Banking Reports

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 …

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, …

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 …

CVB Financial Corp. in Ontario, the holding company of Citizens Business Bank, has been ranked second among the large U.S. banks based on deposit franchise. S&P Global Market Intelligence studied 140 banks and thrifts with more than $10 billion in assets as of December 31, and from that ranked the …

Ontario-based CVB Financial Corp., the parent company of Citizens Business Bank, has completed its merger with Heritage Commerce Corp., a community business bank based in San Jose. The transaction became official April 17, shortly after it received final approval from the Federal Reserve and the Office of the Comptroller of …

CVB Financial Corp. in Ontario has received the regulatory approval needed for its merger with Heritage Commercial Corp., a San Jose-based holding company. The Federal Reserve and the Office of the Comptroller of the Currency have both signed off on the transaction, which was approved by the shareholders of both …