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. …
Read More »CVB Financial has new repurchase plan
CVB Financial Corp. the holding company for Citizens Business Bank is starting a new stock repurchase plan. The plan allows for a maximum of 4,585,145 shares of CVB Financial’s common stock to be repurchased by the company between Nov. 6 of this year and Nov. 5, 2021, according to a …
Read More »CBB to make food bank donation
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 …
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IE Business Daily Business news for the Inland Empire.