CVB Financial reports Q1 EPS 35c, consensus 35c

Reports Q1 NII $112.5M vs. $125.7M last year. Reports Q1 net interest margin 3.10% vs. 3.45% last year. CEO David Brager commented, “Citizens Business Bank continues to perform consistently in a challenging operating environment. Our solid financial performance is highlighted by our 188 consecutive quarters of profitability and 138 consecutive quarters of paying cash dividends. We remain focused on our mission of banking the best small to medium sized businesses and their owners, through all economic cycles. I would like to thank our customers and associates for their commitment and loyalty.”