News & Media
Citizens Business Bank Ranked Most Trustworthy Mid Cap Bank in the U.S. by Forbes
Ontario, CA, August 19, 2015 – CVB Financial Corp., the holding company for Citizens Business Bank, earned the most trustworthy mid cap bank in the U.S. ranking for Q1 2015 according to Forbes’ America’s 50 Most Trustworthy Financial Companies.
“A core component of our mission is about creating long-term banking relationships with our customers,” said Christopher D. Myers, President and CEO of Citizens Business Bank. “Gaining the trust of our valued customers is an integral part of who we are.”
According to Forbes, the list is based on accounting and governance behaviors retrieved by MSCI ESG Research. MSCI ESG reviewed the accounting and governance behaviors of more than 700 publicly-traded North American companies with market caps of $250 million or greater, for the year ending March 2015. Factors include high-risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk. These factors are used to develop “Aggressive Accounting and Governance Risk” (AGR) numbers, the final composite by which organizations are scored.
CVB Financial Corp. is the holding company for Citizens Business Bank. The Bank is the largest financial institution headquartered in the Inland Empire region of Southern California with assets of approximately $7.7 billion. Citizens Business Bank serves 43 cities with 40 Business Financial Centers, seven Commercial Banking Centers, and three trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, and the Central Valley areas of California.
Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol “CVBF.” For investor information on CVB Financial Corp., visit our Citizens Business Bank website at www.cbbank.com and click on the “Investors” tab.