Momentous Wealth Management Inc. Buys New Position in CVB Financial Corporation $CVBF

Momentous Wealth Management Inc. purchased a new stake in CVB Financial Corporation (NASDAQ:CVBF) during the third quarter, HoldingsChannel.com reports. The fund purchased 118,456 shares of the financial services provider’s stock, valued at approximately $2,560,000. CVB Financial makes up approximately 1.2% of Momentous Wealth Management Inc.’s portfolio, making the stock its 11th largest holding.

A number of other institutional investors have also recently bought and sold shares of CVBF. Nykredit A S acquired a new position in shares of CVB Financial in the second quarter valued at approximately $43,000. Public Employees Retirement System of Ohio acquired a new stake in shares of CVB Financial during the second quarter worth $53,000. EverSource Wealth Advisors LLC raised its holdings in shares of CVB Financial by 40.6% during the first quarter. EverSource Wealth Advisors LLC now owns 2,407 shares of the financial services provider’s stock worth $47,000 after acquiring an additional 695 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of CVB Financial during the second quarter worth $77,000. Finally, Parkside Financial Bank & Trust lifted its position in CVB Financial by 752.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,581 shares of the financial services provider’s stock valued at $81,000 after acquiring an additional 3,161 shares in the last quarter. Institutional investors own 74.18% of the company’s stock.

More CVB Financial News

Here are the key news stories impacting CVB Financial this week:

• Positive Sentiment: CVB Financial reported third-quarter net income of $78.1 million, or $0.44 per share, compared with $48.3 million in the second quarter and $52.6 million a year earlier. The sharp sequential and year-over-year improvement supports the stock. CVB Financial Reports Earnings for the Third Quarter 2026
• Positive Sentiment: The bank’s net interest margin expanded to 3.89%, while return on average assets reached 1.48% and return on average tangible common equity was 16.22%. These metrics indicate improved profitability and lending economics. CVB Financial Third-Quarter and Nine-Month Results
• Positive Sentiment: Quarterly revenue exceeded Wall Street expectations, suggesting operating performance was stronger than anticipated despite the EPS shortfall. CVB Financial Q3 2026 Sales Beat Estimates
• Neutral Sentiment: CVBF’s profitability remains solid, with a 29.02% net margin and 9.21% return on equity. Its valuation, at approximately 13.9 times earnings, may limit a major reaction unless future results or guidance improve materially.
• Negative Sentiment: Adjusted earnings of $0.44 per share fell short of the $0.45 consensus estimate, creating a modest earnings-quality concern even though EPS increased from $0.38 a year earlier. CVB Financial Lags Q3 Earnings Estimates

Insider Buying and Selling

In related news, COO David Harvey sold 40,000 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $22.94, for a total value of $917,600.00. Following the completion of the transaction, the chief operating officer owned 98,149 shares of the company’s stock, valued at approximately $2,251,538.06. This trade represents a 28.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mike Maddox bought 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was acquired at an average cost of $22.03 per share, with a total value of $220,300.00. Following the transaction, the director owned 13,138 shares of the company’s stock, valued at $289,430.14. This represents a 318.67% increase in their position. The disclosure for this purchase is available in the SEC filing. 6.40% of the stock is currently owned by corporate insiders.

CVB Financial Trading Up 0.4%

NASDAQ:CVBF opened at $22.24 on Thursday. The company has a market cap of $3.91 billion, a P/E ratio of 15.34 and a beta of 0.66. CVB Financial Corporation has a twelve month low of $18.01 and a twelve month high of $23.41. The business has a 50 day moving average price of $22.28 and a two-hundred day moving average price of $21.63. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.17.

CVB Financial (NASDAQ:CVBF) last posted its quarterly earnings data on Wednesday, October 21st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). CVB Financial had a net margin of 29.02% and a return on equity of 9.21%. The business had revenue of $195.56 million during the quarter, compared to analyst estimates of $192.80 million. During the same quarter last year, the business earned $0.38 earnings per share. As a group, analysts expect that CVB Financial Corporation will post 1.74 EPS for the current fiscal year.

CVB Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were issued a dividend of $0.20 per share. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 annualized dividend and a yield of 3.6%. CVB Financial’s dividend payout ratio is presently 55.17%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on CVBF shares. Stephens raised shares of CVB Financial from an “equal weight” rating to an “overweight” rating and set a $27.00 price objective on the stock in a research report on Thursday, August 6th. Raymond James Financial upgraded CVB Financial from a “market perform” rating to an “outperform” rating and set a $25.00 target price for the company in a report on Wednesday, July 1st. Weiss Ratings downgraded CVB Financial from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Piper Sandler lifted their price target on CVB Financial from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Finally, DA Davidson upped their price objective on CVB Financial from $22.50 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, CVB Financial currently has an average rating of “Moderate Buy” and an average target price of $26.25.

CVB Financial Company Profile

CVB Financial Corp. is a bank holding company headquartered in Ontario, California. Its principal subsidiary, Citizens Business Bank, provides banking and financial services to businesses, professionals, and individuals, with a focus on relationship-based commercial banking.

Citizens Business Bank offers business checking and savings accounts, commercial and real estate loans, lines of credit, equipment financing, treasury management, cash management, and international banking services.