CVB Financial Management
Management criteria checks 4/4
CVB Financial's CEO is Dave Brager, appointed in Mar 2020, has a tenure of 4.08 years. total yearly compensation is $2.84M, comprised of 29% salary and 71% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $2.62M. The average tenure of the management team and the board of directors is 7.8 years and 9 years respectively.
Key information
Dave Brager
Chief executive officer
US$2.8m
Total compensation
| CEO salary percentage | 29.0% |
| CEO tenure | 4.1yrs |
| CEO ownership | 0.1% |
| Management average tenure | 7.8yrs |
| Board average tenure | 9yrs |
Recent management updates
Recent updates
CVB Financial: Navigating Through A Tough CRE Backdrop
Mar 15CVB Financial Corp. (NASDAQ:CVBF) Yearly Results: Here's What Analysts Are Forecasting For This Year
Jan 27
CVB Financial's (NASDAQ:CVBF) Dividend Will Be $0.20
Sep 24CVB Financial GAAP EPS of $0.46 beats by $0.02, revenue of $144.93M beats by $1.63M
Oct 19CVB Financial: Prospects Of Strong Earnings Growth Appear Priced In
Oct 08CVB Financial (NASDAQ:CVBF) Is Increasing Its Dividend To $0.20
Sep 25CVB Financial raises dividend 5.3% to $0.20/share
Sep 21CVB Financial GAAP EPS of $0.42 beats by $0.04, revenue of $136.61M beats by $5.21M
Jul 20CVB Financial Corp. Bounces Back With Well-Positioned Fundamentals
Jul 14CVB Financial (NASDAQ:CVBF) Is Paying Out A Larger Dividend Than Last Year
Jun 26CVB Financial (NASDAQ:CVBF) Has Affirmed Its Dividend Of US$0.18
Mar 28Here's Why I Think CVB Financial (NASDAQ:CVBF) Is An Interesting Stock
Feb 01CVB Financial (NASDAQ:CVBF) Is Due To Pay A Dividend Of US$0.18
Dec 21CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$3m | US$824k | US$220m |
| Sep 30 2023 | n/a | n/a | US$237m |
| Jun 30 2023 | n/a | n/a | US$244m |
| Mar 31 2023 | n/a | n/a | US$247m |
| Dec 31 2022 | US$3m | US$797k | US$234m |
| Sep 30 2022 | n/a | n/a | US$216m |
| Jun 30 2022 | n/a | n/a | US$201m |
| Mar 31 2022 | n/a | n/a | US$193m |
| Dec 31 2021 | US$3m | US$715k | US$212m |
| Sep 30 2021 | n/a | n/a | US$214m |
| Jun 30 2021 | n/a | n/a | US$212m |
| Mar 31 2021 | n/a | n/a | US$202m |
| Dec 31 2020 | US$2m | US$552k | US$177m |
| Sep 30 2020 | n/a | n/a | US$178m |
| Jun 30 2020 | n/a | n/a | US$181m |
| Mar 31 2020 | n/a | n/a | US$194m |
| Dec 31 2019 | US$677k | US$379k | US$207m |
| Sep 30 2019 | n/a | n/a | US$199m |
| Jun 30 2019 | n/a | n/a | US$187m |
| Mar 31 2019 | n/a | n/a | US$168m |
| Dec 31 2018 | US$1m | US$346k | US$152m |
| Sep 30 2018 | n/a | n/a | US$126m |
| Jun 30 2018 | n/a | n/a | US$117m |
| Mar 31 2018 | n/a | n/a | US$110m |
| Dec 31 2017 | US$758k | US$332k | US$104m |
Compensation vs Market: Dave's total compensation ($USD2.84M) is below average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
CEO
Dave Brager (55 yo)
4.1yrs
Tenure
US$2,838,639
Compensation
Mr. David A. Brager, also known as Dave, is Chief Executive Officer and Director at CVB Financial Corp. since March 16, 2020 and serves as its President since November 19, 2021. He is Chief Executive Offic...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$2.84m | 0.12% $ 2.6m | |
| Executive VP & CFO | 7.9yrs | US$1.31m | 0.071% $ 1.6m | |
| Executive VP & General Counsel | 12.5yrs | US$877.54k | 0.024% $ 532.6k | |
| Executive VP & COO of Citizens Business Bank | 14.3yrs | US$1.34m | 0.072% $ 1.6m | |
| Executive VP & Chief Credit Officer of Citizens Business Bank | 7.8yrs | US$1.02m | 0.040% $ 887.9k | |
| Senior VP & Chief Accounting Officer | 2.9yrs | no data | 0.017% $ 367.8k | |
| Senior VP & Chief Information Officer | 2.4yrs | no data | no data | |
| Executive VP & Chief Risk Officer | 15.3yrs | no data | 0.087% $ 1.9m | |
| Executive VP and Dairy & Livestock Industries Group Manager - Citizens Business Bank | no data | no data | no data | |
| Executive VP & Head of CitizensTrust of Citizens Business Bank | no data | no data | no data | |
| Executive VP & Deputy Chief Credit Officer of Citizens Business Bank | no data | no data | no data | |
| Senior VP of Central Valley Region - Citizens Business Bank | no data | no data | no data |
7.8yrs
Average Tenure
58yo
Average Age
Experienced Management: CVBF's management team is seasoned and experienced (7.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.1yrs | US$2.84m | 0.12% $ 2.6m | |
| Independent Director | 11.6yrs | US$169.17k | 0.037% $ 822.6k | |
| Independent Chairman of the Board | 10.3yrs | US$242.17k | 0.029% $ 633.6k | |
| Independent Director | 1.8yrs | US$123.33k | 0.0080% $ 176.7k | |
| Independent Vice Chairman of the Board | 11.4yrs | US$185.00k | 5.44% $ 119.6m | |
| Independent Director | 11.5yrs | US$179.17k | 0.033% $ 728.2k | |
| Independent Director | 7.8yrs | US$155.00k | 0.025% $ 553.3k | |
| Independent Director | 3.2yrs | US$169.17k | 0.012% $ 263.8k |
9.0yrs
Average Tenure
57yo
Average Age
Experienced Board: CVBF's board of directors are considered experienced (9 years average tenure).