IE Business Daily Business news for the Inland Empire.
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 since 2016 that Forbes has listed Citizens Business Bank among its top four U.S. banks.
“We are honored to attain such a prominent ranking on the Forbes “Best Banks” list,” said David Brager, president and chief executive officer of Citizens Business Bank, in the statement. “Our bank displayed top-level performance metrics again this past year, including achieving the highest annual earnings in our history.”
To determine its rankings, Forbes reviews and compares ten metrics related to credit quality, growth, and profitability for the 100 largest publicly-traded banks and thrifts in the United States, according to the statement.
