ONTARIO, CA - CVB Financial Corp. (NASDAQ: CVBF), the parent company of Citizens Business Bank, declared a quarterly cash dividend of twenty cents ($0.20) per share for the first quarter of 2024. The announcement was made following a Board of Directors meeting held on Wednesday.
The dividend is scheduled for payment on April 17, 2024, to shareholders on record as of April 3, 2024. This marks the 138th consecutive quarterly cash dividend paid to shareholders, a streak that President and CEO David A. Brager highlighted as a point of pride for the company.
CVB Financial Corp. stands as one of the top 10 largest bank holding companies based in California, boasting about $16 billion in total assets. Citizens Business Bank has earned recognition for its performance and provides a broad range of banking, lending, and investing services. It operates over 60 banking centers and three trust office locations across California.
The company's shares are traded on the NASDAQ with the ticker symbol CVBF. Investors seeking further information about CVB Financial Corp. can access the Citizens Business Bank website and navigate to the "Investors" section.
The press release also included forward-looking statements regarding CVB Financial Corp.'s future business plans, growth projections, and financial outcomes. However, these statements are subject to various risks and uncertainties that could cause actual results to differ materially from projections.
The company's latest financial details and risk factors have been outlined in its Annual Report on Form 10-K for the year ended December 31, 2023. CVB Financial Corp. has stated that it does not intend to update any forward-looking statements to reflect events or circumstances arising after the date of the statements.
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