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CVB Financial Announces Merger with Heritage Commerce

Story Highlights
  • CVB Financial Corp. and Heritage Commerce Corp. are merging to create a $22 billion asset bank in California.
  • The merger expands Citizens Business Bank’s Bay Area presence and is expected to enhance financial performance and growth for stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CVB Financial Announces Merger with Heritage Commerce

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An update from Cvb Financial ( (CVBF) ) is now available.

On December 17, 2025, CVB Financial Corp. announced a merger agreement with Heritage Commerce Corp. that will create a strong California business bank with approximately $22 billion in assets. This all-stock transaction, valued at $811 million, expands Citizens Business Bank’s presence into the Bay Area and offers significant synergies, enhanced geographic coverage, and improved financial performance. The merger has been unanimously approved by both boards and is expected to close in the second quarter of 2026, subject to customary approvals. The combined organization aims to strengthen its relationship-focused banking model, with management expecting accretion to earnings and shared growth opportunities for employees and customers.

The most recent analyst rating on (CVBF) stock is a Buy with a $22.00 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.

Cvb Financial’s strong financial performance and consistent profitability are key strengths, supported by positive technical indicators and reasonable valuation. The earnings call and corporate events further bolster confidence, despite some challenges in revenue growth and market competition.

To see Spark’s full report on CVBF stock, click here.

More about Cvb Financial

CVB Financial Corp. (CVBF) is the parent company of Citizens Business Bank, one of the largest bank holding companies in California, with over $15 billion in total assets. It operates more than 60 banking centers and provides banking, lending, and investing services. Heritage Commerce Corp. (HTBK) is the parent company of Heritage Bank of Commerce, which serves the Bay Area and focuses on commercial and small business loans, cash management, and deposit products.

Average Trading Volume: 822,885

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.74B

For a thorough assessment of CVBF stock, go to TipRanks’ Stock Analysis page.

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