Which Is a Better Investment, CVB Financial Corp. or First Interstate Bancsystem Inc Stock?

By Jenna Brashear
September 10, 2026
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Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in First Interstate BancSystem, Inc. or CVB Financial Corp. because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how First Interstate BancSystem, Inc. and CVB Financial Corp. compare based on key financial metrics to determine which better meets your investment needs.

About First Interstate BancSystem, Inc. and CVB Financial Corp.

First Interstate BancSystem, Inc. operates as a bank holding company for First Interstate Bank that provides a range of banking products and services in the United States. The company offers various traditional depository products, including checking, savings, and time deposits; and repurchase agreements primarily for commercial and municipal depositors. It also provides a range of trust, employee benefit, investment management, insurance, agency, and custodial services, including administration of estates and personal trusts; manages investment accounts for individuals; employee benefit plans and charitable foundations; and insurance planning. The company’s loan portfolio includes real estate loans, such as commercial real estate, construction, residential, agricultural, and other real estate loans; consumer loans, including direct personal loans, credit card loans and lines of credit, and indirect loans; variable and fixed rate commercial loans for small and medium-sized manufacturing, wholesale, retail, and service businesses for working capital needs and business expansions; and agricultural loans. In addition, it offers marketing, credit review, loan servicing, credit cards servicing, mortgage loan sales and servicing, indirect consumer loan and processing, loan collection services, other operational, and specialized staff support services, as well as online and mobile banking services. The company serves individuals, businesses, municipalities, and other entities in various industries, including agriculture, construction, education, governmental services, healthcare, hospitality, housing, professional services, real estate development, retail, technology, tourism, and wholesale trade. First Interstate BancSystem, Inc. was formerly known as First Interstate Bancsystem Of Montana, Inc. and changed its name to First Interstate BancSystem, Inc. in June 1993. The company was founded in 1879 and is headquartered in Billings, Montana.

CVB Financial Corp. operates as bank holding company for Citizens Business Bank, National Association, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. The company offers checking, savings, money market, and certificates of time deposit products for business and personal accounts, municipalities and districts, and specialized deposit products for title and escrow; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans; and equipment and vehicle leasing services. In addition, the company offers various specialized services, such as treasury management systems for monitoring and managing cash flow, a merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access; and foreign exchange and letters of credit services. Further, it provides financial and trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.

Latest Banks and First Interstate BancSystem, Inc., CVB Financial Corp. Stock News

As of September 9, 2026, First Interstate BancSystem, Inc. had a $3.5 billion market capitalization, compared to the Banks median of $749.3 million. First Interstate BancSystem, Inc.’s stock is up 6.5% in 2026, down 0.8% in the previous five trading days and up 12.08% in the past year.

Currently, First Interstate BancSystem, Inc.’s price-earnings ratio is 11.4. First Interstate BancSystem, Inc.’s trailing 12-month revenue is $1.1 billion with a 30.6% net profit margin. Year-over-year quarterly sales growth most recently was 7.4%. Analysts expect adjusted earnings to reach $2.709 per share for the current fiscal year. First Interstate BancSystem, Inc. currently has a 5.1% dividend yield.

As of September 9, 2026, CVB Financial Corp. had a $3.9 billion market cap, putting it in the 63rd percentile of all stocks. CVB Financial Corp.’s stock is up 19.7% in 2026, down 0.2% in the previous five trading days and up 9.31% in the past year.

Currently, CVB Financial Corp.’s price-earnings ratio is 15.4. CVB Financial Corp.’s trailing 12-month revenue is $572.5 million with a 36.1% net profit margin. Year-over-year quarterly sales growth most recently was 41.9%. Analysts expect adjusted earnings to reach $1.740 per share for the current fiscal year. CVB Financial Corp. currently has a 3.6% dividend yield.

How We Compare First Interstate BancSystem, Inc. and CVB Financial Corp. Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at First Interstate BancSystem, Inc. and CVB Financial Corp.’s stock grades to see how they measure up against one another.

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First Interstate BancSystem, Inc. and CVB Financial Corp. Growth Grades

Company Ticker Growth
First Interstate BancSystem, Inc. FIBK B
CVB Financial Corp. CVBF B

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

First Interstate BancSystem, Inc. has a Growth Score of 63, which is Strong. CVB Financial Corp. has a Growth Score of 73, which is Strong.

The Growth Grade Winner: It’s a Tie!

Looking at the Growth Grade breakdown above, both First Interstate BancSystem, Inc. and CVB Financial Corp. have a grade of B. For investors who focus solely on a company’s upward growth, further research should be conducted into both companies’ other financial metrics before deciding whether to invest.

First Interstate BancSystem, Inc. and CVB Financial Corp.’s Momentum Grades

Company Ticker Momentum
First Interstate BancSystem, Inc. FIBK C
CVB Financial Corp. CVBF C

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

First Interstate BancSystem, Inc. has a Momentum Score of 51, which is Average. CVB Financial Corp. has a Momentum Score of 51, which is Average.

The Momentum Stock Winner: No Clear Winner

Neither First Interstate BancSystem, Inc. or CVB Financial Corp. has a strong enough Momentum Grade to be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if First Interstate BancSystem, Inc. or CVB Financial Corp. is the better investment when it comes to momentum.

First Interstate BancSystem, Inc. and CVB Financial Corp.’s Estimate Revisions Grades

Company Ticker Earnings Estimate
First Interstate BancSystem, Inc. FIBK B
CVB Financial Corp. CVBF C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

First Interstate BancSystem, Inc. has a Earnings Estimate Score of 63, which is Positive. CVB Financial Corp. has a Earnings Estimate Score of 58, which is Neutral.

The Earnings Estimate Revisions Grade Winner: First Interstate BancSystem, Inc.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, First Interstate BancSystem, Inc. has a better Earnings Estimate Revisions Grade than CVB Financial Corp.. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, First Interstate BancSystem, Inc. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

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Other First Interstate BancSystem, Inc. and CVB Financial Corp. Grades

In addition to Growth, Momentum and Estimate Revisions, A+ Investor also provides grades for Value and Quality.

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Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether First Interstate BancSystem, Inc. and CVB Financial Corp. pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, First Interstate BancSystem, Inc. or CVB Financial Corp. Stock?

Overall, First Interstate BancSystem, Inc. stock has a Growth Score of 63, Momentum Score of 51 and Estimate Revisions Score of 63.

CVB Financial Corp. stock has a Growth Score of 73, Momentum Score of 51 and Estimate Revisions Score of 58.

Comparing First Interstate BancSystem, Inc. and CVB Financial Corp.’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

Learn More About A+ Investor

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.



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