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Saturday, September 5, 2026

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Business

CVB Financial Director Mike Maddox Buys 10,000 Shares

Maddox's $220,300 purchase triples his direct equity stake, signaling confidence in the regional bank despite modest recent stock performance.

· 321 words

Director Mike Maddox purchased 10,000 shares of CVB Financial (NASDAQ:CVBF) at $22.03 per share on Aug. 31, 2026, according to a SEC Form 4 filing .

Transaction value based on SEC Form 4 weighted average purchase price ($22.03); post-transaction value based on Aug. 31, 2026, market close ($22.17).

What is the significance of this acquisition relative to the insider's previous position? The purchase of 10,000 shares represents a substantial addition to the director's equity holdings.

How was the transaction priced relative to the market close? Maddox purchased the shares at a weighted average price of $22.03, while the stock finished the Aug. 31, 2026, session at $22.17.

What is the current scale of the company's financial operations? For the trailing 12 months, the regional banking institution generated $572.4 million in revenue and $205.5 million in net income.

What is the insider's current stake in the company? Following the purchase, the director's 13,138 directly held shares represent 0.009% of the company's outstanding equity.

Share Price (as of market close 2026-08-28)

CVB Financial is the parent holding company for Citizens Business Bank, a state-chartered financial institution offering comprehensive deposit products, including checking, savings, money market, and certificate of deposit (CD) accounts, to both personal and business clients.

The company generates revenue through traditional banking operations, including deposit spreads, loan origination and servicing, and ancillary financial services provided to its retail and commercial customer base.

CVB Financial primarily serves individuals and small to medium-sized businesses in its operating markets, positioning itself as a regional banking provider focused on community-oriented financial solutions.

CVB Financial operates as a regional banking institution, demonstrating substantial scale within the regional bank sector. The company maintains a disciplined business model centered on deposit gathering and commercial lending to small and medium-sized enterprises. With 1,079 employees and net income of $205.5 million TTM, CVB Financial has established itself as a competitive regional financial services provider with demonstrated profitability and operational efficiency.

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