CVB Financial Corporation

CVB Financial Corporation operates as a bank holding company for Citizens Business Bank that provides banking, lending, trust, and investment services for small to mid-sized businesses and individuals. It operates in two segments, Business Financial and Commercial Banking Centers, and Dairy & Livestock and Agribusiness. The Company offers various deposit products, as well as serves as a federal tax depository for business customers. It also provides commercial and consumer financing products. In addition, the Company offers various specialized services and fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts.

Company Growth (employees)
Type
Public
HQ
Ontario, US
Founded
1974
Size (employees)
585 (est)
Website
cbbank.com
CVB Financial Corporation was founded in 1974 and is headquartered in Ontario, US

Key People/Management at CVB Financial Corporation

Christopher Myers

Christopher Myers

President and Chief Executive Officer
E. Nicholson

E. Nicholson

Executive Vice President and Chief Financial Officer
David Brager

David Brager

Executive Vice President, Sales Division
David Farnsworth

David Farnsworth

Executive Vice President and Chief Credit Officer
David Harvey

David Harvey

Executive Vice President and Chief Operations Officer
R. Banis

R. Banis

Executive Vice President and Head of CitizensTrust
Yamynn De Angelis

Yamynn De Angelis

Executive Vice President and Chief Risk Officer
Richard Wohl

Richard Wohl

Executive Vice President, General Counsel
Elsa Zavala

Elsa Zavala

Executive Vice President and Chief Information Security Officer
G. Zivelonghi

G. Zivelonghi

Executive Vice President and Dairy & Livestock Industries Group Manager
Ted Dondanville

Ted Dondanville

Executive Vice President and Senior Lender
Hector Gutierrez

Hector Gutierrez

Executive Vice President and Deputy Chief Credit Officer
David Krebs

David Krebs

Senior Vice President and Director of Human Resources
James Mead

James Mead

Senior Vice President, Inland Empire Region
Michael Mulcahy

Michael Mulcahy

Senior Vice President, Los Angeles Region
Timothy Noone

Timothy Noone

Senior Vice President, San Gabriel Valley Regional Manager and Specialty Banking Group Manager
Mark Richardson

Mark Richardson

Senior Vice President, Manager of Real Estate Banking Group
Michael Stain

Michael Stain

Senior Vice President, Central Valley Region

CVB Financial Corporation Office Locations

CVB Financial Corporation has offices in Ontario, Orange, Riverside, Oxnard and in 20 other locations
Ontario, US (HQ)
701 N Haven Avenue
Show all (24)

CVB Financial Corporation Financials and Metrics

CVB Financial Corporation Financials

CVB Financial Corporation's revenue was reported to be $300.6 m in FY, 2016
USD

Revenue (Q2, 2017)

83.4 m

Gross profit (Q2, 2017)

81.3 m

Gross profit margin (Q2, 2017), %

97%

Net income (Q2, 2017)

28.4 m

Market capitalization (16-Feb-2018)

2.6 b

Cash (30-Jun-2017)

184.7 m
CVB Financial Corporation's current market capitalization is $2.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

232.8 m289.3 k295 m300.6 m

Revenue growth, %

(100%)101864%2%

Cost of goods sold

16.5 m16.4 m8.6 m8 m

Gross profit

216.3 m(16.1 m)286.4 m292.6 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

63 m72.6 m68.3 m73.3 m72.2 m72.9 m76.1 m73.2 m77.3 m74.4 m76.2 m83.4 m

Cost of goods sold

4.1 m4.1 m4.1 m4.1 m3.2 m1.8 m1.8 m2 m2.1 m2 m2 m2.1 m

Gross profit

58.9 m68.4 m64.2 m69.2 m69 m71.1 m74.3 m71.2 m75.2 m72.3 m74.2 m81.3 m

Gross profit Margin, %

93%94%94%94%96%98%98%97%97%97%97%97%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

94.7 m105.8 m106.1 m121.6 m

Accounts Receivable

22.1 m23.2 m22.7 m22.3 m

PP&E

32.8 m33.6 m31.4 m42.1 m

Goodwill

55.1 m74.2 m74.2 m89.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

131.4 m421.4 m404.2 m240.1 m401.4 m446.4 m308.2 m239.6 m699.2 m259.2 m382.4 m184.7 m

PP&E

33.6 m31.7 m36 m34.6 m32.6 m31.9 m31.8 m39.9 m39.7 m38.7 m47.3 m47.4 m

Goodwill

55.1 m55.1 m74.8 m74.2 m74.2 m74.2 m74.2 m88.2 m88.2 m88.2 m119.2 m119.2 m

Total Assets

6.6 b6.9 b7.4 b7.4 b7.4 b7.7 b7.6 b7.9 b8.3 b8 b8.6 b8.4 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

95.6 m104 m99.1 m101.4 m

Depreciation and Amortization

1.1 m1.1 m949 k

Cash From Operating Activities

111.8 m87.7 m105.6 m123.3 m

Cash From Investing Activities

(378.5 m)(268.5 m)(300.7 m)(152.7 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

24.2 m28.7 m25.5 m24.3 m15.8 m42.6 m70.5 m23.4 m48.9 m74.4 m28.5 m56.9 m

Depreciation and Amortization

193 k466 k268 k239 k220 k

Accounts Receivable

22.4 m23.5 m22.9 m22.2 m22.8 m23.1 m21.4 m21.2 m21.9 m

Accounts Payable

1.2 m1.1 m306 k321 k273 k275 k
USDY, 2017

Revenue/Employee

142.5 k

Financial Leverage

7.9 x
Show all financial metrics

CVB Financial Corporation Operating Metrics

CVB Financial Corporation's Total Loans was reported to be $4.7 b in Q2, 2017
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Total Loans

$3.82 b$3.72 b$3.78 b$3.82 b$4.02 b$4.17 b$4.24 b$4.3 b$4.4 b$4.62 b$4.69 b

Non-performing Loans

$32.19 m$23 m$22.22 m$23.65 m$21.02 m$18.14 m$17.47 m$8.67 m$7.15 m$10.35 m$12.22 m
Show all operating metrics

CVB Financial Corporation Market Value History

CVB Financial Corporation's Web-traffic and Trends

CVB Financial Corporation Company Life and Culture

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