Tag Archives: Banking Reports

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 …

Ontario-based CVB Financial Corp., reported net income of $51.6 million for the first quarter, an increase of $16.7 million year-over-year. Earnings per share were 37 cents for the first quarter compared to 32 cents per share for the same period in 2018, according to a statement. “Our results this quarter …

Ontario-based CVB Financial Corp., the  parent company of Citizens Business Bank, will announce its first-quarter results later this month. Management will hold a conference call at 7:30 a.m. Pacific time April 25 to discuss those results, according to a statement. The conference call can be reached via (877) 506-3368. A …

Ontario-based CVB Financial Corp. has announced an 18-cent-per-share cash dividend for the first quarter of 2019. That dividend, which was approved by CVB Financial’s board of directors last week, will be the 118th consecutive dividend paid by the financial institution to its shareholders, according to a statement. Shareholders of record …

Credit unions continued to grow in the Inland Empire last year, according to data. About 23,000 people joined an Inland-based credit union between the third quarter of 2017 and the third quarter of 2018, the most recent data available, the Ontario-based California Credit Union League reported. Twenty two credit unions …

CVB Financial Corp., the parent company of Citizens Business Bank, has reported net income of $43.2 million for the quarter that ended Dec. 31. That was a substantial improvement compared with the fourth quarter of 2017, when the Ontario-based financial institution posted net income of just under $18 million, according …