CVBF vs. BAC

Last updated Jun 4, 2026

CVBF (CVB Financial Corp.) and BAC (Bank of America Corporation) are both stocks. Both are in the Financial Services sector — CVBF in Banks - Regional, BAC in Banks - Diversified. Over the past 10 years, CVBF returned 5.00%/yr vs 16.28%/yr for BAC. At a 0.46 correlation, their price movements are largely independent.

Performance

CVBF vs. BAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CVB Financial Corp. (CVBF) and Bank of America Corporation (BAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CVBF achieves a 8.00% return, which is significantly higher than BAC's -4.19% return. Over the past 10 years, CVBF has underperformed BAC with an annualized return of 5.00%, while BAC has yielded a comparatively higher 16.28% annualized return.

CVBF

• 1D: -2.74%
• 1M: -1.44%
• YTD: 8.00%
• 6M: 1.68%
• 1Y: 11.53%
• 3Y*: 19.34%
• 5Y*: 1.74%
• 10Y*: 5.00%

BAC

• 1D: -0.15%
• 1M: 0.40%
• YTD: -4.19%
• 6M: -2.07%
• 1Y: 20.00%
• 3Y*: 25.09%
• 5Y*: 6.37%
• 10Y*: 16.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CVBF vs. BAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CVBF CVB Financial Corp.	8.00%	-9.45%	11.94%	-18.47%	24.02%	13.58%	-5.25%	10.19%	-11.98%	5.10%
BAC Bank of America Corporation	-4.19%	28.04%	33.85%	4.83%	-23.82%	49.61%	-11.63%	46.19%	-15.00%	35.69%

Correlation

The correlation between CVBF and BAC is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992	0.46

The correlation between CVBF and BAC shifts across timeframes, from 0.46 (all time) to 0.64 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS CVBF : $2.02 BAC : $4.19
PE Ratio CVBF : 9.83 BAC : 12.50
PS Ratio CVBF : 3.98 BAC : 2.27
Total Revenue (TTM) CVBF : $517.00M BAC : $174.85B
Gross Profit (TTM) CVBF : $385.67M BAC : $110.47B
EBITDA (TTM) CVBF : $288.24M BAC : $41.74B

Return for Risk

CVBF vs. BAC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CVBF

CVBF Risk / Return Rank: 54
CVBF Sharpe Ratio Rank: 56
CVBF Sortino Ratio Rank: 50
CVBF Omega Ratio Rank: 48
CVBF Calmar Ratio Rank: 59
CVBF Martin Ratio Rank: 56

BAC

BAC Risk / Return Rank: 64
BAC Sharpe Ratio Rank: 70
BAC Sortino Ratio Rank: 61
BAC Omega Ratio Rank: 61
BAC Calmar Ratio Rank: 63
BAC Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CVBF vs. BAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CVB Financial Corp. (CVBF) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CVBF	BAC	Difference
Sharpe ratio: Return per unit of total volatility	0.45	0.94	-0.49
Sortino ratio: Return per unit of downside risk	0.82	1.35	-0.53
Omega ratio: Gain probability vs. loss probability	1.10	1.17	-0.08
Calmar ratio: Return relative to maximum drawdown	0.83	1.12	-0.29
Martin ratio: Return relative to average drawdown	1.58	2.89	-1.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CVBF vs. BAC - Sharpe Ratio Comparison

The current CVBF Sharpe Ratio is 0.45, which is lower than the BAC Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of CVBF and BAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CVBF	BAC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	0.94	-0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.05	0.24	-0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.53	-0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.20	+0.08

Drawdowns

CVBF vs. BAC - Drawdown Comparison

The maximum CVBF drawdown since its inception was -63.35%, smaller than the maximum BAC drawdown of -93.10%. Use the drawdown chart below to compare losses from any high point for CVBF and BAC.

Drawdown Indicators

	CVBF	BAC	Difference
Max Drawdown Largest peak-to-trough decline	-63.35%	-93.10%	+29.75%
Max Drawdown (1Y) Largest decline over 1 year	-13.91%	-17.93%	+4.02%
Max Drawdown (3Y) Largest decline over 3 years	-30.23%	-27.51%	-2.72%
Max Drawdown (5Y) Largest decline over 5 years	-61.74%	-46.64%	-15.10%
Max Drawdown (10Y) Largest decline over 10 years	-61.74%	-48.95%	-12.79%
Current Drawdown Current decline from peak	-20.00%	-7.95%	-12.05%
Average Drawdown Average peak-to-trough decline	-16.12%	-28.32%	+12.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.33%	6.93%	+0.40%

Volatility

CVBF vs. BAC - Volatility Comparison

CVB Financial Corp. (CVBF) and Bank of America Corporation (BAC) have volatilities of 6.34% and 6.22%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CVBF	BAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.34%	6.22%	+0.12%
Volatility (6M) Calculated over the trailing 6-month period	17.51%	16.10%	+1.41%
Volatility (1Y) Calculated over the trailing 1-year period	25.81%	21.33%	+4.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.64%	26.85%	+5.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.39%	30.68%	+1.71%

Dividends

CVBF vs. BAC - Dividend Comparison

CVBF's dividend yield for the trailing twelve months is around 4.02%, more than BAC's 2.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAC Bank of America Corporation	2.10%	1.96%	2.28%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%
CVBF CVB Financial Corp.	4.02%	4.30%	4.67%	2.97%	2.99%	3.36%	4.62%	3.15%	2.77%	2.21%	1.57%	2.84%

Financials

Frequently Asked Questions

Can I hold both CVBF and BAC in my portfolio?

CVBF and BAC have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CVBF or BAC?

CVBF has higher volatility (6.34%) compared to BAC (6.22%). In terms of maximum drawdown, CVBF dropped -63.35% vs BAC's -93.10%.

Which has better risk-adjusted returns?

BAC currently has the higher Sharpe Ratio (0.94 vs 0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.