CVB Financial's Q4 net income rises to $55 mln

Reuters
Jan 22
CVB Financial's Q4 net income rises to $55 mln

Overview

  • California bank's Q4 net income rose to $55 mln from $50.9 mln a year ago, with EPS at $0.40

  • Net interest margin expanded to 3.49% from 3.33% in Q3

  • Company saw a $20.5 mln decrease in nonperforming assets sequentially

Outlook

  • Company did not provide specific guidance for future quarters or full-year results

Result Drivers

  • NET INTEREST INCOME - Increased by $7.1 mln or 6.13% from Q3, driven by higher interest income and lower interest expenses

  • LOAN GROWTH - Loans grew by $228 mln from Q3 2025, contributing to increased earning assets

  • CREDIT LOSS RECAPTURE - $2.5 mln recapture of allowance for credit loss supported earnings

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 EPS

$0.40

Q4 Net Income

$55 mln

Q4 Net Interest Income

$122.66 mln

Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the banks peer group is "buy."

  • Wall Street's median 12-month price target for CVB Financial Corp is $22.50, about 13.9% above its January 20 closing price of $19.76

  • The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNXbWtVnQ

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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