CVB FINANCIAL CORP. (NASDAQ:CVBF) Files An 8-K Other Events
Item8.01
| Other Events. |
On March10, 2017, CVB Financial Corp (the Company) announced that
CVB Financial Corp. and its principal subsidiary Citizens
Business Bank completed the closing of the acquisition of Valley
Commerce Bancorp, the holding company for Valley Business Bank,
on March10, 2017, which was originally announced on September22,
2016. A copy of the Companys press release announcing the closing
of the acquisition is attached as Exhibit 99.1.
| Item9.01 | Financial Statements and Exhibits. |
(d) Exhibits
|
Exhibit Number |
||
| 99.1 |
Press Release dated March10, 2017 announcing the closing of the acquisition of Valley Commerce Bancorp. |
About CVB FINANCIAL CORP. (NASDAQ:CVBF)
CVB Financial Corp. is the bank holding company for Citizens Business Bank (the Bank). The Bank’s segments include Business Financial and Commercial Banking Centers (Centers), Treasury and Others. The Company’s all administrative and other smaller operating departments are combined into the Other segment. Its remaining operating segments, which include construction lending, dairy and livestock, and agribusiness lending, leasing, CitizensTrust and centralized functions, form part of the Other segment. The Treasury Department’s primary focus is managing the Bank’s investments, liquidity and interest rate risk. The Bank operates approximately 40 Business Financial Centers, eight Commercial Banking Centers, and three trust offices. Its trust offices are located in Ontario, Newport Beach and Pasadena. These offices serve as sales offices for the Bank’s wealth management, trust and investment products. The Company also offers specialized services designed for commercial customers. CVB FINANCIAL CORP. (NASDAQ:CVBF) Recent Trading Information
CVB FINANCIAL CORP. (NASDAQ:CVBF) closed its last trading session down -0.09 at 23.04 with 307,210 shares trading hands.
