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Tag Archives: banking

American Business Bank reports stock dividend

Cal State University San Bernardino receives grant money

American Business Bank has declared a 10-cent stock dividend per common share. The dividend is payable July 22 to all shareholders of record at the close of business June 23, according to a statement. “We are pleased to announce the distribution of this stock dividend to our shareholders,” said Leon …

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U.S. Bank branch sells

building sold

A Rancho Cucamonga building that is home to a U.S. Bank branch office has been sold for $3.2 million. Progressive Real Estate Partners in Rancho Cucamonga represented both parties in the all-cash transaction, according to a statement released today. The seller is a private investor in Santa Barbara County, the …

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CVB Financial bounces back

CVB Financial Corp. reported net earnings of $63.9 million for the first quarter of 2021, up from $50 million in the fourth quarter of 2010. That was up from $38 million in the first quarter of 2020, when the economic fallout from COVID-19 began, the Ontario-based financial institution said in …

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CVB Financial has another strong quarter

Money Growth Chart

Ontario-based CVB Financial Corp., holding company of Citizens Business Bank, has announced an 18-cent per share dividend for the first quarter of this year. Board members approved the dividend earlier this month, according to a statement on the financial institution’s website. The dividend will be payable on April 14 to …

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CVB Financial named top bank in U.S.

CVB Financial Corp, the holding company for Citizens Business Bank, has earned the ranking of “Best Bank in America” for the second consecutive year, according to Forbes’ America’s Best Banks 2021. In establishing its ratings, Forbes looked at ten metrics – including credit quality, growth, and profitability – of the 100 …

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Cash Flow Options When Collateral is Tied Up

Solve Capital Group

For creditworthy business owners, a Small Business Administration (SBA) 504c loan or SBA 7-a loan is typically the first go-to solution when working capital is needed. Alternatively or additionally, one might apply for a line of credit. These are great secured financing tools to help businesses get working capital – …

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