CVB Financial Management
Management criteria checks 3/4
CVB Financial's CEO is Dave Brager, appointed in Mar 2020, has a tenure of 6.25 years. total yearly compensation is $3.80M, comprised of 24.4% salary and 75.6% bonuses, including company stock and options. directly owns 0.14% of the company’s shares, worth $5.05M. The average tenure of the management team and the board of directors is 5.4 years and 8.1 years respectively.
Key information
Dave Brager
Chief executive officer
US$3.8m
Total compensation
| CEO salary percentage | 24.42% |
| CEO tenure | 6.3yrs |
| CEO ownership | 0.1% |
| Management average tenure | 5.4yrs |
| Board average tenure | 8.1yrs |
Recent management updates
Recent updates
Analysis Article • Jun 17
CVB Financial (CVBF) Stock Could Be 11.5% Undervalued After New Buyback Authorization
New buyback authorization reshapes the CVB Financial stock story CVB Financial (CVBF) has just refreshed its capital return playbook with a new share repurchase program of up to 15,000,000 shares, replacing the company’s prior 2024 authorization. See our latest analysis for CVB Financial. The buyback news lands at a time when CVB Financial’s share price has been climbing, with a 30-day share price return of 6.84% and a 90-day share price return of 12.50%. Its 1-year total shareholder return...
Narrative Update • Jun 05
CVBF: Steady Assumptions And Buybacks Will Support Future Earnings Repricing
Analysts have raised their price target on CVB Financial by $1 to $24, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and forward P/E that support a steady view of the stock’s long term potential. What's in the News CVB Financial reported that from January 1, 2026 to March 31, 2026, it repurchased 0 shares for US$0 under its existing buyback program, based on company key developments.Narrative Update • May 20
CVBF: Higher Future P/E Assumptions Will Support Earnings Repricing Potential
Analysts lifted their price target on CVB Financial to $24.00 from $23.80, citing updated assumptions around fair value, discount rate, profit margin and future P/E that align with recent Street research. Analyst Commentary Recent Street research behind the US$24.00 price target focuses on how updated fair value work lines up with current sector assumptions on discount rate, profit margin and future P/E for CVB Financial.Narrative Update • Apr 26
CVBF: Heritage Commerce Merger And Buybacks Will Support Future Earnings Repricing
Analysts lifted their fair value estimate for CVB Financial's shares to $23.80 from $23.50, citing updated assumptions for revenue growth, profit margins, the discount rate, and the future P/E multiple that they view as better reflecting the company's current outlook. Analyst Commentary Recent research commentary around the US$23.80 fair value estimate for CVB Financial points to a mix of supportive and cautious views.Narrative Update • Jan 27
CVBF: Heritage Commerce Deal And Buybacks Will Reshape Future Earnings Profile
Narrative Update on CVB Financial Analysts have lifted their price target on CVB Financial by $0.70 to $23.50, citing updated assumptions for revenue growth of 24.08%, a profit margin of 41.14% and a future P/E of 8.74. They also note support from recent Street research, including a higher target at Keefe Bruyette and positive views on the Heritage Commerce acquisition.Analysis Article • Dec 19
CVB Financial (NASDAQ:CVBF) Will Pay A Dividend Of $0.20
The board of CVB Financial Corp. ( NASDAQ:CVBF ) has announced that it will pay a dividend of $0.20 per share on the...Seeking Alpha • Oct 29
CVB Financial: Earnings Outlook Remains Stable, Maintaining A Buy Rating
Summary The factors that will buoy loan growth are: strong pipelines, anticipation of CRE price decline, and team expansion. The margin will likely remain stable. It is barely sensitive to rate changes. I’m expecting earnings to be largely stable. I’m maintaining a buy rating based on a price upside of 8.2% and dividend yield of 4.2%. Read the full article on Seeking AlphaAnalysis Article • Sep 21
CVB Financial (NASDAQ:CVBF) Will Pay A Dividend Of $0.20
CVB Financial Corp. ( NASDAQ:CVBF ) will pay a dividend of $0.20 on the 16th of October. This makes the dividend yield...Analysis Article • Jun 29
CVB Financial (NASDAQ:CVBF) Has Announced A Dividend Of $0.20
CVB Financial Corp. ( NASDAQ:CVBF ) has announced that it will pay a dividend of $0.20 per share on the 24th of July...Analysis Article • Dec 21
CVB Financial (NASDAQ:CVBF) Has Announced A Dividend Of $0.20
The board of CVB Financial Corp. ( NASDAQ:CVBF ) has announced that it will pay a dividend of $0.20 per share on the...
New Narrative • Sep 24
Enduring Dividends And Operational Efficiency Clashes With Looming Revenue And Profit Challenges
Strategic reductions in noninterest expenses and efficient capital management indicate improved operational efficiency and future earnings enhancement.Analysis Article • Sep 20
CVB Financial (NASDAQ:CVBF) Has Announced A Dividend Of $0.20
CVB Financial Corp.'s ( NASDAQ:CVBF ) investors are due to receive a payment of $0.20 per share on 14th of October. The...Analysis Article • Jul 01
CVB Financial (NASDAQ:CVBF) Has Announced A Dividend Of $0.20
The board of CVB Financial Corp. ( NASDAQ:CVBF ) has announced that it will pay a dividend of $0.20 per share on the...Seeking Alpha • Jun 07
CVB Financial: Attractively Valued, But Earnings Likely To Dip
Summary The upcoming falling interest-rate environment will likely squeeze the margin. I’m expecting earnings to fall by 12% to $1.39 per share. The year-end target price suggests an upside of around 12.7%. CVBF is offering a good dividend yield of 4.8%. Read the full article on Seeking AlphaSeeking Alpha • Mar 15
CVB Financial: Navigating Through A Tough CRE Backdrop
Summary CVB Financial Corp. has seen a 25% decline in its shares since December 2023 due to concerns about the regional bank sector. Despite this, CVB Financial had its second most profitable year in 2023 and has been consistently profitable since 1977. The bank has a conservative approach, targeting privately held businesses in California, but its high exposure to commercial real estate is a concern. With low valuations, a nearly five percent dividend yield, and recent insider buying; the stock merited further investigation. A full investment analysis of CVB Financial follows in the paragraphs below. Read the full article on Seeking AlphaAnalysis Article • Jan 27
CVB Financial Corp. (NASDAQ:CVBF) Yearly Results: Here's What Analysts Are Forecasting For This Year
Last week, you might have seen that CVB Financial Corp. ( NASDAQ:CVBF ) released its full-year result to the market...Analysis Article • Sep 24
CVB Financial's (NASDAQ:CVBF) Dividend Will Be $0.20
The board of CVB Financial Corp. ( NASDAQ:CVBF ) has announced that it will pay a dividend of $0.20 per share on the...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$208m |
| Dec 31 2025 | US$4m | US$929k | US$208m |
| Sep 30 2025 | n/a | n/a | US$204m |
| Jun 30 2025 | n/a | n/a | US$202m |
| Mar 31 2025 | n/a | n/a | US$202m |
| Dec 31 2024 | US$3m | US$879k | US$199m |
| Sep 30 2024 | n/a | n/a | US$197m |
| Jun 30 2024 | n/a | n/a | US$204m |
| Mar 31 2024 | n/a | n/a | US$209m |
| 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$207m |
Compensation vs Market: Dave's total compensation ($USD3.80M) is below average for companies of similar size in the US market ($USD6.92M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
CEO
Dave Brager (58 yo)
6.3yrs
Tenure
US$3,803,565
Compensation
Mr. David A. Brager, also known as Dave, is Chief Executive Officer and Director at CVB Financial Corp. since March 16, 2020 and served as its President since November 19, 2021 until April 17, 2026. He is...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.3yrs | US$3.80m | 0.14% $ 5.0m | |
| Executive VP & CFO | 10.1yrs | US$1.47m | 0.076% $ 2.8m | |
| Executive VP & COO | no data | US$1.50m | 0.078% $ 2.8m | |
| Executive VP & Chief Credit Officer | 9.9yrs | US$1.11m | 0.048% $ 1.7m | |
| President & Director | less than a year | no data | 0.14% $ 5.2m | |
| Senior VP & Chief Investment Officer | no data | no data | no data | |
| Senior VP & Chief Accounting Officer | 1.6yrs | no data | 0.0080% $ 291.1k | |
| Senior VP & Chief Information Officer | 4.6yrs | no data | no data | |
| Executive VP & Director of Human Resources | no data | no data | no data | |
| Executive VP and Dairy & Livestock Industries Group Manager | 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 | no data | no data | no data |
5.4yrs
Average Tenure
58yo
Average Age
Experienced Management: CVBF's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.3yrs | US$3.80m | 0.14% $ 5.0m | |
| President & Director | less than a year | no data | 0.14% $ 5.2m | |
| Director | less than a year | no data | 0.027% $ 997.8k | |
| Independent Director | 13.8yrs | US$157.92k | 0.037% $ 1.4m | |
| Independent Vice Chairman of the Board | 12.4yrs | US$233.97k | 0.030% $ 1.1m | |
| Independent Chairman of the Board | 13.6yrs | US$189.17k | 4.44% $ 161.1m | |
| Independent Director | 13.7yrs | US$168.34k | 0.029% $ 1.1m | |
| Independent Director | 9.9yrs | US$157.92k | 0.021% $ 774.9k | |
| Independent Director | 5.3yrs | US$157.92k | 0.016% $ 598.5k | |
| Independent Director | less than a year | US$55.33k | 0.0037% $ 133.2k |
8.1yrs
Average Tenure
58.5yo
Average Age
Experienced Board: CVBF's board of directors are considered experienced (8.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/18 21:50 |
| End of Day Share Price | 2026/06/18 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
CVB Financial Corp. is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Joseph Gladue | B. Riley Securities, Inc. |
| Michael Diana | Cantor Fitzgerald & Co. |
| Jeannette Daroosh | Citizens JMP Securities, LLC |