IE Business Daily Business news for the Inland Empire.
CVB Financial Corp. has announced net income of $51.2 million for the quarter ended September 30, 2024.
That was up $50 million during the second quarter of this year, but down $6.7 million year-over-year, the Ontario-based financial institution reported Nov. 1.
Earnings per share were 37 cents for the third quarter, compared to 36 for the prior quarter and 42 cents for the third quarter of 2024.
CVB Financial has turned a profit for 190 consecutive quarters.
“We are pleased with our third quarter results,” said David Brager, president of CVB Financial, in the statement. “The bank continues to execute on our strategy of banking the best small to medium sized businesses in the markets we serve.”
