CVB FINANCIAL CORP (CVBF)
US1266001056 - Common Stock
We assign a fundamental rating of 3 out of 10 to CVBF. CVBF was compared to 404 industry peers in the Banks industry. Both the profitability and the financial health of CVBF get a neutral evaluation. Nothing too spectacular is happening here. CVBF is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CVBF had positive earnings in the past year.
CVBF had a positive operating cash flow in the past year.
Each year in the past 5 years CVBF has been profitable.
In the past 5 years CVBF always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CVBF (1.28%) is better than 85.18% of its industry peers.
Looking at the Return On Equity, with a value of 8.96%, CVBF is in line with its industry, outperforming 59.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 8.96% | ||
| 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 38.11%, CVBF belongs to the best of the industry, outperforming 94.97% 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 Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 38.11% | ||
| 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
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 less shares outstanding than it did 1 year ago.
Compared to 5 years ago, CVBF has less shares outstanding
Compared to 1 year ago, CVBF has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CVBF is 1.80, which is an excellent value as it means it would take CVBF, only 1.80 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.80, CVBF is in the better half of the industry, outperforming 62.31% of the companies in the same industry.
CVBF has a Debt/Equity ratio of 0.18. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of CVBF (0.18) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.8 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.92%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
CVBF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -14.04%.
CVBF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.45% yearly.
Looking at the last year, CVBF shows a decrease in Revenue. The Revenue has decreased by -7.50% in the last year.
The Revenue has been growing slightly by 6.88% on average over the past years.
EPS 1Y (TTM)-14.04%
EPS 3Y7.83%
EPS 5Y5.45%
EPS Q2Q%-11.9%
Revenue 1Y (TTM)-7.5%
Revenue growth 3Y5.51%
Revenue growth 5Y6.88%
Sales Q2Q%-7.9%
3.2 Future
CVBF is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.86% yearly.
Based on estimates for the next years, CVBF will show a small growth in Revenue. The Revenue will grow by 0.30% on average per year.
EPS Next Y-11.19%
EPS Next 2Y-6.12%
EPS Next 3Y-0.86%
EPS Next 5YN/A
Revenue Next Year-9.63%
Revenue Next 2Y-3.77%
Revenue Next 3Y0.3%
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. Valuation
4.1 Price/Earnings Ratio
CVBF is valuated correctly with a Price/Earnings ratio of 14.18.
Based on the Price/Earnings ratio, CVBF is valued a bit more expensive than the industry average as 60.30% of the companies are valued more cheaply.
CVBF's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.09.
The Price/Forward Earnings ratio is 14.51, which indicates a correct valuation of CVBF.
CVBF's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CVBF is more expensive than 68.59% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.45. CVBF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 14.51 |
4.2 Price Multiples
The rest of the industry has a similar Price/Free Cash Flow ratio as CVBF.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.3 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.6
EPS Next 2Y-6.12%
EPS Next 3Y-0.86%
5. Dividend
5.1 Amount
CVBF has a Yearly Dividend Yield of 3.60%.
CVBF's Dividend Yield is a higher than the industry average which is at 3.16.
Compared to an average S&P500 Dividend Yield of 2.30, CVBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
5.2 History
The dividend of CVBF is nicely growing with an annual growth rate of 8.65%!
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)8.65%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
56.75% of the earnings are spent on dividend by CVBF. This is a bit on the high side, but may be sustainable.
The Dividend Rate of CVBF has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP56.75%
EPS Next 2Y-6.12%
EPS Next 3Y-0.86%
CVB FINANCIAL CORP
NASDAQ:CVBF (1/2/2025, 4:30:01 PM)
After market: 20.84 0 (0%)20.84
-0.57 (-2.66%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners74.84%
Inst Owner Change-4.82%
Ins Owners0.65%
Ins Owner Change-0.26%
Market Cap2.91B
Analysts72.86
Price Target22.88 (9.79%)
Short Float %3.21%
Short Ratio5.04
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.6% |
Dividend Growth(5Y)8.65%
DP56.75%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.84%
Min EPS beat(2)2.67%
Max EPS beat(2)5.01%
EPS beat(4)3
Avg EPS beat(4)1.42%
Min EPS beat(4)-2.45%
Max EPS beat(4)5.01%
EPS beat(8)5
Avg EPS beat(8)0.14%
EPS beat(12)9
Avg EPS beat(12)2.11%
EPS beat(16)12
Avg EPS beat(16)4.06%
Revenue beat(2)0
Avg Revenue beat(2)-3.41%
Min Revenue beat(2)-3.86%
Max Revenue beat(2)-2.96%
Revenue beat(4)0
Avg Revenue beat(4)-4.39%
Min Revenue beat(4)-5.42%
Max Revenue beat(4)-2.96%
Revenue beat(8)2
Avg Revenue beat(8)-1.76%
Revenue beat(12)6
Avg Revenue beat(12)2.23%
Revenue beat(16)10
Avg Revenue beat(16)3.67%
PT rev (1m)7.53%
PT rev (3m)9.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.42%
EPS NY rev (1m)0%
EPS NY rev (3m)1.56%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-8.9%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 14.18 | ||
| Fwd PE | 14.51 | ||
| P/S | 5.63 | ||
| P/FCF | 13.3 | ||
| P/OCF | 13.02 | ||
| P/B | 1.32 | ||
| P/tB | 2.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)1.47
EY7.05%
EPS(NY)1.44
Fwd EY6.89%
FCF(TTM)1.57
FCFY7.52%
OCF(TTM)1.6
OCFY7.68%
SpS3.7
BVpS15.73
TBVpS10.17
PEG (NY)N/A
PEG (5Y)2.6
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.28% | ||
| ROE | 8.96% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | 38.11% | ||
| GM | N/A | ||
| FCFM | 42.35% |
ROA(3y)1.37%
ROA(5y)1.44%
ROE(3y)10.92%
ROE(5y)10.39%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score6
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.18 | ||
| Debt/FCF | 1.8 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 0.93% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 111.13% | ||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z | N/A |
F-Score6
WACC6.92%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.94%
Cap/Sales(5y)0.99%
Profit Quality(3y)112.38%
Profit Quality(5y)107.41%
High Growth Momentum
Growth
EPS 1Y (TTM)-14.04%
EPS 3Y7.83%
EPS 5Y5.45%
EPS Q2Q%-11.9%
EPS Next Y-11.19%
EPS Next 2Y-6.12%
EPS Next 3Y-0.86%
EPS Next 5YN/A
Revenue 1Y (TTM)-7.5%
Revenue growth 3Y5.51%
Revenue growth 5Y6.88%
Sales Q2Q%-7.9%
Revenue Next Year-9.63%
Revenue Next 2Y-3.77%
Revenue Next 3Y0.3%
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-14.14%
FCF growth 3Y17.29%
FCF growth 5Y12.13%
OCF growth 1Y-14.44%
OCF growth 3Y16.89%
OCF growth 5Y11.91%