American Business Bank has begun a stock repurchase program that will take one year to complete. The program began Sept. 3 and is scheduled to be concluded Aug. 27, 2026, according to a bank statement. Approved by the bank’s board of directors, the repurchase can’t exceed $11.25 million. It will …
Read More »Bank adds third Inland office
American Business Bank has opened a loan production office inn Riverside. The office at 3801 University Ave., “marks a significant expansion of American Business Bank’s footprint across Southern California,” according to a statement released by the Los Angeles-based financial institution. It will provide multiple services, including business loans, lines of …
Read More »CVB Financial reports another good quarter
CVB Financial Corp. in Ontario has announced net income of $50.6 million for the quarter that ended June 3, compared with $51.1 million for the first quarter and $50.0 million year-over-year. Earnings per share were 36 cents in the second quarter, same as the first quarter and the second quarter …
Read More »CVB Financial reports another sold quarter
Ontario-based CVB Financial Corp. recorded a 20-cent-per-share dividend for the second quarter, the financial institution’s 143rd consecutive quarter with a cash dividend. That dividend was approved by CVB’s board of directors on June 25, and will be payable on or about July 24 to all shareholders of record as of July …
Read More »CVB Financial scores another solid quarter
CVB Financial Corp. has reported net income of $51.1 million for the quarter that ended March 31, a slight increase compared with the fourth quarter of 2024, and up from $48.6 million for the first quarter of 2024. The holding company of Citizens Business Bank has now had 192 consecutive …
Read More »CVB Financial posts solid first quarter
CVB Financial Corp. in Ontario has reported net income of $51.1 million for the first quarter of this year, essentially unchanged from the fourth quarter of 2024 but up $2.5 million year-over-year. Earnings per share were 36 cents for the first quarter, unchanged from the last quarter of 2024 and …
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IE Business Daily Business news for the Inland Empire.