Silvercrest Asset Management Group 13F: Cuts CVBF Stake by $8.9M

Silvercrest Trims CVB Financial Corp. Position

Silvercrest Asset Management Group reduced its investment in CVB Financial Corp. (NasdaqGS: CVBF) during the period, according to a Form 13F filed with the U.S. Securities and Exchange Commission. The asset manager cut its stake by 15.0%, shedding 417,343 shares from its portfolio. This backward-looking report reflects holdings as of May 15, 2026, and may not represent the firm's current share count today.

Position Details and Share Reduction

Prior to the adjustment, Silvercrest held 2,777,298 shares of the regional bank. The sale of 417,343 shares left the fund with 2,359,955 shares at the close of the period. Based on a reported cost basis of $18.35, the remaining stake carried an estimated value of about $50.1 million. Investors tracking the fund will need to review later filings to see whether the manager continues to pare back its exposure to the financial services firm.

Stock Performance and Valuation

Shares of CVB Financial Corp. changed hands around $21.23 as the market digested recent institutional shifts. The regional lender moves within a 52-week price range between $17.95 and $23.41, sitting comfortably above its 200-day moving average of $20.78. The company has a forward P/E of 11.3 alongside a dividend yield of 3.52%, supported by an annual payout of $0.80 per share.

Wall Street Analyst Updates

Analyst firms have kept a steady eye on the bank through the summer months. On July 1, 2026, Raymond James upgraded the stock to an outperform rating. Later in the month, Piper Sandler maintained its overweight rating on July 27, 2026, raising its target to $28.00 from $27.00. The following day on July 28, 2026, Stephens & Co. kept its equal-weight rating while lifting its price target to $25.00 from $23.00. DA Davidson also maintained a neutral rating with a $25.00 target on July 25, 2026. Across the street, analysts carry a consensus mean price target of $26.17 for the bank.

Citizens Business Bank Operations

CVB Financial Corp. operates as the bank holding company for Citizens Business Bank, providing commercial banking services to small and mid-sized businesses, professionals, and individuals across California. The institution offers checking accounts, commercial loans, agricultural financing, and trust services. Institutional portfolio adjustments like Silvercrest's offer a window into how large asset managers reallocate capital across regional banking stocks.

What to Watch at CVBF

The bank is scheduled to release its next round of quarterly financial results on October 21, 2026. These upcoming earnings figures will provide fresh insight into loan growth and net interest margins. Institutional investors will continue monitoring regulatory filings to track how major funds adjust their positions through the rest of the year.