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CVB Financial Corp. Announces Stock and Cash Dividend.


ONTARIO, Calif. -- The Board of Directors of 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 NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:CVBF CVBF Central Valley Business Forms
CVBF Carrier Battle Force
) declared a 10% stock dividend at its regularly scheduled Board of Directors Meeting on December 20, 2006. This will result in shareholders receiving one additional share of stock for every ten shares they own. The 10% stock dividend will be accompanied by a cash dividend of $0.085 per share.

Christopher D. Myers, President and Chief Executive Officer, stated that, "The decision by the Board of Directors to declare the stock dividend and the $0.085 cash dividend is predicated on the solid growth and strong financial performance of CVB Financial Corp. and its principal subsidiary, Citizens Business Bank."

Shareholders of record on January 5, 2007 will be entitled to the 10% stock dividend. They will receive the additional shares of stock on or about January 19, 2007.

The record date of the cash dividend of $0.085 is January 16, 2007. The cash dividend payable date is January 19, 2007. The additional shares and the cash dividend will be mailed to shareholders on or about January 19, 2007.

The cash dividend will be paid on a post stock dividend basis. Consequently, shareholders receiving the stock will receive the cash dividend on both the old and new shares.

CVB Financial Corp. operates Citizens Business Bank. Citizens Business Bank is the largest bank headquartered in the Inland Empire In·land Empire  

A region of the northwest United States between the Cascade Range and the Rocky Mountains, comprising eastern Washington, eastern Oregon, northern Idaho, and western Montana. Farming, lumbering, and mining are important to the area.
. It is the dominant community bank in the Inland Empire, Los Angeles County, Orange County and the Central Valley areas of California. Its subsidiary, Golden West Financial Services, provides vehicle leasing, equipment leasing and real estate loan services. The Financial Advisory Services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
 Group has over $2.7 billion in assets under administration. They provide trust, investment and related services.

Shares of CVB Financial Corp. 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 investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the CVB Investor tab.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 

This document may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected. For a discussion of other factors that could cause actual results to differ, please see the publicly available Securities and Exchange Commission filings of CVB Financial Corp., including its Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the year ended December 31, 2004, and particularly the discussion of risk factors within that document.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 21, 2006
Words:407
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