CVB FINANCIAL CORP (CVBF)
US1266001056 - Common Stock
We assign a fundamental rating of 4 out of 10 to CVBF. CVBF was compared to 411 industry peers in the Banks industry. Both the profitability and the financial health of CVBF get a neutral evaluation. Nothing too spectacular is happening here. CVBF has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CVBF was profitable.
In the past year CVBF had a positive cash flow from operations.
In the past 5 years CVBF has always been profitable.
Each year in the past 5 years CVBF had a positive operating cash flow.
1.2 Ratios
CVBF has a better Return On Assets (1.37%) than 85.64% of its industry peers.
The Return On Equity of CVBF (10.59%) is better than 63.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 10.59% | ||
| ROIC | N/A |
ROA(3y)1.37%
ROA(5y)1.44%
ROE(3y)10.92%
ROE(5y)10.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CVBF's Profit Margin of 40.19% is amongst the best of the industry. CVBF outperforms 94.89% of its industry peers.
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) | 40.19% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y1.97%
PM growth 5Y0.79%
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 less shares outstanding
Compared to 5 years ago, CVBF has less shares outstanding
The debt/assets ratio for CVBF has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CVBF is 0.93, which is an excellent value as it means it would take CVBF, only 0.93 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CVBF (0.93) is better than 76.64% of its industry peers.
A Debt/Equity ratio of 0.13 indicates that CVBF is not too dependend on debt financing.
With a decent Debt to Equity ratio value of 0.13, CVBF is doing good in the industry, outperforming 70.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 0.93 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC8.04%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CVBF shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.81%.
Measured over the past 5 years, CVBF shows a small growth in Earnings Per Share. The EPS has been growing by 5.45% on average per year.
Looking at the last year, CVBF shows a decrease in Revenue. The Revenue has decreased by -1.47% in the last year.
The Revenue has been growing slightly by 6.88% on average over the past years.
EPS 1Y (TTM)-1.81%
EPS 3Y7.83%
EPS 5Y5.45%
EPS growth Q2Q-17.02%
Revenue 1Y (TTM)-1.47%
Revenue growth 3Y5.51%
Revenue growth 5Y6.88%
Revenue growth Q2Q-7.59%
3.2 Future
Based on estimates for the next years, CVBF will show a decrease in Earnings Per Share. The EPS will decrease by -1.04% on average per year.
Based on estimates for the next years, CVBF will show a small growth in Revenue. The Revenue will grow by 1.00% on average per year.
EPS Next Y-8.24%
EPS Next 2Y-1.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.1%
Revenue Next 2Y1%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CVBF is valuated reasonably with a Price/Earnings ratio of 10.08.
CVBF's Price/Earnings ratio is in line with the industry average.
CVBF is valuated cheaply when we compare the Price/Earnings ratio to 25.25, which is the current average of the S&P500 Index.
CVBF is valuated reasonably with a Price/Forward Earnings ratio of 10.99.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVBF is on the same level as its industry peers.
CVBF's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 21.67.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | 10.99 |
4.2 Price Multiples
CVBF's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.88 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.85
EPS Next 2Y-1.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVBF has a Yearly Dividend Yield of 4.68%, which is a nice return.
Compared to an average industry Dividend Yield of 3.89, CVBF pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.45, CVBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
5.2 History
On average, the dividend of CVBF grows each year by 8.65%, which is quite nice.
CVBF has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.65%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
50.77% of the earnings are spent on dividend by CVBF. This is a bit on the high side, but may be sustainable.
CVBF's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP50.77%
EPS Next 2Y-1.04%
EPS Next 3YN/A
CVB FINANCIAL CORP
NASDAQ:CVBF (4/25/2024, 2:50:59 PM)
16.43
-0.66 (-3.86%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.29B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.68% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.08 | ||
| Fwd PE | 10.99 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)1.85
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.37% | ||
| ROE | 10.59% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 40.19% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-1.81%
EPS 3Y7.83%
EPS 5Y
EPS growth Q2Q
EPS Next Y-8.24%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-1.47%
Revenue growth 3Y5.51%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y