CVB Financial Corp Completes All-Stock Merger with Heritage Commerce Corp

April 28, 2026

CVB Financial Corp. (CVBF) completed its planned all-stock merger with Heritage Commerce Corp. (HTBK) on April 17, 2026, along with the merger of Citizens Business Bank and Heritage Bank of Commerce. The combined institution expands Citizens’ footprint with 16 Bay Area branches and is expected to surpass $20 billion in assets.

Buyers
CVB Financial Corp., Citizens Business Bank, National Association
Targets
Heritage Commerce Corp., Heritage Bank of Commerce
Location
California, United States
Transaction Type
Buyout

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