Trade CVB Financial - CVBF CFD

CVB Financial Company profile

About CVB Financial Corp.

CVB Financial Corp. (CVB) is the holding company for Citizens Business Bank (the Bank). The Bank provides trust and investment-related services to customers through its CitizensTrust Division, which includes fiduciary services, mutual funds, annuities, 401(k) plans and individual investment accounts. It provides a range of banking and trust services for businesses, professionals and individuals located in the service areas of its Banking Centers. It offers a range of bank deposit instruments, which include checking, savings, money market and time certificates of deposit for both business and personal accounts, municipalities and districts, and specialized deposit products for title and escrow. It also serves as a federal tax depository for its business customers. It operates approximately 60 banking centers and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and Central California.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, CVB Financial Corp. interest income decreased 2% to $420.6M. Net interest income after loan loss provision increased 6% to $440.1M. Net income applicable to common stockholders increased 20% to $211.6M. Net interest income after loan loss provision reflects Investment securities held-to-maturity increase of 56% to $22.2M, Investment securities available-for-sale increase of 6% to $38.3M.

Equity composition

Common Stock no Par, 02/11, 225,000,000 auth., 106,076,776 issd. Insiders owns 15.98%. Stock issd. Basis: 1-for-1. 01/07, 12/03, 1/01, 12/98, 1/97, 1/96, 1/95, 12/93, 12/92 & 1/85, 10% stock dividends; 01/06, 1/05, 1/03, 1/02, 2/00, 1/86, 2/87, 3/89, 5-for-4 stock splits; 1/98, 4/88, 3-for-2 stock splits.

701 N Haven Ave Ste 300
ONTARIO
CALIFORNIA 91764
US