For Immediate Release Contact: D. Linn Wiley
President & CEO
CVB Financial Corp. Announces 54th Consecutive Cash Dividend
Ontario, California, March 20, 2003-CVB Financial Corp. (NASDAQ:CVBF) announced a twelve cents ($0.12) per share dividend for the first quarter of 2003. The dividend was approved at the regularly scheduled Board of Directors meeting on March 19, 2003. It will be payable on April 16, 2003, to shareholders of record as of April 2, 2003.
The $0.12 dividend represents the 54th consecutive quarterly cash dividend for the Company. “We are pleased that the strong financial performance of CVB Financial Corp. allows us to continue to pay these cash dividends to our shareholders,” stated Linn Wiley, President and Chief Executive Officer.
CVB Financial Corp. with $3.1 billion in assets operates Citizens Business Bank, the largest bank headquartered in the Inland Empire region of Southern California. The Bank’s Wealth Management Group, based in Pasadena, has nearly $1 billion under administration. Citizens Business Bank specializes in serving business and professional clientele through 33 business financial centers in 26 cities in the Inland Empire, Orange County, Los Angeles 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.