CVB Financial Corp. operates as a bank holding company for Citizens Business Bank that provides banking, lending, and investment services. It operates in two segments, Banking Centers; and Dairy & Livestock and Agribusiness. The company offers checking, savings, and money market accounts, as well as time certificates of deposit; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; 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 that are secured by owner-occupied and investor owned properties; 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, the company offers various specialized services, such as cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, payroll services, remote deposit capture, electronic funds transfer, and online account access. Further, it provides trust and investment-related services to customers through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company's customers consist primarily of small to mid-sized businesses and individuals 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. As of April 18, 2018, the company operated 51 banking centers and 3 trust office locations. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:CVBF
CUSIP12660010
Phone909-980-4030
Debt
Debt-to-Equity Ratio0.02
Current Ratio0.73
Quick Ratio0.73
Price-To-Earnings
Trailing P/E Ratio21.93
Forward P/E Ratio18.48
P/E Growth1.95
Sales & Book Value
Annual Sales$329.34 million
Price / Sales7.86
Cash Flow$1.2249 per share
Price / Cash19.16
Book Value$9.70 per share
Price / Book2.42
Profitability
EPS (Most Recent Fiscal Year)$1.07
Net Income$104.41 million
Net Margins32.71%
Return on Equity11.61%
Return on Assets1.49%
Miscellaneous
EmployeesN/A
Outstanding Shares110,260,000
