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CVB Financial Corp. Reports Earnings for the Second Quarter 2024
CVBFCVB Financial (CVBF) Newsfilter·2024-07-24 20:45

Net Earnings of 50million,or50 million, or 0.36 per share Return on Average Assets of 1.24% Return on Average Tangible Common Equity of 15.51% Net Interest Margin of 3.05% CVB Financial Corp. reported net income of 50.0millionforthequarterendedJune30,2024,comparedwith50.0 million for the quarter ended June 30, 2024, compared with 48.6 million for the first quarter of 2024 and 55.8millionforthesecondquarterof2023.Dilutedearningspersharewere55.8 million for the second quarter of 2023. Diluted earnings per share were 0.36 for the second quarter, compared to 0.35forthepriorquarterand0.35 for the prior quarter and 0.40 for the same period last year. Net i ...