Acquiring Company
Citizens Business Bank
Acquired Company
Heritage Bank of Commerce
United StatesSan JoseFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Citizens Business Bank has successfully completed its acquisition of Heritage Bank of Commerce on April 17, 2026. This merger significantly increases Citizens' presence in the Bay Area and pushes total assets above $20 billion. The combination aims to strengthen the bank's operational footprint while maintaining its focus on relationship-driven banking in California's major economic centers.
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Based on deal dataFrequently asked
Who acquired Heritage Bank of Commerce?
Heritage Bank of Commerce was acquired by Citizens Business Bank, based in United States. The deal was reported on August 26, 2026. Citizens Business Bank is a full-service commercial bank that provides a wide range of financial products and services to individuals, businesses, and government entities. Citizens Business Bank is publicly traded (CVBF) 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 August 26, 2026. Citizens Business Bank has successfully completed its acquisition of Heritage Bank of Commerce on April 17, 2026. This merger significantly increases Citizens' presence in the Bay Area and pushes total assets above $20 billion. 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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