citizens business bank is consistently recognized as one of the top performing banks in the nation. the bank offers a wide array of banking, lending, and investing* services through 67 business financial centers and 3 trust office locations serving the inland empire, los angeles county, orange county, san diego county, ventura county, santa barbara county, and the central valley area of california. cvb financial corp. (“cvbf”) is the holding company for citizens business bank. cvbf is one of the 10 largest bank holding companies headquartered in california¹ with assets of approximately $11.8 billion shares of cvbf common stock are listed on the nasdaq under the ticker symbol “cvbf.” for investor information on cvbf, visit our citizens business bank website at cbbank.com and click on the “investors” tab. contact us today 888.228.2265 | cbbank.com member fdic | equal housing lender | equal opportunity employer | nmls #417441 *not fdic insured | not bank guaranteed | may lose value ¹as of
Company profile
Ticker
CVBF
Exchange
Website
CEO
David A. Brager
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
953629339
CVBF stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
1 Apr 24
ARS
2023 FY
Annual report to shareholders
1 Apr 24
DEF 14A
Definitive proxy
1 Apr 24
8-K
Regulation FD Disclosure
25 Jan 24
8-K
CVB Financial Corp. Reports Earnings for the Fourth Quarter and the Year Ended 2023
25 Jan 24
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Regulation FD Disclosure
26 Oct 23
8-K
CVB Financial Corp. Reports Earnings for the Third Quarter 2023
26 Oct 23
8-K
Amendments to Articles of Incorporation or Bylaws
21 Sep 23
10-Q
2023 Q2
Quarterly report
9 Aug 23
Transcripts
CVBF
Earnings call transcript
2023 Q4
25 Jan 24
CVBF
Earnings call transcript
2023 Q3
26 Oct 23
CVBF
Earnings call transcript
2023 Q2
27 Jul 23
CVBF
Earnings call transcript
2023 Q1
27 Apr 23
CVBF
Earnings call transcript
2022 Q4
26 Jan 23
CVBF
Earnings call transcript
2022 Q3
20 Oct 22
CVBF
Earnings call transcript
2022 Q2
21 Jul 22
CVBF
Earnings call transcript
2022 Q1
21 Apr 22
CVBF
Earnings call transcript
2021 Q4
27 Jan 22
CVBF
Earnings call transcript
2021 Q3
21 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 240.70 mm | 240.70 mm | 240.70 mm | 240.70 mm | 240.70 mm | 240.70 mm |
Cash burn (monthly) | 125.89 mm | 6.49 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 854.45 mm | 44.03 mm | n/a | n/a | n/a | n/a |
Cash remaining | -613.75 mm | 196.66 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -4.9 | 30.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
76.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 213 |
Opened positions | 26 |
Closed positions | 26 |
Increased positions | 66 |
Reduced positions | 82 |
13F shares | Current |
---|---|
Total value | 1.69 tn |
Total shares | 106.63 mm |
Total puts | 78.10 k |
Total calls | 94.60 k |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 20.23 mm | $335.22 bn |
Vanguard | 15.52 mm | $257.25 bn |
STT State Street | 6.84 mm | $113.33 bn |
Marital Trust under The George Borba Family Trust | 4.60 mm | $85.50 mm |
American Century Companies | 3.94 mm | $65.24 bn |
SAMG Silvercrest Asset Management | 3.76 mm | $62.32 bn |
Dimensional Fund Advisors | 3.70 mm | $61.23 bn |
Neuberger Berman | 3.63 mm | $60.15 bn |
Charles Schwab Investment Management | 3.59 mm | $59.56 bn |
MS Morgan Stanley | 3.18 mm | $52.76 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
25 Mar 24 | Wohl Richard H | Common Stock | Payment of exercise | Dispose F | No | No | 17.04 | 1,000 | 17.04 k | 33,812.642 |
25 Mar 24 | DeAngelis Yamynn | Common Stock | Payment of exercise | Dispose F | No | No | 17.04 | 286 | 4.87 k | 121,424 |
20 Mar 24 | Francene LaPoint | Common Stock | Grant | Acquire A | No | No | 0 | 2,500 | 0.00 | 23,354 |
6 Mar 24 | Wohl Richard H | Common Stock | Payment of exercise | Dispose F | No | No | 17.8 | 2,812 | 50.05 k | 34,812.642 |
6 Mar 24 | Wohl Richard H | Common Stock | Grant | Acquire A | No | No | 0 | 5,625 | 0.00 | 37,624.642 |
6 Mar 24 | Harvey David C | Common Stock | Payment of exercise | Dispose F | No | No | 17.8 | 6,441 | 114.65 k | 110,042 |
6 Mar 24 | Harvey David C | Common Stock | Grant | Acquire A | No | No | 0 | 14,094 | 0.00 | 116,483 |
News
Hovde Group Downgrades CVB Financial to Market Perform, Announces $18 Price Target
22 Apr 24
Keefe, Bruyette & Woods Maintains Market Perform on CVB Financial, Lowers Price Target to $20-Report Released on 25 January 2024
26 Jan 24
Wedbush Maintains Neutral on CVB Financial, Lowers Price Target to $21
25 Jan 24
CVB Financial Q4 EPS $0.35 Vs. $0.47 Prior Year, Sales $138.52M Beat $123.61M Estimate
24 Jan 24