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CVBF (CVB Financial) Effective Interest Rate on Debt % : 21.71% (As of Mar. 2025)


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What is CVB Financial Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. CVB Financial's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $130.2 Mil. CVB Financial's average total debt for the quarter that ended in Mar. 2025 was $600.0 Mil. Therefore, CVB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 21.71%.


CVB Financial Effective Interest Rate on Debt % Historical Data

The historical data trend for CVB Financial's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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CVB Financial Effective Interest Rate on Debt % Chart

CVB Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.52 36.79 1.84 7.72 14.22

CVB Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.90 15.46 41.71 29.74 21.71

Competitive Comparison of CVB Financial's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, CVB Financial's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CVB Financial's Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CVB Financial's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CVB Financial's Effective Interest Rate on Debt % falls into.


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CVB Financial Effective Interest Rate on Debt % Calculation

CVB Financial's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -182.765/( (2070+500)/ 2 )
=-1  *  -182.765/1285
=14.22 %

where

CVB Financial's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -130.232/( (500+700)/ 2 )
=-1  *  -130.232/600
=21.71 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CVB Financial  (NAS:CVBF) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


CVB Financial Effective Interest Rate on Debt % Related Terms

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CVB Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764
CVB Financial Corp is the holding company for Citizens Business Bank. Citizens Business Bank offers banking, lending, and investing services. It provides a full complement of lending products, including commercial, agribusiness, consumer, SBA, real estate, and construction loans, as well as equipment and vehicle leasing. Commercial products include lines of credit and other working capital financing, accounts receivable lending and letters of credit.
Executives
Del Guercio Stephen A director 701 N HAVEN AVE, ONTARIO CA 91764
Kimberly H. Sheehy director C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118
Borba George A Jr director 701 N HAVEN AVE, ONTARIO CA 91764
David F Farnsworth officer: EVP & CCO 701 N. HAVEN AVE., ONTARIO CA 91764
David A. Brager officer: EVP Sales Division Manager 701 N. HAVEN AVE. #350, ONTARIO CA 91764
E Allen Nicholson officer: EVP & CFO 701 N. HAVEN AVE., ONTARIO CA 91764
Richard H Wohl officer: EVP & General Counsel 888 EAST WALNUT ST., PASADENA CA 91101
Yamynn Deangelis officer: EVP Chief Risk Officer 701 N. HAVEN AVE., ONTARIO CA 91764
Anna Kan director 701 N. HAVEN AVE., ONTARIO CA 91764
Jane Olvera director 701 N HAVEN AVE, ONTARIO CA 91764
O Brien Raymond V Iii director 701 N HAVEN AVENUE, ONTARIO CA 91764
Hal W Oswalt director 701 N HAVEN AVE, ONTARIO CA 91764
David C Harvey officer: EVP Chief Operations Officer 701 N. HAVEN AVENUE #350, ONTARIO CA 91764
Kristina M Leslie director DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Francene Lapoint officer: SVP Chief Accounting Officer 1551 NORTH TUSTIN AVENUE, SUITE 300, SANTA ANA CA 92705