CVB Financial Completes Merger with Heritage Commerce

CVB Financial has completed the acquisition of Heritage Commerce, a banking business in California, for $20 billion. CVB Financial acquisitions expand Citizens Business Bank’s commercial banking footprint by bringing Heritage’s relationship-focused business banking platform into the Bay Area. The Heritage Commerce acquisition increases Citizens’ total assets to more than $20 billion, with loans rising to about $12 billion and deposits and customer repurchase agreements reaching roughly $17 billion. The merger acquisition is an all-stock strategic acquisition completed April 17, 2026, with HTBK merged into CVB Financial and HBC merged into Citizens Business Bank.