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CVB Financial Corp. beat Q4 earnings expectations, reporting $0.36 per share, and announced a dividend and share buyback.
CVB Financial Corp., a bank in California, reported fourth-quarter earnings of $50.9 million, or $0.36 per share, beating analysts' expectations of $0.34 per share.
The company's annual earnings were $200.7 million, or $1.44 per share.
Despite a slight decrease in loans, deposits grew by $150 million, and the company announced a $0.20 quarterly dividend and a 10 million share repurchase program.
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CVB Financial Corp. superó las expectativas de ganancias Q4, reportando $0.36 por acción, y anunció un dividendo y recompra de acciones.