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CVB Financial Corporation (CVBF)

Stock Price: $19.05 USD 0.80 (4.38%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 2.58B
Revenue (ttm) 445.38M
Net Income (ttm) 194.17M
Shares Out 135.51M
EPS (ttm) 1.30
PE Ratio 14.65
Forward PE 15.36
Dividend $0.72
Dividend Yield 3.78%

Stock Quote

Trading Day Aug 7, 2020
Last Price $19.05
Previous Close $18.25
Change ($) 0.80
Change (%) 4.38%
Day's Open 18.10
Day's Range 18.05 - 19.06
Day's Volume 524,544
52-Week Range 14.92 - 22.22

More Stats

Market Cap 2.58B
Enterprise Value 2.25B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date Jul 8, 2020
Shares Outstanding 135.51M
Float 127.72M
EPS (basic) 1.38
EPS (diluted) 1.30
FCF / Share 1.60
Dividend $0.72
Dividend Yield 3.78%
Earnings Yield 6.82%
FCF Yield 8.70%
Payout Ratio 52.20%
Shares Short 5.45M
Short Ratio 6.10
Short % of Float 5.98%
Beta 0.63
PE Ratio 14.65
Forward PE 15.36
P/FCF Ratio 11.49
PS Ratio 5.80
PB Ratio 1.26
Revenue 445.38M
Operating Income 271.64M
Net Income 194.17M
Free Cash Flow 224.58M
Net Cash 334.85M
Net Cash / Share 2.47
Gross Margin 108.70%
Operating Margin 60.99%
Profit Margin 41.50%
FCF Margin 50.42%
ROA 1.46%
ROE 9.31%
ROIC 2.50%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 0
Overweight 0
Hold 6
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$19.80*
(3.94% upside)
Low
19.0
Current: $19.05
High
22.0
Target: 19.80
*Average 12-month price target from 5 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue490391330299292289258253262255
Revenue Growth25.26%18.66%10.21%2.4%1.04%11.89%2.16%-3.43%2.59%-
Gross Profit490391330299292289258253262255
Operating Income291211189162165163144135124105
Net Income20815210410199.1510495.6177.2881.7362.94
Shares Outstanding140140110108106106105105104106
Earnings Per Share1.481.240.950.940.930.980.910.740.770.59
EPS Growth19.35%30.53%1.06%1.08%-5.1%7.69%22.97%-3.9%30.51%-
Dividend Per Share0.680.560.520.360.480.400.390.430.260.34
Dividend Growth21.43%7.69%44.44%-25%20%3.9%-9.41%66.67%-25%-
Operating Cash Flow20816513812510687.70112155130103
Capital Expenditures0.23-4.19-0.88-12.62-0.94-1.23-2.40-4.24-1.49-6.47
Free Cash Flow20816113811210586.4710915112996.39
Cash & Equivalents188172162169139133165168405454
Total Debt4547485806827628359377651,0731,213
Net Cash / Debt-266-576-417-512-624-702-773-597-668-758
Assets11,28211,5298,2718,0747,6717,3786,6656,3636,4836,437
Liabilities9,2889,6787,2017,0836,7486,5005,8935,6005,7685,793
Book Value1,9941,8511,069991923878772763715644
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name CVB Financial Corporation
Country United States
CEO David A. Brager

Stock Information

Ticker Symbol CVBF
Stock Exchange NASDAQ
Sector Financial Services
Industry Banks—Regional
Unique Identifier NASDAQ: CVBF

Description

CVB Financial Corp. operates as a bank holding company for Citizens Business Bank that provides banking and financial products and services. The company offers checking, savings, and money market accounts, as well as time certificates of deposit; 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. In addition, the company offers various specialized services, such as cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, payroll services, remote deposit capture, electronic funds transfer, and online account access. Further, it provides trust and investment-related services to customers through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company's customers consist primarily of small to mid-sized businesses and individuals. As of December 31, 2019, the company 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; one loan production office located in Modesto, California; and three trust offices located in Ontario, Newport Beach, and Pasadena, California. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.