Celebrating Recognition in the Banking Industry
CVB Financial Corp. (NASDAQ: CVBF), the parent company of Citizens Business Bank, has achieved remarkable recognition by making its way onto Forbes' annual America’s Best Banks list. This accolade marks an impressive ninth occasion in the last decade that the Bank has secured a spot on this prestigious list, underscoring its status as a leader in the banking industry.
David Brager, the President and Chief Executive Officer of CVB Financial Corp., expressed pride in this acknowledgment, stating, “We are honored to receive recognition once again for our strong financial performance. This achievement is a testament to the dedication and talent of our associates, as well as the enduring relationships we have developed with our customers.”
Outstanding Performance and Industry Accolades
CVBF and Citizens Business Bank have consistently excelled in various metrics that reflect their performance and commitment to the community. In the previous year, CVBF was acknowledged by S&P Global Market Intelligence as one of the Top 50 Public Banks, while Newsweek recognized it as one of America’s Greatest Workplaces for Women. Together with a Five-Star Superior rating from BauerFinancial and a “Super Premier” Performing Bank designation by The Findley Reports, it is clear that the Bank prioritizes excellence in service and performance.
The accolade of being recognized as America’s best bank is not new for Citizens Business Bank. The institution has previously earned top honors from Forbes, including being named the overall number one “Best Bank in America” for four years within the last decade: 2023, 2021, 2020, and 2016. Such repeated recognition highlights the Bank's enduring commitment to excellence.
A Closer Look at the Ranking Criteria
In compiling its annual list, Forbes conducted an in-depth analysis of ten key metrics that assess credit quality, growth, and profitability for the 100 largest publicly traded banks and thrifts in the nation. This meticulous evaluation reflects the bank's ongoing commitment to maintaining high standards in these critical areas.
What Makes Citizens Business Bank Stand Out?
Citizens Business Bank brings more than simply outstanding accolades to the table. As one of the 10 largest bank holding companies based in California, CVBF manages over $15 billion in total assets. The Bank offers a comprehensive suite of banking, lending, and investment services through its extensive network of over 60 banking centers and three trust offices across California.
Investing in the Future
With a commitment to innovation and improvement, CVB Financial Corp. is continually investing in new technologies and services that enhance customer experience and operational efficiency. The company understands that the future of banking is not just about meeting current customer needs, but also about anticipating future demands and adapting accordingly.
Communication and Added Value
For investors looking to learn more about CVB Financial Corp., its official website provides an array of resources and detailed information regarding its operations. The relationship between the Bank and its investors is pivotal, reflecting its dedication to transparency and sustained growth.
Should you require more information or wish to get in touch, feel free to contact:
David A. Brager
President and Chief Executive Officer
(909) 980-4030
Frequently Asked Questions
1. What recognition did CVB Financial Corp. recently receive?
CVB Financial Corp. was recognized by Forbes as one of the best banks in America, marking the ninth time in ten years.
2. How did Forbes determine the rankings?
Forbes evaluated ten metrics related to credit quality, growth, and profitability among 100 of the largest banks and thrifts.
3. How many banking centers does Citizens Business Bank have?
Citizens Business Bank operates more than 60 banking centers throughout California.
4. What is the stock ticker for CVB Financial Corp.?
CVB Financial Corp. is listed under the ticker symbol “CVBF” on NASDAQ.
5. Who is the CEO of CVB Financial Corp.?
David A. Brager is the President and Chief Executive Officer of CVB Financial Corp.
