CVB FINANCIAL CORP
For the period ended Sep 30, 2026. Filed Nov 6, 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.
Sep 30, 2026 · Filed Nov 6, 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)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2026 | 2025 | |
| Cash Flows from Operating Activities | ||
| Interest and dividends received | $555,792 | $448,182 |
| Service charges and other fees received | 37,573 | 39,913 |
| Interest paid | (110,031) | (100,097) |
| Net cash paid to vendors, employees and others | (197,068) | (186,336) |
| Proceeds from sales of loans held for sale | 327,450 | — |
| Income taxes paid, net | (23,623) | (25,134) |
| Net cash provided by operating activities | 590,093 | 176,528 |
| Cash Flows from Investing Activities | ||
| Net change in FHLB, FRB, and other stock | 6,597 | — |
| Net change in interest-earning balances from depository institutions | 12,574 | (12,683) |
| Proceeds from repayment and maturity of investment securities available-for-sale | 351,283 | 244,205 |
| Proceeds from repayment and maturity of investment securities held-to-maturity | 75,453 | 78,856 |
| Proceeds from sale of investment securities available-for-sale | 488,210 | 65,464 |
| Purchases of investment securities available-for-sale | (796,902) | (243,946) |
| Purchases of investment securities held-to-maturity | (9,307) | (6,230) |
| Net increase in equity investments | (35,061) | (48,045) |
| Net (increase) decrease in loan and lease finance receivables | (259,139) | 69,018 |
| Purchase of premises and equipment | (3,719) | (2,365) |
| Proceeds from BOLI death benefit | 1,176 | 2,340 |
| Proceeds from sales of OREO | 72 | 21,348 |
| Cash acquired from acquisition, net of cash paid | 542,651 | — |
| Net cash provided by investing activities | 373,888 | 167,962 |
| Cash Flows from Financing Activities | ||
| Net (decrease) increase in other deposits | (552,317) | 167,686 |
| Net (decrease) increase in time deposits | (541,951) | 8,172 |
| Repayment of long-term FHLB advances | (300,000) | — |
| Net change in short-term FHLB borrowings | 340,000 | — |
| Net increase in customer repurchase agreements | 81,283 | 189,371 |
| Cash dividends on common stock | (89,685) | (83,490) |
| Repurchase of common stock and restricted stock | (22,719) | (47,359) |
| Proceeds from exercise of stock options | 1,081 | 352 |
| Net cash (used in) provided by financing activities | (1,084,308) | 234,732 |
| Net (decrease) increase in cash and cash equivalents | (120,327) | 579,222 |
| Cash and cash equivalents, beginning of period | 376,389 | 204,698 |
| Cash and cash equivalents, end of period | $256,062 | $783,920 |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued)
(Dollars in thousands)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2026 | 2025 | |
| Reconciliation of Net Earnings to Net Cash Provided by Operating Activities | ||
| Net earnings | $177,361 | $154,254 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | ||
| Gain on sale of other real estate owned | 134 | (2,045) |
| Increase in BOLI | (10,926) | (9,326) |
| Net amortization of premiums and discounts on investment securities | 8,653 | 11,847 |
| Loss on sale of AFS securities | — | 8,185 |
| Accretion of discount for acquired loans, net | (7,082) | (1,823) |
| Provision for (recapture of) credit losses | 2,000 | (1,000) |
| Provision for unfunded loan commitments | 4,750 | 1,000 |
| Stock-based compensation | 4,683 | 7,320 |
| Depreciation, amortization and accretion, net | 20,224 | 12,342 |
| Proceeds from sales of loans held for sale | 327,450 | — |
| Change in other assets and liabilities | 62,846 | (4,226) |
| Total adjustments | 412,732 | 22,274 |
| Net cash provided by operating activities | $590,093 | $176,528 |
| Supplemental Disclosure of Non-cash Investing Activities | ||
| Transfer of loans to other real estate owned | $43 | $661 |
| Business Combination: | ||
| Fair value of tangible assets acquired | 5,288,984 | — |
| Goodwill and intangibles | 450,694 | — |
| Fair value of liabilities assumed | 4,894,181 | — |
| Issuance of common stock for acquisition | 840,173 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.