CVBF Stock Overview
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.
No risks detected for CVBF from our risk checks.
CVB Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$19.23|
|52 Week High||US$25.00|
|52 Week Low||US$18.07|
|1 Month Change||-7.32%|
|3 Month Change||-4.19%|
|1 Year Change||-0.98%|
|3 Year Change||-11.63%|
|5 Year Change||-13.61%|
|Change since IPO||812.38%|
Recent News & Updates
|CVBF||US Banks||US Market|
Return vs Industry: CVBF underperformed the US Banks industry which returned 40.6% over the past year.
Return vs Market: CVBF underperformed the US Market which returned 20% over the past year.
|CVBF Average Weekly Movement||3.3%|
|Banks Industry Average Movement||3.7%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: CVBF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CVBF's weekly volatility (3%) has been stable over the past year.
About the Company
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. The company 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. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; 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 that are secured by owner-occupied and investor owned properties; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit.
CVB Financial Fundamentals Summary
|CVBF fundamental statistics|
Is CVBF overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CVBF income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.58|
|Net Profit Margin||43.78%|
How did CVBF perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is CVB Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CVBF ($19.11) is trading below our estimate of fair value ($36.08)
Significantly Below Fair Value: CVBF is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CVBF is poor value based on its PE Ratio (12.1x) compared to the US Banks industry average (10.5x).
PE vs Market: CVBF is good value based on its PE Ratio (12.1x) compared to the US market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: CVBF is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: CVBF is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
How is CVB Financial forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CVBF's forecast earnings growth (4.5% per year) is above the savings rate (2%).
Earnings vs Market: CVBF's earnings (4.5% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: CVBF's earnings are forecast to grow, but not significantly.
Revenue vs Market: CVBF's revenue (7.5% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: CVBF's revenue (7.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CVBF's Return on Equity is forecast to be low in 3 years time (10.3%).
How has CVB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CVBF has high quality earnings.
Growing Profit Margin: CVBF's current net profit margins (43.8%) are higher than last year (40.2%).
Past Earnings Growth Analysis
Earnings Trend: CVBF's earnings have grown by 16.4% per year over the past 5 years.
Accelerating Growth: CVBF's earnings growth over the past year (20.3%) exceeds its 5-year average (16.4% per year).
Earnings vs Industry: CVBF earnings growth over the past year (20.3%) underperformed the Banks industry 43%.
Return on Equity
High ROE: CVBF's Return on Equity (10.4%) is considered low.
How is CVB Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CVBF's Assets to Equity ratio (7.8x) is low.
Allowance for Bad Loans: CVBF has a sufficient allowance for bad loans (774%).
Low Risk Liabilities: 91% of CVBF's liabilities are made up of primarily low risk sources of funding.
Loan Level: CVBF has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: CVBF's Loans to Deposits ratio (60%) is appropriate.
Level of Bad Loans: CVBF has an appropriate level of bad loans (0.1%).
What is CVB Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CVBF's dividend (3.77%) is higher than the bottom 25% of dividend payers in the US market (1.35%).
High Dividend: CVBF's dividend (3.77%) is in the top 25% of dividend payers in the US market (3.63%)
Stability and Growth of Payments
Stable Dividend: CVBF's dividends per share have been stable in the past 10 years.
Growing Dividend: CVBF's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.5%), CVBF's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CVBF's dividends in 3 years are forecast to be well covered by earnings (47.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Brager (53 yo)
Mr. David A. Brager, also known as Dave, is Chief Executive Officer and Director at CVB Financial Corp since March 16, 2020 and serves as its president since November 17, 2021. He is Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD2.29M) is below average for companies of similar size in the US market ($USD5.28M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
Experienced Management: CVBF's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: CVBF's board of directors are considered experienced (5.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CVB Financial Corp.'s employee growth, exchange listings and data sources
- Name: CVB Financial Corp.
- Ticker: CVBF
- Exchange: NasdaqGS
- Founded: 1974
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$2.590b
- Shares outstanding: 135.52m
- Website: https://www.cbbank.com
Number of Employees
- CVB Financial Corp.
- 701 North Haven Avenue
- Suite 350
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/01 23:54|
|End of Day Share Price||2021/12/01 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.