CVB Financial (CVBF) Misses Q4 EPS by 1c

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CVB Financial Corp. Reports Record Earnings for the Fourth Quarter and the Year Ended 2022

January 25, 2023 4:51 PM EST

Fourth Quarter 2022 Highlights

Net Earnings of $66.2 million, or $0.47 per share Return on Average Tangible Common Equity of 23.65% Return on average assets of 1.60%Net Interest Margin expands by 0.23% to 3.69% Efficiency Ratio of 36.31%

Full Year 2022 Highlights

Net Earnings grew by 11% to $235.4 millionPretax/Pre-provision income grew by 25%

ONTARIO, Calif., Jan. 25, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) and its subsidiary,... More