US stock · Financial Services sector · Banks—Regional
C
CVB Financial Corp.
CVBF
NASDAQ13.20
USD
-0.16
(-1.20%)
Market Closed
7.40P/E
8Forward P/E
0.30P/E to S&P500
1.839BMarket CAP
5.91%Div Yield
Upcoming Earnings
18 Jul-24 Jul
Shares Short
5/15/23
9.97M
Short % of Float
10.36%
Short % of Shares Outs.
7.16%
% Held by Insiders
5.39%
% Held by Institutions
74.65%
Beta
0.35
PEG Ratio
0.78
52w. high/low
29.25/10.66
Avg. Daily Volume
1.65M
Return %
Stock
S&P 500
1 year
(46.79)
3.92
3 years
(36.74)
34.34
5 years
(43.43)
55.95
Scale: |
High
Low
15.75
7.12
12.11
4.91
11.85
6.61
10.27
7.28
12.95
9.43
17.48
10.29
17.08
13.35
18.77
14.53
23.23
14.02
25.49
19.58
25.14
19.21
23.18
19.83
22.22
14.91
25.00
18.72
29.25
21.36
25.98
10.66
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
2.29
2.74
3.27
3.00
2.56
2.40
2.30
2.59
2.71
2.73
2.93
3.23
3.47
3.41
3.42
4.12
5.46
Earnings per share
0.72
0.76
0.70
0.59
0.78
0.74
0.91
0.99
0.94
0.95
0.95
1.25
1.49
1.30
1.57
1.74
1.77
FCF per share
0.76
0.95
0.67
0.91
1.22
1.44
1.04
0.82
0.98
1.03
1.23
1.35
1.45
1.33
1.41
2.03
2.53
Dividends per share
0.34
0.34
0.39
0.34
0.34
0.43
0.29
0.40
0.46
0.48
0.52
0.54
0.68
0.72
0.72
3.80
2.19
CAPEX per share
0.09
0.06
0.04
0.06
0.02
0.04
0.02
0.02
0.02
0.12
0.04
0.03
0.04
0.03
0.03
- -
0.04
Book Value per sh.
5.05
7.40
6.87
6.08
6.80
7.31
7.37
8.34
8.73
9.24
9.77
15.21
14.27
14.76
15.42
14.44
18.68
Comm.Shares outs.
84
83
93
106
105
104
105
105
106
107
109
122
140
136
135
135
104
Avg. annual P/E ratio
16.1
14.3
10.8
15.3
11.5
15.1
13.8
15.5
17.7
18.2
23.5
18.3
14.3
14.5
13.3
14.4
7.4
P/E to S&P500
0.9
0.7
0.2
0.7
0.7
1.0
0.8
0.9
0.9
0.8
1.0
0.7
0.6
0.4
0.4
0.7
0.3
Avg. annual div. yield
2.9%
3.1%
5.2%
3.7%
3.8%
3.8%
2.3%
2.6%
2.8%
2.8%
2.3%
2.4%
3.2%
3.8%
3.5%
15.2%
9.8%
Revenue (m)
192
228
304
317
270
251
241
273
286
293
321
393
484
464
462
556
570
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
65.3%
Depreciation (m)
13
11
10
11
10
8
2
1
(2)
4
(1)
8
22
(1)
(6)
8
7
Net profit (m)
61
63
65
63
82
77
96
104
99
101
104
152
208
177
213
235
249
Income tax rate
27.1%
26.4%
26.7%
27.4%
32.3%
32.6%
33.7%
36.1%
34.5%
37.5%
44.7%
28.0%
28.6%
29.0%
28.6%
28.3%
28.3%
Net profit margin
31.5%
27.6%
21.5%
19.8%
30.3%
30.8%
39.7%
38.2%
34.7%
34.7%
32.5%
38.7%
42.9%
38.2%
46.0%
42.4%
43.7%
Working capital (m)
2,725
2,286
3,756
3,977
3,730
3,791
3,839
4,081
4,297
4,695
5,183
7,943
8,031
10,611
9,949
3,273
3,372
Long-term debt (m)
820
115
115
670
564
292
225
225
26
26
26
26
26
26
2
995
1,405
Equity (m)
425
615
638
644
715
763
772
878
923
991
1,069
1,851
1,994
2,008
2,082
1,949
1,990
ROIC
3.7%
3.4%
2.2%
1.8%
1.7%
1.5%
1.6%
1.6%
1.4%
1.3%
1.3%
1.4%
2.0%
1.3%
1.4%
1.5%
1.7%
Return on capital
4.2%
3.4%
2.6%
2.2%
2.4%
2.2%
2.4%
2.4%
2.1%
2.1%
2.4%
1.9%
2.8%
1.8%
1.9%
2.0%
2.3%
Return on equity
14.3%
10.3%
10.3%
9.8%
11.4%
10.1%
12.4%
11.8%
10.7%
10.2%
9.8%
8.2%
10.4%
8.8%
10.2%
12.1%
12.5%
Plowback ratio
53.0%
55.1%
44.2%
42.6%
56.2%
42.3%
68.7%
59.3%
50.7%
49.1%
45.4%
56.6%
54.1%
44.4%
54.0%
(1,838.6)%
(21.7)%
Div.&Repurch./FCF
44.7%
36.9%
(144.8)%
42.9%
37.7%
29.6%
27.9%
55.7%
47.9%
48.4%
43.2%
44.9%
48.4%
106.0%
55.7%
204.2%
115.3%
Capital Structure
10 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 14,284
Total assets
$ 16,274
Long-term debt
$ 1,405
Cash and equiv.
$ 239
Goodwill
$ 766
Retained earnings
$ 1,034
Common stock
- -
Enterprise Value
$ 3,004
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
4,401
4,942
3,468
Receivables
106
113
81
Inventory
- -
- -
- -
Other
6,109
4,653
(1,878)
Current assets
10,616
9,952
3,460
Acc. Payable
- -
- -
- -
Debt due
5
2
- -
Other
- -
- -
187
Current liabilities
5
2
187
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
20.30%
9.75%
10.16%
Cash flow
43.64%
15.43%
12.37%
Earnings
10.78%
13.18%
11.96%
Dividends
424.59%
117.91%
62.25%
Book value
(6.39)%
1.42%
12.55%
Insider Trading
Type
Shares
Date
Borba George A Jr
Award
8,257
05/17/23
Sheehy Kimberly H.
Award
8,257
05/17/23
Oswalt Hal W
Award
8,257
05/17/23
Olvera Jane
Award
8,257
05/17/23
O Brien Raymond V Iii
Award
8,257
05/17/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
117
116
114
116
462
2022
0
137
145
150
432
2023
139
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.47
0.38
0.37
0.35
1.57
2022
0.34
0.44
0.48
0.49
1.74
2023
Infinity
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.18
0.18
0.18
0.18
0.72
2022
0.18
0.19
0.20
0.21
0.77
2023
Infinity
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Banks—Regional
CEO:
Mr. David A. Brager
Full-time employees:
1,072
City:
Ontario
Address:
701 North Haven Avenue
CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. Further, the company provides trust services through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2021, it operated 58 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; and three trust offices located in Ontario, Newport Beach, and Pasadena, as well as two loan production offices in California's Central Valley and the Sacramento area. The company was founded in 1974 and is headquartered in Ontario, California.