Heritage Commerce Acquired by CVB Financial | Financial Services M&A Deal

CVB Financial has completed the acquisition of Heritage Commerce, a banking business in California, for $700,000. Heritage Commerce operates a community banking platform serving customers through Heritage Bank of Commerce, supporting lending and deposit services that strengthen CVB Financial’s regional footprint. CVB Financial acquisitions in financial services M&A expand capabilities and customer reach through merger acquisition and strategic acquisition of Heritage Commerce. The strategic acquisition is structured as a merger acquisition, with CVB Financial as a strategic buyer and an announced closing timeline tied to the merger agreement terms.