CVB Financial Corp. (NASDAQ:CVBF), parent company of Citizens Business
Bank, was recently recognized as one of the Top 25 Performing Banks in
the nation. CVB Financial Corp. was recognized by the American Banking
Association (ABA) as a result of its outstanding return on average
equity (ROAE). CVB Financial Corp. ranks #10 with a ROAE of 13.75%. This
is up from #18 in 2007.
The ABA study ranked the performance of domestic publicly held banks,
thrifts, and holding companies with assets over $3 billion as of
December 31, 2008. A total of 145 financial institutions qualified under
the selection criteria. The ABA Banking Journal applauded CVB Financial
Corp. for its strong earnings, despite operating in one of the hardest
hit markets in the country: Southern California’s Inland Empire.
“We are pleased to be recognized among this elite group of companies,”
commented Chris Myers, President and Chief Executive Officer. “It
validates our commitment to provide our shareholders with a superior
return on their investment and our customers with the safety and
soundness they deserve.”
CVB Financial Corp. also received the prestigious Super Premier
Performing Bank rating from the Findley Reports for 2008. This
represents the 19th consecutive year that the company earned
this important peer recognition award.
CVB Financial Corp. is the holding company for Citizens Business Bank.
The Bank has total assets in excess of $6.4 billion and is the largest
financial institution headquartered in the Inland Empire region of
Southern California. It serves 40 cities with 43 Business Financial
Centers and five Commercial Banking Centers in the Inland Empire, Los
Angeles County, Orange County and the Central Valley areas of California.
Shares of CVB Financial Corp. common stock are listed on the NASDAQ
under the ticker symbol of CVBF. For more information, please visit our
website at www.cbbank.com.
CVB Financial Corp.
Christopher D. Myers
President
and Chief Executive Officer
909-980-4030
