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CVB Financial Corporation (CVBF)

Stock Price: $20.30 USD -0.46 (-2.22%)
Updated November 25, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 2.75B
Revenue (ttm) 443.31M
Net Income (ttm) 178.38M
Shares Out 135.51M
EPS (ttm) 1.29
PE Ratio 15.74
Forward PE 14.97
Dividend $0.72
Dividend Yield 3.55%

Stock Quote

Trading Day November 25
Last Price $20.30
Previous Close $20.76
Change ($) -0.46
Change (%) -2.22%
Day's Open 20.52
Day's Range 20.02 - 20.52
Day's Volume 395,715
52-Week Range 14.92 - 22.22

More Stats

Market Cap 2.75B
Enterprise Value 1.74B
Earnings Date (est) Jan 27, 2021
Ex-Dividend Date Oct 6, 2020
Shares Outstanding 135.51M
Float 127.65M
EPS (basic) 1.29
EPS (diluted) 1.29
FCF / Share 1.43
Dividend $0.72
Dividend Yield 3.55%
Earnings Yield 6.35%
FCF Yield 7.06%
Payout Ratio 41.90%
Shares Short 3.02M
Short Ratio 8.53
Short % of Float 2.37%
Beta 0.61
PE Ratio 15.74
Forward PE 14.97
P/FCF Ratio 14.17
PS Ratio 6.21
PB Ratio 1.36
Revenue 443.31M
Operating Income 249.61M
Net Income 178.38M
Free Cash Flow 194.15M
Net Cash 1.01B
Net Cash / Share 7.45
Gross Margin 109.51%
Operating Margin 56.31%
Profit Margin 40.20%
FCF Margin 43.80%
ROA 1.42%
ROE 9.04%
ROIC 2.20%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 1
Overweight 0
Hold 6
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$21.17*
(4.29% upside)
Low
19.0
Current: $20.30
High
24.0
Target: 21.17
*Average 12-month price target from 6 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 operates as a bank holding company for Citizens Business Bank that provides banking and financial services. 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. 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. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.