CVB Financial Corp.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. CVB Financial Corp.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $547,320,000. Profit margin reached 40%. Total operating expenses were $191,189,000.
Profit Margin
| 2014 | 272.61M | 104.02M | 38.16% |
|---|---|---|---|
| 2015 | 285.98M | 99.14M | 34.67% |
| 2016 | 292.62M | 101.42M | 34.66% |
| 2017 | 321.04M | 104.41M | 32.52% |
| 2018 | 392.52M | 152.00M | 38.72% |
| 2019 | 484.35M | 207.82M | 42.91% |
| 2020 | 464.24M | 177.15M | 38.16% |
| 2021 | 461.93M | 212.52M | 46.01% |
| 2022 | 555.50M | 235.42M | 42.38% |
| 2023 | 547.32M | 221.43M | 40.46% |
CVBF Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 547.32M | 555.50M | 461.93M | 464.24M | 484.35M | 392.52M | 321.04M | 292.62M | 285.98M | 272.61M |
Cost of revenue | -118.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 665.66M | 555.50M | 461.93M | 464.24M | 484.35M | 392.52M | 321.04M | 292.62M | 285.98M | 272.61M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 6.75M | 6.29M | 4.62M | 4.48M | 5.89M | 5.30M | 4.83M | 5.02M | 5.01M | 5.19M |
Total operating expenses | 191.18M | 6.29M | -164.28M | -214.72M | -193.27M | -168.59M | 4.83M | 5.02M | -128.98M | -94.01M |
Operating income | 353.19M | 337.50M | 297.64M | 249.52M | 291.07M | 223.93M | 197.09M | 170.26M | 156.99M | 178.60M |
Other income (expenses), net | -37.76M | -9.15M | 297.64M | -13.12M | 291.07M | -12.81M | -16.09M | -7.97M | -31.00M | -18.26M |
Income before tax | 315.43M | 328.34M | 297.64M | 249.52M | 291.07M | 211.11M | 188.79M | 162.28M | 151.36M | 162.79M |
Income tax expense | 93.99M | 92.92M | 85.12M | 72.36M | 83.24M | 59.11M | 84.38M | 60.85M | 52.22M | 58.77M |
Net income | 221.43M | 235.42M | 212.52M | 177.15M | 207.82M | 152.00M | 104.41M | 101.42M | 99.14M | 104.02M |
Earnings per share | ||||||||||
Basic EPS | 1.59 | 1.68 | 1.57 | 1.3 | 1.48 | 1.25 | 0.95 | 0.94 | 0.93 | 0.98 |
Diluted EPS | 1.59 | 1.67 | 1.56 | 1.3 | 1.48 | 1.25 | 0.95 | 0.94 | 0.93 | 0.98 |
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