CVB Financial Corp (CVBF) Tops Q2 EPS by 3c

CVB Financial Corp (NASDAQ: CVBF) reported Q2 EPS of $0.24, $0.03 better than the analyst estimate of $0.21.

• Net earnings were $25.5 million for the second quarter of 2014, or $0.24 per diluted share.
• Total loans and leases, net of deferred fees and discount on covered loans, increased by $218.1 million for the quarter, or 6.41%, principally due to the loans acquired from the American Security Bank merger.
• Noninterest-bearing deposits increased by $273.6 million, or 10.17%, for the quarter and totaled $2.96 billion, or 52.62%, of total deposits.

For earnings history and earnings-related data on CVB Financial Corp (CVBF) click here.

You May Also Be Interested In

• Elon Musk’s trillion-dollar meltdown: How SpaceX and Tesla erased $700 billion
• TPU-As-A-Service could boost Google’s 2028 profit by over 15%: Barclays
• Verizon secures $1B+ dark fiber deal with Google