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.
Type | Public | |
Founded | 1974 | |
HQ | Ontario, CA, US | Map |
Website | cbbank.com | |
Employee Ratings | More |
USD | |
---|---|
Revenue (FY, 2020) | 49.9m |
Net income (FY, 2020) | 177.2m |
Market capitalization (1-Mar-2021) | 3.0b |
Closing stock price (1-Mar-2021) | 22.0 |
Cash (31-Dec-2020) | 2.0b |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 34.2m | 15.9m | 25.3m | 36.4m | 33.5m | 35.6m | 42.1m | 43.5m | 59.0m | 49.9m |
Revenue growth, % | (100%) | 101864% | 2% | |||||||
Sales and marketing expense | 5.0m | 4.9m | 4.7m | 5.2m | 5.0m | 5.0m | 4.8m | 5.3m | 5.9m | 4.5m |
Operating expense total | 22.2m | 19.0m | 19.8m | 21.6m | 21.5m | 22.4m | 22.8m | 21.9m | 23.2m | 22.4m |
USD | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 10.0m | 6.0m | 7.5m | 5.3m | 2.3m | 2.6m | 6.7m | 7.7m | 5.0m | 11.5m | 7.1m | 8.0m | 8.0m | 8.3m | 8.4m | 8.7m | 9.3m | 9.2m | 8.7m | 10.8m | 10.0m | 12.9m | 9.7m | 10.1m | 16.3m | 18.2m | 11.9m | 11.6m | 12.2m | 13.2m |
Sales and marketing expense | 1.3m | 1.3m | 1.2m | 1.3m | 1.1m | 1.1m | 1.3m | 1.3m | 1.3m | 1.3m | 1.2m | 1.3m | 1.4m | 1.2m | 1.2m | 1.2m | 1.2m | 1.1m | 1.4m | 1.1m | 1.1m | 1.4m | 1.2m | 1.5m | 1.6m | 1.3m | 728.0k | |||
Operating expense total | 9.8m | 9.0m | 8.2m | 5.1m | 5.2m | 4.7m | 6.3m | 4.6m | 4.8m | 5.0m | 6.1m | 5.6m | 5.6m | 5.2m | 5.3m | 6.3m | 6.1m | 5.6m | 5.4m | 5.9m | 5.6m | 5.3m | 4.9m | 5.4m | 6.3m | 6.0m | 5.3m | 5.4m | 5.1m | 6.1m |
Depreciation and amortization | 127.0k | 122.0k | 193.0k | 466.0k | 268.0k | 239.0k | 220.0k | 1.7m | 2.9m | 2.8m | 2.6m | 2.4m | 2.4m | 2.3m |
USD | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 399.1m | 457.1m | 442.9m | 276.3m | 476.7m | 248.2m | 135.3m | 282.3m | 131.4m | 421.4m | 404.2m | 240.1m | 401.4m | 446.4m | 308.2m | 239.6m | 699.2m | 259.2m | 382.4m | 184.7m | 143.8m | 456.2m | 181.5m | 194.5m | 172.2m | 175.8m | 437.5m | 705.7m | 1.9b | 1.5b |
Accounts Receivable | 3.5b | 3.1b | 3.1b | 3.2b | 3.2b | 3.4b | 3.5b | 3.7b | 3.7b | 3.8b | 4.1b | 4.2b | 4.2b | 4.6b | 4.6b | 4.7b | 4.7b | 4.8b | 7.5b | 7.5b | 7.5b | 7.4b | 7.4b | 8.3b | 8.3b | |||||
PP&E | 39.4m | 38.0m | 36.7m | 35.6m | 36.5m | 35.6m | 34.9m | 34.2m | 33.6m | 31.7m | 36.0m | 34.6m | 32.6m | 31.9m | 31.8m | 39.9m | 39.7m | 38.7m | 47.3m | 47.4m | 46.7m | 45.5m | 44.7m | 59.3m | 55.8m | 54.2m | 53.3m | 52.9m | 51.8m | 51.5m |
Goodwill | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 55.1m | 74.8m | 74.2m | 74.2m | 74.2m | 74.2m | 88.2m | 88.2m | 88.2m | 119.2m | 119.2m | 116.6m | 116.6m | 116.6m | 662.9m | 666.5m | 663.7m | 663.7m | 663.7m | 663.7m | 663.7m |
USD | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|---|---|---|---|---|---|
Net Income | 81.7m | 77.3m | 95.6m | 104.0m | 99.1m | 101.4m | 104.4m | 152.0m | 207.8m | 177.2m |
Depreciation and Amortization | 9.6m | 7.5m | 2.4m | 559.0k | (2.0m) | 3.8m | (645.0k) | 8.3m | 22.0m | (1.2m) |
Cash From Operating Activities | 130.0m | 154.8m | 111.8m | 87.7m | 105.6m | 123.3m | 139.6m | 168.4m | 208.2m | 185.1m |
Purchases of PP&E | (1.7m) | (4.3m) | (2.4m) | (1.9m) | (1.9m) | (12.6m) | (4.9m) | (4.2m) | (5.5m) | (4.7m) |
USD | Q1, 2011 | Q2, 2011 | Q3, 2011 | Q1, 2012 | Q2, 2012 | Q3, 2012 | Q1, 2013 | Q2, 2013 | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 16.6m | 37.6m | 60.0m | 22.3m | 45.9m | 55.1m | 21.6m | 46.1m | 70.3m | 28.7m | 54.1m | 78.4m | 15.8m | 42.6m | 70.5m | 23.4m | 48.9m | 74.4m | 28.5m | 56.9m | 86.6m | 34.9m | 70.3m | 108.8m | 156.5m | 38.0m | 79.6m | 127.1m | ||
Depreciation and Amortization | 2.6m | 5.0m | 7.3m | 2.2m | 4.0m | 5.8m | 831.0k | 1.6m | 2.0m | 354.0k | 858.0k | 488.0k | (271.0k) | (229.0k) | (701.0k) | 137.0k | 1.7m | 3.1m | 558.0k | (402.0k) | (433.0k) | 257.0k | 354.0k | (582.0k) | 5.7m | 7.8m | 17.0m | 5.2m | 3.7m | 2.2m |
Cash From Operating Activities | 5.8m | 12.5m | 51.9m | 34.6m | 84.5m | 115.3m | 8.3m | 53.2m | 72.8m | 29.0m | 32.3m | 66.2m | 28.1m | 49.6m | 85.4m | 31.3m | 58.6m | 98.2m | 57.1m | 66.4m | 107.5m | 40.4m | 68.3m | 116.6m | 54.5m | 82.6m | 147.4m | 75.5m | 97.1m | 138.0m |
Purchases of PP&E | (309.0k) | (459.0k) | (679.0k) | (711.0k) | (2.9m) | 3.4m | (1.1m) | (1.5m) | (2.1m) | (301.0k) | (964.0k) | (1.7m) | (157.0k) | (485.0k) | (1.2m) | (911.0k) | (2.0m) | (2.3m) | (998.0k) | (2.5m) | (3.1m) | (716.0k) | (1.2m) | (3.5m) | (1.5m) | (2.6m) | (3.1m) | (882.0k) | (1.5m) | (2.4m) |
USD | Q1, 2011 |
---|---|
Financial Leverage | 9.9 x |
When was CVB Financial founded?
CVB Financial was founded in 1974.
Who are CVB Financial key executives?
CVB Financial's key executives are Thomas L. Trine, David A. Brager and Raymond V. O'Brien.
What is CVB Financial revenue?
Latest CVB Financial annual revenue is $49.9 m.
Who are CVB Financial competitors?
Competitors of CVB Financial include Citizens Financial Group, 1st Source and Orrstown Financial Services.
Where is CVB Financial headquarters?
CVB Financial headquarters is located at 701 N Haven Ave, Ontario.
Where are CVB Financial offices?
CVB Financial has an office in Ontario.
How many offices does CVB Financial have?
CVB Financial has 1 office.
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