CVB financial director Borba buys $999,999 in shares

Published 05/08/2025, 00:00
CVB financial director Borba buys $999,999 in shares

Director George A. Borba Jr. of CVB Financial Corp (NASDAQ:CVBF), a $2.57 billion market cap financial institution, recently purchased 53,567 shares of common stock. The transactions, which occurred on August 4, 2025, involved a total investment of $999,999. According to InvestingPro analysis, the stock is currently trading near its Fair Value, with a P/E ratio of 12.8x.

The shares were bought at a weighted average price of $18.6682, in a range of $18.495 to $18.72 per share. Following the transaction, Borba indirectly holds 718,688 shares through a partnership. InvestingPro data shows the company has maintained dividend payments for 37 consecutive years, currently offering a 4.28% yield, while analysts set price targets between $21-26.

Borba also directly holds 54,825 shares. Additionally, he indirectly holds 288 shares as custodian for his minor children, 4,599,439 shares in trust, and 2,277,000 shares as trustee. Discover more insights about CVBF and access comprehensive analysis of 1,400+ stocks with an InvestingPro subscription.

In other recent news, CVB Financial Corporation reported its second-quarter earnings for 2025, showcasing a steady performance. The company achieved earnings per share of $0.36, which surpassed the forecast of $0.3483. However, CVB Financial faced a slight revenue shortfall, reporting $126.35 million compared to the expected $127.88 million. Despite the earnings beat, the revenue miss indicates a mixed outcome for the quarter. These developments are crucial for investors as they assess the company’s financial health. Analyst firms have not provided any recent upgrades or downgrades for CVB Financial. The company’s performance continues to be closely watched by the market. Investors may want to keep an eye on future earnings reports to see how the company navigates these challenges.

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