CVB Financial Corp., the holding company of Citizens Business Bank, has announced a cash dividend of 20 cents per share for the second quarter of 2026. The dividend, approved by the board of directors June 24, marks the 147th consecutive month that CVB Financial has produced a cash dividend for …
Read More »CVB Financial to conduct stock repurchase
Ontario-based CVB Financial Corp., the holding company of Citizens Business Bank, will repurchase 15 million shares of its own common stock. Several buy-back arrangements will be used, including private transactions and open-market purchases, according to statement on the bank’s website. This repurchase replaces one done by CVB Financial in 2024, …
Read More »CVB Financial, CBB make board changes
George A. Borba Jr. has been named chairman of the board of CVB Financial Corp. and Citizens Business Bank. Borba has been director and vice chairman of both boards since 2012, according to statement on Citizens Business Bank’s website. He replaces Hal W. Oswalt, who has stepped down as chairman …
Read More »Anderson promoted to president of BofA Inland Empire
Sherri Anderson has been named president of Bank of America Inland Empire. A Riverside native with 25 years experience in financial services, Anderson will assist clients and oversee the bank’s efforts to expand throughout Riverside and Bernardino counties, according to a statement. “Throughout her career with Bank of America, Sherri …
Read More »Another quarterly dividend for CVB Financial
Ontario-based CVB Financial Corp. has announced a 20-cent-per-share dividend for the fourth quarter. That marked the 141st consecutive quarter that CVB Financial, the holding company of Citizens Business Bank, had paid a dividend to its shareholders, according to the financial institution’s most recent quarterly report. The quarterly dividend will be …
Read More »CVB Financial records another profitable quarter
CVB Financial Corp. is reporting an 18 cents per share cash dividend for the third quarter. The dividend, announced Wednesday, was approved at the company’s board of directors meeting Wednesday, according to a statement on CVB Financial’s website. It will be payable to shareholders of record as of October 6. …
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IE Business Daily Business news for the Inland Empire.