Cvb Financial Corp - Understand $cvbf stock

$CVBF Market Cap: $3.285 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$482.5M

TTM

Gross Margin

Net Earnings

$198.0M

TTM

Current Assets

Current Liabilities

$458.8M

Q3 2024

Current Ratio

Total Assets

$15.40B

Q3 2024

Total Liabilities

$13.21B

Q3 2024

Book Value

$2.198B

Q3 2024

Cash

$453.5M

Q3 2024

P/E

16.59

Nov 29, 2024 EST

Free Cash Flow

$218.9M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$606.3M	$514.7M	$420.6M	$430.3M	$457.9M	$361.9M	$287.2M	$265.1M	$261.5M	$252.9M	$232.8M	$262.2M	$269.7M	$317.3M
YoY Change	17.81%	22.36%	-2.26%	-6.01%	26.53%	25.98%	8.37%	1.35%	3.4%	8.65%	-11.23%	-2.78%	-14.99%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$606.3M	$514.7M	$420.6M	$430.3M	$457.9M	$361.9M	$287.2M	$265.1M	$261.5M	$252.9M	$232.8M	$262.2M	$269.7M	$317.3M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit	$314.0M	$300.0K
YoY Change	104566.67%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$118.3M	$9.155M	$6.080M	$14.28M	$22.08M	$12.82M	$8.296M	$7.976M	$8.571M	$16.39M	$16.51M	$25.27M	$35.04M	$57.97M
YoY Change	1192.63%	50.58%	-57.43%	-35.3%	72.28%	54.47%	4.01%	-6.94%	-47.7%	-0.71%	-34.68%	-27.87%	-39.56%
% of Operating Profit	37.69%	3051.67%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$315.4M	$328.3M	$297.6M	$249.5M	$291.1M	$211.1M	$188.8M	$162.3M	$151.4M	$162.8M	$144.3M	$114.7M	$120.8M	$86.74M	$89.20M	$85.70M	$83.10M	$103.1M	$106.9M	$89.40M	$81.50M	$76.80M	$63.40M	$54.00M	$41.20M	$38.50M	$33.20M	$22.90M	$19.60M	$17.60M	$15.60M	$14.70M	$13.20M	$14.70M	$12.70M	$9.000M	$6.400M	$4.800M	$4.100M	$3.200M	$2.700M
YoY Change	-3.93%	10.31%	19.29%	-14.28%	37.87%	11.82%	16.33%	7.21%	-7.02%	12.84%	25.79%	-5.06%	39.27%	-2.76%	4.08%	3.13%	-19.4%	-3.55%	19.57%	9.69%	6.12%	21.14%	17.41%	31.07%	7.01%	15.96%	44.98%	16.84%	11.36%	12.82%	6.12%	11.36%	-10.2%	15.75%	41.11%	40.63%	33.33%	17.07%	28.12%	18.52%
Income Tax	$94.00M	$92.92M	$85.13M	$72.36M	$83.25M	$59.11M	$84.38M	$60.86M	$52.22M	$58.78M	$48.67M	$37.41M	$39.07M	$23.80M	$23.80M	$22.70M	$22.50M	$32.50M	$36.70M	$27.90M	$28.70M	$27.10M	$23.30M	$19.30M	$15.20M	$14.40M	$12.70M	$9.600M	$8.100M	$7.200M	$6.000M	$5.700M	$5.200M	$5.800M	$4.900M	$3.200M	$2.300M	$1.900M	$1.700M	$1.300M	$1.100M
% Of Pretax Income	29.8%	28.3%	28.6%	29.0%	28.6%	28.0%	44.7%	37.5%	34.5%	36.1%	33.73%	32.62%	32.34%	27.44%	26.68%	26.49%	27.08%	31.52%	34.33%	31.21%	35.21%	35.29%	36.75%	35.74%	36.89%	37.4%	38.25%	41.92%	41.33%	40.91%	38.46%	38.78%	39.39%	39.46%	38.58%	35.56%	35.94%	39.58%	41.46%	40.63%	40.74%
Net Earnings	$221.4M	$235.4M	$212.5M	$177.2M	$207.8M	$152.0M	$104.4M	$101.4M	$99.15M	$104.0M	$95.61M	$77.28M	$81.73M	$62.94M	$65.40M	$63.10M	$60.60M	$70.60M	$70.20M	$61.50M	$52.80M	$49.70M	$40.10M	$34.70M	$26.00M	$24.10M	$20.60M	$13.30M	$11.50M	$10.40M	$9.500M	$9.000M	$8.000M	$8.800M	$7.800M	$5.800M	$4.000M	$2.800M	$2.300M	$1.900M	$1.500M
YoY Change	-5.94%	10.78%	19.96%	-14.76%	36.73%	45.58%	2.94%	2.3%	-4.69%	8.8%	23.72%	-5.45%	29.87%	-3.77%	3.65%	4.13%	-14.16%	0.57%	14.15%	16.48%	6.24%	23.94%	15.56%	33.46%	7.88%	16.99%	54.89%	15.65%	10.58%	9.47%	5.56%	12.5%	-9.09%	12.82%	34.48%	45.0%	42.86%	21.74%	21.05%	26.67%
Net Earnings / Revenue	36.52%	45.74%	50.52%	41.17%	45.39%	42.01%	36.35%	38.27%	37.91%	41.13%	41.07%	29.47%	30.3%	19.84%
Basic Earnings Per Share	$1.59	$1.67	$1.57	$1.30	$1.48	$1.25	$0.95	$0.94	$0.93	$0.98	$0.91	$0.74	$0.77	$0.59
Diluted Earnings Per Share	$1.59	$1.67	$1.56	$1.30	$1.48	$1.24	$0.95	$0.94	$0.93	$0.98	$0.91	$0.74	$0.77	$0.59	$702.5K	$757.5K	$721.4K	$832.5K	$826.9K	$729.5K	$625.6K	$589.6K	$479.1K	$417.1K	$314.0K	$292.5K	$251.8K	$193.0K	$168.4K	$154.1K	$141.8K	$137.2K	$124.2K	$132.1K	$116.9K	$87.88K	$61.54K	$44.30K	$37.40K	$30.84K	$24.35K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$66.36M	$69.39M	$68.00M	$70.00M	$73.00M	$58.00M	$46.00M	$42.00M	$31.00M	$34.00M	$33.00M	$35.00M	$36.00M	$41.00M	$41.00M	$44.00M	$47.00M	$45.00M	$40.00M	$34.00M	$31.00M	$29.00M	$30.00M	$27.00M	$28.00M	$28.00M	$23.00M	$24.00M	$17.00M	$13.00M	$9.000M	$8.000M	$9.000M	$10.00M	$10.00M	$10.00M	$9.000M	$6.000M	$6.000M	$6.000M	$5.000M
YoY Change	-4.37%	2.05%	-2.86%	-4.11%	25.86%	26.09%	9.52%	35.48%	-8.82%	3.03%	-5.71%	-2.78%	-12.2%	0.0%	-6.82%	-6.38%	4.44%	12.5%	17.65%	9.68%	6.9%	-3.33%	11.11%	-3.57%	0.0%	21.74%	-4.17%	41.18%	30.77%	44.44%	12.5%	-11.11%	-10.0%	0.0%	0.0%	11.11%	50.0%	0.0%	0.0%	20.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets							$0.00	$3.000M							$16.00M	$0.00		$13.00M	$18.00M	$4.000M	$0.00		$0.00	$4.000M	$21.00M	$5.000M	$4.000M	$4.000M	$4.000M	$8.000M	$4.000M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change							-100.0%											-27.78%	350.0%				-100.0%	-80.95%	320.0%	25.0%	0.0%	0.0%	-50.0%	100.0%
Total Long-Term Assets
YoY Change
Total Assets	$16.02B	$16.48B	$15.88B	$14.42B	$11.28B	$11.53B	$8.271B	$8.074B	$7.671B	$7.378B	$6.665B	$6.363B	$6.483B	$6.437B	$6.740B	$6.650B	$6.294B	$6.092B	$5.423B	$4.511B	$3.854B	$3.123B	$2.514B	$2.308B	$2.011B	$1.841B	$1.259B	$1.160B	$937.0M	$836.0M	$687.0M	$592.0M	$560.0M	$512.0M	$473.0M	$372.0M	$306.0M	$249.0M	$192.0M	$165.0M	$139.0M
YoY Change
Accounts Payable	$23.27M	$0.00	$50.00M	$60.00M			$0.00	$24.00M	$2.000M	$1.000M	$5.000M	$1.000M	$4.000M	$5.000M	$6.000M	$10.00M	$13.00M	$16.00M	$15.00M	$9.000M	$5.000M	$6.000M	$7.000M	$7.000M	$5.000M	$5.000M
YoY Change		-100.0%	-16.67%				-100.0%	1100.0%	100.0%	-80.0%	400.0%	-75.0%	-20.0%	-16.67%	-40.0%	-23.08%	-18.75%	6.67%	66.67%	80.0%	-16.67%	-14.29%	0.0%	40.0%	0.0%
Accrued Expenses	$46.39M	$46.55M	$42.00M	$43.00M	$23.00M	$20.00M	$18.00M	$12.00M	$11.00M	$10.00M	$9.000M	$9.000M	$9.000M	$9.000M	$9.000M	$9.000M	$8.000M	$8.000M	$7.000M	$8.000M	$7.000M	$7.000M
YoY Change	-0.34%	10.83%	-2.33%	86.96%	15.0%	11.11%	50.0%	9.09%	10.0%	11.11%	0.0%	0.0%	0.0%	0.0%	0.0%	12.5%	0.0%	14.29%	-12.5%	14.29%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$271.6M	$565.4M	$642.0M	$439.0M	$429.0M	$442.0M	$554.0M	$603.0M	$691.0M	$564.0M	$643.0M	$473.0M	$509.0M	$544.0M	$738.0M	$613.0M	$587.0M	$1.446B	$922.0M	$362.0M	$91.00M	$71.00M	$10.00M	$87.00M	$40.00M	$0.00	$12.00M	$29.00M	$7.000M	$6.000M	$14.00M	$7.000M	$12.00M	$6.000M	$7.000M	$4.000M	$4.000M	$6.000M	$3.000M	$2.000M	$1.000M
YoY Change	-51.96%	-11.93%	46.24%	2.33%	-2.94%	-20.22%	-8.13%	-12.74%	22.52%	-12.29%	35.94%	-7.07%	-6.43%	-26.29%	20.39%	4.43%	-59.41%	56.83%	154.7%	297.8%	28.17%	610.0%	-88.51%	117.5%		-100.0%	-58.62%	314.29%	16.67%	-57.14%	100.0%	-41.67%	100.0%	-14.29%	75.0%	0.0%	-33.33%	100.0%	50.0%	100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$341.3M	$46.55M	$92.00M	$103.0M	$23.00M	$20.00M	$18.00M	$36.00M	$13.00M	$11.00M	$14.00M	$10.00M	$13.00M	$14.00M	$15.00M	$19.00M	$21.00M	$24.00M	$22.00M	$17.00M	$12.00M	$13.00M	$7.000M	$7.000M	$5.000M	$5.000M	$12.00M	$29.00M	$7.000M	$6.000M	$14.00M	$7.000M	$12.00M	$6.000M	$7.000M	$4.000M	$4.000M	$6.000M	$3.000M	$2.000M	$1.000M
YoY Change	633.19%	-49.4%	-10.68%	347.83%	15.0%	11.11%	-50.0%	176.92%	18.18%	-21.43%	40.0%	-23.08%	-7.14%	-6.67%	-21.05%	-9.52%	-12.5%	9.09%	29.41%	41.67%	-7.69%	85.71%	0.0%	40.0%	0.0%	-58.33%	-58.62%	314.29%	16.67%	-57.14%	100.0%	-41.67%	100.0%	-14.29%	75.0%	0.0%	-33.33%	100.0%	50.0%	100.0%
Long-Term Debt	$0.00	$0.00	$0.00	$26.00M	$26.00M	$26.00M	$26.00M	$26.00M	$26.00M	$26.00M	$26.00M	$67.00M	$115.0M	$115.0M	$115.0M	$115.0M	$115.0M	$808.0M	$662.0M	$912.0M	$463.0M	$272.0M	$325.0M	$25.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change			-100.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-61.19%	-41.74%	0.0%	0.0%	0.0%	0.0%	-85.77%	22.05%	-27.41%	96.98%	70.22%	-16.31%	1200.0%
Other Long-Term Liabilities	$98.08M	$84.80M	$89.00M	$102.0M	$106.0M	$82.00M	$57.00M	$55.00M	$55.00M	$49.00M	$51.00M	$51.00M	$78.00M	$47.00M	$42.00M	$38.00M	$26.00M	$19.00M	$49.00M	$27.00M	$17.00M	$26.00M	$23.00M	$20.00M	$24.00M	$21.00M	$24.00M	$12.00M	$8.000M	$5.000M	$17.00M	$6.000M	$4.000M	$5.000M	$4.000M	$2.000M	$4.000M	$5.000M	$6.000M	$5.000M	$4.000M
YoY Change	15.66%	-4.72%	-12.75%	-3.77%	29.27%	43.86%	3.64%	0.0%	12.24%	-3.92%	0.0%	-34.62%	65.96%	11.9%	10.53%	46.15%	36.84%	-61.22%	81.48%	58.82%	-34.62%	13.04%	15.0%	-16.67%	14.29%	-12.5%	100.0%	50.0%	60.0%	-70.59%	183.33%	50.0%	-20.0%	25.0%	100.0%	-50.0%	-20.0%	-16.67%	20.0%	25.0%
Total Long-Term Liabilities	$98.08M	$84.80M	$89.00M	$128.0M	$132.0M	$108.0M	$83.00M	$81.00M	$81.00M	$75.00M	$77.00M	$118.0M	$193.0M	$162.0M	$157.0M	$153.0M	$141.0M	$827.0M	$711.0M	$939.0M	$480.0M	$298.0M	$348.0M	$45.00M	$24.00M	$21.00M	$24.00M	$12.00M	$8.000M	$5.000M	$17.00M	$6.000M	$4.000M	$5.000M	$4.000M	$2.000M	$4.000M	$5.000M	$6.000M	$5.000M	$4.000M
YoY Change	15.66%	-4.72%	-30.47%	-3.03%	22.22%	30.12%	2.47%	0.0%	8.0%	-2.6%	-34.75%	-38.86%	19.14%	3.18%	2.61%	8.51%	-82.95%	16.32%	-24.28%	95.63%	61.07%	-14.37%	673.33%	87.5%	14.29%	-12.5%	100.0%	50.0%	60.0%	-70.59%	183.33%	50.0%	-20.0%	25.0%	100.0%	-50.0%	-20.0%	-16.67%	20.0%	25.0%
Total Liabilities	$13.94B	$14.53B	$13.80B	$12.41B	$9.288B	$9.678B	$7.201B	$7.083B	$6.748B	$6.500B	$5.893B	$5.600B	$5.768B	$5.793B	$6.102B	$6.035B	$5.869B	$5.705B	$5.080B	$4.194B	$3.568B	$2.864B	$2.293B	$2.119B	$1.870B	$1.702B	$1.157B	$1.071B	$859.0M	$774.0M	$627.0M	$540.0M	$516.0M	$474.0M	$440.0M	$348.0M	$288.0M	$234.0M	$180.0M	$155.0M	$131.0M
YoY Change	-4.03%	5.26%	11.21%	33.62%	-4.03%	34.4%	1.67%	4.96%	3.82%	10.3%	5.23%	-2.91%	-0.43%	-5.06%	1.11%	2.83%	2.87%	12.3%	21.13%	17.54%	24.58%	24.9%	8.21%	13.32%	9.87%	47.1%	8.03%	24.68%	10.98%	23.44%	16.11%	4.65%	8.86%	7.73%	26.44%	20.83%	23.08%	30.0%	16.13%	18.32%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	138.3M	139.7M	135.2M	136.0M	139.8M	121.7M	109.4M	107.3M	105.7M shares	105.2M shares	104.7M shares	104.4M shares	105.1M shares	105.9M shares
Diluted Shares Outstanding	138.5M	140.0M	135.4M	136.2M	139.9M	122.0M	109.8M	107.7M	106.2M shares	105.8M shares	105.1M shares	104.7M shares	105.2M shares	106.1M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.2852 Billion

About CVB FINANCIAL CORP

CVB Financial Corp. is a bank holding company, which engages in the provision of relationship-based banking products, services, and solutions for small to mid-sized companies, real estate investors, non-profit organizations, professionals, and other individuals through its subsidiary, Citizens Business Bank. The company is headquartered in Ontario, California and currently employs 1,107 full-time employees. The Bank offers personalized service combined with a range of banking and trust services for businesses, professionals and individuals located in the service areas of its centers. The company offers a range of bank deposit instruments, including checking, savings, money market and time certificates of deposit for both business and personal accounts, municipalities and districts, and specialized deposit products for title and escrow. The company provides lending products, including commercial, agribusiness, consumer, small business administration loans, real estate loans, construction loans and equipment and vehicle leasing. The company offers a range of financial services and trust services through its CitizensTrust division, including fiduciary services, mutual funds, annuities, 401(k) plans and individual investment accounts. The company also offers a range of specialized services designed for the needs of its commercial customers.

Industry: State Commercial Banks Peers: Eastern Bankshares, Inc. FNB CORP/PA/ HANCOCK WHITNEY CORP INDEPENDENT BANK CORP Investors Bancorp, Inc. PNC FINANCIAL SERVICES GROUP, INC. ServisFirst Bancshares, Inc. UMB FINANCIAL CORP UMPQUA HOLDINGS CORP UNITED COMMUNITY BANKS INC