QualityDipStocks / Finance · Major Banks
CVB Financial CVBF
Outside our quality screen, so we don’t track its dips. It’s 1% below its 52-week high.
Outside our quality screen, trading well above our fair value estimate.
- Fair value est.
- $16.93−27%
- Market Value
- $22.88price +1%
- Off 52-wk high
- −1%
- Risk vs market
- Lowbeta 0.44
4 bullish · 5 bearish See why
Valuation
What we estimate it's worth, and how it ranks on value vs every stock we cover.
Fair value estimate
How the range is computed
Financials model (residual income). Same residual-income model as the base: cost of equity 9.5% ±1 point and return on equity 8.2% ±2 points. Bear = 10.5% and 6.2%; bull = 8.5% and 10.2%. A model estimate from public filings, not a forecast of where the price will go.
Price is above even the bull case.
What the price implies To be worth today’s price, CVBF would need a return on equity of about 12% a year; our estimate uses 8%.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 31 to Nov 2, 252 sessions). Beta = how much CVBF moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 1.8× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.44
- Volatility
- 23% vs 13% SPY
- Correlation SPY
- 0.25
- Correlation QQQ
- 0.07
How it ranks
Where CVBF stands vs every one of the 1,996 stocks we cover that has the number. Longer bar = better.
Not in the top quarter on any of these 3 measures
- Discount to fair value estimate27% · price above our base caseLowest 30%of 1,314
- Dividends + buybacks yield3.8% · cash paid out or used to retire shares, vs market capTop 38%of 1,836
- Revenue growth, last 12 months+14% · vs the 12 months beforeTop 36%of 1,814
From SEC filings and our fair value estimate model. A ranking, not advice.
Valuation details
DCF $16.93 · MV $22.88
Financials model (residual income): book value $19.31 a share on Jun 30, 2026, plus the earnings above a 9.5% cost of equity. ROE 8.2%, the average of 7.0% for the trailing 12 months to Jun 30, 2026 and 9.4% over fiscal 2021–2025, on average common equity; payout 73% of earnings (dividends 53% + net buybacks 20%), so book grows by the retained rest; the return above 9.5% fades halfway toward 9.5% over 10 years, then grows at 3% (terminal value). From the 10-Q filed Aug 7, 2026.
Fundamentals
The business itself: sales, profits, cash and debt, from SEC filings.
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 4 of 5
GrowthSales grew 14% to $574M over the last 12 months vs the 12 months before (SEC filings).
Cash returnsDividend yield of 2.7% ($110M paid over 12 months, 53% of earnings).
ProfitabilityNet margin of 36%, above the 22% median for the 281 Finance companies we cover.
ValuationPrice / book of 1.3×, below the 1.7× median for the 296 Finance companies we cover.
Top bearish points 5 of 5
ValuationOur residual-income fair value estimate is $16.93, 27% below the price.
Cash returnsShare count up 21.9% in a year: existing holders are being diluted.
ProfitabilityReturn on equity is only 8% over the last 12 months.
GrowthSales shrank 2% a year from FY2022 to FY2025.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%.
All fundamentals
P/E 19.8 · ROE 8% · Sales +14%
Valuation
- P/E
- 19.8×Finance median 13.6×
- Price / FCF
- n/acash flow isn't a clean measure for a bank
- FCF yield
- n/acash flow isn't a clean measure for a bank
- EV / EBITDA
- n/anot meaningful for a bank
- Price / sales
- 7.09×
- Price / book
- 1.28×
- Market cap
- $4.1Bprice × diluted shares
- Enterprise value
- n/anot reported in its SEC filings
Growth
- Revenue, 12 months
- $574Mnet interest income + noninterest income
- Sales growth, 12 months
- +14.1%vs the 12 months before
- Sales growth, 3 yrs
- −2.5%/yrfrom FY2022
- Diluted EPS, 12 months
- $1.44
- EPS growth, last FY
- +5.6%
- Net income, 12 months
- $206M
- Net income growth
- +2%12 months vs before
Profitability
- Gross margin
- n/anot meaningful for a bank
- Operating margin
- n/anot reported in its SEC filings
- Net margin
- 35.8%
- FCF margin
- 99.7%
- Return on equity
- 8%
- Return on invested capital
- n/anot meaningful for a bank
Balance sheet
- Cash & short-term inv.
- $1.1B
- Total debt
- n/anot reported in its SEC filings
- Net cash
- n/anot meaningful for a bank
- Debt / equity
- n/adeposits/float make debt/equity not comparable for a bank
- Interest coverage
- n/anot meaningful for a bank
Cash flow & returns
- Free cash flow, 12 months
- $572M
- FCF growth, 12 months
- +142%
- Dividend yield
- 2.69%$110M paid
- Payout ratio
- 53%
- Buybacks, 12 months
- $45M1.1% of market cap
- Share count, 1 year
- +21.9%diluted shares vs a year ago
- Stock-based comp
- $4M
Trailing 12 months to Jun 30, 2026; balance sheet at Jun 30, 2026. From CVB Financial’s SEC filings. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
The business
FCF $0.6B · Sales +54%
- Free cash flow, 12 months$0.6B
- Free-cash-flow yield13.9%
- Return on equity9%
- Sales growth (latest quarter vs year-ago quarter)+54%
Chart & levels
Where the price is vs its key levels and trends.
Key levels
Every level vs today’s $23.11
- Fair value est.base case$16.93−26.7%
- 52-wk lowlowest close, 1 year$18.19−21.3%
- Market Valueavg paid since Oct 22$22.88−1.0%
- PriceMon Nov 2 close$23.11you are here
- 52-wk highhighest close, 1 year$23.30+0.8%
Momentum & 52-week range
RSI 62 · 5 days +0.9%
Signals
Reversal signal setups, the public ledger and the next earnings date.
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
CVBF is outside our quality screen
One text when a published rule fires on one of the 332 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.
Voices & buzz
Who is talking about it, and how it compares with peers.
Who’s talking about it
Notable investors, executives, analysts and public figures on CVB Financial in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 3, 1:01 PM ET.
Compare with peers
Closest in size in Major Banks
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.