CVB Financial (CVBF) Reports In-Line Q2 EPS

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CVB Financial Corp. Reports Second Quarter Earnings for 2015

July 22, 2015 5:38 PM EDT

Net earnings were $26.8 million for the second quarter of 2015, or $0.25 per diluted share, the second highest on record. Total loans and leases, net of deferred fees and discount, increased by $68.2 million for the quarter, or 1.84%. The allowance for loan losses was $59.6 million at quarter-end, or 1.57% of total loans. Noninterest-bearing deposits increased by $123.6 million, or 3.95%, for the quarter and totaled $3.25 billion, or 54.23% of total deposits.

ONTARIO, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (NASDAQ: CVBF)... More