CVB Financial (CVBF) Misses Q1 EPS by 3c

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CVB Financial Corp. Reports First Quarter Earnings for 2016

April 20, 2016 4:42 PM EDT

Net earnings were $23.4 million for the first quarter of 2016, or $0.22 per share. Total loans and leases, net of deferred fees and discounts, increased by $156.5 million for the quarter, or 3.90%. Noninterest-bearing deposits totaled $3.35 billion, or 53.93% of total deposits.

ONTARIO, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (NASDAQ: CVBF) and its subsidiary, Citizens Business Bank (the Company), announced earnings for the quarter ended March 31, 2016.

CVB Financial Corp. reported net income of $23.4 million for the quarter ended March 31, 2016, compared... More