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Stock Market & Financial Investment News

News Breaks
March 20, 2014
05:25 EDTCVBFCVB Financial chairman Ronald Kruse to retire, D. Linn Wiley named successor
CVB Financial and its principal subsidiary, Citizens Business Bank, announced that Ronald O. Kruse has decided to retire as chairman of the board, effective immediately. He will subsequently retire as a member of the board, effective at the conclusion of CVBFs annual meeting of shareholders on May 22. Kruse informed the board of his decision at its monthly meeting. The company also announced that the board has elected D. Linn Wiley as the new chairman of the board and elected George A. Borba, Jr. and Raymond V. OBrien III as new vice-chairmen of the board.
News For CVBF From The Last 14 Days
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January 23, 2015
10:02 EDTCVBFOn the Fly: Analyst Downgrade Summary
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07:53 EDTCVBFCVB Financial downgraded to Market Perform from Outperform at Keefe Bruyette
Keefe Bruyette downgraded CVB Financial to Market Perform with a $16 price target citing valuation following the company's Q4 results.
January 21, 2015
18:09 EDTCVBFCVB Financial reports Q4 EPS 24c, consensus 24c
There was zero provision for loan losses for the fourth quarter of 2014. Total interest income for the fourth quarter of 2014 of $65.3M increased $6M, or 10.18%, from the year ago quarter.

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