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Cvb Financial Corp   (CVBF)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Cvb Financial Corp

CVBF's Financial Statements and Analysis



Cvb Financial Corp reported in the third quarter of 2023 net earnings per share of $0.42 a decrease by -8.7 % year on year from $0.46 and an improvement of 5 % from $0.40 realized in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.42 $  136 Mill
$-0.04     -8.7 % $-7M     -5.07 %



Cvb Financial 's Revenue fell by -5.07 % in third quarter of 2023 (Sep 30 2023) year on year, to $136 million and advanced by 3.03 % sequentially.


Cvb Financial is

More on CVBF's Income Statement



Cvb Financial 's net income of $57.887 million in the third quarter of 2023 decreased by -10.45 % from net earnings of $64.639 million achieved in III. Quarter a year ago.

Sequentially net earnings grew by 3.8 % from net income of $55.770 million realized in previous quarter.

More on CVBF's Growth

Cvb Financial Inventories
In Sep 30 2023 company's net cash and cash equivalents decreased by $-378 million, capital expenditures grew by -1.75-69.66%, to $-1 millions compare to same quarter a year ago

More on CVBF's Cash flow Statement


Cvb Financial Corp payed out dividend of $0.80 per share in last 52 weeks representing 46.78 % of net earning per share in trailing twelve-month period.

During the same period Cvb Financial Corp earned $ 2.31 cash per share, on a free-cash flow basis 134.86 % of net earning per share.

Book value fell by -1.37 % sequentially to $14.16 per share.
Tangible Book value fell to $ 8.48 per share from $ 8.73.

Company repurchased 1.60 million shares or 1.15 % in Sep 30 2023.
Interest Coverage Ratio was 4.96. Debt Coverage Ratio was 0.25.

More on CVBF's Dividends

 Market Capitalization (Millions) 2,306
 Shares Outstanding (Millions) 138
 Total Debt (Millions $) 1,390
 Revenue (TTM) (Millions $) 552
 Net Income (TTM) (Millions $) 239
 Cash Flow (TTM) (Millions $) -78
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 0.8 $
 Dividend Yield TTM (%) 4.84 %
 Employees (TTM) $ 100




Cvb Financial Corp payed out dividend of $0.80 per share in the last 52 weeks representing 46.78 % of net earning per share in trailing twelve-month period.

During the same period Cvb Financial Corp had $ 2.31 cash flow per share, on a free-cash flow basis 134.86 % of net earning per share.

Book value fell by -1.37 % sequentially to $14.16 per share.
Tangible Book value fell to $ 8.48 per share from $ 8.73.

Company repurchased 1.60 million shares or 1.15 % in Sep 30 2023.
Interest Coverage Ratio was 4.96. Debt Coverage Ratio was 0.25.

More on CVBF's Balance Sheets

 Market Capitalization (Millions) 2,306
 Shares Outstanding (Millions) 138
 Total Debt (Millions $) 1,390
 Revenue (TTM) (Millions $) 552
 Net Income (TTM) (Millions $) 239
 Cash Flow (TTM) (Millions $) -78
 Capital Exp. (TTM) (Millions $) -4
 Dividend TTM ($) 0.8 $
 Dividend Yield TTM (%) 4.84 %
 Employees (TTM) $ 100
   


  News about Cvb Financial Corp Earnings

CVBF's Profits Take a Dip: Revenue Falls by -5.071% in Third Quarter of 2023 Earnings Season

As an analyst covering the financial markets, I have been closely following the recent financial results of CVB Financial Corp. This renowned financial institution had a weak July to September 30, 2023, time-frame, with earnings decreasing by -8.7% to $0.42 per share and revenue decreasing by -5.071% to $135.68 million, year on year. However, when compared to the preceding period, the income actually improved by 5% from $0.40 per share and revenue grew by 3.029% from $131.69 million.
One notable aspect of these financial results is the net earnings, which saw a decline of -10.45% from $64.639 million in the corresponding period a year before to $57.887 million in the July to September 30, 2023, time-fram...

Lackluster Q2 Results Paint a Bleak Picture for Cvb Financial Corp in 2023

CVBF, also known as Cvb Financial Corp, recently released their disappointing results for the...

Impressive Double-Digit Revenue Surge Propels Cvb Financial Corp's Success in Latest Fiscal Period

Investors in the stock market have good reason to smile with the latest news on Cvb Financial's Q1 2023 revenues. With an impressive year-on-year increase of 13.01% to reach a cumulative value of $561 million, the company's revenue per employee grew on a trailing twelve months basis to a massive $5,607,280. This shows the strong productivity and hard work of Cvb Financial's 100 employees who managed to beat the company average in their output.
In comparison with other companies within the financial sector, Cvb Financial still ranks highly among its peers, with only 12 other companies achieving higher revenue per employee. This is no mean feat and attests to the company's strong policies and efficient man...


Date modified: 2023-11-12T12:31:04+00:00





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