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Citizens Business Bank ranked among top US banks

Bank donation will help fire victims

Citizens Business Bank has been named one of best banks in the United States by Forbes magazine. The Ontario-based financial institution has made the publication’s list of top banks nine times in the last 10 years, according to a statement released Feb. 5 by CVB Financial, the bank’s holding company. …

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Bank donation will help fire victims

Bank donation will help fire victims

Ontario-based Citizens Business Bank has donated $200,000 to help victims of the Los Angeles fires. The donations will go to four organizations in Los Angeles County, with each receiving $50,000, according to a statement on the airport’s website. The four recipients are the Foothill Unity Center, Union Station Homeless Services, …

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CVB Financial posts another profitable quarter

CVB Financial posts another solid quarter

Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, has reported net earnings of $50.9 million for the fourth quarter of 2024. That was down slightly from the third quarter – $51.2 million – but above the $48.5 million in earnings the company posted one year earlier, according …

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ABB to hold stock repurchase

ABB to hold stock repurchase

American Business Bank has announced a stock repurchase program, the first in its history. The bank’s board of directors has approved a buyback of up to 227,541 shares, or 2.5 percent, of its issued and outstanding common stock, according to a statement. The shares may be repurchased in the open …

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Bank reports nearly $11 million in net income

cash dividend

American Business Bank has announced net income of $10.8 million – $1.16 per share – for the quarter ending September 30. The bank reported $9.5 million in net income, or $1.02 per share, for the quarter that ended June 30, compared with $10.2 million, or $1.10 per share, exactly one …

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CVB Financial records another profitable quarter

CVB Financial posts another solid quarter

CVB Financial Corp. has announced net income of $51.2 million for the quarter ended September 30, 2024. That was up $50 million during the second quarter of this year, but down $6.7 million year-over-year, the Ontario-based financial institution reported Nov. 1. Earnings per share were 37 cents for the third …

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