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.
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.
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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). Add Fundamental
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 |
CVB Financial income statement Correlations
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CVB Financial Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | PB | Prosperity Bancshares Financial Report 24th of July 2024 | PairCorr |
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.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.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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.
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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.