CVB Financial: Q2 Earnings Snapshot

July 20, 2022 GMT

ONTARIO, Calif. (AP) _ CVB Financial Corp. (CVBF) on Wednesday reported second-quarter profit of $59.1 million.

The Ontario, California-based bank said it had earnings of 42 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The bank holding company posted revenue of $137.9 million in the period. Its revenue net of interest expense was $136.6 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $129.6 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