IE Business Daily Business news for the Inland Empire.
CVB Financial Corp. in Ontario has reported net income of $51.1 million for the first quarter of this year, essentially unchanged from the fourth quarter of 2024 but up $2.5 million year-over-year.
Earnings per share were 36 cents for the first quarter, unchanged from the last quarter of 2024 and up one cent from the first quarter of 2024, the company reported in a statement.
CVB Financial’s shareholders have now received a cash dividend for 142 consecutive quarters.
CVB Financial Corp. is the holding company for Citizens Business Bank. It is one of the 10 largest bank holding companies based in California, with more than $15 billion in total assets. Citizens Business Bank has more than 60 bank offices, and three trust offices in California, according to the statement.
