IE Business Daily Business news for the Inland Empire.
CVB Financial Corp. in Ontario has announced net income of $50.6 million for the quarter that ended June 3, compared with $51.1 million for the first quarter and $50.0 million year-over-year.
Earnings per share were 36 cents in the second quarter, same as the first quarter and the second quarter of 2024, according to a statement on the company’s website.
CVB Financial is Citizens Business Bank’s holding company. It has had 193 consecutive quarters of profitability, and 143 consecutive quarters of paying cash dividends.
CVB Financial is one of the 10 largest bank holding companies based in California with more than $15 billion in assets. It has three trust office locations and more than 60 banking offices statewide, according to the statement.
