CVB FINANCIAL CORP (CVBF) Stock Fundamental Analysis
USA - NASDAQ:CVBF - US1266001056 - Common Stock
19.07 USD
+0.42 (+2.25%)
19.07 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to CVBF. CVBF was compared to 391 industry peers in the Banks industry. CVBF has a medium profitability rating, but doesn't score so well on its financial health evaluation. CVBF is quite expensive at the moment. It does show a decent growth rate. CVBF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CVBF had positive earnings in the past year.
CVBF had a positive operating cash flow in the past year.
CVBF had positive earnings in each of the past 5 years.
CVBF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.31%, CVBF belongs to the top of the industry, outperforming 84.14% of the companies in the same industry.
With a Return On Equity value of 9.03%, CVBF perfoms like the industry average, outperforming 56.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 9.03% | ||
| ROIC | N/A |
ROA(3y)1.37%
ROA(5y)1.33%
ROE(3y)10.57%
ROE(5y)10.13%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 40.22%, CVBF belongs to the top of the industry, outperforming 95.14% of the companies in the same industry.
CVBF's Profit Margin has been stable in the last couple of years.
The Operating Margin and Gross Margin are not available for CVBF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 40.22% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.65%
PM growth 5Y-1.07%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
CVBF does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, CVBF has more shares outstanding
CVBF has less shares outstanding than it did 5 years ago.
CVBF has a worse debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CVBF is 1.71, which is an excellent value as it means it would take CVBF, only 1.71 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.71, CVBF is in line with its industry, outperforming 52.17% of the companies in the same industry.
A Debt/Equity ratio of 0.18 indicates that CVBF is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.18, CVBF is in line with its industry, outperforming 48.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.1%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CVBF shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 0.68%.
The Earnings Per Share has been decreasing by -0.14% on average over the past years.
Looking at the last year, CVBF shows a decrease in Revenue. The Revenue has decreased by -8.31% in the last year.
CVBF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.28% yearly.
EPS 1Y (TTM)0.68%
EPS 3Y-2.62%
EPS 5Y-0.14%
EPS Q2Q%2.7%
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y2.79%
Revenue growth 5Y0.28%
Sales Q2Q%13.17%
3.2 Future
Based on estimates for the next years, CVBF will show a small growth in Earnings Per Share. The EPS will grow by 5.70% on average per year.
CVBF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.56% yearly.
EPS Next Y3.38%
EPS Next 2Y4.39%
EPS Next 3Y5.7%
EPS Next 5YN/A
Revenue Next Year1.51%
Revenue Next 2Y3.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 12.89, the valuation of CVBF can be described as correct.
The rest of the industry has a similar Price/Earnings ratio as CVBF.
CVBF's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.91.
Based on the Price/Forward Earnings ratio of 12.07, the valuation of CVBF can be described as correct.
Based on the Price/Forward Earnings ratio, CVBF is valued a bit more expensive than the industry average as 65.47% of the companies are valued more cheaply.
CVBF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.92, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.89 | ||
| Fwd PE | 12.07 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVBF is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.12 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CVBF does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.81
PEG (5Y)N/A
EPS Next 2Y4.39%
EPS Next 3Y5.7%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.30%, CVBF is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.53, CVBF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, CVBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
5.2 History
The dividend of CVBF has a limited annual growth rate of 3.30%.
CVBF has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of CVBF decreased recently.
Dividend Growth(5Y)3.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
CVBF pays out 55.26% of its income as dividend. This is a bit on the high side, but may be sustainable.
CVBF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP55.26%
EPS Next 2Y4.39%
EPS Next 3Y5.7%
19.07
+0.42 (+2.25%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners76.83%
Inst Owner Change-0.02%
Ins Owners0.69%
Ins Owner Change0.62%
Market Cap2.63B
Revenue(TTM)501.82M
Net Income(TTM)202.33M
Analysts75
Price Target23.26 (21.97%)
Short Float %2.7%
Short Ratio5.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.3% |
Yearly Dividend0.8
Dividend Growth(5Y)3.3%
DP55.26%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.19%
Min EPS beat(2)0.89%
Max EPS beat(2)9.48%
EPS beat(4)4
Avg EPS beat(4)5.36%
Min EPS beat(4)0.89%
Max EPS beat(4)9.48%
EPS beat(8)7
Avg EPS beat(8)3.19%
EPS beat(12)9
Avg EPS beat(12)1.62%
EPS beat(16)12
Avg EPS beat(16)2.58%
Revenue beat(2)0
Avg Revenue beat(2)-5.38%
Min Revenue beat(2)-5.73%
Max Revenue beat(2)-5.03%
Revenue beat(4)0
Avg Revenue beat(4)-4.45%
Min Revenue beat(4)-5.73%
Max Revenue beat(4)-2.96%
Revenue beat(8)0
Avg Revenue beat(8)-4.18%
Revenue beat(12)3
Avg Revenue beat(12)-1.6%
Revenue beat(16)7
Avg Revenue beat(16)1.06%
PT rev (1m)0%
PT rev (3m)2.7%
EPS NQ rev (1m)0.32%
EPS NQ rev (3m)2.03%
EPS NY rev (1m)0.34%
EPS NY rev (3m)1.76%
Revenue NQ rev (1m)2.58%
Revenue NQ rev (3m)0.11%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)-2.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.89 | ||
| Fwd PE | 12.07 | ||
| P/S | 5.23 | ||
| P/FCF | 11.12 | ||
| P/OCF | 10.9 | ||
| P/B | 1.17 | ||
| P/tB | 1.79 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.48
EY7.76%
EPS(NY)1.58
Fwd EY8.29%
FCF(TTM)1.72
FCFY9%
OCF(TTM)1.75
OCFY9.17%
SpS3.65
BVpS16.26
TBVpS10.64
PEG (NY)3.81
PEG (5Y)N/A
Graham Number23.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.31% | ||
| ROE | 9.03% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 40.22% | ||
| GM | N/A | ||
| FCFM | 47% |
ROA(3y)1.37%
ROA(5y)1.33%
ROE(3y)10.57%
ROE(5y)10.13%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-4.65%
PM growth 5Y-1.07%
GM growth 3YN/A
GM growth 5YN/A
F-Score8
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.71 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.94% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 116.85% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score8
WACC9.1%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.94%
Cap/Sales(5y)0.97%
Profit Quality(3y)123.29%
Profit Quality(5y)112.41%
High Growth Momentum
Growth
EPS 1Y (TTM)0.68%
EPS 3Y-2.62%
EPS 5Y-0.14%
EPS Q2Q%2.7%
EPS Next Y3.38%
EPS Next 2Y4.39%
EPS Next 3Y5.7%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y2.79%
Revenue growth 5Y0.28%
Sales Q2Q%13.17%
Revenue Next Year1.51%
Revenue Next 2Y3.56%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-21.72%
FCF growth 3Y8.69%
FCF growth 5Y3.83%
OCF growth 1Y-21.56%
OCF growth 3Y8.56%
OCF growth 5Y3.71%
CVB FINANCIAL CORP / CVBF FAQ
What is the fundamental rating for CVBF stock?
ChartMill assigns a fundamental rating of 4 / 10 to CVBF.
What is the valuation status for CVBF stock?
ChartMill assigns a valuation rating of 3 / 10 to CVB FINANCIAL CORP (CVBF). This can be considered as Overvalued.
How profitable is CVB FINANCIAL CORP (CVBF) stock?
CVB FINANCIAL CORP (CVBF) has a profitability rating of 4 / 10.
Can you provide the expected EPS growth for CVBF stock?
The Earnings per Share (EPS) of CVB FINANCIAL CORP (CVBF) is expected to grow by 3.38% in the next year.
Is the dividend of CVB FINANCIAL CORP sustainable?
The dividend rating of CVB FINANCIAL CORP (CVBF) is 7 / 10 and the dividend payout ratio is 55.26%.