CVBF - CVB Financial Corp Stock Price, Fair Value and News

17.43USD+0.10 (+0.58%)Delayed

Market Summary

USD17.43+0.10

Delayed

0.58%

CVBF Alerts

1 major insider buys recently.

CVBF Stock Price

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CVBF RSI Chart

CVBF Valuation

Market Cap

2.4B

Price/Earnings (Trailing)

11.55

Price/Sales (Trailing)

3.92

EV/EBITDA

1.88

Price/Free Cashflow

8.15

CVBF Price/Sales (Trailing)

CVBF Profitability

EBT Margin

48.24%

Return on Equity

10.1%

Return on Assets

1.28%

Free Cashflow Yield

12.27%

CVBF Fundamentals

CVBF Revenue

Revenue (TTM)

621.2M

Rev. Growth (Yr)

10.44%

Rev. Growth (Qtr)

-0.25%

CVBF Earnings

Earnings (TTM)

210.8M

Earnings Growth (Yr)

-18%

Earnings Growth (Qtr)

0.19%

Breaking Down CVBF Revenue

Last 7 days

1.2%

Last 30 days

10.0%

Trailing 12 Months

48.4%

How does CVBF drawdown profile look like?

CVBF Financial Health

CVBF Investor Care

Dividend Yield

4.59%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

0.25%

Diluted EPS (TTM)

1.52

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	621.2M	0	0	0
2023	543.4M	569.3M	590.4M	606.3M
2022	429.2M	445.4M	476.1M	514.7M
2021	428.8M	427.8M	425.7M	420.6M
2020	449.7M	440.8M	433.9M	430.3M
2019	404.4M	446.4M	463.4M	457.9M
2018	292.5M	294.7M	317.5M	361.9M
2017	268.0M	272.6M	281.3M	287.2M
2016	261.8M	265.3M	262.8M	265.1M
2015	256.0M	259.3M	261.8M	261.5M
2014	235.0M	239.6M	246.9M	252.9M
2013	255.0M	241.4M	233.6M	232.8M
2012	269.3M	268.3M	265.6M	262.2M
2011	293.2M	284.2M	276.2M	269.7M
2010	312.4M	314.0M	315.7M	317.3M
2009	0	0	0	310.8M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of CVB Financial Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 30, 2024	farnsworth david f	bought	18,050	16.4099	1,100	evp & cco
Mar 25, 2024	deangelis yamynn	sold (taxes)	-4,873	17.04	-286	evp chief risk officer
Mar 25, 2024	wohl richard h	sold (taxes)	-17,040	17.04	-1,000	evp & general counsel
Mar 20, 2024	lapoint francene	acquired	-	-	2,500	svp chief accounting officer
Mar 06, 2024	wohl richard h	sold (taxes)	-50,053	17.8	-2,812	evp & general counsel
Mar 06, 2024	wohl richard h	acquired	-	-	5,625	evp & general counsel
Mar 06, 2024	nicholson e allen	sold (taxes)	-124,084	17.8	-6,971	evp & cfo
Mar 06, 2024	nicholson e allen	acquired	-	-	14,094	evp & cfo
Mar 06, 2024	brager david a.	acquired	-	-	27,063	president & ceo
Mar 06, 2024	farnsworth david f	sold (taxes)	-59,683	17.8	-3,353	evp & cco

Which funds bought or sold CVBF recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-41.2	-1,635,100	1,768,550	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.01	-473,683	2,474,160	-%
May 16, 2024	COMERICA BANK	reduced	-8.94	-260,612	1,073,170	-%
May 15, 2024	Quarry LP	new	-	30,310	30,310	0.01%
May 15, 2024	TANG CAPITAL MANAGEMENT LLC	sold off	-100	-6,057,000	-	-%
May 15, 2024	Engineers Gate Manager LP	sold off	-100	-742,830	-	-%
May 15, 2024	Point72 Asia (Singapore) Pte. Ltd.	reduced	-84.54	-90,663	14,345	-%
May 15, 2024	ALGERT GLOBAL LLC	reduced	-37.33	-1,093,000	1,356,000	0.05%
May 15, 2024	Cubist Systematic Strategies, LLC	added	37.71	738,916	4,147,670	0.02%
May 15, 2024	UNITED CAPITAL FINANCIAL ADVISORS, LLC	reduced	-13.45	-59,934	194,884	-%

Are Funds Buying or Selling CVBF?

Are funds buying CVBF calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CVBF

No. of Funds

CVBF Alerts

1 major insider buys recently.

Unveiling CVB Financial Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.27%	15,701,547	SC 13G/A
Jan 24, 2024	state street corp	5.16%	7,191,721	SC 13G
Jan 23, 2024	blackrock inc.	14.0%	19,468,132	SC 13G/A
Feb 09, 2023	vanguard group inc	11.09%	15,503,524	SC 13G/A
Jan 26, 2023	blackrock inc.	14.2%	19,889,643	SC 13G/A
Jan 20, 2023	blackrock inc.	14.2%	19,889,643	SC 13G/A
Feb 09, 2022	vanguard group inc	10.73%	14,545,782	SC 13G/A
Jan 27, 2022	blackrock inc.	14.3%	19,334,320	SC 13G/A
Jan 25, 2022	blackrock inc.	14.3%	19,334,320	SC 13G
Feb 11, 2021	marital trust under the george borba family trust	3.4%	4,599,439	SC 13D

Recent SEC filings of CVB Financial Corp

View All Filings

Date Filed	Form Type	Document
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	4	Insider Trading
May 16, 2024	8-K	Current Report
May 09, 2024	10-Q	Quarterly Report
Apr 30, 2024	4	Insider Trading

Peers (Alternatives to CVB Financial Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

CVB Financial Corp News

Latest updates

CVB Financial Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.2%	158	158	156	149	143	142	135	123	114	104	105	107	106	109	107	108	107	112	114	117	115
EBITDA Margin	-6.0%	1.27*	1.36*	1.45*	1.54*	1.62*	1.65*	1.64*	1.63*	1.62*	1.68*	1.67*	1.65*	-	-	-	-	-	-	-	-	-
Interest Expenses	-5.8%	112	119	123	120	126	137	133	122	113	102	103	105	103	106	103	105	102	107	108	111	110
Income Taxes	-30.2%	18.00	26.00	23.00	22.00	23.00	27.00	25.00	23.00	18.00	19.00	20.00	21.00	26.00	20.00	19.00	17.00	15.00	19.00	21.00	22.00	21.00
Earnings Before Taxes	-10.4%	67.00	75.00	81.00	78.00	83.00	93.00	90.00	82.00	63.00	67.00	70.00	72.00	89.00	71.00	67.00	59.00	53.00	71.00	71.00	77.00	73.00
EBT Margin	-7.3%	0.48*	0.52*	0.57*	0.60*	0.64*	0.64*	0.63*	0.63*	0.63*	0.71*	0.71*	0.70*	-	-	-	-	-	-	-	-	-
Net Income	0.2%	49.00	49.00	58.00	56.00	59.00	66.00	65.00	59.00	46.00	48.00	50.00	51.00	64.00	50.00	47.00	42.00	38.00	51.00	50.00	54.00	52.00
Net Income Margin	-7.1%	0.34*	0.37*	0.40*	0.43*	0.46*	0.46*	0.46*	0.45*	0.45*	0.51*	0.50*	0.50*	-	-	-	-	-	-	-	-	-
Free Cashflow	64.3%	77.00	47.00	84.00	90.00	70.00	70.00	73.00	52.00	74.00	56.00	66.00	22.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	2.8%	16,468	16,021	15,903	16,485	16,274	16,477	16,349	16,760	17,539	1,380	16,202	15,539	14,840	14,419	13,819	13,751	11,607	11,282	11,333	11,172	11,305
Cash Equivalents	237.6%	950	281	241	618	228	203	319	697	1,653	1,733	2,561	2,332	1,525	1,958	1,485	1,927	706	186	438	176	172
Net PPE	-2.8%	43.00	45.00	45.00	46.00	45.00	47.00	47.00	47.00	53.00	6.00	50.00	50.00	50.00	51.00	51.00	52.00	53.00	54.00	53.00	54.00	56.00
Goodwill	0%	766	766	766	766	766	766	766	766	766	664	664	664	664	664	664	664	664	664	664	664	667
Liabilities	3.1%	14,381	13,943	13,952	14,483	14,284	14,528	14,470	14,778	15,464	13,802	14,138	13,484	12,820	12,411	11,837	11,792	9,666	9,288	9,366	9,235	9,414
Shareholder's Equity	0.4%	2,087	2,078	1,951	2,001	1,990	1,949	1,879	1,982	2,075	2,082	2,064	2,055	2,021	2,008	1,982	1,959	1,941	1,994	1,967	1,937	1,891
Retained Earnings	1.9%	1,133	1,113	1,092	1,062	1,034	1,003	965	928	896	876	852	827	800	761	735	712	695	683	657	632	602
Shares Outstanding	0.2%	140	139	139	139	139	140	140	140	142	136	136	136	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	1,749	-	-	-	3,288	-	-	-	2,644	-	-	-	2,400	-	-	-	2,790	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	59.1%	77,474	48,681	84,848	91,983	70,120	70,885	74,458	53,276	75,112	58,662	65,881	23,761	46,938	47,077	40,938	21,554	75,527	60,772	64,808	28,115	54,487
Share Based Compensation	0.1%	2,386	2,384	2,393	2,378	2,284	2,263	2,061	1,982	1,595	1,134	1,377	1,390	1,282	1,156	1,407	1,349	1,617	1,756	1,821	952	1,019
Cashflow From Investing	3297.7%	231,033	-7,225	161,999	148,923	232,579	-214,929	-185,816	-445,914	-330,307	-894,601	-146,757	175,741	-864,874	-68,094	-659,176	-747,478	205,990	-212,933	99,724	184,691	253,841
Cashflow From Financing	41647.0%	359,797	-866	-624,507	149,915	-278,626	28,966	-266,812	-563,692	175,686	7,124	310,374	607,064	385,075	494,224	175,908	1,947,468	238,704	-99,869	97,176	-209,180	-300,062
Dividend Payments	0.6%	28,030	27,867	27,868	27,860	28,091	27,961	26,605	25,477	24,396	24,392	24,467	24,466	24,408	24,407	24,400	24,416	25,252	25,260	25,256	25,220	19,616
Buy Backs	8476.7%	2,573	30.00	135	15.00	21,036	124	5,742	26,821	13,643	91.00	7,712	32.00	502	3,777	257	28.00	85,018	1,105	723	77.00	735

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CVBF Income Statement

2024-03-31

Condensed Consolidated Statements of Earnings and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans and leases, including fees	$ 116,349	$ 108,394
Investment securities:
Investment securities available-for-sale	21,446	19,596
Investment securities held-to-maturity	13,402	13,956
Total investment income	34,848	33,552
Dividends from FHLB stock	419	349
Interest-earning deposits with other institutions	6,073	491
Total interest income	157,689	142,786
Interest expense:
Deposits	21,366	5,365
Borrowings and customer repurchase agreements	23,862	11,693
Total interest expense	45,228	17,058
Net interest income before provision for credit losses	112,461	125,728
Provision for credit losses	0	1,500
Net interest income after provision for credit losses	112,461	124,228
Noninterest income:
BOLI income	3,593	1,189
Other	1,875	3,378
Total noninterest income	14,113	13,202
Noninterest expense:
Salaries and employee benefits	36,401	35,247
Occupancy and equipment	5,565	5,450
Professional services	2,255	1,696
Computer software expense	3,525	3,408
Marketing and promotion	1,630	1,715
Provision for unfunded loan commitments	0	500
Amortization of intangible assets	1,438	1,720
Other	8,957	5,145
Total noninterest expense	59,771	54,881
Earnings before income taxes	66,803	82,549
Income taxes	18,204	23,279
Net earnings	48,599	59,270
Other comprehensive (loss) income:
Unrealized (loss) gain on securities arising during the period, before tax	(17,073)	40,702
Less: Income tax benefit (expense) related to items of other comprehensive income	5,357	(12,033)
Other comprehensive (loss), net of tax	(11,716)	28,669
Comprehensive income (loss)	$ 36,883	$ 87,939
Basic earnings per common share	$ 0.35	$ 0.42
Diluted earnings per common share	$ 0.35	$ 0.42
Service Charges on Deposit Accounts [Member]
Noninterest income:
Revenue from contract with customer, including assessed tax	$ 5,036	$ 5,344
Trust and Investment Services [Member]
Noninterest income:
Revenue from contract with customer, including assessed tax	3,224	2,914
Bankcard Services [Member]
Noninterest income:
Revenue from contract with customer, including assessed tax	$ 385	$ 377

CVBF Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and due from banks	$ 131,955	$ 171,396
Interest-earning balances due from Federal Reserve	817,634	109,889
Total cash and cash equivalents	949,589	281,285
Interest-earning balances due from depository institutions	12,632	8,216
Investment securities available-for-sale, at fair value (with amortized cost of $3,333,603 at March 31, 2024, and $3,398,942 at December 31, 2023)	2,837,100	2,956,125
Investment securities held-to-maturity (with fair value of $2,044,031 at March 31, 2024, and $2,082,881 at December 31, 2023)	2,454,586	2,464,610
Total investment securities	5,291,686	5,420,735
Investment in stock of Federal Home Loan Bank (FHLB)	18,012	18,012
Loans and lease finance receivables	8,770,713	8,904,910
Allowance for credit losses	(82,817)	(86,842)
Net loans and lease finance receivables	8,687,896	8,818,068
Premises and equipment, net	43,448	44,709
Bank owned life insurance (BOLI)	310,744	308,706
Accrued interest receivable	47,891	48,994
Intangibles	13,853	15,291
Goodwill	765,822	765,822
Income taxes	180,750	163,968
Other assets	145,823	127,187
Total assets	16,468,146	16,020,993
Deposits:
Noninterest-bearing	7,112,789	7,206,175
Interest-bearing	4,782,132	4,227,467
Total deposits	11,894,921	11,433,642
Customer repurchase agreements	275,720	271,642
Other borrowings	1,995,000	2,070,000
Deferred compensation	23,082	22,335
Accrued interest payable	45,404	23,268
Other liabilities	147,194	122,134
Total liabilities	14,381,321	13,943,021
Commitments and Contingencies
Stockholders' Equity
Common stock, authorized, 225,000,000 shares without par; issued and outstanding 139,641,884 at March 31, 2024, and 139,344,981 at December 31, 2023	1,288,755	1,288,899
Retained earnings	1,133,355	1,112,642
Accumulated other comprehensive income, net of tax	(335,285)	(323,569)
Total stockholders' equity	2,086,825	2,077,972
Total liabilities and stockholders' equity	$ 16,468,146	$ 16,020,993

About CVB Financial Corp

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, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company was founded in 1974 and is headquartered in Ontario, California.

CEO	Mr. David A. Brager
WEBSITE	cbbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	1072

CVB Financial Corp Frequently Asked Questions

What is the ticker symbol for CVB Financial Corp? What does CVBF stand for in stocks?

CVBF is the stock ticker symbol of CVB Financial Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CVB Financial Corp (CVBF)?

As of Fri May 17 2024, market cap of CVB Financial Corp is 2.43 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVBF stock?

You can check CVBF's fair value in chart for subscribers.

What is the fair value of CVBF stock?

You can check CVBF's fair value in chart for subscribers. The fair value of CVB Financial Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CVB Financial Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVBF so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CVB Financial Corp a good stock to buy?

The fair value guage provides a quick view whether CVBF is over valued or under valued. Whether CVB Financial Corp is cheap or expensive depends on the assumptions which impact CVB Financial Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVBF.

What is CVB Financial Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, CVBF's PE ratio (Price to Earnings) is 11.55 and Price to Sales (PS) ratio is 3.92. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVBF PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CVB Financial Corp's stock?

In the past 10 years, CVB Financial Corp has provided 0.049 (multiply by 100 for percentage) rate of return.