CVB Financial Corporation (NASDAQ:CVBF) : During the past 4 weeks, traders have been relatively bearish on CVB Financial Corporation (NASDAQ:CVBF), hence the stock is down -6.69% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.72% relative to the S&P 500. The stock has risen by 0.56% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.19% in the past 4 weeks.
The company shares have dropped -9.61% from its 1 Year high price. On Nov 9, 2015, the shares registered one year high at $18.77 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $16.77 and the 200 Day Moving Average price is recorded at $16.40.
The stock has recorded a 20-day Moving Average of 0.12% and the 50-Day Moving Average is 2.22%.
CVB Financial Corporation (NASDAQ:CVBF): stock turned positive on Friday. Though the stock opened at $16.18, the bulls momentum made the stock top out at $16.37 level for the day. The stock recorded a low of $16.09 and closed the trading day at $16.27, in the green by 2.20%. The total traded volume for the day was 754,690. The stock had closed at $15.92 in the previous days trading.
In an insider trading activity, Oswalt Hal W, director of Cvb Financial Corp, had purchased 500 shares on May 3, 2016. The total value of the transaction was $8,370. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.
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.