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CVB Financial finishes 2021 strong

CVB Financial Corp. the holding company for Citizens Business Bank, had net income of $47.7 million for the fourth quarter of 2021, compared with $49.8 million for the third quarter of 2021 and $50.1 million for the fourth quarter of 2020. Earnings per share were 35 cents for the fourth …

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CBB completes merger with Suncrest Bank

Riverside County’s redistricting public hearing

Ontario-based Citizens Business Bank has completed its merger with Suncrest Bank in Visalia. The merger, which received state and federal regulatory approval in November, became official Friday, according to a statement released Friday by CVB Financial Corp., Citizens Business Bank’s holding company. The stock and cash transaction is valued at …

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CVB Financial announces 129th straight dividend

cash dividend

CVB Financial Corp., in Ontario has announced an 18-cent per share dividend for the fourth quarter of this year. That dividend, approved by the board of directors last week, will be payable to shareholders of record as of Dec. 29, according to a statement on CVB Financial’s website. Payments will …

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CVB Financial gets green light to acquire Suncrest Bank

Ontario-based CVB Financial Corp. has received federal and state approval for its acquisition of Suncrest Bank in Visalia. While several closing conditions remain, the regulatory approval by the Federal Deposit Insurance Corp. and the California Department of Financial Protection and Innovation means both financial institutions will likely merge on or …

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CVB Financial reports nearly $50 million in profits

CVB Financial reports nearly $50 million in assets CVB Financial Corp., the parent company of Citizens Business Bank, has reported a net income of $49.8 million for the quarter that ended Sept. 30. That was a slight decline from the second quarter [$51.2 million] and a slight increase from the …

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