CVB Financial (CVBF) Stock Forecast & Price Target

CVB Financial Corp is projected to see an increase in its earnings per share (EPS) for 2025 and 2026, with estimates rising from $1.40 and $1.42 to $1.47 and $1.51, respectively, driven by a higher net interest margin (NIM), improved fee income, and a reduction in non-interest expenses (NIE). The company also anticipates achieving its low-single-digit NIE growth target for fiscal year 2025, alongside modest growth in fee income. Despite a slight uptick in non-performing assets (NPAs) attributed to a specific past-due SBA credit, the overall financial outlook remains positive due to strong performance in other areas, including successful upgrades in classified commercial real estate.

CVB Financial Corp reported a core noninterest income of $14.7 million, reflecting a 9% decrease quarter-over-quarter, despite some positive contributions from areas such as BOLI and trust services. The net interest margin (NIM) was recorded at 3.31%, indicating a slight decline in average earning asset yields, which poses a challenge to overall profitability amidst declining deposit yields. Additionally, a decline of 2.7% in noninterest expense (NIE) further underscores potential cost pressures as revenues drop, casting a negative outlook on the financial stability of the institution.