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George Borba, Jr. Biography and Net Worth

Director of CVB Financial

George A. Borba, Jr. is Vice-Chairman of the Board and has served on our Board since 2012. Mr. Borba, a dairy farmer, became a partner in George Borba & Son Dairy, L.P. in 1990. He is currently President of Belonave Dairy and 5 Mile Ranch LLC, located in Bakersfield, California. Mr. Borba earned a B.S. in Agricultural Business Management from the California Polytechnic University in San Luis Obispo. He has served on various boards in San Bernardino and Kern Counties and is active in the Bakersfield community. Currently, Mr. Borba serves as a Board member of The Open Door Network, formerly known as the Bethany Homeless Shelter.

Mr. Borba is the Chairman of the Balance Sheet Management Committee, a member of the Credit Committee, and the Risk Management Committee of Citizens Business Bank. He is also a member of the Compensation Committee and the Nominating and Corporate Governance Committee of CVB Financial Corp. Mr. Borba brings to the Board a deep understanding of the dairy and agricultural industries, which are key components of Citizens Business Bank's loan portfolio, as well as strong connections within the business community in the Central Valley of California, which is an important region for Citizens Business Bank's current and future growth.

What is George A. Borba, Jr.'s net worth?: The estimated net worth of George A. Borba, Jr. is at least $10.32 million as of February 6th, 2024. Mr. Borba, Jr. owns 626,311 shares of CVB Financial stock worth more than $10,321,605 as of April 27th. This net worth evaluation does not reflect any other assets that Mr. Borba, Jr. may own. Learn More about George A. Borba, Jr.'s net worth.
How do I contact George A. Borba, Jr.?: The corporate mailing address for Mr. Borba, Jr. 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 George A. Borba, Jr.'s contact information.
Has George A. Borba, Jr. been buying or selling shares of CVB Financial?: George A. Borba, Jr. has not been actively trading shares of CVB Financial over the course of the past ninety days. Most recently, on Tuesday, February 6th, George A. Borba, Jr. bought 59,601 shares of CVB Financial stock. The stock was acquired at an average cost of $16.78 per share, with a total value of $1,000,104.78. Following the completion of the transaction, the director now directly owns 626,311 shares of the company's stock, valued at $10,509,498.58. Learn More on George A. Borba, Jr.'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.

George A. Borba, Jr. Insider Trading History at CVB Financial

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
2/6/2024	Buy	59,601	$16.78	$1,000,104.78	626,311
11/1/2023	Buy	212,000	$15.84	$3,358,080.00	469,704
8/7/2023	Buy	165,000	$19.52	$3,220,800.00	165,000
7/23/2013	Sell	651,387	$13.32	$8,676,474.84
6/13/2013	Sell	1,348,613	$11.08	$14,942,632.04
3/12/2013	Sell	321,277	$10.90	$3,501,919.30

George A. Borba, Jr. Buying and Selling Activity at CVB Financial

CVB Financial Company Overview

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.

Today's Range

Now: $16.48

$16.19

$16.76

50 Day Range

MA: $16.98

$15.75

$17.93

2 Week Range

Now: $16.48

$10.66

$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