Manatt Represents CVB Financial Corp. in Merger with Heritage Commerce Corp

A Manatt team led by Financial Services leader , Corporate and Finance Partner and Tax Partner represented CVB Financial Corp. (Nasdaq: CVBF) in their merger agreement with Heritage Commerce Corp. (Nasdaq: HTBK). The merger also includes Citizens Business Bank National Association and Heritage Bank of Commerce.

CVB Financial will acquire Heritage in an all-stock transaction valued at approximately $811 million, or $13.00 per HTBK share.

The merger is Citizens’ most strategic acquisition and largest by asset size, expanding Citizens’ presence in the Bay Area and providing the company with comprehensive geographic coverage of all major business banking markets in California.

The proposed merger is expected to close in the second quarter of 2026, creating a bank with approximately $22 billion in assets and more than 75 offices and branches.

The Manatt team also included Partners , , , and , Special Counsel , Associates and , as well as Sandra Zapf.

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