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Tag Archives: Banking Reports

CVB Financial announces 120th straight cash dividend

CVB Financial Corp., the parent company of Citizens Business Bank, has announced 18 cents per share cash dividend for the third quarter. The Ontario-based financial institution has paid a cash dividend to its shareholders for 120 consecutive quarters, according to a statement.  The dividend was approved Wednesday at the regular …

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Christopher Myers is stepping down as the head of CVB Financial Corp.

Myers, who has run the Ontario-based financial institution for 13 years, is going out on top, with a glimmering record and several major accomplishments to his credit. He says it’s time to let someone else have the job, so he will retire next spring. By any standard, Christopher Myers has …

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CVB Financial changes repurchase plan

CVB Financial Corp., the holding company for Citizens Business Bank, has changed its repurchase plan agreement. The Ontario-based company’s board of directors has increased the number of common stock shares subject to repurchase from six million to 9,577,917 shares, according to a statement. That voids the repurchase that went into place …

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CVB Financial has record quarter

CVB Financial Corp. reported net earnings of $54.5 million for the quarter ending June 30, up from $35.4 million year over year, according to a statement. The Ontario-based financial institution also reported earnings per share of 39 cents, five cents more than it reported for the second quarter of 2018. …

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CVB Financial announces cash dividend

Ontario-based CVB Financial Corp. has announced an 18-cent-per-share cash dividend for the second quarter of this year. This is the 119th consecutive quarter the Ontario-based financial institution will have approved a cash dividend for its shareholders, according to a statement. This dividend will be payable on or about July 18 …

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CVB Financial Corp. wins award

Ontario-based CVB Financial Corp  has been named winner of the Spotlight Deal of the Year Award for its purchase of Pasadena-based Community Bank. The transaction, valued at approximately $903 million, was the largest in CVB’s history and one of the ten largest bank merger and acquisition deals in the country …

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