CVB Financial Corp. Announces 133rd Consecutive Cash Dividend

CVB Financial Corp

CVB Financial Corp

ONTARIO, Calif., December 14, 2022 (GLOBE NEWSWIRE) — CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a cash dividend of twenty cents ($0.20) per share over the fourth quarter of 2022 This dividend was approved at the regular meeting of the Company’s Board of Directors held on December 14, 2022. The quarterly dividend will be payable on or about January 13, 2023 to shareholders of record as of December 29, 2022.

“We are delighted to announce our 133rd consecutive cash dividend paid to our shareholders. Our company’s strong capital and liquidity levels have enabled us to maintain this impressive record of returning capital to our shareholders,” said David A. Brager, President and Chief Executive Officer.

Company overview
CVB Financial Corp. (“CVBF”) is the holding company of Citizens Business Bank. CVBF is a top 10 California-based bank holding company with more than $16 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a broad range of banking, lending and investment services with over 60 banking centers and 4 trust office locations serving California.

CVB Financial Corp. common stock is traded on the NASDAQ under the ticker symbol “CVBF”. For CVBF investor information, please visit our Citizens Business Bank website at www.cbbank.com and click on the ‘Investors’ tab.

Safe harbor
Certain matters set forth herein 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 like “probably will”, “aim”, “anticipate”, “believe”, “may”, “estimate”, “expect”, “hope”, “intend”, “may”, “plan”, “plan” “, “seeks”, “should”, “will” and variations of these words and similar expressions help identify these forward-looking statements. These forward-looking statements are subject to risks and uncertainties that could cause actual results, performance and/or results to differ materially from those anticipated. Such risks and uncertainties include, but are not limited to, all risk factors disclosed in the Company’s public reports, including its annual report on Form 10-K for the year ended December 31, 2021, and in particular 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 events or unanticipated events or circumstances after the date of such statements, except as required by law.

Contact: David A. Brager
President and CEO
(909) 980-4030

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