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Stock Comparison

CVBF vs ICE vs NDAQ vs MCO

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
CVBF
CVB Financial Corp.

Banks - Regional

Financial ServicesNASDAQ • US
Market Cap$2.78B
5Y Perf.+5.1%
ICE
Intercontinental Exchange, Inc.

Financial - Data & Stock Exchanges

Financial ServicesNYSE • US
Market Cap$88.45B
5Y Perf.+60.6%
NDAQ
Nasdaq, Inc.

Financial - Data & Stock Exchanges

Financial ServicesNASDAQ • US
Market Cap$50.59B
5Y Perf.+125.4%
MCO
Moody's Corporation

Financial - Data & Stock Exchanges

Financial ServicesNYSE • US
Market Cap$81.04B
5Y Perf.+70.9%

CVBF vs ICE vs NDAQ vs MCO — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
CVBF logoCVBF
ICE logoICE
NDAQ logoNDAQ
MCO logoMCO
IndustryBanks - RegionalFinancial - Data & Stock ExchangesFinancial - Data & Stock ExchangesFinancial - Data & Stock Exchanges
Market Cap$2.78B$88.45B$50.59B$81.04B
Revenue (TTM)$643M$12.64B$8.22B$7.72B
Net Income (TTM)$209M$3.30B$1.91B$2.50B
Gross Margin79.9%61.9%47.9%68.2%
Operating Margin43.8%38.7%28.4%44.8%
Forward P/E14.2x19.5x22.6x27.4x
Total Debt$991M$20.28B$9.93B$7.35B
Cash & Equiv.$108M$837M$814M$2.38B

CVBF vs ICE vs NDAQ vs MCOLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

CVBF
ICE
NDAQ
MCO
StockMay 20May 26Return
CVB Financial Corp. (CVBF)100105.1+5.1%
Intercontinental Ex… (ICE)100160.6+60.6%
Nasdaq, Inc. (NDAQ)100225.4+125.4%
Moody's Corporation (MCO)100170.9+70.9%

Price return only. Dividends and distributions are not included.

Quick Verdict: CVBF vs ICE vs NDAQ vs MCO

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: NDAQ leads in 4 of 7 categories, making it the strongest pick for growth and revenue expansion and profitability and margin quality. CVB Financial Corp. is the stronger pick specifically for valuation and capital efficiency and dividend income and shareholder returns. ICE also leads in specific categories worth noting. As sector peers, any of these can serve as alternatives in the same allocation.
CVBF
CVB Financial Corp.
The Banking Pick

CVBF is the #2 pick in this set and the best alternative if value and dividends is your priority.

  • Lower P/E (14.2x vs 27.4x)
  • 4.0% yield, 4-year raise streak, vs MCO's 0.9%
Best for: value and dividends
ICE
Intercontinental Exchange, Inc.
The Banking Pick

ICE is the clearest fit if your priority is income & stability and sleep-well-at-night.

  • Dividend streak 14 yrs, beta 0.33, yield 1.2%
  • Lower volatility, beta 0.33, Low D/E 69.9%, current ratio 1.02x
  • Beta 0.33, yield 1.2%, current ratio 1.02x
  • Beta 0.33 vs CVBF's 0.94
Best for: income & stability and sleep-well-at-night
NDAQ
Nasdaq, Inc.
The Banking Pick

NDAQ carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.

  • Rev growth 11.1%, EPS growth 60.1%
  • 347.6% 10Y total return vs MCO's 409.5%
  • PEG 2.12 vs CVBF's 4.48
  • 11.1% NII/revenue growth vs CVBF's -2.3%
Best for: growth exposure and long-term compounding
MCO
Moody's Corporation
The Financial Play

MCO lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: financial services exposure
See the full category breakdown
CategoryWinnerWhy
GrowthNDAQ logoNDAQ11.1% NII/revenue growth vs CVBF's -2.3%
ValueCVBF logoCVBFLower P/E (14.2x vs 27.4x)
Quality / MarginsNDAQ logoNDAQEfficiency ratio 0.2% vs CVBF's 0.4% (lower = leaner)
Stability / SafetyICE logoICEBeta 0.33 vs CVBF's 0.94
DividendsCVBF logoCVBF4.0% yield, 4-year raise streak, vs MCO's 0.9%
Momentum (1Y)NDAQ logoNDAQ+14.6% vs ICE's -10.4%
Efficiency (ROA)NDAQ logoNDAQEfficiency ratio 0.2% vs CVBF's 0.4%

CVBF vs ICE vs NDAQ vs MCO — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

CVBFCVB Financial Corp.
FY 2025
Deposit Account
52.3%$19M
Fiduciary and Trust
40.4%$15M
Credit Card
7.3%$3M
ICEIntercontinental Exchange, Inc.
FY 2025
Fixed Income And Data Services Segment
51.1%$1.4B
Exchanges Segment
38.8%$1.0B
Mortgage Technology Segment
10.1%$269M
NDAQNasdaq, Inc.
FY 2025
Market Services
51.4%$4.2B
Capital Access Platforms
26.1%$2.1B
Market Technology
22.6%$1.9B
MCOMoody's Corporation
FY 2025
Moodys Analytics
62.7%$4.8B
Moodys Investors Service
37.3%$2.9B

CVBF vs ICE vs NDAQ vs MCO — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLCVBFLAGGINGNDAQ

Income & Cash Flow (Last 12 Months)

CVBF leads this category, winning 2 of 5 comparable metrics.

ICE is the larger business by revenue, generating $12.6B annually — 19.6x CVBF's $643M. CVBF is the more profitable business, keeping 32.5% of every revenue dollar as net income compared to NDAQ's 21.8%.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
RevenueTrailing 12 months$643M$12.6B$8.2B$7.7B
EBITDAEarnings before interest/tax$294M$6.5B$3.1B$4.0B
Net IncomeAfter-tax profit$209M$3.3B$1.9B$2.5B
Free Cash FlowCash after capex$217M$4.3B$2.0B$3.0B
Gross MarginGross profit ÷ Revenue+79.9%+61.9%+47.9%+68.2%
Operating MarginEBIT ÷ Revenue+43.8%+38.7%+28.4%+44.8%
Net MarginNet income ÷ Revenue+32.5%+26.1%+21.8%+31.9%
FCF MarginFCF ÷ Revenue+33.8%+33.9%+24.2%+33.4%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year+11.1%+23.1%+33.8%+7.8%
CVBF leads this category, winning 2 of 5 comparable metrics.

Valuation Metrics

CVBF leads this category, winning 6 of 7 comparable metrics.

At 13.5x trailing earnings, CVBF trades at a 60% valuation discount to MCO's 33.4x P/E. Adjusting for growth (PEG ratio), NDAQ offers better value at 2.70x vs MCO's 4.29x — a lower PEG means you pay less per unit of expected earnings growth.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
Market CapShares × price$2.8B$88.4B$50.6B$81.0B
Enterprise ValueMkt cap + debt − cash$3.7B$107.9B$59.7B$86.0B
Trailing P/EPrice ÷ TTM EPS13.49x27.06x28.80x33.44x
Forward P/EPrice ÷ next-FY EPS est.14.24x19.48x22.65x27.37x
PEG RatioP/E ÷ EPS growth rate4.25x3.05x2.70x4.29x
EV / EBITDAEnterprise value multiple13.02x16.71x20.14x21.86x
Price / SalesMarket cap ÷ Revenue4.33x7.00x6.16x10.50x
Price / BookPrice ÷ Book value/share1.21x3.08x4.19x19.56x
Price / FCFMarket cap ÷ FCF12.81x20.62x25.44x31.47x
CVBF leads this category, winning 6 of 7 comparable metrics.

Profitability & Efficiency

MCO leads this category, winning 6 of 9 comparable metrics.

MCO delivers a 64.1% return on equity — every $100 of shareholder capital generates $64 in annual profit, vs $9 for CVBF. CVBF carries lower financial leverage with a 0.43x debt-to-equity ratio, signaling a more conservative balance sheet compared to MCO's 1.75x. On the Piotroski fundamental quality scale (0–9), ICE scores 9/9 vs CVBF's 6/9, reflecting strong financial health.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
ROE (TTM)Return on equity+9.3%+11.6%+15.9%+64.1%
ROA (TTM)Return on assets+1.4%+2.3%+6.4%+16.2%
ROICReturn on invested capital+6.8%+7.5%+8.1%+22.5%
ROCEReturn on capital employed+9.3%+9.5%+10.2%+27.9%
Piotroski ScoreFundamental quality 0–96999
Debt / EquityFinancial leverage0.43x0.70x0.81x1.75x
Net DebtTotal debt minus cash$883M$19.4B$9.1B$5.0B
Cash & Equiv.Liquid assets$108M$837M$814M$2.4B
Total DebtShort + long-term debt$991M$20.3B$9.9B$7.4B
Interest CoverageEBIT ÷ Interest expense2.12x6.53x14.11x17.22x
MCO leads this category, winning 6 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

CVBF leads this category, winning 3 of 6 comparable metrics.

A $10,000 investment in NDAQ five years ago would be worth $17,036 today (with dividends reinvested), compared to $11,217 for CVBF. Over the past 12 months, NDAQ leads with a +14.6% total return vs ICE's -10.4%. The 3-year compound annual growth rate (CAGR) favors CVBF at 24.7% vs ICE's 14.7% — a key indicator of consistent wealth creation.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
YTD ReturnYear-to-date+10.9%-2.1%-7.6%-8.2%
1-Year ReturnPast 12 months+13.1%-10.4%+14.6%-1.5%
3-Year ReturnCumulative with dividends+94.0%+50.8%+67.4%+52.8%
5-Year ReturnCumulative with dividends+12.2%+43.4%+70.4%+41.4%
10-Year ReturnCumulative with dividends+67.6%+225.3%+347.6%+409.5%
CAGR (3Y)Annualised 3-year return+24.7%+14.7%+18.7%+15.2%
CVBF leads this category, winning 3 of 6 comparable metrics.

Risk & Volatility

Evenly matched — CVBF and ICE each lead in 1 of 2 comparable metrics.

ICE is the less volatile stock with a 0.33 beta — it tends to amplify market swings less than CVBF's 0.94 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. CVBF currently trades 95.5% from its 52-week high vs ICE's 82.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
Beta (5Y)Sensitivity to S&P 5000.94x0.33x0.78x0.86x
52-Week HighHighest price in past year$21.48$189.35$101.79$546.88
52-Week LowLowest price in past year$17.95$143.17$77.09$402.28
% of 52W HighCurrent price vs 52-week peak+95.5%+82.5%+87.4%+83.6%
RSI (14)Momentum oscillator 0–10057.938.852.648.0
Avg Volume (50D)Average daily shares traded1.6M3.0M3.3M1.1M
Evenly matched — CVBF and ICE each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — CVBF and MCO each lead in 1 of 2 comparable metrics.

Analyst consensus: CVBF as "Hold", ICE as "Buy", NDAQ as "Buy", MCO as "Buy". Consensus price targets imply 28.8% upside for NDAQ (target: $115) vs 19.2% for MCO (target: $545). For income investors, CVBF offers the higher dividend yield at 3.98% vs MCO's 0.85%.

MetricCVBF logoCVBFCVB Financial Cor…ICE logoICEIntercontinental …NDAQ logoNDAQNasdaq, Inc.MCO logoMCOMoody's Corporati…
Analyst RatingConsensus buy/hold/sellHoldBuyBuyBuy
Price TargetConsensus 12-month target$24.75$195.71$114.60$544.75
# AnalystsCovering analysts16363632
Dividend YieldAnnual dividend ÷ price+4.0%+1.2%+1.2%+0.9%
Dividend StreakConsecutive years of raises4141322
Dividend / ShareAnnual DPS$0.82$1.93$1.04$3.90
Buyback YieldShare repurchases ÷ mkt cap+2.9%+1.6%+1.2%+2.1%
Evenly matched — CVBF and MCO each lead in 1 of 2 comparable metrics.
Key Takeaway

CVBF leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). MCO leads in 1 (Profitability & Efficiency). 2 tied.

Best OverallCVB Financial Corp. (CVBF)Leads 3 of 6 categories
Loading custom metrics...

CVBF vs ICE vs NDAQ vs MCO: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is CVBF or ICE or NDAQ or MCO a better buy right now?

For growth investors, Nasdaq, Inc.

(NDAQ) is the stronger pick with 11. 1% revenue growth year-over-year, versus -2. 3% for CVB Financial Corp. (CVBF). CVB Financial Corp. (CVBF) offers the better valuation at 13. 5x trailing P/E (14. 2x forward), making it the more compelling value choice. Analysts rate Intercontinental Exchange, Inc. (ICE) a "Buy" — based on 36 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — CVBF or ICE or NDAQ or MCO?

On trailing P/E, CVB Financial Corp.

(CVBF) is the cheapest at 13. 5x versus Moody's Corporation at 33. 4x. On forward P/E, CVB Financial Corp. is actually cheaper at 14. 2x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Nasdaq, Inc. wins at 2. 12x versus CVB Financial Corp. 's 4. 48x.

03

Which is the better long-term investment — CVBF or ICE or NDAQ or MCO?

Over the past 5 years, Nasdaq, Inc.

(NDAQ) delivered a total return of +70. 4%, compared to +12. 2% for CVB Financial Corp. (CVBF). Over 10 years, the gap is even starker: MCO returned +409. 5% versus CVBF's +67. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — CVBF or ICE or NDAQ or MCO?

By beta (market sensitivity over 5 years), Intercontinental Exchange, Inc.

(ICE) is the lower-risk stock at 0. 33β versus CVB Financial Corp. 's 0. 94β — meaning CVBF is approximately 185% more volatile than ICE relative to the S&P 500. On balance sheet safety, CVB Financial Corp. (CVBF) carries a lower debt/equity ratio of 43% versus 175% for Moody's Corporation — giving it more financial flexibility in a downturn.

05

Which is growing faster — CVBF or ICE or NDAQ or MCO?

By revenue growth (latest reported year), Nasdaq, Inc.

(NDAQ) is pulling ahead at 11. 1% versus -2. 3% for CVB Financial Corp. (CVBF). On earnings-per-share growth, the picture is similar: Nasdaq, Inc. grew EPS 60. 1% year-over-year, compared to 5. 6% for CVB Financial Corp.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — CVBF or ICE or NDAQ or MCO?

CVB Financial Corp.

(CVBF) is the more profitable company, earning 32. 5% net margin versus 21. 8% for Nasdaq, Inc. — meaning it keeps 32. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MCO leads at 44. 8% versus 28. 4% for NDAQ. At the gross margin level — before operating expenses — CVBF leads at 79. 9%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is CVBF or ICE or NDAQ or MCO more undervalued right now?

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Nasdaq, Inc. (NDAQ) is the more undervalued stock at a PEG of 2. 12x versus CVB Financial Corp. 's 4. 48x. Both stocks trade at elevated growth-adjusted valuations, so expected growth needs to materialise. On forward earnings alone, CVB Financial Corp. (CVBF) trades at 14. 2x forward P/E versus 27. 4x for Moody's Corporation — 13. 1x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for NDAQ: 28. 8% to $114. 60.

08

Which pays a better dividend — CVBF or ICE or NDAQ or MCO?

All stocks in this comparison pay dividends.

CVB Financial Corp. (CVBF) offers the highest yield at 4. 0%, versus 0. 9% for Moody's Corporation (MCO).

09

Is CVBF or ICE or NDAQ or MCO better for a retirement portfolio?

For long-horizon retirement investors, Intercontinental Exchange, Inc.

(ICE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 33), 1. 2% yield, +225. 3% 10Y return). Both have compounded well over 10 years (ICE: +225. 3%, CVBF: +67. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between CVBF and ICE and NDAQ and MCO?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: CVBF is a small-cap deep-value stock; ICE is a mid-cap quality compounder stock; NDAQ is a mid-cap quality compounder stock; MCO is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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CVBF

Dividend Mega-Cap Quality

  • Sector: Financial Services
  • Market Cap > $100B
  • Net Margin > 19%
  • Dividend Yield > 1.5%
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ICE

Quality Mega-Cap Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 15%
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NDAQ

Quality Mega-Cap Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 13%
Run This Screen
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MCO

Quality Mega-Cap Compounder

  • Sector: Financial Services
  • Market Cap > $100B
  • Revenue Growth > 5%
  • Net Margin > 19%
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Beat Both

Find stocks that outperform CVBF and ICE and NDAQ and MCO on the metrics below

Revenue Growth>
%
(CVBF: -2.3% · ICE: 7.5%)
Net Margin>
%
(CVBF: 32.5% · ICE: 26.1%)
P/E Ratio<
x
(CVBF: 13.5x · ICE: 27.1x)

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