Banking Reports

Raymond V. O’Brien III has resigned as board chairman of CVB Financial Corp. and Citizens Business Bank, its principal subsidiary. O’Brien stepped down May 18, according to a statement released by Ontario-based Citizens Business Bank. Hal W. Oswalt, has assumed both chairmanships. A director on both boards since 2014, Oswalt …

FirstBank, one of the largest privately held financial institutions in the United States, has been named bank partner of the Coachella Valley Firebirds, the minor league hockey team scheduled to begin play this fall. The Lakewood, Colo.-based bank has also been named bank partner and presenting sponsor of Acrisure Arena, …

CVB Financial Corp. reported net earnings of $45.6 million – 31 cents per share – during the first quarter, according to data released today. That was down from $47.7 million in earnings from the fourth quarter of 2021, and down from $63.9 million year-over-year, the Ontario financial institution reported. Loans …

American Business Bank has been ranked among the top 50 community banks by S&P Global Market Intelligence. The San Diego-based bank, which does much business in the Inland Empire, is one of 10 California banks that made last year’s top 50 list, the most of any state. Banks with $3 …

CVB Financial Corp. in Ontario has announced a cash dividend of 18 cents per share for the first quarter of 2022. That dividend was approved Wednesday by CVB’s board of directors and will be payable on or about April 20 to shareholders of record on April 6, according to a …

Citizens Business Bank has again been listed by Forbes among the best banks in the United States. The Ontario-based bank ranked fourth on Forbes’ list of the 100 largest publicly traded banks nationwide, based on asset size, according CVB Financial Corp., the bank’s holding company. This is the sixth time …