CVB Financial (CVBF) Reports Q4 EPS of 16c

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Go back to CVB Financial (CVBF) Reports Q4 EPS of 16c

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

January 24, 2018 5:39 PM EST

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.... More