CVB Financial Corp. Reports Positive Earnings for 2009 Jan 21, 2010 10:50PM

-- Record net interest income, before provision for credit losses, of $222.3 million -- Net income of $65.4 million for 2009 -- Diluted earnings per common share $0.56 (Reduced by $0.14 due to TARP preferred stock dividends) -- Deposits, including customer repos, grew $1.06 billion over December 31, 2008 -- Allowance for credit losses 3.02% of total CBB loans & leases ONTARIO, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (NASDAQ: CVBF) and its subsidiary, Citizens Business Bank ("the Company"), announced earnings for the year ended December 31, 2009. ...


Cantor Fitzgerald Initiates Coverage on CVB Financial Corp. (CVBF) with a Buy Jan 20, 2010 12:24PM

Cantor Fitzgerald initiates coverage on CVB Financial Corp. (Nasdaq: CVBF) with a Buy rating and a target price of $12.

Cantor analyst says, "We regard CVB Financial as a high-quality, conservative bank with solid management, high levels of capital, good organic growth prospects and an acquisition catalyst. Some regard CVB Financial's credit quality as too ...