Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Cvb Financial ( (CVBF) ) has issued an announcement.
On December 17, 2025, CVB Financial Corp. agreed to acquire Heritage Commerce Corp. in an all-stock reorganization under which Heritage will merge into CVB Financial and Heritage Bank of Commerce will be combined with Citizens Business Bank, leaving CVB Financial and Citizens as the surviving entities. Heritage shareholders are to receive 0.65 shares of CVB Financial common stock for each Heritage share, implying a deal value of about $811 million, while all Heritage equity awards will either vest and convert into CVB stock or be cashed out, and CVB has set detailed capital, loan, deposit and regulatory conditions, termination rights and a $32.45 million break-up fee framework around closing. As part of the transaction, Heritage CEO Robertson “Clay” Jones will become President of CVB Financial and Citizens Business Bank with a new compensation and retention package, and two Heritage directors will join CVB’s board, signaling a leadership and governance integration aimed at strengthening the combined institution’s market presence in California’s banking sector, supported by voting agreements, non-solicitation arrangements and other protections designed to secure shareholder approval and operational stability through the merger process.
The most recent analyst rating on (CVBF) stock is a Buy with a $23.00 price target. To see the full list of analyst forecasts on Cvb Financial stock, see the CVBF Stock Forecast page.
Spark’s Take on CVBF Stock
According to Spark, TipRanks’ AI Analyst, CVBF is a Outperform.
CVBF’s overall score reflects strong financial performance and strategic corporate events, such as the merger with Heritage Commerce, which are expected to drive future growth. While technical indicators are neutral, the stock’s valuation and consistent profitability provide a solid foundation. Challenges in revenue growth and liquidity are areas to watch.
To see Spark’s full report on CVBF stock, click here.
More about Cvb Financial
CVB Financial Corp. is a California-based financial services company and the parent of Citizens Business Bank, a national bank. Through Citizens Business Bank, the company operates in commercial banking, providing loans, deposit products and related financial services to businesses and individuals, with a focus on regional banking markets in California.
Average Trading Volume: 999,932
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.67B
For detailed information about CVBF stock, go to TipRanks’ Stock Analysis page.