CVBF CVB FINANCIAL CORP

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q2 2026: $23M, Q1 2026: $19M, Q3 2025: $0M, Q2 2025: $0M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $23M vs trailing avg $6M (+261%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Missing buyback or cash flow data

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased -600,000 shares = -1.8% of 135,551,799 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

6 open-market purchases by 2 insiders

• O Brien Raymond V III () bought 20,000 shares at $22.77 on 2026-07-28
• Borba George A Jr () bought 48,894 shares at $20.45 on 2026-05-22
• Borba George A Jr () bought 25,187 shares at $19.85 on 2026-05-19
• Borba George A Jr () bought 25,097 shares at $19.92 on 2026-05-14
• Borba George A Jr () bought 50,242 shares at $19.90 on 2026-05-12
• Borba George A Jr () bought 27,094 shares at $18.45 on 2025-11-14

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Company buybacks in 4 quarters and 6 insider purchases by 2 insiders (no calendar overlap, but both independently active)

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $3M, sold $1M in the last 90 days (net buying)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

No buyback-insider divergence detected