CVB FINANCIAL CORP (CVBF) Stock Fundamental Analysis
USA - NASDAQ:CVBF - US1266001056 - Common Stock
18.62 USD
-0.11 (-0.59%)
18.62 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 not valued too expensively and it also shows a decent growth rate. Finally CVBF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CVBF was profitable.
CVBF had a positive operating cash flow in the past year.
In the past 5 years CVBF has always been profitable.
CVBF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CVBF (1.31%) is better than 84.14% of its industry peers.
The Return On Equity of CVBF (9.03%) is comparable to the rest of the 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.
In the last couple of years the Profit Margin of CVBF has remained more or less at the same level.
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.
CVBF has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CVBF has been reduced compared to 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.
CVBF has a Debt to FCF ratio (1.71) which is comparable to the rest of the 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
WACC9.11%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 0.68% over the past year.
The Earnings Per Share has been decreasing by -0.14% on average over the past years.
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)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
The Earnings Per Share is expected to grow by 5.70% on average over the next years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
CVBF is valuated correctly with a Price/Earnings ratio of 12.58.
Compared to the rest of the industry, the Price/Earnings ratio of CVBF is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 27.57, CVBF is valued rather cheaply.
The Price/Forward Earnings ratio is 11.78, which indicates a very decent valuation of CVBF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVBF indicates a slightly more expensive valuation: CVBF is more expensive than 65.98% of the companies listed in the same industry.
CVBF is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.09, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.58 | ||
| Fwd PE | 11.78 |
4.2 Price Multiples
60.61% of the companies in the same industry are more expensive than CVBF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.85 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)3.72
PEG (5Y)N/A
EPS Next 2Y4.39%
EPS Next 3Y5.7%
5. Dividend
5.1 Amount
CVBF has a Yearly Dividend Yield of 4.27%, which is a nice return.
CVBF's Dividend Yield is a higher than the industry average which is at 3.55.
Compared to an average S&P500 Dividend Yield of 2.32, CVBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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.
CVBF has decreased its dividend recently.
Dividend Growth(5Y)3.3%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
55.26% of the earnings are spent on dividend by CVBF. This is a bit on the high side, but may be sustainable.
The dividend of CVBF is growing, but earnings are growing more, so the dividend growth is sustainable.
DP55.26%
EPS Next 2Y4.39%
EPS Next 3Y5.7%
18.62
-0.11 (-0.59%)
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 Cap2.57B
Revenue(TTM)501.82M
Net Income(TTM)202.33M
Analysts75
Price Target23.26 (24.92%)
Short Float %3.4%
Short Ratio6.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.27% |
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 | 12.58 | ||
| Fwd PE | 11.78 | ||
| P/S | 5.1 | ||
| P/FCF | 10.85 | ||
| P/OCF | 10.64 | ||
| P/B | 1.15 | ||
| P/tB | 1.75 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.48
EY7.95%
EPS(NY)1.58
Fwd EY8.49%
FCF(TTM)1.72
FCFY9.21%
OCF(TTM)1.75
OCFY9.4%
SpS3.65
BVpS16.26
TBVpS10.64
PEG (NY)3.72
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
WACC9.11%
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%