CVB Financial Corp. in Ontario has been ranked the third-best public bank in the United States by S&P Global Market Intelligence.
That list, which S&P Global released recently, ranked the performance of U.S. public banks with assets of $10 billion or more in 2022, according to a statement.
Besides its number-three ranking, CVB Financial was the only bank in the top 50 to score better than the industry median in all seven metrics used to determine the rankings.
CVB Financial is the parent company of Ontario-based Citizens Business Bank.
“It is a great honor to be recognized by S&P Global Market Intelligence as one of the top three banks in the country,” said David A. Brager, president, and chief executive officer of CVB Financial Corp., the parent company of Citizens Business Bank.
“Citizens Business Bank continues to be a reliable business partner to our customers, providing a wide array of financial services through various economic cycles.”
S&P Global Market is a publicly traded company in New York City that specializes in financial information and analytics.
Public bank? April fools ? Lol