CVB Financial Director Mike Maddox Buys 10,000 Shares
Maddox's $220,300 purchase triples his direct equity stake, signaling confidence in the regional bank despite modest recent stock performance.
Overview
Director Mike Maddox purchased 10,000 shares of CVB Financial(NASDAQ:CVBF) at $22.03 per share on Aug. 31, 2026, according to a SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($22.03); post-transaction value based on Aug. 31, 2026, market close ($22.17).
Details
CVB Financial operates as a regional banking institution, demonstrating substantial scale within the regional bank sector. The company maintains a disciplined business model centered on deposit gathering and commercial lending to small and medium-sized enterprises. With 1,079 employees and net income of $205.5 million TTM, CVB Financial has established itself as a competitive regional financial services provider with demonstrated profitability and operational efficiency.
Source
Originally published at www.fool.com.