Citizens Business Bank

CVB Financial Corp. Announces 138th Consecutive Quarterly Cash Dividend

Retrieved on: 
Wednesday, March 20, 2024
CVB, Risk, Annual report, Citizens Business Bank, 138th

ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024.

Key Points: 
  • ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024.
  • The quarterly dividend will be payable on or about April 17, 2024 to shareholders of record as of April 3, 2024.
  • “We are pleased to announce our 138th consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.
  • Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”.

Credit and Loan Origination Industry Veteran Phil Soh Joins GreenLake Asset Management

Retrieved on: 
Monday, March 11, 2024
Citizens Business Bank, TAFE Queensland, BOC, Wachovia, Banc of California, PacWest Bancorp, Acquisition, LPL Financial, Banq, Financial services

LOS ANGELES, March 11, 2024 /PRNewswire/ -- GreenLake Asset Management ("GreenLake" or the "Firm"), a nationwide leader specializing in providing short-term commercial real estate bridge loans, today announced that Phil Soh has joined the Firm as a Managing Director. Mr. Soh will focus on new credit originations spanning the commercial real estate market. 

Key Points: 
  • LOS ANGELES, March 11, 2024 /PRNewswire/ -- GreenLake Asset Management ("GreenLake" or the "Firm"), a nationwide leader specializing in providing short-term commercial real estate bridge loans, today announced that Phil Soh has joined the Firm as a Managing Director.
  • Mr. Soh will focus on new credit originations spanning the commercial real estate market.
  • Mr. Soh brings to GreenLake more than two decades of experience in management, credit administration, underwriting and sales.
  • Before that, he held senior credit and business development positions at Citizens Business Bank and Wells Fargo / Wachovia Bank.

CVB Financial Corp. Announces 137th Consecutive Quarterly Cash Dividend

Retrieved on: 
Wednesday, December 20, 2023
CVB, 137th, Risk, Citizens Business Bank, Annual report

ONTARIO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2023.

Key Points: 
  • ONTARIO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2023.
  • The quarterly dividend will be payable on or about January 22, 2024 to shareholders of record as of January 5, 2024.
  • “We are pleased to announce our 137th consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.
  • Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”.

CVB Financial Corp. Announces 136th Consecutive Cash Dividend

Retrieved on: 
Wednesday, September 20, 2023
Citizens Business Bank, Public sector banks in India, Risk, CVB, Annual report

ONTARIO, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the third quarter of 2023.

Key Points: 
  • ONTARIO, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the third quarter of 2023.
  • The quarterly dividend will be payable on or about October 19, 2023 to shareholders of record as of October 4, 2023.
  • “We are pleased to announce our 136th consecutive cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.
  • Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”.

FHLBank San Francisco Doubles Empowering Black Homeownership Matching Grant Program with New $2 Million Commitment

Retrieved on: 
Wednesday, September 20, 2023
Citizens Business Bank, Federal Home Loan Banks, Erie Neighborhood House, Partnership, Marketing, Service, Bank of the West, MUFG Union Bank, Pacific Premier Bancorp, WISH, Research, Urban, HUD, PacWest Bancorp, SAN, HCA, City National Bank, Mechanics Bank, Tri Counties Bank, Bank, NHS, Toyota Financial Services, HCA Healthcare, Social, Empowerment, FleetBoston Financial, Farmer, Drug, Western Alliance Bancorporation, Black

With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.

Key Points: 
  • With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.
  • We are proud to double our commitment to this transformative program, and we look forward to matching up to $2 million in grants aimed at supporting Black community members on their path to reaching and sustaining homeownership and economic security.”
    The Empowering Black Homeownership program is one component of FHLBank San Francisco’s commitment to advancing racial equity.
  • To that end, the Empowering Black Homeownership matching grant program was created in 2022 to allow FHLBank San Francisco member financial institutions to request dollar-for-dollar matching grants up to a total of $125,000 per member.
  • The Empowering Black Homeownership matching grant program is just one example of the Bank's mission of promoting homeownership.

Federal Home Loan Bank of San Francisco and Congresswoman Sydney Kamlager-Dove Celebrate Grand Opening of Critically-Needed Affordable Senior Apartments in Los Angeles

Retrieved on: 
Monday, August 28, 2023
View series, Clearing house, Partnership, Housing, Social, Citizens Business Bank, AHP, Rehabilitation, Dementia, Federal Home Loan Banks, CA-37, Congress, Pierce Brothers Westwood Village Memorial Park and Mortuary, Fort View Apartments, Case management, LA, Bank, Film industry, Tourism, Airline, Congressional district

LOS ANGELES, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and Congresswoman Sydney Kamlager-Dove (CA-37) today celebrated the grand opening of Washington View Apartments in Los Angeles, which provides 122 newly built residences for senior citizens, with 91 units reserved for formerly unhoused residents.

Key Points: 
  • LOS ANGELES, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) and Congresswoman Sydney Kamlager-Dove (CA-37) today celebrated the grand opening of Washington View Apartments in Los Angeles, which provides 122 newly built residences for senior citizens, with 91 units reserved for formerly unhoused residents.
  • To support the project and bring it to life, FHLBank San Francisco awarded a $1 million Affordable Housing Program (AHP) grant in 2022.
  • We also want to thank Congresswoman Kamlager-Dove for her commitment and focus on developing solutions to address the lack of affordable housing in Los Angeles.
  • “I was glad to join in celebrating the grand opening of the Washington View Apartments with FHLBank San Francisco officials, local officials, and affordable housing advocates,” said Congresswoman Kamlager-Dove.

FHLBank San Francisco Awards Over $26 Million in Grants to Wide Array of California-Based Affordable Housing Groups

Retrieved on: 
Tuesday, July 11, 2023
National Low Income Housing Coalition, Citizens Business Bank, Woodlands, Total, Partnership, Housing, Century Housing Corporation, Homelessness, Disability, AHP, Rehabilitation, Veteran, Federal Home Loan Banks, Hope, City National Bank, Community development, National Community Renaissance, Substance abuse, Property management, Renewable energy

SAN FRANCISCO, July 11, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) today announced it awarded over $26 million in Affordable Housing Program (AHP) grants to fund 30 projects that will create 2,420 units of affordable housing in California. FHLBank San Francisco is the largest privately-owned source of affordable housing funding within its region - comprising California, Arizona, and Nevada - and collectively with the other Federal Home Loan Banks, one of the largest privately-owned grantors in the country.

Key Points: 
  • Providing resources for affordable housing is a core element of FHLBank San Francisco’s mission, with a firm commitment to deploy at least 10% – and up to 15% – of its net profits from the prior year to fund affordable housing and related community investment programs.
  • Grants are delivered through FHLBank San Francisco member institutions partnering with nonprofits and affordable housing developers to submit applications for grants for specific projects in an annual funding competition.
  • In total for the 2023 program cycle, the Bank’s AHP awarded $32.9 million in funding for 38 affordable housing projects in California, Arizona, and Nevada.
  • Since 1990, we have contributed over $1.14 billion in AHP General Fund and Nevada Targeted Fund grants to support 141,000 units of affordable housing.

CVB Financial Corp. Announces 135th Consecutive Cash Dividend

Retrieved on: 
Wednesday, June 21, 2023
Citizens Business Bank, Public sector banks in India, 135th, Risk, CVB, Annual report

ONTARIO, Calif., June 21, 2023 (GLOBE NEWSWIRE) --  CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2023.

Key Points: 
  • ONTARIO, Calif., June 21, 2023 (GLOBE NEWSWIRE) --  CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2023.
  • The quarterly dividend will be payable on or about July 20, 2023 to shareholders of record as of July 6, 2023.
  • “We are pleased to announce our 135th consecutive cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.
  • Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”.

Historic Pechanga Arena San Diego Selects Noted Industry Veteran to Continue Storied Venue’s Record Years

Retrieved on: 
Tuesday, May 23, 2023
Music, Other Philanthropy, Events, Concerts, Philanthropy, Entertainment, Citizens Business Bank, University, Pechanga Band of Luiseño Indians, Mechanics Bank Arena, Hahn, ASM, Veterans Village, Multimedia, E Street Band, History, Pechanga Arena, City, Blood, Growth, Mechanics Bank Theater and Convention Center, Anschutz Entertainment Group, Convention center, Nightclub, Eagle

View the full release here: https://www.businesswire.com/news/home/20230523005340/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230523005340/en/
    Pechanga Arena San Diego (Photo Credit: Alan Hess)
    Under ASM Global’s renowned international management, Pechanga Arena has enjoyed record-breaking years fueled with performances by the world’s leading artists.
  • Among the venues in the United States, Pechanga Arena now ranks No.
  • A pillar in the community for decades, the arena was recently awarded for supporting community efforts through five food distribution events with Feeding San Diego, 11 blood drives with the San Diego Red Cross and hosting the Veteran Village of San Diego Stand Down in July.
  • “I look forward to working with the stellar team already in place at Pechanga Arena and with the City of San Diego to enjoy our continued success together,” said Eckerson.

CVB Financial Corp. (holding company for Citizens Business Bank) Ranked the Third Best-Performing U.S. Public Bank by S&P Global Market Intelligence

Retrieved on: 
Thursday, March 30, 2023
Citizens Business Bank, Public sector banks in India, Terrorism, CVB, S&P Global, Climate change, Earthquake, Growth, Weather, Security (finance), Pandemic, Environment, Safety, Cryptocurrency

S&P Global Market Intelligence recently released its annual rankings of the best-performing U.S. public banks with assets exceeding $10 billion.

Key Points: 
  • S&P Global Market Intelligence recently released its annual rankings of the best-performing U.S. public banks with assets exceeding $10 billion.
  • “Citizens Business Bank continues to be a steady and reliable business partner to our customers, providing a wide array of financial services through various economic cycles.
  • CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank.
  • For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.