CVB Financial Corp. Announces 122nd Consecutive Cash Dividend

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CVB Financial Corp. (NASDAQ: CVBF) announced an eighteen cent ($0.18) per share cash dividend with respect to the first quarter of 2020. The dividend was approved at the regularly scheduled Board of Directors meeting held on March 25, 2020. The dividend will be payable on or about April 22, 2020 to shareholders of record as of April 8, 2020.

The Companys strong levels of capital and liquidity, combined with its history of 171 consecutive quarters of profitability, has allowed us to pay cash dividends to our shareholders for 122 consecutive quarters, said David A. Brager, Chief Executive Officer.

Corporate Overview

CVB Financial Corp. (CVBF) is the holding company for Citizens Business Bank. CVBF is one of the 10 largest bank holding companies headquartered in California with over $11 billion in total assets. Citizens Business Bank is consistently recognized as one of the top performing banks in the nation and offers a wide array of banking, lending and investing services through 58 banking centers and 3 trust office locations serving the Inland Empire, Los Angeles County, Orange County, San Diego County, Ventura County, Santa Barbara County, and the Central Valley area of California.

Shares of CVB Financial Corp. common stock are listed on the NASDAQ under the ticker symbol CVBF. For investor information on CVBF, visit our Citizens Business Bank website at www.cbbank.com and click on the Investors tab.

David A. Brager

Chief Executive Officer

(909) 980-4030