
- CVB Financial (CVBF) Reports Q3 Earnings: What Key Metrics Have to Say [Yahoo! Finance]Yahoo! Finance
CVBF
Earnings
- 10/23/24 - Beat
CVBF
Sec Filings
- 11/7/24 - Form 10-Q
- 10/25/24 - Form 8-K
- 10/24/24 - Form 8-K
- CVBF's page on the SEC website