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Stock impact report

CVB Financial Corp. and Community Bank Announce Agreement to Merge

CVB Financial Corporation (CVBF) 
Last cvb financial corporation earnings: 4/22 04:50 pm Check Earnings Report
Company Research Source: Business Wire
Highlights of Announced Transaction Strengthens Citizens Business Bank’s (“Citizens”) presence in Southern California with greater than $12 billion in total assets on a pro forma basis Citizens, founded in 1974, and Community Bank (“Community”), founded in 1945, are two institutions that have stood the test of time Complementary business banking models with similar core values and corporate cultures Expected to result in 12% earnings per share accretion in 2019, excluding one-time transaction costs ONTARIO, Calif. & PASADENA, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (Nasdaq: CVBF) and Community Bank (OTC Pink: CYHT) announced today that they have entered into an agreement and plan of reorganization and merger (the “Agreement”), pursuant to which Community will merge with and into Citizens in a stock and cash transaction valued Show less Read more
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