CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over $13 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services through 57 banking 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.
Company profile
Ticker
CVBF
Exchange
Website
CEO
David A. Brager
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
953629339
CVBF stock data
Latest filings (excl ownership)
10-K
2022 FY
Annual report
28 Feb 23
8-K
Regulation FD Disclosure
26 Jan 23
8-K
CVB Financial Corp. Reports Record Earnings for the Fourth Quarter and the Year Ended 2022
26 Jan 23
10-Q
2022 Q3
Quarterly report
9 Nov 22
8-K
Regulation FD Disclosure
20 Oct 22
8-K
CVB Financial Corp. Reports Record Earnings for the Third Quarter 2022
20 Oct 22
10-Q
2022 Q2
Quarterly report
9 Aug 22
8-K
Departure of Directors or Certain Officers
21 Jul 22
8-K
Regulation FD Disclosure
21 Jul 22
8-K
CVB Financial Corp. Reports Strong Earnings for the Second Quarter 2022
21 Jul 22
Transcripts
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
CVBF
Earnings call transcript
2021 Q2
22 Jul 21
CVBF
Earnings call transcript
2021 Q1
23 Apr 21
CVBF
Earnings call transcript
2020 Q4
28 Jan 21
CVBF
Earnings call transcript
2020 Q3
22 Oct 20
Latest ownership filings
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| 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) | 203.46 mm | 203.46 mm | 203.46 mm | 203.46 mm | 203.46 mm | 203.46 mm |
| Cash burn (monthly) | 38.36 mm | 127.42 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 112.32 mm | 373.10 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 91.14 mm | -169.64 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 2.4 | -1.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
| 13F holders | Current |
|---|---|
| Total holders | 239 |
| Opened positions | 31 |
| Closed positions | 25 |
| Increased positions | 85 |
| Reduced positions | 84 |
| 13F shares | Current |
|---|---|
| Total value | 2.57 tn |
| Total shares | 105.30 mm |
| Total puts | 0.00 |
| Total calls | 500.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 19.89 mm | $512.16 bn |
| Vanguard | 15.50 mm | $399.22 bn |
| STT State Street | 5.86 mm | $152.19 bn |
| Neuberger Berman | 5.45 mm | $140.41 bn |
| Marital Trust under The George Borba Family Trust | 4.60 mm | $85.50 mm |
| Parallel Advisors | 3.83 mm | $98.54 bn |
| MS Morgan Stanley | 3.72 mm | $95.74 bn |
| Dimensional Fund Advisors | 3.52 mm | $90.93 bn |
| Silvercrest Asset Management | 3.44 mm | $88.69 bn |
| Charles Schwab Investment Management | 3.30 mm | $85.08 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 13 Mar 23 | Farnsworth David F | Common Stock | Buy | Acquire P | No | No | 20.76 | 1,000 | 20.76 k | 41,392 |
| 13 Mar 23 | Farnsworth David F | Common Stock | Other | Dispose J | No | No | 0 | 1,000 | 0.00 | 40,392 |
| 13 Mar 23 | Jane Olvera | Common Stock | Buy | Acquire P | Yes | No | 18.0794 | 1,200 | 21.70 k | 1,200 |
| 10 Mar 23 | Wohl Richard H | Common Stock | Buy | Acquire P | No | No | 21 | 1,000 | 21.00 k | 26,999.642 |
| 10 Mar 23 | Brager David A. | Common Stock | Buy | Acquire P | No | No | 21.18 | 1,000 | 21.18 k | 122,463 |