Definitive Analysis | Institutional-Grade Financial Research
Definitive Analysis
Get Full Access
See Pricing Start Free Trial

CVB Financial Corp. (CVBF)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$21.49 - $39.08$28.80
Multi-Stage$22.43 - $24.50$23.44
Blended Fair Value$26.12
Current Price$18.91
Upside38.14%
DecisionDon't Buy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS3.24%10.21%0.800.800.750.700.710.690.470.410.370.35
YoY Growth--0.13%6.94%6.86%-0.75%3.28%44.55%15.63%10.50%5.65%15.52%
Dividend Yield--4.36%4.61%4.51%3.03%3.21%3.42%2.20%1.81%1.68%2.02%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)205.11
(-) Cash Dividends Paid (M)111.43
(=) Cash Retained (M)93.69
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)41.0225.6415.38
Cash Retained (M)93.6993.6993.69
(-) Cash Required (M)-41.02-25.64-15.38
(=) Excess Retained (M)52.6668.0578.30
(/) Shares Outstanding (M)138.95138.95138.95
(=) Excess Retained per Share0.380.490.56
LTM Dividend per Share0.800.800.80
(+) Excess Retained per Share0.380.490.56
(=) Adjusted Dividend1.181.291.37
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate3.40%4.40%5.40%
Fair Value$21.49$28.80$39.08
Upside / Downside13.64%52.29%106.68%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)205.11214.13223.55233.38243.64254.36261.99
Payout Ratio54.32%61.46%68.59%75.73%82.86%90.00%92.50%
Projected Dividends (M)111.43131.60153.34176.74201.90228.92242.34

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate9.08%9.08%9.08%
Growth Rate3.40%4.40%5.40%
Year 1 PV (M)119.49120.65121.81
Year 2 PV (M)126.42128.88131.36
Year 3 PV (M)132.30136.17140.13
Year 4 PV (M)137.22142.61148.15
Year 5 PV (M)141.27148.24155.48
PV of Terminal Value (M)2,459.792,581.062,707.07
Equity Value (M)3,116.503,257.613,403.98
Shares Outstanding (M)138.95138.95138.95
Fair Value$22.43$23.44$24.50
Upside / Downside18.61%23.98%29.55%

High-Yield Dividend Screener

« Prev Page 10 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
BNGA.JKPT Bank CIMB Niaga Tbk8.91%$157.7256.96%
QIGD.QAQatari Investors Group Q.S.C.8.91%$0.1397.17%
MCS-R.BKM.C.S. Steel Public Company Limited8.90%$0.7434.29%
0QR1.LSchweiter Technologies AG8.89%$22.4090.72%
0816.HKJinmao Property Services Co., Limited8.88%$0.2355.27%
3492.TMIRARTH Real Estate Investment Corporation8.88%$8,301.0988.12%
3998.HKBosideng International Holdings Limited8.86%$0.4070.17%
PJP.WAPJP Makrum S.A.8.86%$1.4265.03%
603565.SSShanghai Zhonggu Logistics Co., Ltd.8.84%$0.8987.23%
ALVAP.PAKumulus Vape S.A.8.83%$0.3724.09%
IPS.PAIpsos S.A.8.83%$2.9938.93%
RFF.AXRural Funds Group8.83%$0.1715.19%
KOV.AXKorvest Ltd8.81%$1.2460.47%
0QUS.LG5 Entertainment AB (publ)8.80%$8.0594.74%
9620.SRBalsm Alofoq Medical Co.8.80%$2.4063.98%
PPM.AXPepper Money Limited8.80%$0.2044.77%
VK.PAVallourec S.A.8.80%$1.4183.22%
BBNI.JKPT Bank Negara Indonesia (Persero) Tbk8.79%$374.4666.86%
KJL.BKKijcharoen Engineering Electric Public Company Limited8.79%$0.5473.06%
0856.HKVSTECS Holdings Limited8.78%$0.7147.24%
BA-R.BKBangkok Airways Public Company Limited8.78%$1.3083.23%
PFRM3.SAProfarma Distribuidora de Produtos Farmacêuticos S.A.8.78%$0.7478.88%
0001.HKCK Hutchison Holdings Limited8.77%$4.7359.96%
NOBLE-R.BKNoble Development Public Company Limited8.75%$0.1927.34%
RANA.OLRana Gruber ASA8.75%$6.7583.80%
PDG.BKProdigy Public Company Limited8.74%$0.2690.35%
WHC.AXWhitehaven Coal Limited8.74%$0.6856.57%
DLTA.JKPT Delta Djakarta Tbk8.73%$175.4299.09%
8371.HKTaste Gourmet Group Limited8.70%$0.1853.44%
TRAN.BACompañía de Transporte de Energía Eléctrica en Alta Tensión Transener S.A.8.70%$301.7991.83%
0257.HKChina Everbright Environment Group Limited8.69%$0.4235.73%
EMB.AXEmbelton Limited8.69%$0.7069.10%
HP3A.DERingmetall SE8.69%$0.2438.33%
RDTX.JKPT Roda Vivatex Tbk8.69%$1,103.9395.63%
S56.SISamudera Shipping Line Ltd8.69%$0.1060.61%
1307.TWSan Fang Chemical Industry Co., Ltd.8.68%$2.7091.10%
ASIZ.LAberforth Split Level Income ZDP 20248.68%$11.0447.29%
PIC.AXPerpetual Equity Investment Company Limited8.68%$0.1197.90%
CPHN.SWCPH Chemie + Papier Holding AG8.66%$5.9989.84%
JIN.AXJumbo Interactive Limited8.66%$0.9974.11%
PM-R.BKPremier Marketing Public Company Limited8.66%$1.0390.60%
0546.HKFufeng Group Limited8.65%$0.7030.72%
ITB.DEImperial Brands PLC8.65%$3.0955.77%
LOGG3.SALOG Commercial Properties e Participações S.A.8.64%$2.1949.79%
5547.TWOJioushun Construction Co., Ltd.8.63%$2.2658.13%
TWD.AXTamawood Limited8.62%$0.2480.43%
UNITED.HEUnited Bankers Oyj8.60%$1.6153.91%
DDR.AXDicker Data Limited8.58%$0.8796.73%
PATO.BKPato Chemical Industry Public Company Limited8.58%$0.6098.05%
0371.HKBeijing Enterprises Water Group Limited8.56%$0.2164.00%