CVB Financial Corp. Director Passes Away

ONTARIO, Calif., Nov. 04, 2022 (World NEWSWIRE) — It is with excellent disappointment that the Boards of Administrators of CVB Financial Corp. (NASDAQ: CVBF) and Citizens Business Bank (CBB) declared the passing of Rodrigo Guerra, Jr., a person of our esteemed administrators.

Mr. Guerra joined our Boards in 2017, he most a short while ago served as Chair of CVBF’s Nominating and Company Governance Committee, and as a member of CVBF’s Audit and Compensation Committees, whilst also serving as a member of CBB’s Equilibrium Sheet Management, Risk Management and Trust Products and services Committees. Prior to becoming a member of our Boards, Mr. Guerra was a longtime companion at the distinguished regulation firm of Skadden, Arps, Slate, Meagher & Flom, LLP, where he represented foremost companies and expenditure banking companies in a wide array of company and fiscal transactions.

“Rod was a remarkable addition to our Boards, and we all benefitted from his eager insights and wide encounter,” reported Hal W. Oswalt, Chairman of the Boards of CVBF and CBB. “I know all of us appreciated the intellect, thoughtfulness and enthusiasm he brought to our Boards.  He produced us all superior Board customers,” ongoing Mr. Oswalt. David A. Brager, President and CEO of CVBF and CBB, commented as follows: “We are deeply saddened to lose Rod. We will be permanently grateful for his friendship and stellar support to our group. It has been a privilege to do the job along with him, and his relatives is in our views and prayers.”

Corporate Overview

CVB Money Corp. (“CVBF”) is the keeping company for Citizens Organization Lender. CVBF is a person of the 10 largest lender keeping firms headquartered in California with around $16 billion in complete belongings. Citizens Business Lender is continually regarded as one of the top undertaking banking companies in the nation and presents a vast array of banking, lending and investing expert services with far more than 60 banking centers and 4 have confidence in office destinations serving California. Shares of CVB Economic Corp. common inventory are detailed on the NASDAQ under the ticker symbol “CVBF”. For trader information on CVB Economical Corp., go to our Citizens Company Bank internet site at www.cbbank.com and simply click on the “Investors” tab.

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Forward Seeking Statements

This presentation may well comprise ahead-searching statements that are intended to be protected by the protected harbor for this sort of statements provided by the Non-public Securities Litigation Reform Act of 1995. These statements are primarily based on the recent beliefs and anticipations of the management of CVB Economic Corp. and Citizens Enterprise Lender (collectively, the “Company”) and are matter to important challenges and uncertainties that could bring about genuine final results or effectiveness to vary materially from those people projected. You should really not position undue reliance on these statements. Things that could trigger the Company’s actual outcomes to vary materially from those explained in the forward-wanting statements include things like, between many others, alterations in the U.S. financial system or area, regional and international business enterprise, economic and political circumstances the impacts of the ongoing COVID-19 pandemic changes in legal guidelines or the regulatory setting, which include trade, monetary and fiscal policies and regulations inflation or deflation, interest price, marketplace and monetary fluctuations the outcome of acquisitions we have manufactured or may well make changes in the competitive natural environment, including technological changes cybersecurity and fraud threats alterations in the business and residential authentic estate markets modifications in customer tastes, borrowing and discounts practices geopolitical circumstances, threats of terrorism or armed forces motion, catastrophic occasions or natural disasters these kinds of as earthquakes, drought, pandemics, climate change and severe climate and unanticipated lawful or regulatory proceedings. These factors also involve all those contained in the Company’s filings with the Securities and Exchange Fee, which includes the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the calendar year finished December 31, 2021. When thinking about these ahead-hunting statements, you need to preserve in mind these threats and uncertainties, as nicely as any cautionary statements that the Corporation or its administration may well make from time to time. These forward-looking statements speak solely as of the day they are produced and are primarily based only on information then essentially acknowledged to the Company’s executives who are creating the related statements. The Organization does not undertake to update any forward-seeking statements except as necessary by regulation.

Get hold of: David A. Brager
President and Main Government Officer
(909) 980-4030