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Stock impact report

CVB Financial Corp. and Heritage Commerce Corp Announce Agreement to Merge

CVB Financial Corporation (CVBF) 
Last cvb financial corporation earnings: 4/22 04:50 pm Check Earnings Report
Company Research Source: GlobeNewswire
ONTARIO, Calif. and SAN JOSE, Calif., Dec. 17, 2025 (GLOBE NEWSWIRE) -- CVB Financial Corp. (Nasdaq: CVBF; together with Citizens Business Bank, National Association, “Citizens”) and Heritage Commerce Corp (Nasdaq: HTBK; together with Heritage Bank of Commerce, “Heritage”), today jointly announced that they have entered into a definitive merger agreement. Under the terms of the agreement, Heritage will merge with and into Citizens in an all-stock transaction valued at approximately $811 million, or $13.00 per HTBK share, based on CVBF’s closing stock price on December 16, 2025. The combination results in a top-performing California business bank with approximately $22 billion in assets, more than 75 offices and branches, and a deeply rooted presence in the State’s key economic centers.  David A. Brager, President and Chief Executive Officer of Citizens, stated, “This will be the most strategic and the largest acquisition by assets in our history. It brings together two premier, rel Show less Read more
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