Banking Reports

Ontario-based Citizens Business Bank will donate $50,000 to food banks in Southern California, including the Inland Empire, and the Central Valley. The donations normally support the bank’s annual award celebration and holiday party, but this year they’ll be helping food banks during COVID-19, according to a statement. “As a result …

CVB Financial Corp. reported a net income of $47.5 million for the third quarter of this year, a drop of nearly $3 million year-over-year, according to data released Thursday. Earnings per share were 35 cents, essentially unchanged from the third quarter of 2019, the Ontario-based financial institution reported. The quarter …

CVB Financial Corp., the holding company for Citizens Business Bank, will release its third quarter financial results Oct. 21. Management will hold a conference call at 7:30 a.m. local time the next day to discuss those results, according to a statement. CVB Financial recently announced its 124th consecutive cash dividend …

Ontario-based CVB Financial Corp. has recorded its 124th consecutive quarter with a cash dividend. The 18-cent dividend for the third quarter was approved by the board of directors Sept. 23 and will be payable on or about Oct. 21, according to a statement. All shareholders of record as of Oct. …

Chaffey Federal Credit Union has provided 84 of its members with Paycheck Protection Loans worth a total of $3.05 million. “CFCU is pleased that we have been able to help dozens of small businesses in our community to secure PPP loans,” said Kevin Posey, Chaffey Federal’s chief executive officer, in …

Ontario-based CVB Financial Corp., the holding company for Citizens Business Bank, reported a net income of $41.6 million for the quarter ended that ended June 30. That was an improvement from the second quarter of 2019 when the company’s net income was $38 million, but a significant drop from the …