CVB Financial Corp. Announces 51st Consecutive Cash Dividend.Business Editors ONTARIO, Calif.--(BUSINESS WIRE)--June 20, 2002 CVB CVB Convention and Visitors Bureau CVB College Van Bestuur (Dutch: Managing Council) CVB Camper Van Beethoven (band) CVB Common Vision Blox CVB Center for Veterinary Biologics Financial Corp. (Nasdaq:CVBF CVBF Central Valley Business Forms CVBF Carrier Battle Force ) announced a 14 cent ($0.14) per share dividend for the second quarter of 2002. The dividend was approved at the regularly scheduled board of directors meeting on June 19, 2002. It will be payable on July 18, 2002, to shareholders of record as of July 3, 2002. "We are pleased that the success of CVB Financial Corp. allows us to reward our shareholders for their support and confidence," said D. Linn linn n. Scots 1. A waterfall. 2. A steep ravine. [Scottish Gaelic linne, pool, waterfall.] Wiley, president and chief executive officer. "This is our 51st consecutive quarterly cash dividend, and it reflects the continued superior performance of CVB Financial Corp." CVB Financial, with $2.6 billion in assets operates Citizens Business Bank, the largest bank with headquarters in the Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, Inland Empire region. The bank's Wealth Management Group based in Pasadena has more than $1 billion in assets under administration. Citizens Business Bank recently announced the acquisition of Western Security Bank in Burbank, Calif. Western Security Bank is a single-unit bank with $137.2 million in deposits and $96.9 million in loans as of March 31, 2002. The transaction is expected to close during the month of July. Citizens Business Bank specializes in serving business and professional clientele through 31 business financial centers in 24 cities in the Inland Empire, Orange County, the San Gabriel Valley The San Gabriel Valley is one of the principal valleys of southern California. It lies to the east of the city of Los Angeles, to the north of the Puente Hills, to the south of the San Gabriel Mountains, and to the west of the Inland Empire. and the Southern Central Valley regions of California. Shares of CVB Financial common stock are listed on the Nasdaq under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors of CVBF. For more information, visit the company's Web site at www.cbbank.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion