CVB Financial completes merger with Heritage Commerce
PUBT · 2d ago
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- CVB Financial completed merger with Heritage Commerce on April 17, 2026 in an all-stock transaction.
- Heritage Bank of Commerce merged into Citizens Business Bank as part of transaction.
- Combined organization now expected to exceed $20 billion in total assets.
- Total loans expected to rise to about $12 billion; total deposits and customer repurchase agreements to about $17 billion.
- Heritage CEO Clay Jones to join Citizens as president; two Heritage directors to join CVB and Citizens boards, expanding each board to 11 members.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVB Financial Corporation published the original content used to generate this news brief on April 17, 2026, and is solely responsible for the information contained therein.
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