Banking Reports

CVB Financial Corp. has been named one the largest U.S. banks based on deposit franchise. The Ontario-based financial institution ranked second out of 149 banks and thrifts with total assets of more than $10 billion, according to a statement on CVB Financials’ website. Deposit franchise measures a bank’s ability to …

Ontario-based CVB Financial has announced a 25-cent-per-share dividend for the third quarter. The dividend, approved by CVB’s board of directors Sept. 17, will be available on or about Oct. 16 to shareholders of record on Oct. 1, according to a statement on the financial institutions’ website. This is the144th consecutive quarter …

American Business Bank has begun a stock repurchase program that will take one year to complete. The program began Sept. 3 and is scheduled to be concluded Aug. 27, 2026, according to a bank statement. Approved by the bank’s board of directors, the repurchase can’t exceed $11.25 million. It will …

American Business Bank has opened a loan production office inn Riverside. The office at 3801 University Ave., “marks a significant expansion of American Business Bank’s footprint across Southern California,” according to a statement released by the Los Angeles-based financial institution. It will provide multiple services, including business loans, lines of …

CVB Financial Corp. in Ontario has announced net income of $50.6 million for the quarter that ended June 3, compared with $51.1 million for the first quarter and $50.0 million year-over-year. Earnings per share were 36 cents in the second quarter, same as the first quarter and the second quarter …

Ontario-based CVB Financial Corp. recorded a 20-cent-per-share dividend for the second quarter, the financial institution’s 143rd consecutive quarter with a cash dividend. That dividend was approved by CVB’s board of directors on June 25, and will be payable on or about July 24 to all shareholders of record as of July …