First Quarter 2024 Net Earnings of $48.6 million, or $0.35 per share Return on Average Assets of 1.21% Return on Average Tangible Common Equity of 15.13% Net Interest Margin of 3.10% ONTARIO, CA, April 24, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended March 31, 2024. CVB Financial C...
ONTARIO, CA, March 20, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the first quarter of 2024. This dividend was approved at the Company's regularly scheduled Board of Directors meeting held on March 20, 2024. The quarterly dividend will be payable on or about April 17, 2024 to shareholders of...
CVB Financial Corp. has seen a 25% decline in its shares since December 2023 due to concerns about the regional bank sector. Despite this, CVB Financial had its second most profitable year in 2023 and has been consistently profitable since 1977. The bank has a conservative approach, targeting privately held businesses in California, but its high exposure to commercial real estate is a concern.
Fourth Quarter 2023 Net Earnings of $48.5 million, or $0.35 per share FDIC Special Assessment of $9.2 million ($0.04 decrease in EPS) Full Year 2023 Net Earnings of $221.4 million, or $1.59 per share Efficiency Ratio of 42.0% Return on Average Assets of 1.35% Return on Average Tangible Common Equity of 18.48% ONTARIO, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) a...
ONTARIO, CA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the fourth quarter of 2023. This dividend was approved at the Company's regularly scheduled Board of Directors meeting held on December 20, 2023. The quarterly dividend will be payable on or about January 22, 2024 to sharehold...
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