Citizens Business Bank hits all-time highs for earnings
CVB Financial Corp., parent company for Citizens Business Bank, reported all-time highs in fourth quarter and year end earnings for 2017 on Jan. 24. The company’s net earnings for the fourth quarter were $17.9 million, or 16 cents per share, compared to $29.7 million for the third quarter. Its full year net earnings for 2017 Read More →
Read More →Citizens Business Bank reports higher net income
CVB Financial and its subsidiary, Citizens Business Bank, saw net income rise for the quarter ended Sept. 30, it announced on Oct. 19. In a news release, the bank reported a net income of $29.7 million or 27 cents per share, an increase from $28.4 million for the second quarter of 2017 and $25.4 million Read More →
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Bank mergers leaving downtown spaces vacant
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Read More →Citizens Business Bank second quarter net income down from 2015
CVB Financial Corp. and its subsidiary Citizens Business Bank reported $25.5 million net income for the second quarter of 2016, or 23 cents per share. That was down from $26.8 million for the second quarter of 2015, or 25 cents per share. Citizens Business Bank completed the integration of County Commerce Bank in the second Read More →
Read More →Citizens Business Bank to pay 107th consecutive quarterly cash dividend
CVB Financial Corp., the holding company for Citizens Business Bank, announced a 12 cents per share cash dividend for the second quarter of 2016. The dividend will be payable on or about July 21 to shareholders of record as of July 7. “Our board of directors is pleased to pay our 107th consecutive cash dividend to our shareholders,” said President and CEO Christopher Read More →
Read More →Net earnings up 47.7 percent at Citizens Business Bank
Ontario-based Citizens Business Bank reported a 47.7 percent increase in net earnings for the first quarter of 2016. CVB Financial Corp. and its subsidiary Citizens Business Bank reported a $23.4 million net income, or 22 cents a share, up from $15.8 million in the first quarter of 2015. It was an increase of $7.6 million Read More →
Read More →Citizens Business Bank finalizes acquisition of County Commerce Bank
Citizens Business Bank finalized its acquisition of County Commerce Bank, the company announced on Feb. 29. In exchange for all of County Commerce’s common stock and options, Citizens paid $41.25 million — half in stock and half in cash. That equates to $16.79 per County Commerce share. County Commerce earned 40 consecutive “Five Star” quarterly Read More →
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