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Cvb Financial ( (CVBF) ) just unveiled an announcement.
In January 2025, CVB Financial Corp. announced a presentation for institutional investors, reflecting their financial performance for the fourth quarter and year ended 2024. The company reported a net income of $51 million for Q4 2024 and a slight decrease in average loans compared to Q3 2024. Despite challenges, CVB Financial maintains strong asset quality and capital ratios, marking its 191st consecutive quarter of profitability and 141st quarter of cash dividends, underscoring its stable position in the banking industry.
More about Cvb Financial
CVB Financial Corp. is the largest financial institution headquartered in the Inland Empire region of Southern California, founded in 1974. The company operates Citizens Business Bank, which aims to serve the comprehensive financial needs of successful small to medium-sized businesses in California. Its services include relationship banking, real estate, international services, treasury management, and specialty banking, among others. CVB Financial has a strategic focus on growth through acquisitions and expanding its market presence within California.
YTD Price Performance: -0.43%
Average Trading Volume: 840,859
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $2.9B
Learn more about CVBF stock on TipRanks’ Stock Analysis page.
