ONTARIO, Calif.--(BUSINESS WIRE)--
CVB Financial Corp. (NASDAQ:CVBF) announced an eight and one-half cent ($0.085) per share dividend for the first quarter of 2008. The dividend was approved at the regularly scheduled Board of Directors meeting on March 21, 2008. It will be payable on April 18, 2008 to shareholders of record as of April 4, 2008.
"The payment of this dividend reflects the confidence of our Board of Directors in the continued superior performance of CVB Financial Corp.," said Christopher D. Myers, President and Chief Executive Officer. CVB Financial Corp is the holding company of Citizens Business Bank. Citizens Business Bank, with $6.2 billion in assets, is the largest bank headquartered in the Inland Empire.
Citizens Business Bank serves 40 cities through 45 banking centers in the Inland Empire, Orange and Los Angeles Counties and communities throughout the Central Valley of California. The Bank's trust and asset management division, CitizensTrust, has $2.5 billion in assets under administration.
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.
Source: CVB Financial Corp.
Contact: CVB Financial Corp. Christopher D. Myers President and Chief Executive Officer (909) 980-4030