David Farnsworth Biography and Net Worth



David Farnsworth is the Executive Vice President and Chief Credit Officer for Citizens Business Bank. He started his banking career over 35 years ago and has been employed in credit management and line positions since 1984. Mr. Farnsworth began his employment with Key Bank and over a sixteen-year period, progressed to Senior Vice President and Regional Credit Risk Manager. Thereafter, he held senior credit management positions with US Bank and AmSouth Bank. Most recently he was Executive Vice President, Global Risk Management and National CRE Risk Executive at BBVA Compass in Denver, Colorado.

Mr. Farnsworth received his Bachelor’s Degree in Accounting and Business Administration from Utah State University.

What is David F. Farnsworth's net worth?

The estimated net worth of David F. Farnsworth is at least $710,502.24 as of July 31st, 2023. Mr. Farnsworth owns 43,113 shares of CVB Financial stock worth more than $710,502 as of April 27th. This net worth estimate does not reflect any other investments that Mr. Farnsworth may own. Additionally, Mr. Farnsworth receives an annual salary of $637,400.00 as EVP at CVB Financial. Learn More about David F. Farnsworth's net worth.

How old is David F. Farnsworth?

Mr. Farnsworth is currently 67 years old. There are 5 older executives and no younger executives at CVB Financial. Learn More on David F. Farnsworth's age.

What is David F. Farnsworth's salary?

As the EVP of CVB Financial Corp., Mr. Farnsworth earns $637,400.00 per year. There are 3 executives that earn more than Mr. Farnsworth. The highest earning executive at CVB Financial is Mr. David A. Brager, President, CEO & Director, who commands a salary of $1,640,000.00 per year. Learn More on David F. Farnsworth's salary.

How do I contact David F. Farnsworth?

The corporate mailing address for Mr. Farnsworth and other CVB Financial executives is 701 N HAVEN AVE SUITE 350, ONTARIO CA, 91764. CVB Financial can also be reached via phone at (909) 980-4030 and via email at [email protected]. Learn More on David F. Farnsworth's contact information.

Has David F. Farnsworth been buying or selling shares of CVB Financial?

David F. Farnsworth has not been actively trading shares of CVB Financial in the last ninety days. Most recently, on Monday, July 31st, David F. Farnsworth bought 1,250 shares of CVB Financial stock. The stock was acquired at an average cost of $18.67 per share, with a total value of $23,337.50. Following the completion of the transaction, the executive vice president now directly owns 43,113 shares of the company's stock, valued at $804,919.71. Learn More on David F. Farnsworth's trading history.

Who are CVB Financial's active insiders?

CVB Financial's insider roster includes George Borba, Jr. (Director), David Farnsworth (EVP), Anna Kan (Director), Francene Lapoint (CAO), Kristina Leslie (Director), Jane Olvera (Director), and Richard Wohl (EVP). Learn More on CVB Financial's active insiders.

Are insiders buying or selling shares of CVB Financial?

In the last twelve months, CVB Financial insiders bought shares 8 times. They purchased a total of 443,751 shares worth more than $7,693,872.28. The most recent insider tranaction occured on February, 6th when Director George A Borba Jr bought 59,601 shares worth more than $1,000,104.78. Insiders at CVB Financial own 6.0% of the company. Learn More about insider trades at CVB Financial.

Information on this page was last updated on 2/6/2024.

David F. Farnsworth Insider Trading History at CVB Financial

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/31/2023Buy1,250$18.67$23,337.5043,113View SEC Filing Icon  
3/13/2023Buy1,000$20.76$20,760.0041,392View SEC Filing Icon  
10/31/2022Sell11,553$28.51$329,376.0334,796View SEC Filing Icon  
10/28/2022Sell3,447$28.48$98,170.5634,796View SEC Filing Icon  
See Full Table

David F. Farnsworth Buying and Selling Activity at CVB Financial

This chart shows David F Farnsworth's buying and selling at CVB Financial by year and by quarter.

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CVB Financial Company Overview

CVB Financial logo
CVB Financial Corp. operates as a bank holding company for Citizens Business Bank, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals. It offers checking, savings, money market, and time certificates of deposit products for business and personal accounts; and serves as a federal tax depository for business customers. The company also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; and consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans and lines of credit. In addition, it offers various specialized services, such as treasury management systems for monitoring cash flow, merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access. Further, the company provides trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts. CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.
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Today's Range

Now: $16.48
Low: $16.19
High: $16.76

50 Day Range

MA: $16.98
Low: $15.75
High: $17.93

2 Week Range

Now: $16.48
Low: $10.66
High: $21.77

Volume

651,521 shs

Average Volume

712,491 shs

Market Capitalization

$2.30 billion

P/E Ratio

10.84

Dividend Yield

4.85%

Beta

0.46