Cvb Financial Corp (CVBF): Hal W Oswalt , director of Cvb Financial Corp purchased 500 shares on May 3, 2016. The Insider buying transaction was reported by the company on May 4, 2016 to the Securities and Exchange Commission. The shares were purchased at $16.74 per share for a total value of $8,368.35 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 3, 2016, Hal W Oswalt (director) purchased 1,500 shares at $17.25 per share price.On May 3, 2016, San Vaccaro (director) sold 22,520 shares at $17.24 per share price.Also, On Apr 29, 2016, Robert Jacoby (director) sold 27,500 shares at $17.09 per share price.On Apr 29, 2016, David A. Brager (EVP Sales Division Manager) sold 3,619 shares at $17.19 per share price.
Shares of CVB Financial Corp. (CVBF) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -0.3 points or -1.78% at $16.54 with 3,44,042 shares getting traded. Post opening the session at $16.71, the shares hit an intraday low of $16.41 and an intraday high of $16.88 and the price vacillated in this range throughout the day. The company has a market cap of $1,759 M and the number of outstanding shares has been calculated to be 10,63,72,382 shares. The 52-week high of CVB Financial Corp. is $18.77 and the 52-week low is $14.02.
Company has been under the radar of several Street Analysts.CVB Financial Corp. is Downgraded by FIG Partners to Market Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 25, 2016.
CVB Financial Corp. is a bank holding company. The Company serves as a holding company for Citizens Business Bank (the Bank). The Bank operates through segments: Business Financial and Commercial Banking Centers (Centers) and Treasury. These Centers are the focal points for customer sales and services. All administrative and other smaller operating departments are combined into the Other segment. The Treasury Departments primary focus is managing the Banks investments liquidity and interest rate risk. The Companys remaining operating segments which include construction lending dairy and livestock and agribusiness lending leasing CitizensTrust and centralized functions form part of the Other segment. As of December 31 2014 the Company had $7.38 billion in total consolidated assets $3.76 billion in net loans $5.6 billion in deposits $563.6 million in customer repurchase agreements and $199.5 million in Federal Home Loan Bank advances.