CVBF - CVB Financial Corp.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

CVB Financial Corp.

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

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Christopher D. MyersPres, CEO & Director1.95M860.17k1962
Mr. E. Allen NicholsonExec. VP & CFO623.9k36.18k1967
Mr. David C. HarveyExec. VP & COO of Citizens Bus. Bank686.84k116.3k1968
Mr. David A. BragerExec. VP of Sales Division - Citizens Bus. Bank709.74kN/A1968
Mr. David F. FarnsworthExec. VP & Chief Credit Officer of Citizens Bus. Bank535.17kN/A1957
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is 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 that provides banking and financial products and services. The company offers checking, savings, and money market accounts, as well as time certificates of deposit; and serves as a federal tax depository for business customers. It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; 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 that are secured by owner-occupied and investor owned properties; 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, the company offers various specialized services, such as cash management systems for monitoring cash flow, a credit card program for merchants, courier pick-up and delivery, payroll services, remote deposit capture, electronic funds transfer, and online account access. Further, it provides trust and investment-related services to customers through its CitizensTrust Division, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. The company's customers consist primarily of small to mid-sized businesses and individuals 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. As of December 31, 2018, the company operated 68 banking centers and 3 trust office locations. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.

Corporate Governance

CVB Financial Corp.’s ISS Governance QualityScore as of June 25, 2019 is 1. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 1; Compensation: 4.

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 a 10 indicates higher governance risk.