A Brief History of CVB Financial Corp. (CVBF)

CVB Financial Corp. is a bank holding company based in Ontario, California. The company operates as the holding company for Citizens Business Bank, a financial institution that serves the Inland Empire, Los Angeles County, Orange County, San Diego County, and Central Valley areas of California.

• 1974: CVB Financial Corp. was founded by George Borba Jr., in Ontario, California.
• 1981: The company expanded its operations by acquiring Citizens Business Bank, which became its main subsidiary.
• 1997: CVB Financial Corp. went public and began trading on the NASDAQ stock exchange under the ticker symbol CVBF.
• 2007: The company completed the acquisition of County Commerce Bank, expanding its presence in the Central Valley region of California.
• 2017: CVB Financial Corp. announced the acquisition of Valley Commerce Bancorp, further strengthening its position in Central California.

Throughout its history, CVB Financial Corp. has focused on providing personalized banking services to businesses, professionals, and individuals in the communities it serves. The company has grown to become one of the leading financial institutions in Southern California, known for its strong commitment to customer service and community involvement.

Who Owns CVB Financial Corp. (CVBF)

CVB Financial Corp. is a bank holding company headquartered in Ontario, California. The company operates Citizens Business Bank, a financial services company that provides various banking and financial products to businesses, individuals, and nonprofit organizations in California and surrounding states.

As of the most recent data available, the largest shareholders of CVB Financial Corp. (CVBF) are institutional investors. These institutional investors include mutual funds, pension funds, and other large financial institutions that hold significant stakes in the company.

• The Vanguard Group is one of the largest institutional shareholders of CVB Financial Corp. Vanguard owns a substantial amount of shares in the company through its various mutual funds and investment portfolios.
• BlackRock, Inc. is another prominent institutional investor that holds a significant stake in CVB Financial Corp. BlackRock is a global investment management firm that manages a diverse range of funds and accounts.
• Fidelity Investments is also a major shareholder of CVB Financial Corp. Fidelity is known for its mutual funds and retirement products, and it holds a considerable amount of shares in the company.

While institutional investors are the largest shareholders of CVB Financial Corp., the company's management team and board of directors also hold substantial stakes in the business. These insiders have a vested interest in the company's success and play a crucial role in its strategic direction and decision-making.

CVB Financial Corp. (CVBF) Mission Statement

At CVB Financial Corp., our mission is to be the preferred financial services provider in our markets, with a focus on building long-term relationships with our clients and delivering exceptional value. We strive to be a trusted partner for our customers, providing innovative solutions and personalized service to help them achieve their financial goals.

We are committed to:

• Delivering superior financial products and services that meet the unique needs of our clients
• Creating a positive and inclusive work environment for our employees, fostering professional growth and development
• Being actively involved in the communities we serve, supporting local organizations and initiatives
• Maintaining strong corporate governance practices and ethical standards in all aspects of our business

By upholding these values and principles, we aim to be a financial institution that is respected and trusted by our clients, employees, and community. We are dedicated to providing exceptional service and value, helping our clients succeed and thrive in an ever-changing financial landscape.

How CVB Financial Corp. (CVBF) Works

CVB Financial Corp. (CVBF) is a bank holding company that operates primarily through its subsidiary, Citizens Business Bank. The company provides various banking and financial services to individuals, businesses, and professionals in the communities it serves.

Here is how CVB Financial Corp. works:

• Banking Services: CVB Financial Corp. offers a range of banking services, including checking and savings accounts, loans, credit cards, and online banking. These services are tailored to meet the needs of both individual customers and businesses.
• Commercial Lending: The company provides commercial lending services to businesses looking to finance growth, acquisitions, or other business needs. This includes loans for real estate, equipment, working capital, and more.
• Wealth Management: CVB Financial Corp. offers wealth management services to help individuals and families plan for their financial futures. This may include investment management, retirement planning, estate planning, and more.
• Community Involvement: CVB Financial Corp. is committed to giving back to the communities it serves through various initiatives and programs. The company supports local charities, organizations, and events to help strengthen the communities it operates in.
• Corporate Governance: CVB Financial Corp. maintains strong corporate governance practices to ensure transparency, accountability, and ethical behavior. The company has a Board of Directors that oversees its operations and strategic direction.

How CVB Financial Corp. (CVBF) Makes Money

CVB Financial Corp. (CVBF) generates its revenue through various financial services and products that it offers to its customers. Below are some of the key ways in which CVBF makes money:

• Interest Income: CVBF earns a significant portion of its revenue from interest income on loans and securities. The company offers a variety of loan products, including commercial real estate loans, commercial and industrial loans, and construction loans, which generate interest income for the company.
• Non-Interest Income: In addition to interest income, CVBF also earns revenue from non-interest sources such as fees and service charges. This includes fees for services like treasury management, international banking, and wealth management services.
• Loan Origination Fees: CVBF also generates revenue from loan origination fees. These fees are charged to borrowers when they take out a loan, and they help cover the costs associated with processing and underwriting the loan.
• Investment Income: CVBF invests in securities such as government and agency bonds, municipal bonds, and mortgage-backed securities. The company earns income from interest and dividends on these investments.
• Deposit Fees: CVBF charges fees on certain deposit accounts, such as checking accounts and money market accounts. These fees contribute to the company's overall revenue.