Momentous Wealth Management Inc. Purchases New Holdings in CVB Financial Corporation $CVBF

Momentous Wealth Management Inc. purchased a new position in shares of CVB Financial Corporation (NASDAQ:CVBF) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 118,456 shares of the financial services provider’s stock, valued at approximately $2,560,000. CVB Financial accounts for approximately 1.2% of Momentous Wealth Management Inc.’s holdings, making the stock its 11th biggest position. Momentous Wealth Management Inc. owned about 0.07% of CVB Financial at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. BlackRock Inc. acquired a new position in CVB Financial in the second quarter valued at approximately $579,285,000. Dimensional Fund Advisors LP grew its holdings in CVB Financial by 4.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 7,613,287 shares of the financial services provider’s stock worth $147,620,000 after acquiring an additional 331,307 shares during the period. Bank of New York Mellon Corp acquired a new stake in CVB Financial during the 2nd quarter worth $38,066,000. Bessemer Group Inc. grew its holdings in CVB Financial by 34.1% during the 1st quarter. Bessemer Group Inc. now owns 1,466,670 shares of the financial services provider’s stock worth $28,439,000 after acquiring an additional 372,732 shares during the period. Finally, The Manufacturers Life Insurance Company acquired a new stake in CVB Financial during the 2nd quarter worth $29,928,000. 74.18% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

CVB Financial Stock Up 0.4%

Shares of NASDAQ:CVBF opened at $22.24 on Thursday. The company 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 debt-to-equity ratio of 0.17, a quick ratio of 0.77 and a current ratio of 0.77. The company has a market capitalization of $3.91 billion, a PE ratio of 15.34 and a beta of 0.66. CVB Financial Corporation has a 52 week low of $18.01 and a 52 week high of $23.41.

CVB Financial (NASDAQ:CVBF) last announced its quarterly earnings results on Wednesday, October 21st. The financial services provider reported $0.44 earnings per share for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.01). The firm had revenue of $195.56 million for the quarter, compared to the consensus estimate of $192.80 million. CVB Financial had a return on equity of 9.21% and a net margin of 29.02%. During the same period in the prior year, the business earned $0.38 earnings per share. Analysts forecast that CVB Financial Corporation will post 1.74 earnings per share for the current year.

CVB Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a $0.20 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.6%. CVB Financial’s dividend payout ratio is currently 55.17%.

CVB Financial News Roundup

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 other CVB Financial news, Director Mike Maddox acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were acquired at an average price of $22.03 per share, with a total value of $220,300.00. Following the purchase, 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 purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO David Harvey sold 40,000 shares of CVB Financial stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $22.94, for a total value of $917,600.00. Following the transaction, the chief operating officer owned 98,149 shares in the company, valued at approximately $2,251,538.06. This represents a 28.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 6.40% of the stock is currently owned by company insiders.

About CVB Financial

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.