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CVB Financial to acquire Heritage Commerce Corp

PRIVATEApr 06, 2026

Acquiring Company

Citizens Business Bank

Acquired Company

Heritage Bank of Commerce

OntarioSan JoseFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

CVB Financial has announced its agreement to acquire Heritage Commerce, aiming to enhance its market position. The acquisition is viewed positively, suggesting that the integration will be manageable due to compatible business profiles. Analysts see potential for significant revenue growth and improved operational efficiency following the merger.

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Company Information

Company

Citizens Business Bank

Location

Ontario, California, United States

About

For 50 years, Citizens Business Bank has taken a customer-focused, relationship-driven approach to banking. The financial services company is consistently recognized as one of the top-performing banks in the nation and offers a wide array of banking, lending, and investing¹ services through over 60 banking centers and 3 trust office locations throughout the state of California. CVBF trades on the NASDAQ stock exchange under the symbol CVBF.

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Frequently asked

Who acquired Heritage Bank of Commerce?

Heritage Bank of Commerce was acquired by Citizens Business Bank, based in Ontario. The deal was reported on April 6, 2026. For 50 years, Citizens Business Bank has taken a customer-focused, relationship-driven approach to banking. Citizens Business Bank is privately held and operates in Financial Services.

When did Citizens Business Bank acquire Heritage Bank of Commerce?

Citizens Business Bank's acquisition of Heritage Bank of Commerce was reported on April 6, 2026. CVB Financial has announced its agreement to acquire Heritage Commerce, aiming to enhance its market position. The acquisition is viewed positively, suggesting that the integration will be manageable due to compatible business profiles. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Heritage Bank of Commerce do?

Heritage Bank of Commerce, a subsidiary of Heritage Commerce Corp, is a full-service bank providing business-essential working capital factoring financing to various industries throughout the United States. It is privately held, operating in Financial Services, and is based in San Jose.

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