CVB Financial Director Mike Maddox Buys 10,000 Shares
Director Mike Maddox purchased 10,000 shares of CVB Financial(CVBF +0.62%) at $22.03 per share on Aug. 31, 2026, according to a SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $220,300 |
| Shares purchased | 10,000 |
| Post-transaction shares (directly held) | 13,138 |
| Post-transaction value | $291,269 |
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).
Key questions
- What is the significance of this acquisition relative to the insider’s previous position?
The purchase of 10,000 shares represents a substantial addition to the director’s equity holdings. - How was the transaction priced relative to the market close?
Maddox purchased the shares at a weighted average price of $22.03, while the stock finished the Aug. 31, 2026, session at $22.17. - What is the current scale of the company’s financial operations?
For the trailing 12 months, the regional banking institution generated $572.4 million in revenue and $205.5 million in net income. - What is the insider’s current stake in the company?
Following the purchase, the director’s 13,138 directly held shares represent 0.009% of the company’s outstanding equity.
Company Overview
| Metric | Value |
|---|---|
| Share Price (as of market close 2026-08-28) | $22.19 |
| Market Capitalization | $3.9 billion |
| Revenue (TTM) | $572.4 million |
| Net Income (TTM) | $205.5 million |
Company Snapshot
- CVB Financial is the parent holding company for Citizens Business Bank, a state-chartered financial institution offering comprehensive deposit products, including checking, savings, money market, and certificate of deposit (CD) accounts, to both personal and business clients.
- The company generates revenue through traditional banking operations, including deposit spreads, loan origination and servicing, and ancillary financial services provided to its retail and commercial customer base.
- CVB Financial primarily serves individuals and small to medium-sized businesses in its operating markets, positioning itself as a regional banking provider focused on community-oriented financial solutions.
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.
Today’s Change
(0.62%) $0.14
Current Price
$22.62
Key Data Points
Market Cap
Day’s Range
$22.44 – $22.73
52wk Range
$17.95 – $23.41
Volume
643.6K
Avg Vol
1.4M
Dividend Yield
3.54%
What this transaction means for investors
Thus far in 2026, the CVB stock price has performed well, climbing 21.6%. In comparison, it’s easily outperforming the S&P 500, which is up 12.7% in the same period. With that strong performance, it should be especially encouraging for shareholders to see an insider purchasing more shares. Before this transaction, Maddox held 3,138 shares. After the Aug. 31 transaction, that stake was increased to 13,138 shares, an increase of 318%. While an insider may sell their shares for plenty of reasons, the only real reason a stock is typically bought is because the individual expects the price is going to go up.
While the stock doesn’t receive much analyst coverage, those who do are generally bullish. Of the six analysts who cover the stock, 67% rate it as a buy, while 33% rate it as a hold, according to CNN. From that group, the median one-year price target is $26, representing a potential gain of nearly 15% from today’s price of $22.62. The group’s highest price target, $158, represents a potential gain of 23.7%. And even the lowest price target, $25, still represents a potential gain of 10.5%. With insider buying and those price targets, there are two bullish signals.
Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
