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Dec 31, 2020
CVB Financial Q4 2020 Earnings Report
CVB Financial Corp.'s earnings for Q4 2020 and the year ended 2020 were announced, with net income of $50.1 million, or $0.37 per share, for the quarter and $177.2 million, or $1.30 per share, for the year.
Key Takeaways
CVB Financial Corp. reported a net income of $50.1 million for Q4 2020, with diluted earnings per share of $0.37. The quarter did not include a provision for credit losses. Deposit growth was significant, with a 35% year-over-year increase.
Net earnings for Q4 2020 were $50.1 million, or $0.37 per share.
2020 net earnings reached $177.2 million, or $1.30 per share.
Deposits grew by $3.03 billion, a 35% increase year-over-year.
The company achieved its 175th consecutive quarter of profitability.
CVB Financial
CVB Financial
Forward Guidance
The document does not contain any forward guidance.