CVB Financial Completes Acquisition of Heritage Commerce Corp, Projects $241M 2025 Earnings
• CVB Financial (NasdaqGS:CVBF) finalized its acquisition of Heritage Commerce Corp on May 10, 2026, forming a combined mid-sized bank with pro forma assets of US$21.5 billion. • The merged entity released pro forma financials projecting 2025 net earnings of US$241 million, or US$1.36 per share, offering investors visibility into future performance. • This deal transforms CVB from a smaller regional player into a more substantial competitor, potentially enhancing its market position and dividend capacity in the banking sector.
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