Banking Reports

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 …

CVB Financial Corp. has announced net income of $51.2 million for the quarter ended September 30, 2024. That was up $50 million during the second quarter of this year, but down $6.7 million year-over-year, the Ontario-based financial institution reported Nov. 1. Earnings per share were 37 cents for the third …

Ontario-based CVB Financial Corp. has reported a 20-cent dividend for the third quarter of this year. The holding company of Citizens Business Bank has now paid a cash dividend to its shareholders for 140 consecutive quarters, according to a statement posted Sept. 17 on the financial institution’s website. The third-quarter …