CVB Financial: Navigating Through A Tough CRE Backdrop
CVB Financial (CVBF) Seeking Alpha·2024-03-16 01:55
sshepard Shares of California bank holding company CVB Financial Corp. (NASDAQ:CVBF) have fallen some 20% since December 2023 on a plethora of nagging concerns regarding the regional bank sector. That said, 2023 was the business-centric bank's second most profitable year in its history, and it has been in the black every quarter since 1977. With a 4.8% dividend yield but 76% of its loan portfolio in commercial real estate, the recent insider buying merited a deeper dive. An analysis follows below. Seeking A ...