ONTARIO, Calif. (AP) — ONTARIO, Calif. (AP) — CVB Financial Corp. (CVBF) on Wednesday reported second-quarter net income of $50.6 million.
The bank, based in Ontario, California, said it had earnings of 36 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.
The bank holding company posted revenue of $159 million in the period. Its revenue net of interest expense was $126.4 million, falling short of Street forecasts.
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