Banking Reports

CVB Financial Corp. in Ontario has again been named one of the best banks in the United States by Forbes Magazine. The holding company for Citizens Business Bank ranked 28th on the publication’s 2026 list of the country’s top financial service companies, according to a statement on CVB Financial’s website. This …

Ontario-based CVB Financial Corp. enjoyed a strong finish to 2025. The holding company of Citizens Business Bank reported net income of $55.0 million for the fourth quarter of 2025, up from $52.6 million in the third quarter and $50.9 million year-over-year, according to a statement on CVB Financials’ website. Earnings …

Sherri Anderson has been named president of Bank of America Inland Empire. A Riverside native with 25 years experience in financial services, Anderson will assist clients and oversee the bank’s efforts to expand throughout Riverside and Bernardino counties, according to a statement. “Throughout her career with Bank of America, Sherri …

Ontario-based CVB Financial Corp. the holding company of Citizens Business Bank, will merge with Heritage Commerce Corp., a community business bank based in San Jose. The agreement, announced Dec. 17, calls for both financial institutions to merge in an all-stock transaction worth $811 million, according to a statement released by …

Citizens Business Bank has opened a loan production office in Temecula. The workplace at 41877 Enterprise Circle opened Oct. 2 and employs four people, according to Leonard Barbosa, vice president with CBB and the office’s manager. The office serves Temecula and Murrieta. “This expansion strengthens our presence in the growing …

CVB Financial Corp. has reported $52.6 million in earnings for the third quarter, up from $50.6 million from the second quarter of 2025 and $51.2 million year-over-year, the Ontario-based financial institution reported. Earnings per share were 38 cents for the quarter that ended Sept. 30, compared with 37 cents for …