A little more than 395,000 square feet of office space was absorbed in the Inland Empire during the first nine months of this year, according to data released this week. That activity was divided almost equally between the east and west end, according to CBRE’s third-quarter report on the Inland …
Read More »CVB Financial has record quarter
CVB Financial Corp., the parent company of Citizens Business Bank, has announced record earnings for the third quarter. The Ontario-based financial institution had a net income of $38.6 million for the quarter that ended Sept. 30, an increase of $8.9 billion year over year, according to a statement. Average earnings …
Read More »Inland school rated good for veterans
Norco College is apparently a good place to go to school if you’re a veteran. For the fourth time in five years, the school has been ranked “Best For Vets” by Military Times, an online publication that covers all branches of the U.S. armed forces. Nationwide, Norco College ranked 12th …
Read More »Financial Ratios- The Tools of Bank Loan Underwriting
By Eugene E. Valdez AKA The Loan Doctor When commercial banks underwrite commercial loans they look at a myriad of factors including but not limited to: a CEO’s management ability, past and future industry trends, a CEO’s business model, the value proposition, sales and earnings trends, EBITDAS, strength of the …
Read More »Homeless conference to be held
The San Bernardino County Homeless Partnership will host its 11th annual Homeless Summit next month. The one-day event, to be held in collaboration with the county Office of Homeless Services, is scheduled to be held Nov. 14 at the Ontario Airport Hotel, 700 N. Haven Ave., according to a statement. …
Read More »Bank reports strong year so far
AltaPacific Bancorp has reported $3.7 million in net income for the first nine months of this year and $1.3 million for the third quarter. That worked out to 63 cents and 23 cents per share, respectively, according to the quarterly report the bank released Monday. AltaPacific’s total assets were $431.1 …
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