CVB FINANCIAL CORP
For the period ended Mar 31, 2026. Filed May 8, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 8, 2026
CVBF$22.79-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in thousands)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2026 | 2025 | |
| Cash Flows from Operating Activities | ||
| Interest and dividends received | $153,559 | $148,887 |
| Service charges and other fees received | 11,091 | 10,966 |
| Interest paid | (31,787) | (33,242) |
| Net cash paid to vendors, employees and others | (68,104) | (84,709) |
| Income taxes paid, net | (2,368) | (24) |
| Net cash provided by operating activities | 62,391 | 41,878 |
| Cash Flows from Investing Activities | ||
| Net change in interest-earning balances from depository institutions | 8,127 | (2,971) |
| Proceeds from repayment and maturity of investment securities available-for-sale | 90,559 | 65,507 |
| Proceeds from repayment and maturity of investment securities held-to-maturity | 20,488 | 19,169 |
| Purchases of investment securities held-to-maturity | (1,114) | (1,700) |
| Net increase in equity investments | (6,924) | (1,679) |
| Net decrease in loan and lease finance receivables | 56,430 | 173,174 |
| Purchase of premises and equipment | (1,145) | (679) |
| Proceeds from BOLI death benefit | — | 901 |
| Proceeds from sales of OREO | — | 21,348 |
| Net cash provided by investing activities | 166,421 | 273,070 |
| Cash Flows from Financing Activities | ||
| Net (decrease) increase in other deposits | (94,468) | 53,311 |
| Net decrease in time deposits | (32,290) | (11,771) |
| Net increase in customer repurchase agreements | 3,656 | 14,276 |
| Cash dividends on common stock | (27,110) | (27,938) |
| Repurchase of common stock and restricted stock | (3,080) | (18,687) |
| Proceeds from exercise of stock options | 477 | 252 |
| Net cash (used in) provided by financing activities | (152,815) | 9,443 |
| Net increase in cash and cash equivalents | 75,997 | 324,391 |
| Cash and cash equivalents, beginning of period | 376,389 | 204,698 |
| Cash and cash equivalents, end of period | $452,386 | $529,089 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)
(Dollars in thousands)
| Three Months Ended | ||
|---|---|---|
| March 31, | ||
| 2026 | 2025 | |
| Reconciliation of Net Earnings to Net Cash Provided by Operating Activities | ||
| Net earnings | $51,002 | $51,104 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | ||
| Gain on sale of other real estate owned | — | (2,045) |
| Increase in BOLI | (3,139) | (2,831) |
| Net amortization of premiums and discounts on investment securities | 3,908 | 3,878 |
| Accretion of discount for acquired loans, net | (569) | (674) |
| Provision for (recapture of) credit losses | 3,000 | (2,000) |
| Provision for unfunded loan commitments | 500 | 500 |
| Stock-based compensation | 2,176 | 2,523 |
| Depreciation and amortization, net | 4,530 | 4,820 |
| Change in other assets and liabilities | 983 | (13,397) |
| Total adjustments | 11,389 | (9,226) |
| Net cash provided by operating activities | $62,391 | $41,878 |
| Supplemental Disclosure of Non-cash Investing Activities | ||
| Transfer of loans to other real estate owned | $43 | $495 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.