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Tag Archives: banking

CVB Financial reports solid quarter

cash dividend

CVB Financial Corp. in Ontario has announced a 20-cent-per-share dividend for the second quarter of 2023. The dividend will be payable on or about July 20 to all shareholders of record as of July 6, according to a statement. Board members approved the payment earlier this month. This is the …

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CVB Financial reports sold first quarter

CVB Financial reports earnings drop

CVB Financial Corp. reported net income of $59.3 million for the first quarter of 2023, down from $66.2 million for the fourth quarter of 2022 but up from $45.6 million year-over-year, according to data released last week. The Ontario-based financial institution also reported earnings of 42 cents per share for …

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CVB Financial ranked among top pubic banks

CVB Financial Corp. in Ontario has been ranked the third-best public bank in the United States by S&P Global Market Intelligence. That list, which S&P Global released recently, ranked the performance of U.S. public banks with assets of $10 billion or more in 2022, according to a statement. Besides its …

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CVB Financial again named top U.S. bank

CVB Financial Corp. in Ontario has again been named the best bank in the United States by Forbes magazine. The holding company for Citizens Business Bank has achieved that ranking on Forbes’ Best Banks in America list four times in the past eight years, according to a statement on CVB …

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OC bank starts homeowners division

Newport Beach-based Genesis Bank has opened a homeowners association banking division. The division will serve property management companies, homeowners associations, condo associations, and their boards of directors, according to a statement. It will provide online and mobile banking, treasury management, lockboxes, payment processing and depository, and fraud protection. “Genesis Bank …

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Another solid quarter for CVB Financial

cash dividend

CVB Financial Corp. has announced a dividend of 20 cents per share for the fourth quarter, which will end Dec. 31. This is the 133rd consecutive quarter the Ontario-based financial institution will distribute a profit to its shareholders, according to a statement on the company’s website. The dividend was approved …

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