04/01/2026 | Press release | Distributed by Public on 04/01/2026 15:28
Item 8.01. Other Events.
As of April 1, 2026, Heritage Commerce Corp ("Heritage") and CVB Financial Corp. ("CVBF") have received all requisite regulatory approvals for the previously announced merger of Heritage with and into CVBF (the "Merger"), and Heritage Bank of Commerce, Heritage's wholly-owned subsidiary, with and into Citizens Business Bank, CVBF's wholly-owned subsidiary (together with the Merger, the "Mergers"), pursuant to the Agreement and Plan of Reorganization and Merger, dated as of December 17, 2025, by and between Heritage and CVBF (the "Merger Agreement"). The closing of the Mergers is presently expected to occur on April 17, 2026, subject to the satisfaction or waiver of the remaining closing conditions set forth in the Merger Agreement.