CVB Financial Corp. (CVBF)

16.57 +0.15 (+0.91%) At close: 04:00PM EDT

CVB Financial Corp.

701 North Haven Avenue
Suite 350
Ontario, CA 91764
United States
909 980 4030
https://www.cbbank.com

Sector(s): Financial Services
Industry: Banks—Regional
Full-time employees: 1,072

Key executives

Name	Title	Pay	Exercised	Year born
Mr. David A. Brager	Pres, CEO & Director	1.95M	N/A	1968
Mr. E. Allen Nicholson	Exec. VP & CFO	898.11k	N/A	1967
Mr. Richard H. Wohl	Exec. VP & Gen. Counsel	596.83k	N/A	1959
Mr. David C. Harvey	Exec. VP & COO of Citizens Bus. Bank	925.13k	N/A	1968
Mr. David F. Farnsworth	Exec. VP & Chief Credit Officer of Citizens Bus. Bank	701.7k	172.05k	1957
Ms. Francene LaPoint CPA	Sr. VP & Chief Accounting Officer	N/A	N/A	1965
Mr. Michael K. Currie	Sr. VP & Chief Information Officer	N/A	N/A	N/A
Ms. Yamynn DeAngelis	Exec. VP & Chief Risk Officer	N/A	N/A	1957
Mr. G. Larry Zivelonghi	Exec. VP and Dairy & Livestock Industries Group Mang. - Citizens Bus. Bank	N/A	N/A	N/A
Mr. Robert Daniel Banis	Exec. VP & Head of CitizensTrust of Citizens Bus. Bank	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company 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; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, 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. Further, the company provides trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company was founded in 1974 and is headquartered in Ontario, California.

Corporate governance

CVB Financial Corp.’s ISS governance QualityScore as of 1 September 2023 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder rights: 1; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.