CVB Financial: Q3 Earnings Snapshot
By AP News
Published - Oct 23, 2024, 05:03 PM ET
Last Updated - Dec 16, 2024, 06:03 PM EST
ONTARIO, Calif. (AP) — ONTARIO, Calif. (AP) — CVB Financial Corp. (CVBF) on Wednesday reported third-quarter profit of $51.2 million.
The Ontario, California-based bank said it had earnings of 37 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The bank holding company posted revenue of $178.6 million in the period. Its revenue net of interest expense was $126.5 million, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $126.6 million.
