Zacks Rating on CVB Financial Corporation (CVBF)

CVB Financial Corporation (CVBF) : Zacks Investment Research ranks CVB Financial Corporation (CVBF) as 4, which is a Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 6 research analysts is 3, which indicates as a Hold.

CVB Financial Corporation (CVBF) : Currently there are 5 street experts covering CVB Financial Corporation (CVBF) stock. The most bullish and bearish price target for the stock is $18 and $17 respectively for the short term. The average price target of all the analysts comes to $17.2. The estimated standard deviation from the target is $0.57.


Shares of CVB Financial Corp. rose by 1.47% in the last five trading days and 5.49% for the last 4 weeks. CVB Financial Corp. is up 0.98% in the last 3-month period. Year-to-Date the stock performance stands at 3.72%. CVB Financial Corporation (NASDAQ:CVBF): stock turned positive on Tuesday. Though the stock opened at $17.25, the bulls momentum made the stock top out at $17.36 level for the day. The stock recorded a low of $17.09 and closed the trading day at $17.3, in the green by 0.52%. The total traded volume for the day was 292,706. The stock had closed at $17.21 in the previous days trading.

CVB Financial Corp. is a bank holding company. The Company serves as a holding company for Citizens Business Bank (the Bank). The Bank operates through segments: Business Financial and Commercial Banking Centers (Centers) and Treasury. These Centers are the focal points for customer sales and services. All administrative and other smaller operating departments are combined into the Other segment. The Treasury Departments primary focus is managing the Banks investments, liquidity and interest rate risk. The Companys remaining operating segments, which include construction lending, dairy and livestock, and agribusiness lending, leasing, CitizensTrust and centralized functions, form part of the Other segment. As of December 31, 2014, the Company had $7.38 billion in total consolidated assets, $3.76 billion in net loans, $5.6 billion in deposits, $563.6 million in customer repurchase agreements and $199.5 million in Federal Home Loan Bank advances.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.