CVB Financial (CVBF) Stock Forecast & Price Target

CVB Financial Corp has revised its 2025 and 2026 earnings per share (EPS) forecasts upwards to $1.47 and $1.51, respectively, driven by an anticipated increase in net interest margin (NIM), enhanced fee income, and reduced non-interest expenses (NIE). The company is expected to meet its low-single digit growth target for NIE in fiscal year 2025, while fees are projected to increase modestly. Despite a slight rise in non-performing assets (NPAs), related to a singular SBA credit issue, the overall outlook remains positive due to substantial upgrades in classified assets amounting to $17M.

CVB Financial Corp reported a 9% decline in core noninterest income to $14.7 million, indicating challenges in generating revenue from non-lending sources despite some segments performing slightly better. The net interest margin (NIM) decreased to 3.31% due to a slight decline in asset yields, coupled with marginal funding cost relief, which contributed to a less favorable earnings environment. Additionally, net interest expense (NIE) fell by 2.7% to $59.1 million, driven by lower compensation costs, suggesting that cost management may not be sufficient to counterbalance the declines in income and yield metrics.