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CVB Financial Corp.

CVB Financial Corp.

NASDAQ•CVBF
CEO: Mr. David A. Brager
Sector: Financial Services
Industry: Banks - Regional
Listing Date: 1983-04-04
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. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
Contact Information
701 North Haven Avenue, Suite 350, Ontario, CA, 91764, United States
909-980-4030
www.cbbank.com
Market Cap
$2.56B
P/E (TTM)
12.6
14.2
Dividend Yield
4.3%
52W High
$24.58
52W Low
$16.01
52W Range
30%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2025 Data

Revenue

$31.68M-81.30%
4-Quarter Trend

EPS

$0.38+2.70%
4-Quarter Trend

FCF

$0.00+0.00%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Quarterly Net Earnings Increased Net earnings reached $52.6M in Q3 2025, a 2.66% rise from Q3 2024, yielding an annualized ROAE of 9.19% for the period.
Tax-Equivalent NIM Expanded Tax-equivalent NIM grew 28 basis points year-over-year to 3.33% for the quarter, driven by lower funding costs exceeding interest income declines.
Credit Quality Remains Stable ACL ended at $79.3M, 0.94% of loans; YTD net recoveries of $214K contrast sharply with $3.9M net charge-offs reported last year.
Efficiency Ratio Improved Efficiency ratio improved to 45.56% this quarter, down 97 basis points from Q3 2024, reflecting better control over noninterest expenses.

Risk Factors

Loan Modifications Increase Risk Sixteen loans totaling $10.8M were modified for borrowers experiencing difficulty this nine-month period, signaling potential future credit stress.
Deposit Cost Management Critical Cost of total interest-bearing deposits increased 29 basis points year-over-year, driven by rising repurchase agreement rates to 2.00%.
Interest Rate Sensitivity Exposure Balance sheet remains modestly asset sensitive, but EVE sensitivity shows potential value decline if rates instantly drop 300 or 400 basis points.

Outlook

Cautious Economic Forecast Management's economic forecast anticipates lower GDP growth through 2027 and unemployment averaging 5% through 2028, impacting future provisioning.
Capital Ratios Exceed Requirements Capital ratios remain well above regulatory minimums; CET1 ratio stood at 16.33% and Tier 1 Leverage at 11.76% as of September 30, 2025.
Commercial Real Estate Concentration Commercial real estate loans comprise 77.2% of the total loan portfolio, with 80.59% secured by properties primarily located in California.

Peer Comparison

Revenue (TTM)

BankUnited, Inc.BKU
$2.16B
+6.5%
Banc of California, Inc.BANC
$1.80B
-28.6%
First Financial Bancorp.FFBC
$1.27B
+6.9%

Gross Margin (Latest Quarter)

Seacoast Banking Corporation of FloridaSBCF
78.6%
+19.0 pp
Bank of Hawaii CorporationBOH
70.5%
+10.6 pp
Banc of California, Inc.BANC
61.5%
+13.9 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BKU$3.04B11.39.0%6.8%
BANC$2.70B13.16.0%8.7%
SBCF$2.64B18.56.4%6.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-39.7%
Growth Under Pressure
4Q Net Income CAGR
+1.1%
Profitability Slowly Improving
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 7, 2025|
    Revenue: $31.68M-81.3%
    |
    EPS: $0.38+2.7%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 8, 2025|
    Revenue: $158.95M-8.3%
    |
    EPS: $0.36+0.0%
    Beat
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $159.23M-7.3%
    |
    EPS: $0.37+5.7%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 28, 2025|
    Revenue: $658.69M-1.0%
    |
    EPS: $1.44-9.4%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $169.41M-0.4%
    |
    EPS: $0.37-11.9%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $173.32M+7.2%
    |
    EPS: $0.36-10.0%
    Beat
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 9, 2024|
    Revenue: $171.80M+10.1%
    |
    EPS: $0.35-16.7%
    Meet
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 28, 2024|
    Revenue: $665.66M+18.5%
    |
    EPS: $1.59-4.8%
    Beat