Wednesday , July 28 2021

Banking Reports

U.S. Bank branch sells

A Rancho Cucamonga building that is home to a U.S. Bank branch office has been sold for $3.2 million. Progressive Real Estate Partners in Rancho Cucamonga represented both parties in the all-cash transaction, according to a statement released today. The seller is a private investor in Santa Barbara County, the …

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CVB Financial bounces back

CVB Financial Corp. reported net earnings of $63.9 million for the first quarter of 2021, up from $50 million in the fourth quarter of 2010. That was up from $38 million in the first quarter of 2020, when the economic fallout from COVID-19 began, the Ontario-based financial institution said in …

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CVB Financial named top bank in U.S.

CVB Financial Corp, the holding company for Citizens Business Bank, has earned the ranking of “Best Bank in America” for the second consecutive year, according to Forbes’ America’s Best Banks 2021. In establishing its ratings, Forbes looked at ten metrics – including credit quality, growth, and profitability – of the 100 …

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