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Tag Archives: Banking Reports

CVB Financial records another cash dividend

Ontario-based CVB Financial Corp. has announced a 14-cent-per-share cash dividend for the second quarter of 2018. The dividend, approved by CVB’s board of directors, will be payable around July 19 to shareholders of record as of July 5, according to a statement. CVB Financial has now paid a cash dividend …

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Credit union gives boost to “The Cheech”

Altura Credit Union in Riverside has pledged $600,000 to the planned Cheech Marin Center for Chicano Art, Culture and Industry, which will be located at the Riverside Art Museum. Marin thanked credit union officials for the pledge during a recent visit to downtown Riverside, according to a statement. More than …

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Local credit unions stay strong

Inland Empire-based credit unions loaned an estimate $2 billion during the fourth quarter of 2017, a 12 percent year-over-over increase, according to data. Total deposits in Inland-based credit unions reached a record $3 billion, the Ontario-based California Credit Union League reported in its fourth quarter analysis of the Inland region. …

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CVB Financial has best quarter ever

Inland Empire Financial Earnings

CVB Financial Corp. scored record quarterly earnings during the first quarter of this year. The parent company of Citizens Business Bank reported a net income of $34.9 million for the three-month period that ended March 31, up from $28.5 million in the first quarter of 2017, according to a statement …

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Another positive quarter for CVB Financial

CVB Financial Corp. has announced a 14-cent per share cash dividend for the first quarter. The dividend, which was approved by the board of directors at its regular meeting Wednesday, will be payable on or about April 19, according to a statement. All shareholders of record as April 5 will …

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CVB Financial announces merger

CVB Financial Corp. in Ontario, the parent company of Citizens Business Bank, has agreed to purchase Pasadena-based Community Bank for an estimated $878.3 million in cash and stock. The merger was based on CVB Financial’s closing stock price of $23.37 per share on Friday, according to a statement. CVB Financial’s …

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