Banking Reports

Ontario-based CVB Financial has announced a cash dividend of 18 cents per share for the first quarter of this year. That dividend, approved Wednesday by the board of directors, will be payable on or about April 22 to all shareholders as of April 8, according to a statement. “The company’s …

A credit union for people who work in education has bought a building in downtown San Bernardino that will serve as its headquarters. Thinkwise Credit Union paid $2.25 million for the vacant structure at 599 N. E St., according to a statement.  Avison Young Los Angeles represented Thinkwise Credit Union …

David A. Brager has been named the next chief executive officer of Ontario-based CVB Financial Corp. Currently the company’s executive vice president-sales division manager, Brager will take over March 16, the day President and Chief Executive Officer Christopher D. Myers is scheduled to retire, according to a statement. Brager is …

Ontario-based CVB Financial Corp. has been named the top bank in the United States by Forbes. The magazine used ten metrics related to credit quality, growth, and profitability to rank the 100 of the largest publicly-traded banks in the country, regardless of size, according to a statement. This was the …

Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, reported net income of $51.3 million for the quarter that ended December 31, 2019, compared with $43.2 million for the fourth quarter of 2018.  Earnings per share were 37 cents, up from 31 cents year over year, according to …

The planned Cheech Marin Center for Chicano Art, Culture & Industry has received a $750,000 grant from the Bank of America. The donation is the largest ever given by Bank of America to any organization in the Inland Empire, according to a statement. Better known as “The Cheech,” the museum …