CVB FINANCIAL CORP (CVBF)

US1266001056 - Common Stock

17.84  +0.14 (+0.79%)

After market: 17.84 0 (0%)

Fundamental Rating

4

Overall CVBF gets a fundamental rating of 4 out of 10. We evaluated CVBF against 415 industry peers in the Banks industry. CVBF has only an average score on both its financial health and profitability. CVBF has a valuation in line with the averages, but it does not seem to be growing.



4

1. Profitability

1.1 Basic Checks

CVBF had positive earnings in the past year.
In the past year CVBF had a positive cash flow from operations.
Each year in the past 5 years CVBF has been profitable.
Each year in the past 5 years CVBF had a positive operating cash flow.

1.2 Ratios

CVBF's Return On Assets of 1.37% is amongst the best of the industry. CVBF outperforms 84.58% of its industry peers.
CVBF has a better Return On Equity (10.59%) than 60.72% of its industry peers.
Industry RankSector 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

With an excellent Profit Margin value of 40.19%, CVBF belongs to the best of the industry, outperforming 94.46% of the companies in the same industry.
CVBF's Profit Margin has been stable in the last couple of years.
CVBF does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector 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

4

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
The number of shares outstanding for CVBF has been reduced compared to 5 years ago.
The debt/assets ratio for CVBF has been reduced compared to a year ago.

2.2 Solvency

CVBF has a debt to FCF ratio of 0.93. This is a very positive value and a sign of high solvency as it would only need 0.93 years to pay back of all of its debts.
The Debt to FCF ratio of CVBF (0.93) is better than 76.87% of its industry peers.
CVBF has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
CVBF's Debt to Equity ratio of 0.13 is fine compared to the rest of the industry. CVBF outperforms 70.60% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.13
Debt/FCF 0.93
Altman-Z N/A
ROIC/WACCN/A
WACC7.67%

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A

2

3. Growth

3.1 Past

The earnings per share for CVBF have decreased by -1.81% in the last year.
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

The Earnings Per Share is expected to decrease by -1.09% on average over the next years.
The Revenue is expected to grow by 1.17% on average over the next years.
EPS Next Y-8.4%
EPS Next 2Y-1.09%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-2.92%
Revenue Next 2Y1.17%
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 decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.

4

4. Valuation

4.1 Price/Earnings Ratio

CVBF is valuated reasonably with a Price/Earnings ratio of 10.94.
CVBF's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.48. CVBF is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 11.95 indicates a reasonable valuation of CVBF.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CVBF is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of CVBF to the average of the S&P500 Index (22.79), we can say CVBF is valued slightly cheaper.
Industry RankSector Rank
PE 10.94
Fwd PE 11.95

4.2 Price Multiples

The rest of the industry has a similar Price/Free Cash Flow ratio as CVBF.
Industry RankSector Rank
P/FCF 8.54
EV/EBITDA N/A

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)2.01
EPS Next 2Y-1.09%
EPS Next 3YN/A

6

5. Dividend

5.1 Amount

CVBF has a Yearly Dividend Yield of 4.62%, which is a nice return.
CVBF's Dividend Yield is a higher than the industry average which is at 3.70.
Compared to an average S&P500 Dividend Yield of 2.34, CVBF pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.62%

5.2 History

On average, the dividend of CVBF grows each year by 8.65%, which is quite nice.
CVBF has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)8.65%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

CVBF pays out 50.77% of its income as dividend. 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-1.09%
EPS Next 3YN/A

CVB FINANCIAL CORP

NASDAQ:CVBF (3/28/2024, 8:04:03 PM)

After market: 17.84 0 (0%)

17.84

+0.14 (+0.79%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.49B
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 4.62%
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 RankSector Rank
PE 10.94
Fwd PE 11.95
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)2.01
Profitability
Industry RankSector 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 RankSector 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-8.4%
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