Banking Reports

Ontario-based CVB Financial Corp. has announced a 12-cent-per-share cash dividend for the fourth quarter of 2016. That dividend was approved at the company’s regularly scheduled board of directors meeting, according to a statement. It will be paid late January to shareholders of record as of Jan. 6. This marks the …

Inland Empire credit unions loaned more than $1.7 billion within the local community during the third quarter, a 12 percent year-over-year increase, according to the California and Nevada Credit Union League. That was the highest amount loaned by local credit unions since 2010, as well as a 57 percent increase …

CVB Financial Corp., the holding company of Citizens Business Bank, reported net income of $25.4 million for the third quarter, a drop of $2.5 million from the third quarter of 2015, the company has announced. Earnings per share for this year’s third quarter was 23 cents. That was the same …

CVB Financial Corp., the holding company of Ontario-based Citizens Business Bank, has completed a merger with Valley Commerce Bancorp in Tulare County. In exchange for all of Valley Commerce’s common stock and options, CVB will pay $23.4 million in cash and more than 1.9 million shares of CVB stock, according …

CVB Financial Corp., the holding company for Ontario-based Citizens Business Bank, has announced a stock dividend of twelve cents per share for the third quarter. That move was approved by the company’s board of directors at its regular meeting Wednesday, according to a statement released Thursday. The dividend will be …

Commerce Bank of Temecula Valley and AltaPacific Bancorp in Santa Rosa will merge. AltaPacifica will acquire Commerce Bank for approximately $15.9 million in cash and stock, creating a financial institution with approximately $430 million in assets, according to a statement. When the merger is complete, the Commerce Bank branch will …