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CVB Financial (CVBF) and Suncrest Bank Announce Agreement to Merge

Go back to CVB Financial (CVBF) and Suncrest Bank Announce Agreement to Merge

CVB Financial Corp. and Suncrest Bank Announce Agreement to Merge

July 27, 2021 4:45 PM EDT

Highlights of Announced Transaction

Citizens Business Bank (Citizens) deepens presence in Central California and expands north to Sacramento one of Californias largest deposit marketsSuncrest Bank is a fast growing commercial bank with a diversified loan portfolio and strong base of customer depositsCitizens second largest acquisition will add scale and market share to improve Citizens competitive position and operating leverage

ONTARIO, Calif. & VISALIA, Calif., July 27, 2021 (GLOBE NEWSWIRE) -- CVB Financial Corp. (Nasdaq:... More