Tuesday , May 30 2023
Breaking News

Banking Reports

Credit union to move within San Bernardino

A credit union for people who work in education has bought a building in downtown San Bernardino that will serve as its headquarters. Thinkwise Credit Union paid $2.25 million for the vacant structure at 599 N. E St., according to a statement.  Avison Young Los Angeles represented Thinkwise Credit Union …

Read More »

Brager named CEO of CVB Financial Corp.

David A. Brager has been named the next chief executive officer of Ontario-based CVB Financial Corp. Currently the company’s executive vice president-sales division manager, Brager will take over March 16, the day President and Chief Executive Officer Christopher D. Myers is scheduled to retire, according to a statement. Brager is …

Read More »

CVB Financial named top bank in U.S.

Ontario-based CVB Financial Corp. has been named the top bank in the United States by Forbes. The magazine used ten metrics related to credit quality, growth, and profitability to rank the 100 of the largest publicly-traded banks in the country, regardless of size, according to a statement. This was the …

Read More »

CVB Financial announces fourth quarter earnings

Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, reported net income of $51.3 million for the quarter that ended December 31, 2019, compared with $43.2 million for the fourth quarter of 2018.  Earnings per share were 37 cents, up from 31 cents year over year, according to …

Read More »

“The Cheech” gets boost from BofA

The planned Cheech Marin Center for Chicano Art, Culture & Industry has received a $750,000 grant from the Bank of America. The donation is the largest ever given by Bank of America to any organization in the Inland Empire, according to a statement. Better known as “The Cheech,” the museum …

Read More »

Another solid quarter for CVB Financial

CVB Financial Corp. in Ontario has announced an eighteen-cent-per-share cash dividend for the fourth quarter. The dividend was approved by the board of directors Thursday, and will be payable on or about Jan. 17 to all shareholders of record as of Jan. 3, according to a statement. This is the …

Read More »