Banking Reports

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 …

American Business Bank has declared a 25-cent-per-share dividend for the quarter that ended Sept. 30. That dividend is expected to be paid Dec. 16, to shareholders of record as of Nov. 10, according to a statement released by the bank. American Business Bank also announced earnings of $14.3 million for …