CVB Financial Corp. (CVBF) said on Wednesday that it has received preliminary approval to participate in the U.S. Department of Treasury's Capital Purchase Program. Under this program, the U.S. Treasury is purchasing senior preferred shares in qualifying financial institutions to encourage them to build capital to increase the flow of financing to U.S. businesses and consumers and support the U.S. economy.
Through the Company's participation in this program, the U.S. Treasury will invest up to $130 million in senior preferred shares of CVB Financial Corp. and receive warrants on standardized terms as described in the program's term sheet available at the U.S. Treasury's website.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.