CVBF (CVB Financial) Tax Rate % : 24.25% (As of Sep. 2024)

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What is CVB Financial Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. CVB Financial's Tax Expense for the three months ended in Sep. 2024 was $16.4 Mil. CVB Financial's Pre-Tax Income for the three months ended in Sep. 2024 was $67.6 Mil. Therefore, CVB Financial's Tax Rate % for the quarter that ended in Sep. 2024 was 24.25%.

CVB Financial Tax Rate % Historical Data

The historical data trend for CVB Financial's Tax Rate % 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 Tax Rate % Chart

CVB Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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28.60

29.00

28.60

28.30

29.80

CVB Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Tax Rate %	Get a 7-Day Free Trial															28.20	34.97	27.25	27.25	24.25

CVB Financial Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

CVB Financial's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	93.999	/	315.434
	=	29.80 %

CVB Financial's Tax Rate % for the quarter that ended in Sep. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2024 )	/	Pre-Tax Income (Q: Sep. 2024 )
	=	16.394	/	67.618
	=	24.25 %

CVB Financial Tax Rate % Related Terms

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CVB Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CVB Financial Corp (NAS:CVBF) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

BCV:Germany

Address

701 N. Haven Avenue, Suite 350, Ontario, CA, USA, 91764

Website

https://www.cbbank.com

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