A Business at a Glance
0 of 1 daily views used (1 remaining). Sign up free for +5 more daily views (6 total), or try AAPL for a full preview.
CVB FINANCIAL CORP
CVBF
$3.1B
Mkt Cap
$22.56
+0.89%
CVB FINANCIAL CORP (CVBF) has a current P/E ratio of 14.8, compared to its historical median P/E of 12.6. The stock is currently considered Fair based on its historical valuation range.
CVB FINANCIAL CORP (CVBF) has a 5-year average return on invested capital (ROIC) of 10.3%. This indicates solid capital allocation.
CVB FINANCIAL CORP (CVBF) has a market capitalization of $3.1B. It is classified as a mid-cap stock.
Yes, CVB FINANCIAL CORP (CVBF) pays a dividend with a trailing twelve-month yield of 3.60%. The company also returns capital through share buybacks, with a buyback yield of 2.63%.
Based on historical P/E analysis, CVB FINANCIAL CORP (CVBF) appears fair. The current P/E of 14.8 is 18% above its historical median of 12.6. The estimated fair value CAGR (P/E method) is 2.7%.
CVB FINANCIAL CORP (CVBF) operates in the State Commercial Banks industry, within the Financials sector.
CVB FINANCIAL CORP (CVBF) reported annual revenue of $648 million in its most recent fiscal year, based on SEC EDGAR filings.
CVB Financial Corp. CVB Financial Corp. (referred to herein on an unconsolidated basis as “CVB” and on a consolidated basis as “we”, “our” or the “Company”) is a bank holding company incorporated in California on April 27, 1981 and registered with the Board of Governors of the Federal Reserve System (“Federal Reserve”) under the Bank Holding Company Act of 1956, as amended (the “BHCA”). The Company commenced business on December 30, 1981 when, pursuant to a reorganization, it acquired all of the voting stock of Chino Valley Bank. On March 29, 1996, Chino Valley Bank changed its name to Citizens Business Bank, and on December 15, 2025, Citizens Business Bank changed its name to Citizens Business Bank, National Association (“CBB” or the “Bank”). The Bank is our principal asset. The Company has one inactive subsidiary, Chino Valley Bancorp.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 648M | 648M | 685M | 666M | 565M | 468M |
| Net Income | 208M | 208M | 199M | 220M | 234M | 212M |
| EPS | $1.52 | $1.52 | $1.44 | $1.59 | $1.67 | $1.56 |
| Free Cash Flow | 217M | 217M | 245M | 291M | 268M | 191M |
| ROIC | 12.1% | 9.3% | 9.3% | 10.9% | 11.6% | 10.3% |
| Gross Margin | 83.8% | 83.8% | 84.2% | 81.9% | 97.4% | 93.3% |
| Debt/Equity | 0.00 | 5.81 | 0.23 | 0.48 | 0.51 | 0.00 |
| Dividends/Share | $0.81 | $0.80 | $0.80 | $0.80 | $0.77 | $0.72 |
| Operating Income | 314M | 314M | 314M | 314M | 328M | 298M |
| Operating Margin | 48.4% | 48.4% | 45.9% | 47.2% | 58.1% | 63.6% |
| ROE | 9.1% | 9.3% | 9.3% | 10.9% | 11.6% | 10.3% |
| Shares Outstanding | 137M | 137M | 138M | 138M | 140M | 136M |
| Metric | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||
| Revenue | 289M | 295M | 301M | 329M | 405M | 517M | 480M | 468M | 565M | 666M | 685M | 648M | 648M |
| Gross Margin | 88.8% | 95.2% | 95.2% | 94.9% | 96.5% | 94.8% | 92.1% | 93.3% | 97.4% | 81.9% | 84.2% | 83.8% | 83.8% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 77M | 79M | 83M | 87M | 101M | 119M | 120M | 118M | 132M | 139M | 144M | 144M | 144M |
| EBIT | 163M | 151M | 162M | 189M | 211M | 291M | 250M | 298M | 328M | 314M | 314M | 314M | 314M |
| Op. Margin | 56.3% | 51.3% | 54.0% | 57.3% | 52.1% | 56.3% | 52.0% | 63.6% | 58.1% | 47.2% | 45.9% | 48.4% | 48.4% |
| Net Income | 103M | 99M | 101M | 104M | 152M | 207M | 177M | 212M | 234M | 220M | 199M | 208M | 208M |
| Net Margin | 35.8% | 33.4% | 33.6% | 31.6% | 37.4% | 40.1% | 36.8% | 45.2% | 41.4% | 33.0% | 29.1% | 32.1% | 32.1% |
| Non-Recurring | 800K | 751K | 3.4M | 2.5M | 1.4M | 1.0M | 1.7M | 0 | 0 | 0 | 0 | 0 | 0 |
| Returns on Capital | |||||||||||||
| ROIC | 12.5% | 10.9% | 10.6% | 10.1% | 10.4% | 10.8% | 8.8% | 10.3% | 11.6% | 10.9% | 9.3% | 9.3% | 12.1% |
| ROE | 12.5% | 10.9% | 10.6% | 10.1% | 10.4% | 10.8% | 8.8% | 10.3% | 11.6% | 10.9% | 9.3% | 9.3% | 9.1% |
| ROA | 1.5% | 1.3% | 1.3% | 1.3% | 1.5% | 1.8% | 1.4% | 1.4% | 1.4% | 1.4% | 1.3% | 1.4% | 1.3% |
| Cash Flow | |||||||||||||
| Op. Cash Flow | 88M | 106M | 125M | 138M | 165M | 208M | 185M | 195M | 274M | 296M | 250M | 221M | 221M |
| Free Cash Flow | 86M | 104M | 112M | 134M | 161M | 203M | 180M | 191M | 268M | 291M | 245M | 217M | 217M |
| Owner Earnings | 84M | 102M | 121M | 131M | 155M | 196M | 173M | 184M | 259M | 280M | 234M | 210M | 210M |
| CapEx | 1.9M | 1.9M | 13M | 4.9M | 4.2M | 5.5M | 4.7M | 4.7M | 5.4M | 4.5M | 5.1M | 4.1M | 4.1M |
| Maint. CapEx | 559K | 949K | 1.1M | 4.9M | 6.5M | 6.8M | 6.9M | 6.4M | 6.9M | 6.6M | 5.9M | 4.7M | 4.7M |
| Growth CapEx | 1.3M | 920K | 12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A | 559K | 949K | 1.1M | 4.9M | 6.5M | 6.8M | 6.9M | 6.4M | 6.9M | 6.6M | 5.9M | 4.7M | 4.7M |
| CapEx/OCF | 2.2% | 1.8% | 10.2% | 3.5% | 2.5% | 2.7% | 2.5% | 2.4% | 2.0% | 1.5% | 2.1% | 1.8% | 1.8% |
| Capital Allocation | |||||||||||||
| Dividends Paid | 42M | 49M | 52M | 57M | 66M | 95M | 98M | 98M | 104M | 112M | 112M | 111M | 111M |
| Dividend Yield | 3.9% | 4.0% | 3.9% | 3.2% | 3.1% | 4.1% | 4.8% | 4.2% | 3.5% | 5.1% | 4.7% | 4.3% | 3.6% |
| Share Buybacks | 5.5M | 834K | 1.9M | 1.1M | 7.8M | 2.6M | 93M | 8.3M | 46M | 21M | 2.8M | 81M | 81M |
| Buyback Yield | 0.5% | 0.1% | 0.1% | 0.1% | 0.4% | 0.1% | 4.2% | 0.3% | 1.5% | 0.8% | 0.1% | 3.0% | 2.6% |
| Stock-Based Comp | 3.0M | 2.7M | 2.8M | 3.0M | 3.5M | 5.5M | 5.5M | 5.2M | 7.9M | 9.4M | 10M | 6.2M | 6.2M |
| Debt Repayment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Balance Sheet | |||||||||||||
| Net Debt | 127M | 755M | 778M | 1.1B | 2.1B | -1.9B | -4.4B | -4.9B | -2.5B | -2.2B | -2.2B | N/A | -376M |
| Cash & Equiv. | 106M | 106M | 122M | 144M | 164M | 186M | 2.0B | 1.7B | 203M | 281M | 205M | 376M | 376M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt/Equity | 3.84 | 3.50 | 3.20 | 3.13 | 2.14 | 0.00 | 0.00 | 0.00 | 0.51 | 0.48 | 0.23 | 5.81 | 0.00 |
| Interest Coverage | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.1 |
| Equity | 878M | 923M | 991M | 1.1B | 1.9B | 2.0B | 2.0B | 2.1B | 1.9B | 2.1B | 2.2B | 2.3B | 2.3B |
| Total Assets | 7.4B | 7.7B | 8.1B | 8.3B | 11.5B | 11.3B | 14.4B | 15.9B | 16.5B | 16.0B | 15.2B | 15.6B | 15.6B |
| Total Liabilities | 6.5B | 6.7B | 7.1B | 7.2B | 9.7B | 9.3B | 12.4B | 13.8B | 14.5B | 13.9B | 13.0B | 13.3B | 13.3B |
| Intangibles | 3.2M | 2.3M | 5.0M | 6.8M | 54M | 43M | 34M | 25M | 22M | 15M | 10.0M | 5.8M | 5.8M |
| Retained Earnings | 352M | 400M | 449M | 494M | 576M | 683M | 761M | 876M | 1.0B | 1.1B | 1.2B | 1.3B | 1.3B |
| Working Capital | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Per Share Data | |||||||||||||
| EPS | 0.98 | 0.93 | 0.94 | 0.95 | 1.24 | 1.48 | 1.30 | 1.56 | 1.67 | 1.59 | 1.44 | 1.52 | 1.52 |
| Owner EPS | 0.80 | 0.96 | 1.12 | 1.19 | 1.27 | 1.40 | 1.27 | 1.35 | 1.85 | 2.02 | 1.69 | 1.54 | 1.54 |
| Book Value | 8.32 | 8.71 | 9.22 | 9.76 | 15.14 | 14.23 | 14.78 | 15.35 | 13.91 | 15.03 | 15.80 | 16.78 | 16.78 |
| Cash Flow/Share | 0.83 | 1.00 | 1.16 | 1.26 | 1.35 | 1.49 | 1.36 | 1.44 | 1.95 | 2.14 | 1.80 | 1.62 | 1.55 |
| Dividends/Share | 0.40 | 0.48 | 0.48 | 0.54 | 0.56 | 0.72 | 0.72 | 0.72 | 0.77 | 0.80 | 0.80 | 0.80 | 0.81 |
| Shares Out. | 105.6M | 106.1M | 107.5M | 109.5M | 122.2M | 140.1M | 135.8M | 135.6M | 140.1M | 138.3M | 138.4M | 136.8M | 136.8M |
| Valuation | |||||||||||||
| P/E Ratio | 11.2 | 13.1 | 17.6 | 18.6 | 12.3 | 11.4 | 12.4 | 11.6 | 13.5 | 11.8 | 14.5 | 12.7 | 14.8 |
| P/FCF | 13.5 | 12.5 | 15.9 | 14.5 | 11.6 | 11.6 | 12.1 | 12.9 | 11.8 | 8.9 | 11.8 | 12.2 | 14.2 |
| EV/EBIT | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 8.6 |
| Price/Book | 1.3 | 1.4 | 1.8 | 1.8 | 1.0 | 1.2 | 1.1 | 1.2 | 1.6 | 1.3 | 1.3 | 1.2 | 1.3 |
| Price/Sales | 4.0 | 4.3 | 4.6 | 5.6 | 5.4 | 4.7 | 4.4 | 5.1 | 5.5 | 4.1 | 4.8 | 5.1 | 4.8 |
| FCF Yield | 7.4% | 8.0% | 6.3% | 6.9% | 8.6% | 8.6% | 8.2% | 7.7% | 8.4% | 11.2% | 8.4% | 8.1% | 7.0% |
| Market Cap | 1.2B | 1.3B | 1.8B | 1.9B | 1.9B | 2.4B | 2.2B | 2.5B | 3.2B | 2.6B | 2.9B | 2.7B | 3.1B |
| Avg. Price | 10.37 | 11.55 | 12.38 | 16.37 | 17.20 | 16.44 | 15.18 | 17.35 | 21.48 | 15.93 | 17.15 | 18.92 | 22.56 |
| Year-End Price | 10.95 | 12.21 | 16.57 | 17.70 | 15.30 | 16.82 | 16.09 | 18.15 | 22.61 | 18.73 | 20.86 | 19.38 | 22.56 |
CVB FINANCIAL CORP passes 4 of 9 quality checks, suggesting mixed fundamentals.
CVB FINANCIAL CORP trades at 14.8x trailing earnings, compared to its 15-year median P/E of 12.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 14.1x vs a median of 12.0x. The company's 5-year average ROIC is 10.3% with a gross margin of 88.1%. Total shareholder yield (dividends + buybacks) is 6.2%. At current prices, the estimated annualized return to fair value is +6.0%.
CVB FINANCIAL CORP (CVBF) has a net profit margin of 32.1%. This is a strong margin indicating high profitability.
CVB FINANCIAL CORP (CVBF) generated $217 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CVB FINANCIAL CORP (CVBF) has a debt-to-equity ratio of 5.81. This indicates higher leverage, which may increase financial risk.
CVB FINANCIAL CORP (CVBF) reported earnings per share (EPS) of $1.52 in its most recent fiscal year.
CVB FINANCIAL CORP (CVBF) has a return on equity (ROE) of 9.3%. This indicates moderate shareholder returns.
CVB FINANCIAL CORP (CVBF) has a 5-year average gross margin of 88.1%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 17 years of financial data for CVB FINANCIAL CORP (CVBF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CVB FINANCIAL CORP (CVBF) has a book value per share of $16.78, based on its most recent annual SEC filing.