America Business Bank has approved its third stock repurchase program in the past year. The plan, approved by ABB’s board of directors Sept. 1, allows the bank to buy back up to $21 million of its common stock, according to a statement on ABB’s website. That amounts to approximately 288,555 …
Read More »Orrick named bank’s executive VP
Everett Orrick has been named executive vice president and market resident for the Inland Empire by Dallas-based Sunflower Bank. Orrick is in charge of Sunflower’s commercial and industrial strategy in Riverside and San Bernardino counties, delivering financing solutions to business clients, according to a statement released by the bank. Orrick, …
Read More »Solid second quarter for CVB Financial
Ontario-based CVB Financial Corp. posted net earnings of $48.3 million during the quarter that ended June 30. That compared with $51 million for the first quarter of 2026, and $50.6 million for the second quarter of 2025, the holding company of Citizens Business Bank reported. Earnings per share were 29 …
Read More »CVB Financial posts another quarterly divided
CVB Financial Corp., the holding company of Citizens Business Bank, has announced a cash dividend of 20 cents per share for the second quarter of 2026. The dividend, approved by the board of directors June 24, marks the 147th consecutive month that CVB Financial has produced a cash dividend for …
Read More »CVB Financial to conduct stock repurchase
Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, will repurchase 15 million shares of its own common stock. Several buy-back arrangements will be used, including private transactions and open-market purchases, according to statement on the bank’s website. This repurchase replaces one done by CVB Financial in 2024, …
Read More »CVB Financial, CBB make board changes
George A. Borba Jr. has been named chairman of the board of CVB Financial Corp. and Citizens Business Bank. Borba has been director and vice chairman of both boards since 2012, according to statement on Citizens Business Bank’s website. He replaces Hal W. Oswalt, who has stepped down as chairman …
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IE Business Daily Business news for the Inland Empire.