CVB Financial Corp. and Community Bank Announce Completion of Merger
CVB Financial Corporation (CVBF)
Last cvb financial corporation earnings: 4/22 04:50 pm
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Source: Business Wire
ONTARIO, Calif. & PASADENA, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (Nasdaq: CVBF) and Community Bank (OTC Pink: CYHT) announced today that the planned merger between CVBF’s wholly-owned banking subsidiary, Citizens Business Bank, and Community Bank has been completed, effective at 5:00 p.m. (Pacific Daylight Time) on August 10, 2018. Effective at the time of the merger, CVBF appointed Marshall V. Laitsch, the former Chairman of Community Bank Board of Directors, to serve on the respective Boards of CVBF and Citizens Business Bank. Under the terms of the merger agreement, Community Bank shareholders received $56.00 in cash and 9.4595 shares of CVBF common stock for each share of Community common stock. The value of the total deal consideration was approximately $903 million, which includes approximately 30 million shares of CVBF stock issued to Community Bank shareholders and $177.5 million in aggregate
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News
- CVB Financial Corp. (NASDAQ: CVBF) had its "neutral" rating re-affirmed by analysts at Wedbush. They now have a $19.00 price target on the stock.MarketBeat
- Bullish CVB Financial Insiders Loaded Up On US$11.1m Of Stock [Yahoo! Finance]Yahoo! Finance
- CVB Financial (CVBF) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates [Yahoo! Finance]Yahoo! Finance
- CVB Financial Corp. Reports Earnings for the First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
- CVB Financial Corp. Reports Earnings for the First Quarter 2024GlobeNewswire
CVBF
Earnings
- 4/24/24 - In-Line
CVBF
Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 8-K
- 4/1/24 - Form DEFA14A
- CVBF's page on the SEC website