Citizens Business Bank Mergers & Acquisitions

Citizens Business Bank M&A Summary

Citizens Business Bank has acquired 9 companies, including 1 in the last 5 years.

Citizens Business Bank’s largest acquisition to date was in 2021, when it acquired Suncrest Bank for $204M. Citizens Business Bank has acquired in 2 different US states. The Company’s most targeted sectors include financial services (100%).

M&A Summary

  • M&A Total Activity9
    • M&A Buy Activity9
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Citizens Business Bank

CVB Financial Corp.

701 North Haven Avenue, Suite 350,
Ontario, California 91764
United States,
(909) 980-4030
www.cbbank.com

All (9) Buy (9) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2021-07-27 Suncrest Bank · Financial Services
Visalia, California · www.suncrestbank.com

Suncrest Bank offers a full range of commercial, small business, and agribusiness loans, cash management services, and personal deposit products throughout the Central Valley of California and the Greater Sacramento Region. Suncrest Bank was formed in 2008 and is based in Visalia, California.

Revenue (mlns) 43 USD
Advisors: MJC Partners , Sheppard Mullin Richter & Hampton
204
4.7x REVENUE
Merger

Citizens Business Bank
Advisors: Manatt, Phelps & Phillips , Piper Sandler & Co.

-

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