IE Business Daily Business news for the Inland Empire.
CVB Financial Corp., the parent company of Citizens Business Bank, reported earnings for the second quarter of this year.
That was essentially unchanged compared with the first quarter of this year, but a $2.9 million increase year over year, according to data released Thursday by the Ontario-based financial institution.
Earnings per share were 26 cents during the second quarter, same as the first quarter but up three cents year over year.
Chris Myers, president and chief executive officer of Citizens Business Bank, declared himself “very pleased” with the CVB Financial’s performance during the first half of 2017.
“Despite substantial expenses … we still achieved record earnings compared to the first six months of any prior calendar year,” Myers said in a statement.
