Breaking: CVB Financial Unveils Strong Q4 Performance, Signals Robust Growth for 2024
CVB Financial Corp. Delivers Strong Financial Performance in 2024
CVB Financial Corp. (NASDAQ: CVBF) today announced impressive financial results for the fourth quarter and full year of 2024, showcasing robust earnings and solid financial metrics.
Fourth Quarter Highlights:
- Net Earnings: $51 million
- Earnings Per Share: $0.36
- Return on Average Assets: 1.30%
- Net Interest Margin: 3.18%
Full Year 2024 Achievements:
- Net Earnings: $201 million
- Earnings Per Share: $1.44
- Return on Average Tangible Common Equity: 14.95%
The financial results, announced on January 22, 2025, reflect the continued strength and strategic performance of Citizens Business Bank, demonstrating the company's commitment to delivering value to shareholders.