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Stock impact report

CVB Financial Corp. Reports Earnings for the Fourth Quarter and Record Earnings for the Year Ended 2017

CVB Financial Corporation (CVBF) 
Last cvb financial corporation earnings: 4/22 04:50 pm Check Earnings Report
Company Research Source: Business Wire
Net earnings were $17.9 million for the fourth quarter of 2017, or $0.16 per share. Full year net earnings were $104.4 million, or $0.95 per share, for the year ended 2017. Income tax expense included a one-time charge of $13.2 million due to the Tax Cuts and Jobs Act of 2017. Excluding the tax effect of the $13.2 million, earnings were $31.1 million, for the fourth quarter of 2017, or $0.28 per share, and were $117.6 million, or $1.07 per share, for the year ended 2017. ONTARIO, Calif.--(BUSINESS WIRE)-- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (“the Company”), announced earnings for the quarter and year ended December 31, 2017. CVB Financial Corp. reported net income of $17.9 million for the quarter ended December 31, 2017, compared with $29.7 million for the third quarter of 2017 and $27. Show less Read more
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