CVB Financial (CVBF) Revenue & Revenue Breakdown


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CVB Financial Revenue Highlights


Latest Revenue (Y)

$665.66M

Latest Revenue (Q)

$173.50M

Main Segment (Y)

Deposit Account

CVB Financial Revenue by Period


CVB Financial Revenue by Year

DateRevenueChange
2023-12-31$665.66M19.83%
2022-12-31$555.50M20.26%
2021-12-31$461.94M-0.50%
2020-12-31$464.24M-4.15%
2019-12-31$484.35M23.39%
2018-12-31$392.53M22.26%
2017-12-31$321.05M9.71%
2016-12-31$292.63M2.32%
2015-12-31$285.98M4.90%
2014-12-31$272.62M13.26%
2013-12-31$240.70M-3.99%
2012-12-31$250.71M-6.99%
2011-12-31$269.55M-15.06%
2010-12-31$317.33M4.50%
2009-12-31$303.66M33.10%
2008-12-31$228.14M18.53%
2007-12-31$192.47M-4.93%
2006-12-31$202.45M1.96%
2005-12-31$198.56M7.10%
2004-12-31$185.39M16.39%
2003-12-31$159.28M11.46%
2002-12-31$142.90M14.08%
2001-12-31$125.26M10.72%
2000-12-31$113.13M4.17%
1999-12-31$108.60M34.74%
1998-12-31$80.60M9.66%
1997-12-31$73.50M8.57%
1996-12-31$67.70M18.36%
1995-12-31$57.20M13.49%
1994-12-31$50.40M8.15%
1993-12-31$46.60M-

CVB Financial generated $665.66M in revenue during NA 2023, up 19.83% compared to the previous quarter, and up 169.58% compared to the same period a year ago.

CVB Financial Revenue by Quarter

DateRevenueChange
2024-06-30$173.50M0.99%
2024-03-31$171.80M-3.07%
2023-12-31$177.24M28.73%
2023-09-30$137.68M4.15%
2023-06-30$132.19M-4.85%
2023-03-31$138.93M-7.29%
2022-12-31$149.86M3.40%
2022-09-30$144.93M8.38%
2022-06-30$133.72M36237.50%
2022-03-31$368.00K-99.68%
2021-12-31$114.78M0.88%
2021-09-30$113.78M-2.10%
2021-06-30$116.22M-0.79%
2021-03-31$117.15M-1.37%
2020-12-31$118.78M3.47%
2020-09-30$114.80M-1.65%
2020-06-30$116.72M2.44%
2020-03-31$113.95M-4.59%
2019-12-31$119.43M-0.52%
2019-09-30$120.05M-2.85%
2019-06-30$123.58M1.88%
2019-03-31$121.29M-2.00%
2018-12-31$123.77M20.25%
2018-09-30$102.93M24.94%
2018-06-30$82.38M-1.26%
2018-03-31$83.44M-0.50%
2017-12-31$83.86M2.54%
2017-09-30$81.78M0.64%
2017-06-30$81.26M9.58%
2017-03-31$74.16M0.41%
2016-12-31$73.85M2.09%
2016-09-30$72.34M-3.84%
2016-06-30$75.23M5.66%
2016-03-31$71.20M-0.96%
2015-12-31$71.89M-3.24%
2015-09-30$74.30M4.87%
2015-06-30$70.85M2.78%
2015-03-31$68.94M-2.86%
2014-12-31$70.96M2.63%
2014-09-30$69.14M7.88%
2014-06-30$64.10M-6.31%
2014-03-31$68.42M13.03%
2013-12-31$60.53M2.75%
2013-09-30$58.91M-2.24%
2013-06-30$60.26M-1.22%
2013-03-31$61.00M3.00%
2012-12-31$59.23M-5.04%
2012-09-30$62.37M-4.42%
2012-06-30$65.25M-2.32%
2012-03-31$66.80M1.16%
2011-12-31$66.04M-2.77%
2011-09-30$67.92M-0.86%
2011-06-30$68.51M2.12%
2011-03-31$67.09M0.99%
2010-12-31$66.43M-33.21%
2010-09-30$99.46M24.90%
2010-06-30$79.63M10.89%
2010-03-31$71.81M-18.45%
2009-12-31$88.06M25.56%
2009-09-30$70.14M-4.96%
2009-06-30$73.80M3.01%
2009-03-31$71.65M16.89%
2008-12-31$61.30M6.82%
2008-09-30$57.38M0.35%
2008-06-30$57.19M9.40%
2008-03-31$52.27M5.91%
2007-12-31$49.35M-

CVB Financial generated $173.50M in revenue during Q2 2024, up 0.99% compared to the previous quarter, and up 124.88% compared to the same period a year ago.

CVB Financial Revenue Breakdown


CVB Financial Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 22Dec 21Dec 20Dec 19
Fiduciary and Trust$11.52M$11.57M$9.98M$9.53M
Deposit Account$21.38M$17.15M$16.56M$20.01M
Credit Card$1.47M$1.79M$1.89M$3.16M

CVB Financial's latest annual revenue breakdown by segment (product or service), as of Dec 22: Deposit Account (62.21%), Fiduciary and Trust (33.51%), and Credit Card (4.28%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Sep 23Jun 23
Fiduciary and Trust$3.43M$3.22M$3.25M$3.31M
Deposit Account$5.12M$5.04M$5.06M$4.84M
Credit Card$370.00K$385.00K$354.00K$490.00K

CVB Financial's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Deposit Account (57.40%), Fiduciary and Trust (38.45%), and Credit Card (4.15%).

CVB Financial Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BOKFBOK Financial$2.34B$914.20M
GBCIGlacier Bancorp$1.14B$305.89M
FFBCFirst Financial Ban$1.12B$314.22M
IBTXIndependent Bank Group$923.03M$252.57M
CVBFCVB Financial$665.66M$173.50M
BRKLBrookline Bancorp$609.22M$161.75M
BANFBancFirst$593.93M$152.18M
FBNCFirst Bancorp$546.25M$143.42M
BYByline Bancorp$534.34M$154.87M
PFBCPreferred Bank$481.76M$129.45M
CFBCrossFirst Bankshares$455.32M$128.69M
CNOBConnectOne Bancorp$373.75M$134.41M
CCBCoastal Financial$330.37M$167.40M
KRNYKearny Financial$326.88M$86.29M
HFWAHeritage Financial$303.13M$81.83M
BWBBridgewater Bancshares$228.85M$62.64M
EQBKEquity Bancshares$168.08M$84.01M
FIBKFirst Interstate BancSystem$147.00M$242.30M
EBMTEagle Bancorp Montana$114.34M$30.07M
FNWDFinward Bancorp$96.53M$24.70M
FVCBFVCBankcorp$42.14M$28.84M
HTBKHeritage Commerce$9.00K$61.25M
FFINFirst Financial Bankshares-$184.94M

CVBF Revenue FAQ


CVB Financial's yearly revenue for 2023 was $665.66M, representing an increase of 19.83% compared to 2022. The company's yearly revenue for 2022 was $555.5M, representing an increase of 20.26% compared to 2021. CVBF's yearly revenue for 2021 was $461.94M, representing a decrease of -0.50% compared to 2020.

CVB Financial's quarterly revenue for Q2 2024 was $173.5M, a 0.99% increase from the previous quarter (Q1 2024), and a 31.25% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $171.8M, a -3.07% decrease from the previous quarter (Q4 2023), and a 23.66% increase year-over-year (Q1 2023). CVBF's quarterly revenue for Q4 2023 was $177.24M, a 28.73% increase from the previous quarter (Q3 2023), and a 18.27% increase year-over-year (Q4 2022).

CVB Financial's revenue growth rate for the last 3 years (2021-2023) was 44.10%, and for the last 5 years (2019-2023) was 37.43%.

CVB Financial's revenue streams in c 22 are Fiduciary and Trust, Deposit Account, and Credit Card. Fiduciary and Trust generated $11.52M in revenue, accounting 33.51% of the company's total revenue, down -0.46% year-over-year. Deposit Account generated $21.38M in revenue, accounting 62.21% of the company's total revenue, up 24.66% year-over-year. Credit Card generated $1.47M in revenue, accounting 4.28% of the company's total revenue, down -17.83% year-over-year.

For the fiscal year ending Dec 22, the largest source of revenue of CVB Financial was Deposit Account. This segment made a revenue of $21.38M, representing 62.21% of the company's total revenue.