CVB Financial Corp. Announces 141st Consecutive Quarterly Cash Dividend
CVB Financial Corp. (NASDAQ: CVBF) has declared its 141st consecutive quarterly cash dividend of $0.20 per share for the fourth quarter of 2024.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
CVB Financial Corp. (NASDAQ: CVBF) has declared its 141st consecutive quarterly cash dividend of $0.20 per share for the fourth quarter of 2024. The dividend will be paid on or about January 15, 2025 to shareholders of record as of December 31, 2024. The company, which is among the 10 largest bank holding companies headquartered in California with over $15 billion in assets, operates through Citizens Business Bank with more than 60 banking centers and three trust office locations across California.
Positive
- 141st consecutive quarterly dividend demonstrates consistent shareholder returns
- Strong market position as one of California's top 10 bank holding companies
- Substantial asset base exceeding $15 billion
- Extensive network of 60+ banking centers and 3 trust offices
Negative
- None.
Details
News Market Reaction – CVBF
The recorded move for CVBF in the trading session of this news was -1.00%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Ontario, CA, Dec. 16, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent (
“We are pleased to announce our 141st consecutive quarterly cash dividend paid to our shareholders,” said David A. Brager, President and Chief Executive Officer.
Corporate Overview
CVB Financial Corp. (“CVBF”) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with greater than
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF”. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.
Safe Harbor
Certain matters set forth herein may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including forward-looking statements relating to the Company's current business plans and expectations, growth projections, and our future financial position and operating results. Words such as “will likely result, “aims”, “anticipates”, “believes”, “could”, “estimates”, “expects”, “hopes”, “intends”, “may”, “plans”, “projects”, “seeks”, “should”, “will” and variations of these words and similar expressions help to identify these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or achievements to differ materially from those projected. These risks and uncertainties include, but are not limited to, all the risk factors set forth in the Company's public reports, including its Annual Report on Form 10-K for the year ended December 31, 2023, and particularly the discussion of risk factors within that document. The Company does not undertake, and specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences or unanticipated events or circumstances after the date of such statements except as required by law.
Contact: David A. Brager
President and Chief Executive Officer
(909) 980-4030
FAQ
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