For Immediate Release
Contact: D. Linn Wiley, President and Chief Executive Officer
CVB Financial Corp. Declares Cash Dividend
Ontario, California, March 22, 2001-CVB Financial Corp. (AMEX:CVB), a $2.3 billion in assets financial services holding company, today announced a fourteen cents ($0.14) per share dividend for the first quarter of 2001. The dividend was approved at the regularly scheduled Board of Directors Meeting on March 21, 2001.
The cash dividend will be payable on April 19, 2001, to shareholders of record as of April 4, 2001. The $0.14 dividend represents an increase of $0.02, or 17%, over the previous quarter dividend of $0.12.
CVB Financial Corp. operates Citizens Business Bank, the largest bank headquartered in Southern California’s Inland Empire region. The company specializes in serving business and professional clientele.
"We are pleased that the success of CVB Financial Corp. allows us to reward our shareholders for their support and confidence," said D. Linn Wiley, President and Chief Executive Officer. "This is our 46th consecutive quarterly cash dividend and reflects the continued superior performance of CVB Financial Corp."
Citizens Business Bank serves the Inland Empire, Orange County and the San Gabriel Valley regions of California with 30 offices in 23 cities. Shares of CVB Financial Corp. common stock are listed on the American Stock Exchange under the ticker symbol of CVB. For more information, please visit our website at www.cbbank.com.