Tuesday , June 18 2024

Tag Archives: Banking Reports

CVB Financial has solid quarter

Citizens Business Bank Posts Profits

CVB Financial Corp. enjoyed a strong third quarter, with net earnings and diluted shares at near-record levels. The Ontario-based financial institution, the holding company of Citizens Business Bank, reported earnings of $27.9 million for quarter that ended Sept. 30, according to the company’s third quarter report, which was released Wednesday. …

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Merger gets local bank into Ventura, Santa Barbara markets

Citizens Business Bank Posts Profits

Ontario-based Citizens Business Bank is making a strong move into Ventura County. CVB Financial Corp., the bank’s holding company, and County Commerce Bank in Oxnard have merged, according to a statement released Wednesday by both financial institutions. Under the agreement County Commerce Bank will merge into Citizens Business Bank. CVB …

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Riverside financial institution sold

Security Bank Takes Over Inland Empire Bank

Security California Bancorp, holding company of Security Bank of California in Riverside, has been sold. Irvine-based Pacific Premier Bancorp Inc. announced last week that it has reached an agreement to buy Security Bank for an undisclosed sum, according to a statement. Security Bank, a state-chartered financial institution, had $733.6 million …

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Cash dividend announced

Citizens Business Bank Posts Profits

CVB Financial Corp., the holding company for Ontario-based Citizens Business Bank, has announced a 12-cents-per-share dividend for the third quarter. That dividend was approved by the company’s board of directors Tuesday and will be paid on or about Oct. 22 of next month, according to a statement. That marks the …

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Inland financial institution is recognized

Citizens Business Bank Posts Profits

CVB Financial Corp. the holding company for Ontario-based Citizens Business Bank, has been named one of the most trustworthy mid-cap banks in the United States for the first quarter of 2015 by Forbes magazine. The list of the 50 most trustworthy financial companies is based on accounting and governance practices, …

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Inland bank earns national recognition

Citizens Business Bank Posts Profits

Citizens Business Bank has been ranked among the country’s top banks in its size group by a national publication. For the second consecutive year, Bank Director magazine placed the Ontario-based financial institution among the top five U.S. banks with assets of $5 billion to $50 billion, according to a statement …

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