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NEW YORK ( TheStreet) -- CVB Financial Corporation (Nasdaq: CVBF) hit a new 52-week high Monday as it is currently trading at $10.47, above its previous 52-week high of $10.46 with 184,747 shares traded as of 12:47 p.m. ET. Average volume has been 839,200 shares over the past 30 days. CVB Financial has a market cap of $1.08 billion and is part of the financial sector and banking industry. Shares are up 2.3% year to date as of the close of trading on Friday. CVB Financial Corp. operates as a bank holding company for Citizens Business Bank that provides various retail banking and financial services to small to mid-sized businesses, high net-worth individuals, and professionals in the United States. The company has a P/E ratio of 15.7, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.