CVB Historical Income Statement

CVBF Stock

USD 17.21 0.28 1.65%

Historical analysis of CVB Financial income statement accounts such as Other Operating Expenses of 367.7 M, EBITDA of 6.1 M or Total Operating Expenses of 72.5 M can show how well CVB Financial performed in making a profits. Evaluating CVB Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CVB Financial's future profits or losses.

Cash Flow Balance Sheet Income Statement

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining CVB Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CVB Financial is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVB Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.

About CVB Income Statement Analysis

CVB Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CVB Financial shareholders. The income statement also shows CVB investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CVB Financial Income Statement Chart

CVB Financial Income Statement is one of the three primary financial statements used for reporting CVB's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of CVB Financial revenue and expense. CVB Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, CVB Financial's Net Income is most likely to increase significantly in the upcoming years. The CVB Financial's current Income Tax Expense is estimated to increase to about 98.7 M, while Operating Income is forecasted to increase to (6.3 M).

Other Operating Expenses Ebitda Net Income Income Tax Expense Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CVB Financial. It is also known as CVB Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in CVB Financial financial statement analysis. It represents the amount of money remaining after all of CVB Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Most accounts from CVB Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CVB Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CVB Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.At this time, CVB Financial's Net Income is most likely to increase significantly in the upcoming years. The CVB Financial's current Income Tax Expense is estimated to increase to about 98.7 M, while Operating Income is forecasted to increase to (6.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	461.9M	555.5M	665.7M	698.9M
Total Revenue	461.9M	555.5M	666.3M	699.6M

Gross Profit Total Revenue

CVB Financial income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Selling And Marketing Expenses	Cost Of Revenue	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.69	-0.56	-0.51	-0.48	0.29	0.39	0.36	0.52	0.41	0.58	0.5	0.39	0.54	0.49	0.13	0.32	0.02	0.03	0.32	0.4	0.5	0.51	0.86
Other Operating Expenses	0.69		-0.26	-0.34	-0.31	0.08	0.65	0.53	0.67	0.68	0.76	0.76	0.63	0.81	0.33	-0.34	0.55	0.07	-0.07	0.44	0.59	0.64	0.62	0.75
Operating Income	-0.56	-0.26		0.96	0.96	-0.49	0.35	0.34	0.15	0.34	0.1	0.16	0.35	-0.08	0.34	-0.46	0.37	0.03	-0.03	0.24	0.26	0.16	0.09	-0.58
Ebit	-0.51	-0.34	0.96		1.0	-0.61	0.29	0.28	0.13	0.3	0.06	0.06	0.29	-0.1	0.37	-0.21	0.3	0.03	-0.06	0.17	0.2	0.09	0.04	-0.64
Ebitda	-0.48	-0.31	0.96	1.0		-0.6	0.33	0.31	0.17	0.33	0.1	0.1	0.32	-0.06	0.39	-0.22	0.34	0.04	-0.05	0.2	0.24	0.13	0.08	-0.61
Total Operating Expenses	0.29	0.08	-0.49	-0.61	-0.6		0.07	0.2	-0.05	0.01	0.22	0.27	0.12	-0.04	-0.04	-0.19	0.07	-0.01	0.37	0.34	0.14	0.19	0.09	0.59
Net Income	0.39	0.65	0.35	0.29	0.33	0.07		0.91	0.82	0.97	0.96	0.95	0.99	0.72	0.66	-0.48	0.93	0.09	0.1	0.84	0.92	0.89	0.74	0.47
Income Tax Expense	0.36	0.53	0.34	0.28	0.31	0.2	0.91		0.61	0.94	0.9	0.91	0.95	0.6	0.73	-0.56	0.78	0.13	0.19	0.86	0.75	0.74	0.59	0.45
Depreciation And Amortization	0.52	0.67	0.15	0.13	0.17	-0.05	0.82	0.61		0.78	0.79	0.77	0.78	0.82	0.47	-0.22	0.89	0.08	0.17	0.71	0.9	0.92	0.8	0.54
Selling General Administrative	0.41	0.68	0.34	0.3	0.33	0.01	0.97	0.94	0.78		0.96	0.95	0.98	0.72	0.7	-0.49	0.86	0.11	0.13	0.81	0.85	0.83	0.67	0.46
Total Revenue	0.58	0.76	0.1	0.06	0.1	0.22	0.96	0.9	0.79	0.96		0.98	0.96	0.75	0.66	-0.41	0.84	0.11	0.14	0.82	0.87	0.88	0.71	0.65
Gross Profit	0.5	0.76	0.16	0.06	0.1	0.27	0.95	0.91	0.77	0.95	0.98		0.96	0.71	0.62	-0.57	0.86	0.11	0.15	0.83	0.88	0.88	0.71	0.64
Income Before Tax	0.39	0.63	0.35	0.29	0.32	0.12	0.99	0.95	0.78	0.98	0.96	0.96		0.71	0.68	-0.51	0.91	0.11	0.13	0.87	0.9	0.87	0.72	0.48
Total Other Income Expense Net	0.54	0.81	-0.08	-0.1	-0.06	-0.04	0.72	0.6	0.82	0.72	0.75	0.71	0.71		0.25	-0.14	0.69	0.07	0.07	0.65	0.71	0.72	0.68	0.58
Selling And Marketing Expenses	0.49	0.33	0.34	0.37	0.39	-0.04	0.66	0.73	0.47	0.7	0.66	0.62	0.68	0.25		-0.33	0.54	0.09	0.09	0.46	0.49	0.51	0.49	0.33
Cost Of Revenue	0.13	-0.34	-0.46	-0.21	-0.22	-0.19	-0.48	-0.56	-0.22	-0.49	-0.41	-0.57	-0.51	-0.14	-0.33		-0.45	0.0	-0.14	-0.41	-0.37	-0.36	-0.29	-0.15
Net Income From Continuing Ops	0.32	0.55	0.37	0.3	0.34	0.07	0.93	0.78	0.89	0.86	0.84	0.86	0.91	0.69	0.54	-0.45		0.1	0.06	0.87	0.98	0.96	0.79	0.46
Non Operating Income Net Other	0.02	0.07	0.03	0.03	0.04	-0.01	0.09	0.13	0.08	0.11	0.11	0.11	0.11	0.07	0.09	0.0	0.1		0.03	0.09	0.08	0.08	0.07	0.04
Non Recurring	0.03	-0.07	-0.03	-0.06	-0.05	0.37	0.1	0.19	0.17	0.13	0.14	0.15	0.13	0.07	0.09	-0.14	0.06	0.03		0.16	0.04	0.05	0.05	0.12
Tax Provision	0.32	0.44	0.24	0.17	0.2	0.34	0.84	0.86	0.71	0.81	0.82	0.83	0.87	0.65	0.46	-0.41	0.87	0.09	0.16		0.88	0.87	0.69	0.51
Net Interest Income	0.4	0.59	0.26	0.2	0.24	0.14	0.92	0.75	0.9	0.85	0.87	0.88	0.9	0.71	0.49	-0.37	0.98	0.08	0.04	0.88		0.99	0.78	0.53
Interest Income	0.5	0.64	0.16	0.09	0.13	0.19	0.89	0.74	0.92	0.83	0.88	0.88	0.87	0.72	0.51	-0.36	0.96	0.08	0.05	0.87	0.99		0.8	0.63
Reconciled Depreciation	0.51	0.62	0.09	0.04	0.08	0.09	0.74	0.59	0.8	0.67	0.71	0.71	0.72	0.68	0.49	-0.29	0.79	0.07	0.05	0.69	0.78	0.8		0.55
Extraordinary Items	0.86	0.75	-0.58	-0.64	-0.61	0.59	0.47	0.45	0.54	0.46	0.65	0.64	0.48	0.58	0.33	-0.15	0.46	0.04	0.12	0.51	0.53	0.63	0.55

Click cells to compare fundamentals

CVB Financial Account Relationship Matchups

CVB Financial income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	22.1M	14.3M	6.1M	9.2M	66.8M	39.5M
Other Operating Expenses	193.3M	214.7M	164.3M	6.3M	350.2M	367.7M
Operating Income	291.1M	249.5M	297.6M	337.5M	(6.6M)	(6.3M)
Ebit	291.1M	249.5M	297.6M	337.5M	(6.6M)	(6.3M)
Ebitda	301.9M	258.9M	305.9M	345.1M	6.5M	6.1M
Total Operating Expenses	(193.3M)	(214.7M)	(164.3M)	6.3M	69.1M	72.5M
Net Income	207.8M	177.2M	212.5M	235.4M	221.4M	232.5M
Income Tax Expense	83.2M	72.4M	85.1M	92.9M	94.0M	98.7M
Depreciation And Amortization	10.8M	9.4M	8.2M	7.6M	13.1M	6.7M
Selling General Administrative	129.3M	131.1M	129.5M	131.6M	139.2M	146.2M
Total Revenue	484.4M	464.2M	461.9M	555.5M	666.3M	699.6M
Gross Profit	484.4M	464.2M	461.9M	555.5M	665.7M	698.9M
Income Before Tax	291.1M	249.5M	297.6M	328.3M	315.4M	331.2M
Total Other Income Expense Net	291.1M	249.5M	297.6M	(9.2M)	315.4M	331.2M
Selling And Marketing Expenses	5.9M	4.5M	4.6M	6.3M	6.8M	4.6M
Net Income Applicable To Common Shares	207.8M	177.2M	212.5M	233.9M	269.0M	282.5M
Net Income From Continuing Ops	207.8M	177.2M	212.5M	235.4M	239.1M	165.5M
Tax Provision	83.2M	72.4M	85.1M	92.9M	94.7M	83.7M
Net Interest Income	434.5M	415.1M	413.5M	504.3M	504.3M	416.1M
Interest Income	456.6M	429.4M	419.6M	513.5M	588.6M	437.3M
Reconciled Depreciation	22.0M	(1.2M)	8.2M	7.6M	18.2M	9.8M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards CVB Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, CVB Financial's short interest history, or implied volatility extrapolated from CVB Financial options trading.

Pair Trading with CVB Financial

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CVB Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CVB Financial will appreciate offsetting losses from the drop in the long position's value.

Moving together with CVB Stock

0.73

Prosperity Bancshares Financial Report 24th of July 2024

Pair Corr

The ability to find closely correlated positions to CVB Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CVB Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CVB Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CVB Financial to buy it.

The correlation of CVB Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CVB Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CVB Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for CVB Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether CVB Financial is a strong investment it is important to analyze CVB Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CVB Financial's future performance. For an informed investment choice regarding CVB Stock, refer to the following important reports:

How To Invest In CVB

Details

Is CVB Stock a good investment?

Details

What is CVB Financial's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

For more detail on how to invest in CVB Stock please use our How to Invest in CVB Financial guide.

Note that the CVB Financial information on this page should be used as a complementary analysis to other CVB Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

Complementary Tools for CVB Stock analysis

When running CVB Financial's price analysis, check to measure CVB Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CVB Financial is operating at the current time. Most of CVB Financial's value examination focuses on studying past and present price action to predict the probability of CVB Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CVB Financial's price. Additionally, you may evaluate how the addition of CVB Financial to your portfolios can decrease your overall portfolio volatility.

	Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital
	Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments
	Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios.
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities

Is CVB Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CVB Financial. If investors know CVB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CVB Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.17)

Dividend Share

0.8

Earnings Share

1.52

Revenue Per Share

3.858

Quarterly Revenue Growth

(0.08)

The market value of CVB Financial is measured differently than its book value, which is the value of CVB that is recorded on the company's balance sheet. Investors also form their own opinion of CVB Financial's value that differs from its market value or its book value, called intrinsic value, which is CVB Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CVB Financial's market value can be influenced by many factors that don't directly affect CVB Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between CVB Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CVB Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CVB Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

CVB Historical Income Statement

About CVB Income Statement Analysis

CVB Financial Income Statement Chart

Other Operating Expenses

Net Income

CVB Financial income statement Correlations

CVB Financial Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CVB Financial income statement Accounts

Pair Trading with CVB Financial

Moving together with CVB Stock

Complementary Tools for CVB Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Ebit
Income Before Tax	+ 0.99	Net Income
Interest Income	+ 0.99	Net Interest Income
Income Before Tax	+ 0.98	Selling General Administrative
Gross Profit	+ 0.98	Total Revenue
Net Interest Income	+ 0.98	Net Income From Continuing Ops

Extraordinary Items	- 0.64	Ebit
Extraordinary Items	- 0.61	Ebitda
Total Operating Expenses	- 0.61	Ebit
Total Operating Expenses	- 0.6	Ebitda
Extraordinary Items	- 0.58	Operating Income
Cost Of Revenue	- 0.57	Gross Profit