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CVB Financial Corp. (CVBF)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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26.44+0.21 (+0.80%)
At close: 04:00PM EDT
26.44 0.00 (0.00%)
After hours: 04:32PM 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
IndustryBanks—Regional
Full-time employees1,015

Key executives

NameTitlePayExercisedYear born
Mr. David A. BragerPres, CEO & Director1.77MN/A1968
Mr. E. Allen NicholsonExec. VP & CFO820.71kN/A1967
Mr. Richard H. WohlExec. VP & Gen. Counsel521.87kN/A1959
Mr. David C. HarveyExec. VP & COO of Citizens Bus. Bank865.94kN/A1968
Mr. David F. FarnsworthExec. VP & Chief Credit Officer of Citizens Bus. Bank611.52kN/A1957
Ms. Francene LaPoint CPASr. VP & Chief Accounting OfficerN/AN/A1965
Mr. Michael K. CurrieSr. VP & Chief Information OfficerN/AN/AN/A
Ms. Yamynn DeAngelisExec. VP & Chief Risk OfficerN/AN/A1957
Mr. G. Larry ZivelonghiExec. VP and Dairy & Livestock Industries Group Mang. - Citizens Bus. BankN/AN/AN/A
Mr. Robert Daniel BanisExec. VP & Head of CitizensTrust of Citizens Bus. BankN/AN/AN/A
Amounts are as of 31 December 2021, 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 through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. As of December 31, 2021, it operated 58 banking centers located in the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California; and three trust offices located in Ontario, Newport Beach, and Pasadena, as well as two loan production offices in California's Central Valley and the Sacramento area. The company was founded in 1974 and is headquartered in Ontario, California.

Corporate governance

CVB Financial Corp.’s ISS governance QualityScore as of 31 July 2022 is 1. The pillar scores are Audit: 3; Board: 3; 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.