CVB Financial traded at $22.81 this Thursday July 2nd, decreasing $0.30 or 1.30 percent since the previous trading session. Looking back, over the last four weeks, CVB Financial lost 14.74 percent. Over the last 12 months, its price rose by 8.77 percent. Looking ahead, we forecast CVB Financial to be priced at 21.99 by the end of this quarter and at 20.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
CVB Financial Corp. is a bank holding company for Citizens Business Bank (the Bank). The Bank offers personalized service combined with a range of banking and trust services through its banking centers. It offers a range of bank deposit instruments, including checking, savings, money market and time certificates of deposit for both business and personal accounts, and specialized deposit products for title and escrow. It provides lending products, including commercial, agribusiness, consumer, small business administration (SBA) loans, real estate loans, and equipment and vehicle leasing. It also offers financial services and trust services through its CitizensTrust division, which include fiduciary services, mutual funds, annuities, 401(k) plans and individual investment accounts. The Bank has approximately 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.