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Jun 30, 2021
CVB Financial Q2 2021 Earnings Report
Reported earnings for the second quarter of 2021.
Key Takeaways
CVB Financial Corp. reported a net income of $51.2 million for the second quarter of 2021, with diluted earnings per share of $0.38. The company's return on average equity was 10.02%, and the return on average tangible common equity was 15.60%. The annualized return on average assets was 1.35%.
Net earnings of $51.2 million for the second quarter of 2021, or $0.38 per share.
Return on Average Tangible Common Equity of 15.60% for the second quarter of 2021.
Return on Average Assets of 1.35% for the second quarter of 2021.
Second quarter of 2021 included $2.0 million in recapture of provision for credit losses.
CVB Financial
CVB Financial
Forward Guidance
No specific forward guidance was provided in the earnings report.