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CVB Financial releases second quarter earnings

Money Growth Chart

Ontario-bases CVB Financial Corp., and its subsidiary, Citizens Business Bank, have announced a net income of $51.2 million for the quarter that ended June 30. That was compared to $63.9 million and $41.6 million for the second quarter of 2020, according to a statement. Earnings per share were 38 cents …

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American Business Bank reports stock dividend

Cal State University San Bernardino receives grant money

American Business Bank has declared a 10-cent stock dividend per common share. The dividend is payable July 22 to all shareholders of record at the close of business June 23, according to a statement. “We are pleased to announce the distribution of this stock dividend to our shareholders,” said Leon …

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U.S. Bank branch sells

building sold

A Rancho Cucamonga building that is home to a U.S. Bank branch office has been sold for $3.2 million. Progressive Real Estate Partners in Rancho Cucamonga represented both parties in the all-cash transaction, according to a statement released today. The seller is a private investor in Santa Barbara County, the …

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CVB Financial bounces back

CVB Financial Corp. reported net earnings of $63.9 million for the first quarter of 2021, up from $50 million in the fourth quarter of 2010. That was up from $38 million in the first quarter of 2020, when the economic fallout from COVID-19 began, the Ontario-based financial institution said in …

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CVB Financial has another strong quarter

Money Growth Chart

Ontario-based CVB Financial Corp., holding company of Citizens Business Bank, has announced an 18-cent per share dividend for the first quarter of this year. Board members approved the dividend earlier this month, according to a statement on the financial institution’s website. The dividend will be payable on April 14 to …

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