Schedule 13G: State Street Discloses 4.7% Stake in CVB Financial

Rhea-AI Filing Summary

State Street Corporation reports beneficial ownership of 6,540,042 shares of CVB Financial Corp common stock, representing 4.7% of the outstanding class as of 06/30/2025. This holding is reported on a Schedule 13G and indicates shared dispositive power for 6,540,042 shares and shared voting power for 890,484 shares, with no sole voting or dispositive power recorded.

The filing lists several State Street-related investment-advisor entities (including SSGA Funds Management and State Street Global Advisors affiliates) as related subsidiaries. The reporting person certifies the securities are held in the ordinary course of business and not for the purpose of changing or influencing control.

Positive

• Transparent institutional disclosure: Schedule 13G reports a clear beneficial stake of 6,540,042 shares (4.7%).
• Passive ownership certified: Item 10 states the securities are held in the ordinary course of business and not to change or influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: State Street holds a modest, passive 4.7% stake (6.54M shares) in CVB Financial; disclosure improves transparency but is not materially disruptive.

State Street's Schedule 13G shows a 4.7% beneficial position with full shared dispositive control but no sole voting or dispositive power. For investors this signals institutional ownership without an expressed intent to influence control—typical for index or asset-manager holdings. The stake size is below thresholds that typically trigger activist concerns, so market-impact is likely limited unless position changes materially.

Corporate Governance Expert

TL;DR: The filing is a routine passive ownership disclosure; shared voting power of 890,484 votes exists but no indication of control actions.

The Schedule 13G classification and the Item 10 certification indicate the position is held in the ordinary course of business and not to influence control. The presence of multiple State Street advisory subsidiaries listed in Item 7 is consistent with asset-manager custody and advisory structures. From a governance perspective, this disclosure notifies stakeholders of sizable institutional ownership while showing no immediate governance challenge or takeover intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

CVB FINANCIAL CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

126600105

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 126600105

1

Names of Reporting Persons

STATE STREET CORPORATION

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 890,484.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 6,540,042.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,540,042.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.7 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CVB FINANCIAL CORP
(b)	Address of issuer's principal executive offices: 701 NORTH HAVEN AVENUE SUITE 350 , ONTARIO, CALIFORNIA, 91764
Item 2.
(a)	Name of person filing: STATE STREET CORPORATION;
(b)	Address or principal business office or, if none, residence: ONE CONGRESS STREET, SUITE 1, BOSTON MA 02114, UNITED STATES
(c)	Citizenship: MA
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 126600105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6540042.00
(b)	Percent of class: 4.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 890,484
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 6,540,042
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. NOT APPLICABLE
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. SSGA FUNDS MANAGEMENT, INC. (IA);STATE STREET GLOBAL ADVISORS EUROPE LIMITED (IA);STATE STREET GLOBAL ADVISORS LIMITED (IA);STATE STREET GLOBAL ADVISORS TRUST COMPANY (IA);STATE STREET GLOBAL ADVISORS, AUSTRALIA, LIMITED (IA);STATE STREET GLOBAL ADVISORS, LTD. (IA);
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. NOT APPLICABLE
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. NOT APPLICABLE

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

STATE STREET CORPORATION

Signature:	ELIZABETH SCHAEFER
Name/Title:	SENIOR VICE PRESIDENT, CHIEF ACCOUNTING OFFICER
Date:	08/08/2025

FAQ

How many CVBF shares does State Street report owning?

State Street reports beneficial ownership of 6,540,042 shares of CVB Financial common stock.

What percentage of CVB Financial does this represent?

The reported position represents 4.7% of the outstanding class.

What voting and dispositive powers does State Street hold?

The filing shows shared voting power of 890,484 shares, shared dispositive power of 6,540,042 shares, and no sole voting or dispositive power.

Does the filing indicate State Street intends to influence control of CVB Financial (CVBF)?

No. The Item 10 certification states the securities are acquired and held in the ordinary course of business and not to change or influence control.

Which State Street entities are identified as related subsidiaries?

The filing names entities including SSGA Funds Management, State Street Global Advisors Europe Limited, State Street Global Advisors Limited, State Street Global Advisors Trust Company, State Street Global Advisors, Australia, Limited, and related affiliates.