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NEW YORK ( TheStreet) -- CVB Financial Corporation (Nasdaq: CVBF) hit a new 52-week high Friday as it is currently trading at $11.23, above its previous 52-week high of $11.22 with 84,188 shares traded as of 10:20 a.m. ET. Average volume has been 779,600 shares over the past 30 days. CVB Financial has a market cap of $1.14 billion and is part of the financial sector and banking industry. Shares are up 8.4% year to date as of the close of trading on Thursday. CVB Financial Corp. operates as a bank holding company for Citizens Business Bank that provides various banking and trust services for small and medium-sized businesses, professionals, and individuals. The company has a P/E ratio of 14.1, equal to the average banking industry P/E ratio and below the S&P 500 P/E ratio of 17.7.