Cvb Financial (CVBF) AI Stock Analysis

• Market Cap: $2.67B
• Dividend Yield: 4%
• Average Volume (3M): 1.25M
• Price to Earnings (P/E): 13.0
• Beta (1Y): 0.84
• Revenue Growth: -8.43%
• EPS Growth: 3.75%
• Country: US
• Employees: 1,089
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.40
• Shares Outstanding: 135,551,600
• 10 Day Avg. Volume: 2,011,494
• 30 Day Avg. Volume: 1,245,763
• PEG Ratio: 2.52
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 4.21
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.33
• Enterprise Value/Revenue: 5.84
• Enterprise Value/Gross Profit: 6.99
• Enterprise Value/Ebitda: 12.03
• 1Y Price Target: $24.17
• Price Target Upside: 22.63% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: $22.00 ▲(11.62% Upside)

The score is driven primarily by solid financial performance (strong profitability and manageable leverage) and supportive valuation (moderate P/E with a ~4% dividend). Technicals are constructive with price above major moving averages, while the earnings call adds modest upside from strong NII/loan momentum and capital strength, tempered by securities unrealized losses and cautious macro/competition commentary.

Positive Factors

Net interest income & loan yield expansion

Sustained NII growth driven by higher loan yields and earning asset repricing strengthens core revenue generation. With a strong loan origination pipeline and rising loan yields, the bank has durable net interest margin support that can underlie earnings and dividend capacity over the next several quarters.

Capital and balance-sheet strength

Robust capital ratios and rising shareholders' equity provide a durable buffer against credit losses, allow for strategic M&A (Heritage deal) and support share buybacks/dividends. Strong regulatory capital reduces forced asset sales risk and preserves strategic optionality over the medium term.

Long track record of profitability and dividends

A multi-decade record of profitability and uninterrupted dividends reflects consistent underwriting, disciplined expense control and resilient customer relationships. This institutional stability supports deposit stickiness and credibility with borrowers, aiding durable earnings through economic cycles.

Negative Factors

Large unrealized securities losses

Material unrealized losses in the available-for-sale portfolio reflect duration and rate exposure that can depress OCI and tangible common equity. If rates move or liquidity is needed, realizing losses could constrain capital actions and increase volatility in reported equity over coming quarters.

Revenue and noninterest income weakness

A modest TTM revenue decline and weakening fee income reduce diversification away from interest margins. Over several months, persistent noninterest income softness makes earnings more dependent on NII and heightens sensitivity to NIM shocks and expense pressures.

Competitive pressure on loan pricing

Intense competition for high-quality loans can force yield concessions or higher pricing incentives, compressing net interest margins and increasing funding costs via compensation. Over the medium term, sustained pricing pressure risks crimping loan spread-driven earnings and origination economics.

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

Solid profitability and cost management (high net margin and strong EBIT/EBITDA margins) support the score, alongside manageable leverage. Offsetting factors include slight TTM revenue decline, a relatively low equity ratio, and weak operating cash flow conversion versus net income.

Income Statement

Cvb Financial's income statement shows strong profitability with a high gross profit margin of 78.6% and a net profit margin of 32.8% for TTM. However, the company experienced a revenue decline of 0.995% in the latest TTM period, indicating potential challenges in revenue growth. Despite this, EBIT and EBITDA margins remain robust at 44.0% and 46.7%, respectively, reflecting efficient cost management.

Balance Sheet

The balance sheet indicates a moderate debt-to-equity ratio of 0.42, suggesting manageable leverage levels. Return on equity is healthy at 9.18%, demonstrating effective use of equity to generate profits. However, the equity ratio of 14.6% suggests a relatively low proportion of equity financing compared to total assets, which could pose risks if asset values fluctuate.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate of 4.5% for TTM, indicating improved cash generation. The operating cash flow to net income ratio is low at 0.019, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is strong at 98.3%, highlighting efficient cash management relative to earnings.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	608.35M	658.69M	665.66M	561.94M	467.83M
Gross Profit	508.66M	480.17M	545.82M	542.18M	488.25M
EBITDA	295.59M	286.61M	333.60M	342.01M	291.22M
Net Income	209.30M	200.72M	221.44M	235.43M	212.52M
Balance Sheet
Total Assets	15.63B	15.15B	16.02B	16.48B	15.88B
Cash, Cash Equivalents and Short-Term Investments	2.79B	268.94M	3.25B	3.47B	4.94B
Total Debt	990.60M	761.89M	2.34B	1.56B	644.67M
Total Liabilities	25.32B	12.97B	13.94B	14.53B	13.80B
Stockholders Equity	2.30B	2.19B	2.08B	1.95B	2.08B
Cash Flow
Free Cash Flow	0.00	244.63M	291.11M	268.37M	190.56M
Operating Cash Flow	0.00	249.76M	295.63M	273.73M	195.24M
Investing Cash Flow	0.00	852.75M	536.28M	-1.18B	-1.73B
Financing Cash Flow	0.00	-1.18B	-754.08M	-625.85M	1.31B

Cvb Financial Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 19.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 19.71 is above the 20-day moving average (MA) of 19.58, above the 50-day MA of 19.48, and above the 200-day MA of 19.02, indicating a bullish trend. The MACD of 0.11 indicates Positive momentum. The RSI at 51.81 is Neutral, neither overbought nor oversold. The STOCH value of 14.03 is Positive, 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
CVBF	73 Outperform	$2.67B	12.97	9.10%	4.00%	-8.43%	3.75%
FBK	72 Outperform	$3.08B	23.48	6.98%	1.34%	10.50%	-6.22%
BOH	71 Outperform	$2.98B	16.15	11.70%	3.99%	3.40%	23.04%
BKU	70 Outperform	$3.57B	13.46	8.97%	2.71%	-5.44%	45.47%
TOWN	70 Outperform	$3.23B	15.84	7.37%	3.04%	9.48%	12.83%
PRK	68 Neutral	$2.62B	14.67	13.69%	2.96%	6.29%	28.28%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Cvb Financial Corporate Events

CVB Financial Updates Investor Presentation, Highlights Recent Performance

In January 2026, CVB Financial Corp. updated its investor slide presentation to reflect fourth-quarter 2025 financial information and announced that its president and CEO, along with its CFO, would present to institutional investors at various meetings throughout the first quarter of 2026. The updated materials, which include non-GAAP financial metrics, are being made available through the company’s website, underscoring CVB Financial’s ongoing outreach to the institutional investment community and its emphasis on transparency around recent financial performance amid its broader strategic activities.

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 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.