Logo image of CVBF

CVB FINANCIAL CORP (CVBF) Stock Fundamental Analysis

NASDAQ:CVBF - Nasdaq - US1266001056 - Common Stock - Currency: USD

17.72  +0.02 (+0.11%)

After market: 17.78 +0.06 (+0.34%)

Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CVBF. CVBF was compared to 398 industry peers in the Banks industry. There are concerns on the financial health of CVBF while its profitability can be described as average. CVBF does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

In the past year CVBF was profitable.
CVBF had a positive operating cash flow in the past year.
Each year in the past 5 years CVBF has been profitable.
CVBF had a positive operating cash flow in each of the past 5 years.
CVBF Yearly Net Income VS EBIT VS OCF VS FCFCVBF Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M

1.2 Ratios

CVBF has a Return On Assets of 1.32%. This is amongst the best in the industry. CVBF outperforms 85.18% of its industry peers.
The Return On Equity of CVBF (9.11%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA 1.32%
ROE 9.11%
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
CVBF Yearly ROA, ROE, ROICCVBF Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

Looking at the Profit Margin, with a value of 39.71%, CVBF belongs to the top of the industry, outperforming 95.73% 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 RankSector Rank
OM N/A
PM (TTM) 39.71%
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
CVBF Yearly Profit, Operating, Gross MarginsCVBF Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

3

2. Health

2.1 Basic Checks

CVBF does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for CVBF has been increased compared to 1 year ago.
CVBF has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CVBF has a worse debt to assets ratio.
CVBF Yearly Shares OutstandingCVBF Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
CVBF Yearly Total Debt VS Total AssetsCVBF Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

CVBF has a debt to FCF ratio of 1.07. This is a very positive value and a sign of high solvency as it would only need 1.07 years to pay back of all of its debts.
CVBF has a better Debt to FCF ratio (1.07) than 74.87% of its industry peers.
CVBF has a Debt/Equity ratio of 0.12. This is a healthy value indicating a solid balance between debt and equity.
CVBF has a Debt to Equity ratio of 0.12. This is in the better half of the industry: CVBF outperforms 69.35% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 1.07
Altman-Z N/A
ROIC/WACCN/A
WACC9.23%
CVBF Yearly LT Debt VS Equity VS FCFCVBF Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
CVBF Yearly Current Assets VS Current LiabilitesCVBF Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

3

3. Growth

3.1 Past

CVBF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -11.04%.
Measured over the past years, CVBF shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.14% on average per year.
CVBF shows a decrease in Revenue. In the last year, the revenue decreased by -8.31%.
The Revenue has been growing slightly by 0.28% on average over the past years.
EPS 1Y (TTM)-11.04%
EPS 3Y-2.62%
EPS 5Y-0.14%
EPS Q2Q%-5.13%
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y2.79%
Revenue growth 5Y0.28%
Sales Q2Q%-7.49%

3.2 Future

CVBF is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.65% yearly.
Based on estimates for the next years, CVBF will show a small growth in Revenue. The Revenue will grow by 5.83% on average per year.
EPS Next Y-1.04%
EPS Next 2Y3.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year5.34%
Revenue Next 2Y5.83%
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.
CVBF Yearly Revenue VS EstimatesCVBF Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 100M 200M 300M 400M 500M
CVBF Yearly EPS VS EstimatesCVBF Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

3

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 12.22 indicates a correct valuation of CVBF.
CVBF's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 28.29. CVBF is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 12.35, the valuation of CVBF can be described as correct.
Based on the Price/Forward Earnings ratio, CVBF is valued a bit more expensive than 66.58% of the companies in the same industry.
CVBF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.32.
Industry RankSector Rank
PE 12.22
Fwd PE 12.35
CVBF Price Earnings VS Forward Price EarningsCVBF Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

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 RankSector Rank
P/FCF 10.08
EV/EBITDA N/A
CVBF Per share dataCVBF EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.65%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

CVBF has a Yearly Dividend Yield of 4.52%, which is a nice return.
CVBF's Dividend Yield is a higher than the industry average which is at 3.66.
CVBF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.51.
Industry RankSector Rank
Dividend Yield 4.52%

5.2 History

The dividend of CVBF has a limited annual growth rate of 3.30%.
CVBF has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of CVBF decreased recently.
Dividend Growth(5Y)3.3%
Div Incr Years1
Div Non Decr Years1
CVBF Yearly Dividends per shareCVBF Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

CVBF pays out 56.12% of its income as dividend. This is a bit on the high side, but may be sustainable.
CVBF's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP56.12%
EPS Next 2Y3.65%
EPS Next 3YN/A
CVBF Yearly Income VS Free CF VS DividendCVBF Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
CVBF Dividend Payout.CVBF Dividend Payout, showing the Payout Ratio.CVBF Dividend Payout.PayoutRetained Earnings

CVB FINANCIAL CORP

NASDAQ:CVBF (4/21/2025, 4:30:01 PM)

After market: 17.78 +0.06 (+0.34%)

17.72

+0.02 (+0.11%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)01-22 2025-01-22/amc
Earnings (Next)04-23 2025-04-23/amc
Inst Owners77.28%
Inst Owner Change0.92%
Ins Owners0.69%
Ins Owner Change2.79%
Market Cap2.46B
Analysts73.85
Price Target22.59 (27.48%)
Short Float %2.26%
Short Ratio3.82
Dividend
Industry RankSector Rank
Dividend Yield 4.52%
Yearly Dividend0.8
Dividend Growth(5Y)3.3%
DP56.12%
Div Incr Years1
Div Non Decr Years1
Ex-Date04-02 2025-04-02 (0.2)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.54%
Min EPS beat(2)5.01%
Max EPS beat(2)6.07%
EPS beat(4)3
Avg EPS beat(4)2.83%
Min EPS beat(4)-2.45%
Max EPS beat(4)6.07%
EPS beat(8)6
Avg EPS beat(8)1.33%
EPS beat(12)9
Avg EPS beat(12)1.57%
EPS beat(16)12
Avg EPS beat(16)4.08%
Revenue beat(2)0
Avg Revenue beat(2)-3.52%
Min Revenue beat(2)-4.08%
Max Revenue beat(2)-2.96%
Revenue beat(4)0
Avg Revenue beat(4)-4.08%
Min Revenue beat(4)-5.42%
Max Revenue beat(4)-2.96%
Revenue beat(8)1
Avg Revenue beat(8)-3.03%
Revenue beat(12)5
Avg Revenue beat(12)1.36%
Revenue beat(16)9
Avg Revenue beat(16)2.77%
PT rev (1m)-1.27%
PT rev (3m)-1.27%
EPS NQ rev (1m)0.5%
EPS NQ rev (3m)-0.5%
EPS NY rev (1m)0.72%
EPS NY rev (3m)-0.12%
Revenue NQ rev (1m)0.33%
Revenue NQ rev (3m)2.37%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)2.75%
Valuation
Industry RankSector Rank
PE 12.22
Fwd PE 12.35
P/S 4.91
P/FCF 10.08
P/OCF 9.87
P/B 1.13
P/tB 1.75
EV/EBITDA N/A
EPS(TTM)1.45
EY8.18%
EPS(NY)1.43
Fwd EY8.1%
FCF(TTM)1.76
FCFY9.93%
OCF(TTM)1.8
OCFY10.13%
SpS3.61
BVpS15.72
TBVpS10.14
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.32%
ROE 9.11%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 39.71%
GM N/A
FCFM 48.75%
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
ROICexcg growth 3YN/A
ROICexcg 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-Score6
Asset Turnover0.03
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 1.07
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 1.02%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality 122.76%
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score6
WACC9.23%
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)-11.04%
EPS 3Y-2.62%
EPS 5Y-0.14%
EPS Q2Q%-5.13%
EPS Next Y-1.04%
EPS Next 2Y3.65%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-8.31%
Revenue growth 3Y2.79%
Revenue growth 5Y0.28%
Sales Q2Q%-7.49%
Revenue Next Year5.34%
Revenue Next 2Y5.83%
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-15.97%
FCF growth 3Y8.69%
FCF growth 5Y3.83%
OCF growth 1Y-15.51%
OCF growth 3Y8.56%
OCF growth 5Y3.71%