CVB Financial Corp. Reports Earnings for the First Quarter of 2020
CVB Financial Corporation (CVBF)
Last cvb financial corporation earnings: 4/22 04:50 pm
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US:NASDAQ Investor Relations:
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Company Research
Source: Business Wire
172nd Consecutive Quarter of ProfitabilityNet Earnings of $38.0 million for the first quarter of 2020, or $0.27 per shareReturn on Average Tangible Common Equity of 12.27% for the first quarter of 2020TCE Ratio of 11.3%, Total Risk-based Capital Ratio of 15.5% and CET1 Ratio of 14.1%Growth in Noninterest-bearing Deposits of $474 million, or 9% year-over-year ONTARIO, Calif.--(BUSINESS WIRE)--CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2020.CVB Financial Corp. reported net income of $38.0 million for the quarter ended March 31, 2020, compared with $51.3 million for the fourth quarter of 2019 and $51.6 million for the first quarter of 2019. Diluted earnings per share were $0.27 for the first quarter, compared to $0.37 for the prior quarter and $0.37 for the same period last year. The Company adopted the Current Expected Credit Losses (“CECL”) accounting standard for credit losses on J
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CVBF
News
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- Genesis for Good Foundation Awarded a Grant to Empower Small Businesses and Historically Marginalized EntrepreneursBusiness Wire
- 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