CVB FINANCIAL CORP (CVBF)
US1266001056 - Common Stock
CVBF gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 402 industry peers in the Banks industry. CVBF has an average financial health and profitability rating. CVBF has a valuation in line with the averages, but it does not seem to be growing. CVBF also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CVBF was profitable.
CVBF had a positive operating cash flow in the past year.
In the past 5 years CVBF has always been profitable.
In the past 5 years CVBF always reported a positive cash flow from operatings.
1.2 Ratios
CVBF has a Return On Assets of 1.26%. This is amongst the best in the industry. CVBF outperforms 83.58% of its industry peers.
CVBF has a Return On Equity of 9.64%. This is in the better half of the industry: CVBF outperforms 63.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 9.64% | ||
| 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
The Profit Margin of CVBF (38.56%) is better than 94.78% of its industry peers.
In the last couple of years the Profit Margin of CVBF has remained more or less at the same level.
The Operating Margin and Gross Margin are not available for CVBF so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 38.56% | ||
| 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
CVBF has a better debt/assets ratio than last year.
2.2 Solvency
CVBF has a debt to FCF ratio of 1.15. This is a very positive value and a sign of high solvency as it would only need 1.15 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.15, CVBF is in the better half of the industry, outperforming 74.13% of the companies in the same industry.
A Debt/Equity ratio of 0.13 indicates that CVBF is not too dependend on debt financing.
CVBF's Debt to Equity ratio of 0.13 is fine compared to the rest of the industry. CVBF outperforms 68.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | 1.15 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC6.49%
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 -13.14%.
CVBF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.45% yearly.
The Revenue has decreased by -6.69% in the past year.
CVBF shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.88% yearly.
EPS 1Y (TTM)-13.14%
EPS 3Y7.83%
EPS 5Y5.45%
EPS Q2Q%-10%
Revenue 1Y (TTM)-6.69%
Revenue growth 3Y5.51%
Revenue growth 5Y6.88%
Sales Q2Q%-7.27%
3.2 Future
The Earnings Per Share is expected to decrease by -4.66% on average over the next years.
Based on estimates for the next years, CVBF will show a decrease in Revenue. The Revenue will decrease by -1.92% on average per year.
EPS Next Y-12.56%
EPS Next 2Y-4.66%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-7.91%
Revenue Next 2Y-1.92%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 11.27, which indicates a very decent valuation of CVBF.
CVBF's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of CVBF to the average of the S&P500 Index (29.62), we can say CVBF is valued rather cheaply.
The Price/Forward Earnings ratio is 11.56, which indicates a very decent valuation of CVBF.
The rest of the industry has a similar Price/Forward Earnings ratio as CVBF.
The average S&P500 Price/Forward Earnings ratio is at 21.22. CVBF is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 11.56 |
4.2 Price Multiples
CVBF's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
CVBF's earnings are expected to decrease with -4.66% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)2.07
EPS Next 2Y-4.66%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CVBF has a Yearly Dividend Yield of 4.36%, which is a nice return.
CVBF's Dividend Yield is rather good when compared to the industry average which is at 3.35. CVBF pays more dividend than 81.84% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.26, CVBF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.36% |
5.2 History
The dividend of CVBF is nicely growing with an annual growth rate of 8.65%!
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
54.83% 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.
DP54.83%
EPS Next 2Y-4.66%
EPS Next 3YN/A
CVB FINANCIAL CORP
NASDAQ:CVBF (9/6/2024, 8:07:19 PM)
After market: 17.13 0 (0%)17.13
-0.44 (-2.5%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.39B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.36% |
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 Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.27 | ||
| Fwd PE | 11.56 | ||
| 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)2.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.26% | ||
| ROE | 9.64% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 38.56% | ||
| 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 Rank | Sector 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)
High Growth Momentum
Growth
EPS 1Y (TTM)-13.14%
EPS 3Y7.83%
EPS 5Y
EPS Q2Q%
EPS Next Y-12.56%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-6.69%
Revenue growth 3Y5.51%
Revenue growth 5Y
Sales 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