Citigroup Trims Stake in CVB Financial Corporation

The financial services giant reduced its holdings in the regional bank by 34.9% in the third quarter.

Mar. 8, 2026 at 8:34am

Got story updates? Submit your updates here. ›

Citigroup Inc. trimmed its stake in shares of CVB Financial Corporation (NASDAQ:CVBF) by 34.9% in the third quarter, according to the company's recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,212 shares of the financial services provider's stock after selling 69,401 shares.

Why it matters

This transaction reflects Citigroup's portfolio adjustments and shifting investment strategies in the regional banking sector. CVB Financial is a California-based commercial bank with a focus on commercial lending, real estate financing, and SBA loan programs.

The details

Citigroup reduced its stake in CVB Financial from 198,613 shares to 129,212 shares, a 34.9% decrease. The institutional investor's holdings were valued at $2,443,000 at the end of the reporting period. Several other major investors, including Massachusetts Financial Services Co. MA and Bessemer Group Inc., also adjusted their positions in CVB Financial during the quarter.

  • Citigroup trimmed its stake in the third quarter of 2026.

The players

Citigroup Inc.

A multinational investment bank and financial services corporation headquartered in New York City.

CVB Financial Corporation

A California-based commercial bank focused on commercial lending, real estate financing, and SBA loan programs.

Got photos? Submit your photos here. ›

The takeaway

Citigroup's reduction in its CVB Financial stake reflects broader portfolio adjustments in the regional banking sector, as large financial institutions continue to evaluate their investment strategies and holdings.