CVB Financial (CVBF) Tops Q2 EPS by 5c

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CVB Financial Corp. Reports Earnings for the Second Quarter of 2020

July 22, 2020 4:45 PM EDT

173rd Consecutive Quarter of Profitability Net Earnings of $41.6 million for the second quarter of 2020, or $0.31 per share Return on Average Tangible Common Equity of 13.80% for the second quarter of 2020 TCE Ratio of 9.6%, CET1 Ratio of 14.5% and Total Risk-based Capital Ratio of 16.0% Growth in Noninterest-bearing Deposits of $1.65 billion or 31% year-over-year $1.1 billion in loans under SBAs Paycheck Protection Program (PPP)

ONTARIO, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (NASDAQ: CVBF) and its subsidiary, Citizens Business Bank (the Company),... More