CVB FINANCIAL CORP
For the period ended Jun 30, 2026. Filed Aug 7, 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.
Jun 30, 2026 · Filed Aug 7, 2026
CVBF$22.79-0.7%Stored close · as of Nov 10, 2026
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CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS AND COMPREHENSIVE INCOME
(Dollars in thousands, except per share amounts)
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Interest income | ||||
| Loans and leases, including fees | $159,212 | $108,845 | $272,484 | $217,916 |
| Investment securities: | ||||
| Investment securities available-for-sale | 23,229 | 18,299 | 42,629 | 37,033 |
| Investment securities held-to-maturity | 12,322 | 12,886 | 24,788 | 25,907 |
| Total investment income | 35,551 | 31,185 | 67,417 | 62,940 |
| Dividends from FHLB, FRB, and other stock | 1,227 | 411 | 2,538 | 790 |
| Interest-earning deposits with other institutions | 6,138 | 3,768 | 8,799 | 5,565 |
| Total interest income | 202,128 | 144,209 | 351,238 | 287,211 |
| Interest expense | ||||
| Deposits | 32,119 | 24,829 | 55,171 | 50,151 |
| Borrowings and customer repurchase agreements | 6,707 | 7,401 | 14,679 | 14,201 |
| Subordinated debentures | 639 | — | 639 | — |
| Other | 248 | 371 | 494 | 807 |
| Total interest expense | 39,713 | 32,601 | 70,983 | 65,159 |
| Net interest income before provision for (recapture of) credit losses | 162,415 | 111,608 | 280,255 | 222,052 |
| Provision for (recapture of) credit losses | — | — | 3,000 | (2,000) |
| Net interest income after provision for (recapture of) credit losses | 162,415 | 111,608 | 277,255 | 224,052 |
| Noninterest income | ||||
| Service charges on deposit accounts | 5,336 | 4,959 | 10,153 | 9,867 |
| Trust and investment services | 4,184 | 3,716 | 7,908 | 7,127 |
| Bankcard services | 624 | 647 | 1,291 | 1,277 |
| BOLI income | 3,492 | 3,228 | 6,631 | 6,059 |
| Gain on OREO, net | — | — | — | 2,183 |
| Other | 3,374 | 2,194 | 5,306 | 4,460 |
| Total noninterest income | 17,010 | 14,744 | 31,289 | 30,973 |
| Noninterest expense | ||||
| Salaries and employee benefits | 46,568 | 34,999 | 84,029 | 71,476 |
| Occupancy and equipment | 8,293 | 6,106 | 14,368 | 12,104 |
| Professional services | 3,250 | 2,191 | 5,768 | 4,272 |
| Computer software expense | 6,136 | 4,410 | 10,439 | 8,631 |
| Marketing and promotion | 2,098 | 1,817 | 4,159 | 3,805 |
| Amortization of intangible assets | 3,577 | 1,155 | 4,427 | 2,310 |
| Provision for unfunded loan commitments | 4,250 | — | 4,750 | 500 |
| Acquisition related expenses | 31,400 | — | 32,529 | — |
| Other | 8,806 | 6,879 | 14,477 | 13,603 |
| Total noninterest expense | 114,378 | 57,557 | 174,946 | 116,701 |
| Earnings before income taxes | 65,047 | 68,795 | 133,598 | 138,324 |
| Income tax expense | 16,786 | 18,231 | 34,335 | 36,656 |
| Net earnings | $48,261 | $50,564 | $99,263 | $101,668 |
| Other comprehensive income | ||||
| Unrealized (loss) gain on securities and derivatives arising during the period, before tax | $(4,398) | $15,645 | $(621) | $64,999 |
| Less: Income tax benefit (expense) related to items of other comprehensive income | 1,278 | (6,477) | 180 | (21,067) |
| Other comprehensive (loss) income, net of tax | (3,120) | 9,168 | (441) | 43,932 |
| Comprehensive income | $45,141 | $59,732 | $98,822 | $145,600 |
| Basic earnings per common share | $0.29 | $0.37 | $0.65 | $0.73 |
| Diluted earnings per common share | $0.29 | $0.37 | $0.65 | $0.73 |
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