Cvb Financial (CVBF) AI Stock Analysis

• Market Cap: $2.65B
• Dividend Yield: 4%
• Average Volume (3M): 1.25M
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.82
• Revenue Growth: -8.43%
• EPS Growth: 3.75%
• Country: US
• Employees: 1,089
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.38
• Shares Outstanding: 135,551,600
• 10 Day Avg. Volume: 2,011,494
• 30 Day Avg. Volume: 1,245,763
• PEG Ratio: -1.57
• Price to Book (P/B): 1.36
• Price to Sales (P/S): 4.50
• P/FCF Ratio: 12.11
• Enterprise Value/Market Cap: 1.30
• Enterprise Value/Revenue: 5.50
• Enterprise Value/Gross Profit: 6.99
• Enterprise Value/Ebitda: 11.77
• 1Y Price Target: $23.83
• Price Target Upside: 21.83% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $22.00 ▲(12.47% Upside)

The score is driven primarily by strong profitability and solid balance-sheet leverage, supported by reasonable valuation and an attractive dividend. Near-term technical signals are neutral-to-soft, while recent updates (earnings call and the Heritage Commerce merger announcement) reinforce operational momentum and strategic growth, tempered by securities-sale losses, rising expenses, and competitive rate pressure.

Positive Factors

Consistent Profitability

The company's consistent profitability over many quarters highlights its strong business model and effective management, ensuring long-term stability and investor confidence.

Strategic Merger

The merger with Heritage Commerce is expected to enhance geographic coverage and financial performance, strengthening market position and offering synergies for growth.

Asset and Loan Growth

Growth in assets and loans indicates strong demand for the company's services and effective market penetration, supporting future revenue and profitability.

Negative Factors

Revenue Decline

A decline in revenue suggests potential challenges in maintaining growth momentum, which could impact long-term financial performance if not addressed.

Increased Noninterest Expense

Rising noninterest expenses, particularly in salaries and benefits, could pressure margins and reduce profitability if not managed effectively.

Intense Rate Competition

Intense rate competition may compress margins and affect profitability, challenging the company's ability to maintain its competitive advantage in the long term.

Cvb Financial Business Overview & Revenue Model

Company Description

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 through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2021, it 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; and three trust offices located in Ontario, Newport Beach, and Pasadena, as well as two loan production offices in California's Central Valley and the Sacramento area. The company was founded in 1974 and is headquartered in Ontario, California.

How the Company Makes Money

Cvb Financial generates revenue primarily through interest income from loans and fees from various banking services. Key revenue streams include commercial loans, residential mortgages, and consumer loans, which together contribute significantly to the company's interest income. Additionally, the bank earns non-interest income through fees for services such as treasury management, account maintenance, and wealth management services. The company's strong focus on relationship banking allows it to build long-term partnerships with clients, enhancing customer loyalty and driving repeat business. Furthermore, Cvb Financial may benefit from strategic partnerships with other financial institutions and businesses, which can lead to referrals and increased customer acquisition.

Cvb Financial Financial Statement Overview

Summary

Cvb Financial shows strong profitability with a consistent gross profit margin above 70% and a net profit margin over 30% in TTM. However, revenue growth has been negative recently, indicating potential challenges in expanding its revenue base. The company maintains a moderate debt-to-equity ratio of 0.40 in TTM, indicating manageable leverage. Return on equity is stable around 9%, but there is a slight decline in equity ratio, suggesting a need for careful management of assets and liabilities. Cvb Financial demonstrates robust cash flow management with a significant free cash flow growth rate of 13.38% in TTM. The operating cash flow to net income ratio is strong, indicating efficient conversion of income into cash.

Income Statement

Cvb Financial shows strong profitability with a consistent gross profit margin above 70% and a net profit margin over 30% in TTM. However, revenue growth has been negative recently, indicating potential challenges in expanding its revenue base.

Balance Sheet

The company maintains a moderate debt-to-equity ratio of 0.40 in TTM, indicating manageable leverage. Return on equity is stable around 9%, but there is a slight decline in equity ratio, suggesting a need for careful management of assets and liabilities.

Cash Flow

Cvb Financial demonstrates robust cash flow management with a significant free cash flow growth rate of 13.38% in TTM. The operating cash flow to net income ratio is strong, indicating efficient conversion of income into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	625.75M	658.69M	665.66M	561.94M	467.83M	478.53M
Gross Profit	491.87M	480.17M	545.82M	542.18M	488.25M	440.74M
EBITDA	292.18M	286.61M	333.60M	342.01M	291.22M	248.36M
Net Income	205.11M	200.72M	221.44M	235.43M	212.52M	177.16M
Balance Sheet
Total Assets	15.67B	15.15B	16.02B	16.48B	15.88B	14.42B
Cash, Cash Equivalents and Short-Term Investments	852.58M	268.94M	3.25B	3.47B	4.94B	4.40B
Total Debt	951.26M	761.89M	2.34B	1.56B	644.67M	470.18M
Total Liabilities	13.38B	12.97B	13.94B	14.53B	13.80B	12.41B
Stockholders Equity	2.28B	2.19B	2.08B	1.95B	2.08B	2.01B
Cash Flow
Free Cash Flow	246.94M	244.63M	291.11M	268.37M	190.56M	180.42M
Operating Cash Flow	251.28M	249.76M	295.63M	273.73M	195.24M	185.10M
Investing Cash Flow	128.88M	852.75M	536.28M	-1.18B	-1.73B	-1.27B
Financing Cash Flow	-49.70M	-1.18B	-754.08M	-625.85M	1.31B	2.86B

Cvb Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.56
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CVBF, the sentiment is Positive. The current price of 19.56 is above the 20-day moving average (MA) of 19.41, above the 50-day MA of 19.09, and above the 200-day MA of 18.82, indicating a bullish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 55.21 is Neutral, neither overbought nor oversold. The STOCH value of 67.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CVBF.

Cvb Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BKU	74 Outperform	$3.43B	12.83	9.04%	2.71%	-5.44%	45.47%
PRK	73 Outperform	$2.56B	14.42	13.69%	2.96%	6.29%	28.28%
CVBF	72 Outperform	$2.65B	13.14	9.10%	4.00%	-8.43%	3.75%
BOH	71 Outperform	$2.84B	17.40	10.65%	3.99%	3.40%	23.04%
FBK	71 Outperform	$3.15B	27.12	5.85%	1.34%	10.50%	-6.22%
TOWN	70 Outperform	$2.85B	15.48	7.37%	3.04%	9.48%	12.83%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Cvb Financial Corporate Events

CVB Financial Announces Heritage Commerce Acquisition Agreement

On December 17, 2025, CVB Financial Corp. agreed to acquire Heritage Commerce Corp. in an all-stock reorganization under which Heritage will merge into CVB Financial and Heritage Bank of Commerce will be combined with Citizens Business Bank, leaving CVB Financial and Citizens as the surviving entities. Heritage shareholders are to receive 0.65 shares of CVB Financial common stock for each Heritage share, implying a deal value of about $811 million, while all Heritage equity awards will either vest and convert into CVB stock or be cashed out, and CVB has set detailed capital, loan, deposit and regulatory conditions, termination rights and a $32.45 million break-up fee framework around closing. As part of the transaction, Heritage CEO Robertson “Clay” Jones will become President of CVB Financial and Citizens Business Bank with a new compensation and retention package, and two Heritage directors will join CVB’s board, signaling a leadership and governance integration aimed at strengthening the combined institution’s market presence in California’s banking sector, supported by voting agreements, non-solicitation arrangements and other protections designed to secure shareholder approval and operational stability through the merger process.

The most recent analyst rating on (CVBF) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.

CVB Financial Announces Merger with Heritage Commerce

On December 17, 2025, CVB Financial Corp. announced a merger agreement with Heritage Commerce Corp. that will create a strong California business bank with approximately $22 billion in assets. This all-stock transaction, valued at $811 million, expands Citizens Business Bank’s presence into the Bay Area and offers significant synergies, enhanced geographic coverage, and improved financial performance. The merger has been unanimously approved by both boards and is expected to close in the second quarter of 2026, subject to customary approvals. The combined organization aims to strengthen its relationship-focused banking model, with management expecting accretion to earnings and shared growth opportunities for employees and customers.

The most recent analyst rating on (CVBF) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.

CVB Financial’s Bank Conversion Approved by OCC

CVB Financial Corp. announced that the federal Office of the Comptroller of the Currency has approved Citizens Business Bank’s application to convert from a California-chartered bank to a national banking association. This conversion, effective on December 15, 2025, will result in a name change to ‘Citizens Business Bank, National Association,’ potentially impacting the bank’s operations and market positioning.

The most recent analyst rating on (CVBF) stock is a Buy with a $22.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.

CVB Financial Appoints Timothy Stephens to Board

On October 23, 2025, CVB Financial Corp. announced the appointment of Timothy Stephens as a new Board Member, effective November 1, 2025. Stephens, who brings over 33 years of experience in financial services and information technology, will also serve on various committees within the company and its subsidiary, Citizens Business Bank. This appointment expands the boards of both the company and the bank from eight to nine members, enhancing their skill set mix, geographic representation, and diversity.

The most recent analyst rating on (CVBF) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.

CVB Financial Reports Strong Q3 2025 Performance

In October 2025, CVB Financial Corp. announced that its President and CEO, along with the CFO, will present to institutional investors throughout the fourth quarter of 2025, with updated financial information from the third quarter. The company reported a net income of $52.6 million for Q3 2025, with an increase in loans and deposits compared to the previous quarter. CVB Financial Corp. continues to maintain strong profitability and asset quality, with a focus on expanding its market presence and maintaining its position as a leading financial institution in Southern California.

The most recent analyst rating on (CVBF) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.