CVB Financial (CVBF) Tops Q1 EPS by 1c

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CVB Financial Corp. Reports Earnings for the First Quarter 2022

April 20, 2022 4:45 PM EDT

Net Earnings of $45.6 million, or $0.31 per share for First QuarterAssets total $17.54 billion as acquisition of Suncrest Bank completed on January 7, 2022Quarterly annualized core loan growth of 8%Net Interest Margin expands to 2.90%

ONTARIO, Calif., April 20, 2022 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) and its subsidiary, Citizens Business Bank (the Company), announced earnings for the quarter ended March 31, 2022.

CVB Financial Corp. reported net income of $45.6 million for the quarter ended March 31, 2022, compared with $47.7 million for the... More