CVB Financial Statements From 2010 to 2024

CVBF Stock  USD 17.09  0.01  0.06%   
CVB Financial financial statements provide useful quarterly and yearly information to potential CVB Financial investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on CVB Financial financial statements helps investors assess CVB Financial's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting CVB Financial's valuation are summarized below:
Gross Profit
541.3 M
Profit Margin
0.4068
Market Capitalization
2.4 B
Revenue
544.4 M
Earnings Share
1.59
There are over one hundred nineteen available fundamental measures for CVB Financial, which can be analyzed over time and compared to other ratios. Active traders should verify all of CVB Financial latest fundamental drivers against the trend between 2010 and 2024 to make sure the company can sustain itself for few more years. The CVB Financial's current Market Cap is estimated to increase to about 1.7 B, while Enterprise Value is projected to decrease to roughly 826.5 M.

CVB Financial Total Revenue

699.59 Million

Check CVB Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CVB main balance sheet or income statement drivers, such as Interest Expense of 39.5 M, Other Operating Expenses of 367.7 M or EBITDA of 6.1 M, as well as many exotic indicators such as Price To Sales Ratio of 3.86, Dividend Yield of 0.0207 or PTB Ratio of 2.5. CVB financial statements analysis is a perfect complement when working with CVB Financial Valuation or Volatility modules.
  
This module can also supplement CVB Financial's financial leverage analysis and stock options assessment as well as various CVB Financial Technical models . Check out the analysis of CVB Financial Correlation against competitors.
For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.

CVB Financial Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding99.5 M138.5 M114 M
Slightly volatile
Total Assets16.8 B16 B10.3 B
Slightly volatile
Short and Long Term Debt Total2.5 B2.4 B520.9 M
Slightly volatile
Total Stockholder Equity2.2 B2.1 B1.4 B
Slightly volatile
Property Plant And Equipment Net36.6 M66.4 M41.9 M
Slightly volatile
Retained Earnings1.2 B1.1 B574.6 M
Slightly volatile
Cash267.7 M289.5 M418.6 M
Slightly volatile
Non Current Assets Total16.3 B15.5 BB
Slightly volatile
Other Assets7.2 B7.2 B8.3 B
Very volatile
Liabilities And Stockholders Equity16.8 B16 B10.3 B
Slightly volatile
Non Current Liabilities Total166 M174.7 M1.1 B
Slightly volatile
Total Liabilities14.6 B13.9 B8.3 B
Slightly volatile
Property Plant And Equipment Gross146.9 M139.9 M69.2 M
Slightly volatile
Total Current Assets486.3 M511.9 M3.6 B
Pretty Stable
Other Current Assets486.3 M511.9 M1.7 B
Pretty Stable
Total Current Liabilities14.5 B13.8 BB
Slightly volatile
Accounts Payable22.1 M23.3 M3.7 B
Slightly volatile
Net Receivables316.4 M301.3 M103 M
Slightly volatile
Common Stock Total Equity1.5 B1.4 B849.3 M
Slightly volatile
Common Stock885.1 M1.3 B1.2 B
Slightly volatile
Other Liabilities79.2 M122.8 M89 M
Slightly volatile
Long Term Debt940.3 M895.5 M288.9 M
Slightly volatile
Short Term Investments2.4 BB2.3 B
Slightly volatile
Intangible Assets16.2 M15.3 M16.3 M
Slightly volatile
Property Plant Equipment45.4 M79.8 M46.1 M
Slightly volatile
Good Will924.7 M880.7 M384.6 M
Slightly volatile
Net Tangible Assets1.1 B1.3 B997.2 M
Slightly volatile
Long Term Debt TotalM2.1 M126 M
Slightly volatile
Long Term Investments5.8 B5.5 B4.8 B
Slightly volatile
Non Current Liabilities Other545.7 M722.3 M691.8 M
Pretty Stable
Earning Assets2.3 B2.2 B2.9 B
Slightly volatile
Net Invested Capital2.6 B4.1 B1.8 B
Slightly volatile
Capital Stock1.6 B1.3 B1.4 B
Slightly volatile

CVB Financial Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Other Operating Expenses367.7 M350.2 M127.9 M
Slightly volatile
EBITDA6.1 M6.5 M176.2 M
Pretty Stable
Net Income232.5 M221.4 M140.3 M
Slightly volatile
Selling General Administrative146.2 M139.2 M97.9 M
Slightly volatile
Total Revenue699.6 M666.3 M379.4 M
Slightly volatile
Gross Profit698.9 M665.7 M369.9 M
Slightly volatile
Income Before Tax331.2 M315.4 M205.5 M
Slightly volatile
Selling And Marketing Expenses4.6 M6.8 M4.9 M
Slightly volatile
Net Income Applicable To Common Shares282.5 M269 M148.8 M
Slightly volatile
Net Income From Continuing Ops165.5 M239.1 M141.7 M
Slightly volatile
Non Recurring2.9 M2.6 M2.4 M
Pretty Stable
Tax Provision83.7 M94.7 M68.6 M
Slightly volatile
Net Interest Income416.1 M504.3 M339 M
Slightly volatile
Interest Income437.3 M588.6 M354.8 M
Slightly volatile

CVB Financial Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow191.2 M182.1 M147.1 M
Slightly volatile
Begin Period Cash Flow250.1 M203.5 M396.7 M
Slightly volatile
Dividends Paid117.3 M111.7 M66.8 M
Slightly volatile
Capital Expenditures119.2 M113.5 M19.2 M
Slightly volatile
Total Cash From Operating Activities310.4 M295.6 M166.3 M
Slightly volatile
Net Income230.9 M219.9 M140.5 M
Slightly volatile
End Period Cash Flow276 M281.3 M396.4 M
Slightly volatile
Cash Flows Other Operating161 M224.5 M154.7 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.864.19185.8287
Very volatile
Dividend Yield0.02070.040.0273
Slightly volatile
PTB Ratio2.51.34411.9418
Slightly volatile
Days Sales Outstanding17316597.5885
Very volatile
Book Value Per Share15.7715.021510.8327
Slightly volatile
Free Cash Flow Yield0.08140.06520.0699
Pretty Stable
Invested Capital1.672.12660.4993
Slightly volatile
Operating Cash Flow Per Share2.242.13711.343
Slightly volatile
PB Ratio2.51.34411.9418
Slightly volatile
EV To Sales4.867.30795.658
Very volatile
Free Cash Flow Per Share1.381.31651.1991
Slightly volatile
Net Income Per Share1.681.60071.1251
Slightly volatile
Payables Turnover0.02910.03065.3563
Slightly volatile
Sales General And Administrative To Revenue0.30.20890.2772
Slightly volatile
Cash Per Share13.4623.462422.3875
Pretty Stable
POCF Ratio10.669.447414.7796
Slightly volatile
Payout Ratio0.30.50440.4327
Slightly volatile
PFCF Ratio16.9315.336516.4867
Pretty Stable
Days Payables Outstanding12.9 K12.3 K11.7 K
Slightly volatile
Income Quality0.971.34451.1627
Pretty Stable
ROE0.170.10660.1186
Pretty Stable
EV To Operating Cash Flow12.7816.470313.9273
Pretty Stable
PE Ratio11.9812.612915.9126
Very volatile
Return On Tangible Assets0.0150.01450.0143
Pretty Stable
EV To Free Cash Flow14.4426.737215.4363
Very volatile
Earnings Yield0.08180.07930.0661
Very volatile
Intangibles To Total Assets0.05120.04880.03
Slightly volatile
Current Ratio0.03530.0372254
Pretty Stable
Tangible Book Value Per Share5.299.374912.043
Pretty Stable
Receivables Turnover2.12.2115.8092
Very volatile
Graham Number24.4223.259916.5697
Slightly volatile
Shareholders Equity Per Share15.7715.021510.8327
Slightly volatile
Debt To Equity1.672.12660.4993
Slightly volatile
Revenue Per Share5.064.81653.076
Slightly volatile
Interest Debt Per Share34.0532.42766.9347
Slightly volatile
Debt To Assets0.290.27580.0671
Slightly volatile
Enterprise Value Over EBITDA792755111
Slightly volatile
Short Term Coverage Ratios0.120.12599.3108
Pretty Stable
Price Earnings Ratio11.9812.612915.9126
Very volatile
Price Book Value Ratio2.51.34411.9418
Slightly volatile
Days Of Payables Outstanding12.9 K12.3 K11.7 K
Slightly volatile
Dividend Payout Ratio0.30.50440.4327
Slightly volatile
Price To Operating Cash Flows Ratio10.669.447414.7796
Slightly volatile
Price To Free Cash Flows Ratio16.9315.336516.4867
Pretty Stable
Pretax Profit Margin0.370.47340.5278
Pretty Stable
Effective Tax Rate0.370.2980.3329
Slightly volatile
Company Equity Multiplier12.087.70998.5417
Slightly volatile
Long Term Debt To Capitalization0.330.4990.1525
Pretty Stable
Total Debt To Capitalization0.480.68020.2392
Pretty Stable
Debt Equity Ratio1.672.12660.4993
Slightly volatile
Quick Ratio0.240.2576236
Slightly volatile
Net Income Per E B T0.530.7020.6604
Pretty Stable
Cash Ratio0.020.02180.2418
Slightly volatile
Operating Cash Flow Sales Ratio0.290.44370.4118
Very volatile
Days Of Sales Outstanding17316597.5885
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.710.6160.9157
Slightly volatile
Cash Flow Coverage Ratios0.06360.06694.0494
Pretty Stable
Price To Book Ratio2.51.34411.9418
Slightly volatile
Fixed Asset Turnover10.5410.03988.207
Slightly volatile
Price Cash Flow Ratio10.669.447414.7796
Slightly volatile
Enterprise Value Multiple792755111
Slightly volatile
Debt Ratio0.290.27580.0671
Slightly volatile
Cash Flow To Debt Ratio0.06360.06694.0494
Pretty Stable
Price Sales Ratio3.864.19185.8287
Very volatile
Return On Assets0.01470.01380.0139
Very volatile
Asset Turnover0.05090.04160.04
Slightly volatile
Net Profit Margin0.240.33230.3534
Slightly volatile
Gross Profit Margin0.590.90.8956
Pretty Stable
Price Fair Value2.51.34411.9418
Slightly volatile
Return On Equity0.170.10660.1186
Pretty Stable

CVB Financial Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B1.6 B
Slightly volatile
Enterprise Value826.5 M1.5 B1.5 B
Pretty Stable

CVB Fundamental Market Drivers

Forward Price Earnings12.1359
Cash And Short Term Investments-171.4 M

CVB Upcoming Events

24th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About CVB Financial Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include CVB Financial income statement, its balance sheet, and the statement of cash flows. CVB Financial investors use historical funamental indicators, such as CVB Financial's revenue or net income, to determine how well the company is positioned to perform in the future. Although CVB Financial investors may use each financial statement separately, they are all related. The changes in CVB Financial's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on CVB Financial's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on CVB Financial Financial Statements. Understanding these patterns can help to make the right decision on long term investment in CVB Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue-23.3 M-22.1 M
Total Revenue666.3 M699.6 M
Cost Of Revenue558 K530.1 K
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.21  0.30 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.17)(0.16)
Revenue Per Share 4.82  5.06 
Ebit Per Revenue(0.01)(0.01)
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVB Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVB Financial's short interest history, or implied volatility extrapolated from CVB Financial options trading.

Pair Trading with CVB Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVB Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CVB Stock

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Moving against CVB Stock

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The ability to find closely correlated positions to CVB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVB Financial to buy it.
The correlation of CVB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVB Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CVB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CVB Financial is a strong investment it is important to analyze CVB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVB Financial's future performance. For an informed investment choice regarding CVB Stock, refer to the following important reports:
Check out the analysis of CVB Financial Correlation against competitors.
For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.
Note that the CVB Financial information on this page should be used as a complementary analysis to other CVB Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

Complementary Tools for CVB Stock analysis

When running CVB Financial's price analysis, check to measure CVB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVB Financial is operating at the current time. Most of CVB Financial's value examination focuses on studying past and present price action to predict the probability of CVB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVB Financial's price. Additionally, you may evaluate how the addition of CVB Financial to your portfolios can decrease your overall portfolio volatility.
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Is CVB Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVB Financial. If investors know CVB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
0.8
Earnings Share
1.59
Revenue Per Share
3.935
Quarterly Revenue Growth
(0.04)
The market value of CVB Financial is measured differently than its book value, which is the value of CVB that is recorded on the company's balance sheet. Investors also form their own opinion of CVB Financial's value that differs from its market value or its book value, called intrinsic value, which is CVB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVB Financial's market value can be influenced by many factors that don't directly affect CVB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CVB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.