Banking Reports

Citizens Business Bank has been named one of best banks in the United States by Forbes magazine. The Ontario-based financial institution has made the publication’s list of top banks nine times in the last 10 years, according to a statement released Feb. 5 by CVB Financial, the bank’s holding company. …

Ontario-based Citizens Business Bank has donated $200,000 to help victims of the Los Angeles fires. The donations will go to four organizations in Los Angeles County, with each receiving $50,000, according to a statement on the airport’s website. The four recipients are the Foothill Unity Center, Union Station Homeless Services, …

Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, has reported net earnings of $50.9 million for the fourth quarter of 2024. That was down slightly from the third quarter – $51.2 million – but above the $48.5 million in earnings the company posted one year earlier, according …

American Business Bank has announced a stock repurchase program, the first in its history. The bank’s board of directors has approved a buyback of up to 227,541 shares, or 2.5 percent, of its issued and outstanding common stock, according to a statement. The shares may be repurchased in the open …

Ontario-based CVB Financial Corp. has announced a 20-cent-per-share dividend for the fourth quarter. That marked the 141st consecutive quarter that CVB Financial, the holding company of Citizens Business Bank, had paid a dividend to its shareholders, according to the financial institution’s most recent quarterly report. The quarterly dividend will be …

American Business Bank has announced net income of $10.8 million – $1.16 per share – for the quarter ending September 30. The bank reported $9.5 million in net income, or $1.02 per share, for the quarter that ended June 30, compared with $10.2 million, or $1.10 per share, exactly one …