CVB Financial completes merger with Heritage Commerce Corp
Heritage Commerce Corp HTBK | 0.00 | |
CVB Financial Corp. CVBF | 0.00 |
- CVB Financial completed its all-stock merger with Heritage Commerce on April 17, 2026.
- Heritage Bank of Commerce was merged into Citizens Business Bank as part of the transaction.
- Combined company is expected to exceed $20 billion in total assets, with about $12 billion in loans.
- Total deposits and customer repurchase agreements are expected to rise to about $17 billion.
- Heritage President and CEO Clay Jones will become President of combined organization, while David Brager remains CEO.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVB Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-167264), on April 21, 2026, and is solely responsible for the information contained therein.
