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CVB Financial: Q1 Earnings Snapshot

April 20, 2022 GMT

ONTARIO, Calif. (AP) _ CVB Financial Corp. (CVBF) on Wednesday reported first-quarter earnings of $45.6 million.

The bank, based in Ontario, California, said it had earnings of 31 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share.

The bank holding company posted revenue of $125.4 million in the period. Its revenue net of interest expense was $124.1 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $121 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CVBF at https://www.zacks.com/ap/CVBF