NASDAQ$CVBF
CVB Financial Corp · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
CVB Financial Corp. reported a decrease in net income and earnings per share for Q4 2023, impacted by an FDIC special assessment.
CVB Financial Corp. reported net income of $48.5 million for the fourth quarter of 2023, a decrease compared to both the previous quarter and the same period last year. Diluted earnings per share were $0.35, also down from prior periods. The results were negatively impacted by a $9.2 million expense accrual for the FDIC's special assessment.
- Net earnings for Q4 2023 were $48.5 million, or $0.35 per share.
- A $9.2 million FDIC special assessment negatively impacted EPS by $0.04.
- Net interest margin was 3.26%, a decline of 5 basis points compared to the prior quarter.
- Total deposits decreased by $429 million on average compared to the prior quarter.
Headline financials
Revenue & EPS history
CVB Financial · Revenue · Quarterly
$139M
Forward guidance
The press release does not contain specific forward guidance. However, it emphasizes the company's commitment to its existing strategy and expresses gratitude to customers and associates.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
+0.0%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+2.2%
Avg return
30 days after
42%
28 / 66 earnings
Positive
+9.1%
Q2 2023
Best reaction
-4.8%
Q3 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.8% | -2.8% | +0.9% | |
| Q4 2025 | -0.2% | -5.8% | -1.5% | |
| Q3 2025 | +0.2% | +2.8% | +4.6% | |
| Q2 2025 | -1.6% | -1.9% | +2.2% | |
| Q1 2025 | -0.5% | +0.9% | -3.6% | |
| Q4 2024 | -0.1% | +1.2% | -4.2% | |
| Q3 2024 | +3.3% | +3.2% | +25.6% | |
| Q2 2024 | -0.6% | -4.1% | -8.5% | |
| Q1 2024 | -3.5% | -3.7% | -4.7% | |
| Q4 2023 | -4.4% | -4.8% | -9.1% | |
| Q3 2023 | +6.6% | +3.1% | +18.4% | |
| Q2 2023 | +9.1% | +14.2% | +5.1% | |
| Q1 2023 | +2.5% | -0.1% | -13.5% | |
| Q4 2022 | -1.7% | -1.7% | +0.1% | |
| Q3 2022 | -0.6% | -3.6% | +0.4% | |
| Q2 2022 | +4.7% | +4.8% | +10.4% | |
| Q1 2022 | +2.5% | +1.9% | +1.4% | |
| Q4 2021 | -1.9% | -3.0% | +4.1% | |
| Q3 2021 | +0.2% | -0.1% | +3.9% | |
| Q2 2021 | -0.7% | +0.2% | +5.2% | |
| Q1 2021 | +0.6% | +3.2% | +7.8% | |
| Q4 2020 | -3.9% | -4.9% | +3.0% | |
| Q3 2020 | +2.9% | +2.6% | +11.7% | |
| Q2 2020 | +2.5% | -1.6% | -1.4% | |
| Q1 2020 | -1.3% | +5.6% | -6.7% | |
| Q4 2019 | +1.6% | -1.6% | -0.9% | |
| Q3 2019 | -4.7% | -1.2% | -1.2% | |
| Q2 2019 | +4.4% | +6.2% | -1.7% | |
| Q1 2019 | +0.7% | +1.4% | -1.7% | |
| Q4 2018 | -0.9% | +0.7% | +3.6% | |
| Q3 2018 | +1.6% | +4.6% | +9.4% | |
| Q2 2018 | +2.5% | +6.3% | +10.1% | |
| Q1 2018 | -0.8% | +1.1% | +3.6% | |
| Q4 2017 | -3.6% | -3.4% | -4.7% | |
| Q3 2017 | +3.6% | +2.7% | -1.0% | |
| Q2 2017 | -0.4% | -1.1% | -6.9% | |
| Q1 2017 | +2.7% | -0.8% | -4.4% | |
| Q4 2016 | +1.6% | +2.9% | +6.6% | |
| Q3 2016 | -0.5% | -0.8% | +24.5% | |
| Q2 2016 | -3.7% | -3.8% | +0.9% | |
| Q1 2016 | -1.3% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | +3.6% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | +1.5% | — | — | |
| Q1 2014 | -2.6% | — | — | |
| Q4 2013 | -3.7% | — | — | |
| Q3 2013 | +1.0% | — | — | |
| Q2 2013 | +6.5% | — | — | |
| Q1 2013 | -1.9% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | +1.1% | — | — | |
| Q2 2012 | -1.3% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2009 | -0.2% | — | — | |
| Q3 2010 | -4.8% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | -3.2% | — | — | |
| Q1 2010 | -0.9% | — | — | |
| Q2 2010 | -0.9% | — | — | |
| Q1 2011 | -0.9% | — | — |
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