CVB Financial Corp. (CVBF) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Regional
EV/EBITDA
↑
13.04
+9% vs avg
5yr avg: 11.91
30Y Low4.5·High34.8
P/FCF
↓
12.83
+3% vs avg
5yr avg: 12.40
30Y Low7.2·High22.1
P/B Ratio
↓
1.22
↓-14% vs avg
5yr avg: 1.41
30Y Low1.1·High4.7
ROE
↓
9.3%
-10% vs avg
5yr avg: 10.4%
30Y Low9%·High22%
Debt/EBITDA
↑
3.52
↓-12% vs avg
5yr avg: 3.99
30Y Low1.5·High25.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
CVBF Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
CVB Financial Corp. trades at 13.5x earnings, roughly in line with its 5-year average of 13.8x, sitting at the 13th percentile of its historical range. This is roughly in line with the Financial Services sector median P/E of 13.3x. On a free-cash-flow basis, the stock trades at 12.8x P/FCF, roughly in line with the 5-year average of 12.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.8B | $2.5B | $3.0B | $2.8B | $3.6B | $2.9B | $2.7B | $3.0B | $2.5B | $2.6B | $2.5B |
| Enterprise Value | $3.7B | $3.4B | $3.5B | $4.8B | $5.0B | $1.8B | $1.1B | $3.3B | $3.0B | $3.0B | $3.0B |
| P/E Ratio → | 13.51 | 12.24 | 14.87 | 12.70 | 15.42 | 13.72 | 15.00 | 14.58 | 16.18 | 24.80 | 24.39 |
| P/S Ratio | 4.34 | 3.93 | 4.50 | 4.20 | 6.42 | 6.20 | 5.55 | 5.96 | 6.09 | 7.94 | 8.21 |
| P/B Ratio | 1.22 | 1.10 | 1.36 | 1.35 | 1.85 | 1.39 | 1.32 | 1.51 | 1.33 | 2.42 | 2.49 |
| P/FCF | 12.83 | 11.63 | 12.13 | 9.60 | 13.43 | 15.21 | 14.72 | 14.90 | 15.35 | 19.21 | 22.06 |
| P/OCF | 12.60 | 11.42 | 11.88 | 9.46 | 13.17 | 14.85 | 14.35 | 14.51 | 14.96 | 18.53 | 19.83 |
P/E links to full P/E history page with 30-year chart
CVBF EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
CVB Financial Corp.'s enterprise value stands at 13.0x EBITDA, 9% above its 5-year average of 11.9x. The Financial Services sector median is 11.4x, placing the stock at a 14% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.30 | 5.35 | 7.28 | 8.81 | 3.81 | 2.35 | 6.49 | 7.51 | 9.22 | 9.92 |
| EV / EBITDA | 13.04 | 12.11 | 12.29 | 14.53 | 14.48 | 6.13 | 4.53 | 10.49 | 13.87 | 15.69 | 17.79 |
| EV / EBIT | 13.04 | 12.11 | 12.99 | 15.37 | 15.08 | 6.00 | 4.51 | 11.29 | 14.42 | 15.91 | 18.37 |
| EV / FCF | — | 15.70 | 14.40 | 16.65 | 18.45 | 9.37 | 6.23 | 16.21 | 18.93 | 22.30 | 26.64 |
CVBF Profitability
Margins and return-on-capital ratios measuring operating efficiency
CVB Financial Corp. earns an operating margin of 43.8%, significantly above the Financial Services sector average of 21.4%. Operating margins have compressed from 47.4% to 43.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 9.3% is modest, trailing the sector median of 9.5%. ROIC of 6.8% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 79.9% | 79.9% | 72.9% | 82.0% | 96.5% | 104.4% | 92.1% | 94.7% | 96.5% | 100.2% | 99.6% |
| Operating Margin | 43.8% | 43.8% | 41.2% | 47.4% | 58.4% | 63.6% | 52.1% | 57.5% | 52.1% | 57.9% | 54.0% |
| Net Profit Margin | 32.5% | 32.5% | 30.5% | 33.3% | 41.9% | 45.4% | 37.0% | 41.0% | 37.5% | 32.0% | 33.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.3% | 9.3% | 9.4% | 11.0% | 11.7% | 10.4% | 8.9% | 10.8% | 10.4% | 10.1% | 10.6% |
| ROA | 1.4% | 1.4% | 1.3% | 1.4% | 1.5% | 1.4% | 1.4% | 1.8% | 1.5% | 1.3% | 1.3% |
| ROIC | 6.8% | 6.8% | 5.5% | 6.0% | 7.9% | 8.6% | 7.6% | 8.6% | 7.5% | 8.5% | 7.2% |
| ROCE | 9.3% | 9.3% | 11.6% | 14.6% | 15.1% | 13.2% | 11.4% | 14.1% | 13.4% | 16.6% | 15.3% |
CVBF Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
CVB Financial Corp. carries a Debt/EBITDA ratio of 3.5x, which is moderately leveraged (15% below the sector average of 4.1x). Net debt stands at $883M ($991M total debt minus $108M cash). Interest coverage of just 2.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.43 | 0.43 | 0.35 | 1.13 | 0.80 | 0.31 | 0.23 | 0.23 | 0.40 | 0.54 | 0.69 |
| Debt / EBITDA | 3.52 | 3.52 | 2.66 | 7.02 | 4.56 | 2.21 | 1.89 | 1.45 | 3.41 | 3.03 | 4.07 |
| Net Debt / Equity | — | 0.38 | 0.25 | 0.99 | 0.69 | -0.54 | -0.76 | 0.13 | 0.31 | 0.39 | 0.52 |
| Net Debt / EBITDA | 3.13 | 3.13 | 1.94 | 6.15 | 3.94 | -3.82 | -6.17 | 0.85 | 2.63 | 2.18 | 3.06 |
| Debt / FCF | — | 4.06 | 2.28 | 7.05 | 5.02 | -5.85 | -8.49 | 1.31 | 3.59 | 3.10 | 4.58 |
| Interest Coverage | 2.12 | 2.12 | 1.48 | 2.67 | 35.87 | 48.96 | 17.47 | 13.18 | 16.47 | 22.76 | 20.35 |
CVBF Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.01x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.26x to 0.01x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.01 | 0.01 | 0.04 | 0.26 | 0.26 | 0.37 | 0.37 | 0.22 | 0.22 | 0.34 | 0.37 |
| Quick Ratio | 0.01 | 0.01 | 0.04 | 0.26 | 0.26 | 0.37 | 0.37 | 0.22 | 0.22 | 0.34 | 0.37 |
| Cash Ratio | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.13 | 0.16 | 0.02 | 0.02 | 0.02 | 0.02 |
| Asset Turnover | — | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
CVBF Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
CVB Financial Corp. returns 6.9% to shareholders annually — split between a 4.0% dividend yield and 2.9% buyback yield. A payout ratio of 53.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 7.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 4.0% | 4.4% | 3.8% | 4.0% | 2.9% | 3.4% | 3.7% | 3.2% | 2.7% | 2.2% | 2.1% |
| Payout Ratio | 53.0% | 53.0% | 55.7% | 50.4% | 44.4% | 46.0% | 55.6% | 45.9% | 43.4% | 54.6% | 50.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 7.4% | 8.2% | 6.7% | 7.9% | 6.5% | 7.3% | 6.7% | 6.9% | 6.2% | 4.0% | 4.1% |
| FCF Yield | 7.8% | 8.6% | 8.2% | 10.4% | 7.4% | 6.6% | 6.8% | 6.7% | 6.5% | 5.2% | 4.5% |
| Buyback Yield | 2.9% | 3.2% | 0.1% | 0.8% | 3.2% | 0.3% | 3.5% | 0.1% | 0.3% | 0.0% | 0.1% |
| Total Shareholder Yield | 6.9% | 7.6% | 3.9% | 4.8% | 6.1% | 3.7% | 7.2% | 3.2% | 3.0% | 2.2% | 2.2% |
| Shares Outstanding | — | $136M | $139M | $138M | $140M | $135M | $136M | $140M | $122M | $110M | $108M |
Peer Comparison
Compare CVBF with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 CVBFYou | $3B | 13.5 | 13.0 | 12.8 | 79.9% | 43.8% | 9.3% | 6.8% | 3.5 |
 WAFD | $3B | 13.5 | 12.9 | 13.0 | 50.9% | 20.5% | 7.5% | 3.9% | 6.1 |
 BANR | $2B | 11.5 | 9.5 | 8.9 | 79.0% | 29.5% | 10.5% | 7.7% | 1.5 |
 COLB | $7B | 12.9 | 11.8 | 10.0 | 67.7% | 23.4% | 8.5% | 5.4% | 4.5 |
 FFIN | $5B | 20.7 | 14.1 | 15.7 | 70.8% | 36.8% | 14.4% | 11.0% | 0.7 |
 BOKF | $10B | 16.6 | 17.4 | 7.3 | 57.1% | 19.8% | 9.8% | 4.1% | 5.8 |
 EWBC | $17B | 13.0 | 9.6 | 11.3 | 60.1% | 37.4% | 15.9% | 11.2% | 1.6 |
 HOPE | $2B | 27.2 | 17.1 | 10.6 | 48.6% | 8.3% | 2.6% | 2.3% | 4.7 |
 HAFC | $901M | 12.0 | 8.5 | 4.4 | 57.5% | 24.3% | 10.0% | 7.4% | 2.5 |
 SMBC | $765M | 13.3 | 8.5 | 10.2 | 57.7% | 24.2% | 11.3% | 8.5% | 1.7 |
 CBNK | $511M | 9.2 | 7.2 | 7.6 | 73.6% | 23.3% | 15.1% | 12.6% | 0.7 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
See CVBF's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs CVBF Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare CVBF vs WAFD
Side-by-side business, growth, and profitability comparison vs WaFd, Inc..
Start ComparisonCVBF — Frequently Asked Questions
Quick answers to the most common questions about buying CVBF stock.
What is CVB Financial Corp.'s P/E ratio?
CVB Financial Corp.'s current P/E ratio is 13.5x. The historical average is 16.7x. This places it at the 13th percentile of its historical range.
What is CVB Financial Corp.'s EV/EBITDA?
CVB Financial Corp.'s current EV/EBITDA is 13.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 16.1x.
What is CVB Financial Corp.'s ROE?
CVB Financial Corp.'s return on equity (ROE) is 9.3%. The historical average is 14.2%.
Is CVBF stock overvalued?
Based on historical data, CVB Financial Corp. is trading at a P/E of 13.5x. This is at the 13th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is CVB Financial Corp.'s dividend yield?
CVB Financial Corp.'s current dividend yield is 3.98% with a payout ratio of 53.0%.
What are CVB Financial Corp.'s profit margins?
CVB Financial Corp. has 79.9% gross margin and 43.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does CVB Financial Corp. have?
CVB Financial Corp.'s Debt/EBITDA ratio is 3.5x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.