CVB Financial Corp. (NASDAQ:CVBF) CEO Christopher D. Myers sold 20,000 shares of the stock in a transaction that occurred on Thursday, March 8th. The stock was sold at an average price of $23.85, for a total transaction of $477,000.00. Following the transaction, the chief executive officer now directly owns 327,336 shares of the company’s stock, valued at approximately $7,806,963.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
CVB Financial Corp. (CVBF) traded up $0.06 during trading hours on Monday, hitting $24.32. 371,378 shares of the company were exchanged, compared to its average volume of 367,340. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.70 and a quick ratio of 0.70. The stock has a market cap of $2,680.00, a PE ratio of 22.73, a P/E/G ratio of 1.98 and a beta of 1.40. CVB Financial Corp. has a 1 year low of $19.58 and a 1 year high of $25.49.
CVB Financial (NASDAQ:CVBF) last released its earnings results on Wednesday, January 24th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.01. The company had revenue of $83.86 million for the quarter, compared to analyst estimates of $82.00 million. CVB Financial had a net margin of 31.70% and a return on equity of 11.06%. During the same period in the prior year, the business earned $0.25 EPS. equities analysts predict that CVB Financial Corp. will post 1.29 earnings per share for the current year.
Institutional investors have recently added to or reduced their stakes in the business. Gradient Investments LLC acquired a new stake in CVB Financial during the 4th quarter worth approximately $172,000. CIBC Asset Management Inc acquired a new stake in CVB Financial during the 3rd quarter worth approximately $205,000. Virtu Financial LLC acquired a new stake in CVB Financial during the 4th quarter worth approximately $201,000. Teacher Retirement System of Texas acquired a new stake in CVB Financial during the 3rd quarter worth approximately $207,000. Finally, Trilogy Capital Inc. acquired a new stake in CVB Financial during the 4th quarter worth approximately $210,000. Institutional investors own 70.00% of the company’s stock.
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CVB Financial Company Profile
CVB Financial Corp. (CVB) is the bank holding company for Citizens Business Bank (the Bank). The Bank operates through two segments: Business Financial and Commercial Banking Centers (Centers), and Other Operations. The Company’s administrative and other smaller operating departments are combined into the Other segment.
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