Raymond James Upgrades CVB Financial Corp. to 'Buy'
Analyst Michael Rose set a $25 price target for CVBF, a 10.86% upside from the current price.
Key Points
- Raymond James analyst Michael Rose upgraded CVB Financial Corp. (CVBF) to 'buy' with a $25 price target on July 1, 2026.
- Raymond James's $25 price target implies 10.86% upside from CVB Financial Corp.'s ($CVBF) current $22.55 share price.
- Shares of CVBF traded around $22.55 on Wednesday, with a market cap of approximately $3.98 billion and a P/E ratio of 14.74.
- Insiders have been actively trading CVBF shares, with recent transactions involving both sales and purchases by executives.
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Raymond James has upgraded CVB Financial Corp. (NasdaqGS: CVBF) to a 'buy' rating, setting a price target of $25. This change, made by analyst Michael Rose on July 1, 2026, reflects a positive outlook on the company's future performance.
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Other Institutional Activity in CVB Financial Corp.
Several major funds have recently adjusted their positions in CVB Financial Corp. BlackRock, Inc. slightly trimmed its stake by 135,924 shares, bringing its total to about 19.03 million shares worth $368.9 million. State Street Corp increased its holdings by 1,280,967 shares, ending with 7.96 million shares valued at $154.3 million, marking a 19.2% increase. Vanguard Portfolio Management LLC opened a new position with 7.89 million shares valued at approximately $153 million. Dimensional Fund Advisors LP added 331,307 shares, raising its stake by 4.5% to 7.61 million shares, worth about $147.6 million.
CVB Financial Corp. Stock Up 1.6%
Shares of CVB Financial Corp. traded near $22.55 on Wednesday. The company boasts a market capitalization of around $3.98 billion, with a P/E ratio of 14.74 and a forward P/E of 11.91. The stock's 52-week range is between $17.95 and $22.57. It has a 50-day moving average of $20.58 and a 200-day moving average of $19.75.
$CVBF price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its most recent earnings report, CVB Financial Corp. posted revenue of $519.4 million, showing a slight growth of 0.3%. The company reported an EPS of $1.53, with a net margin of 40.3% and a return on equity of 9.2%. The next earnings announcement is scheduled for July 22, 2026.
Dividend
CVB Financial Corp. offers an annual dividend rate of $0.80, yielding 3.55% at the current share price. The dividend payout ratio is 52.3%.
Insider Buying and Selling at CVB Financial Corp.
Recent insider activity at CVB Financial Corp. includes several transactions. On June 5, 2026, EVP & General Counsel Richard Wohl sold 8,944 shares at an average price of $20.50. EVP Chief Risk Officer Yamynn Deangelis sold 11,109 shares on June 1, 2026, at $20.10 per share. On May 22, 2026, George Borba Jr. purchased 48,894 shares at $20.45 each. Earlier, on May 20, 2026, multiple insiders, including George Borba Jr., Raymond Brien III, and Jane Olvera, bought 4,187 shares each, although these transactions were recorded at a price of $0, indicating possible compensation-related moves.
Analysts Set New Price Targets
On July 1, 2026, Raymond James upgraded CVB Financial Corp. to 'buy' with a $25 target. Previously, on June 16, 2026, Stephens & Co. reiterated a 'hold' rating with a $23 target. Piper Sandler maintained a 'buy' rating on April 27, 2026, with a $27 target. The consensus rating is 'hold', with an average target price of $24 based on five analyst opinions.
About CVB Financial Corp.
CVB Financial Corp. is a bank holding company for Citizens Business Bank, providing a range of financial services to small and mid-sized businesses and individuals. Headquartered in Ontario, California, it offers products like checking and savings accounts, commercial lending, and real estate loans. The company, led by CEO David A. Brager, operates primarily in the regional banking sector and employs over 1,000 people.
Bottom Line
Raymond James' upgrade of CVB Financial Corp. to 'buy' with a $25 target reflects a positive sentiment towards the company's potential. Investors often track such analyst actions for insights, though it's important to remember that these ratings are based on past performance and projections. As always, careful consideration of the full financial picture is crucial.
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