Tag Archives: Banking Reports

The Coronavirus pandemic has put a dent into CVB Financial Corp. The Ontario-based entity that is the parent company of Citizens Business Bank reported net income of $38 million for the first quarter of this year, down from $51.6 million from the first quarter of 2019, according to data released …

CVB Financial Corp., the holding company for Citizens Business Bank, is donating $355,900 to community organizations, mostly in response to the COVID-19 outbreak. The donations, which are being distributed now, will support food banks, economic development, and affordable housing in Southern and Central California, according to a statement. “We have …

CVB Financial Corp. will release its financial results for the first quarter, which ended March 31, later this month. The Ontario-based holding company for Citizens Business Bank, is scheduled to make the announcement on April 22, immediately after the market closes, according to a statement. The following day, management will …

CVB Financial Corp., the holding company for Citizens Business Bank, is temporarily suspending its stock repurchasing program. The uncertainty created by the Coronavirus outbreak has created too much uncertainty, locally and around the world, to proceed with the plan, Chief Executive Officer David E. Brager said in a statement. CVB …

Ontario-based CVB Financial has announced a cash dividend of 18 cents per share for the first quarter of this year. That dividend, approved Wednesday by the board of directors, will be payable on or about April 22 to all shareholders as of April 8, according to a statement. “The company’s …

A credit union for people who work in education has bought a building in downtown San Bernardino that will serve as its headquarters. Thinkwise Credit Union paid $2.25 million for the vacant structure at 599 N. E St., according to a statement.  Avison Young Los Angeles represented Thinkwise Credit Union …