For the year ending 2025-12-31.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue from contract with customer, including assessed tax-Deposit Account | 19,460 | - | ||
| Revenue from contract with customer, including assessed tax-Fiduciary And Trust | 15,033 | - | ||
| Revenue from contract with customer, including assessed tax-Credit Card | 2,707 | - | ||
| Boli income | 11,467 | 12,420 | ||
| Loss on sale of investment securities | -10,970 | -28,317 | ||
| Gain on other real estate owned ('oreo'), net | 2,296 | - | ||
| Revenue from contract with customer, including assessed tax | - | 34,099 | ||
| Gain on sale leaseback transactions | 0 | 25,900 | ||
| Other | 15,178 | 8,720 | ||
| Total noninterest income | 55,171 | 54,474 | ||
| Loans and leases, including fees | 446,156 | 455,755 | ||
| Investment securities available-for-sale | 75,962 | 80,890 | ||
| Investment securities held-to-maturity | 51,368 | 53,151 | ||
| Total investment income | 127,330 | 134,041 | ||
| Dividends from fhlb stock | 1,706 | 1,551 | ||
| Interest-earning deposits with other institutions | 18,109 | 38,765 | ||
| Total interest income | 593,301 | 630,112 | ||
| Deposits | 101,294 | 105,483 | ||
| Borrowings and customer repurchase agreements | 30,317 | 76,709 | ||
| Other | 1,403 | 573 | ||
| Total interest expense | 133,014 | 182,765 | ||
| Net interest income before (recapture of) provision for credit losses | 460,287 | 447,347 | ||
| (recapture of) provision for credit losses | -3,500 | -3,000 | ||
| Net interest income after (recapture of) provision for credit losses | 463,787 | 450,347 | ||
| Salaries and employee benefits | 144,457 | 144,472 | ||
| Occupancy and equipment | 23,819 | 23,407 | ||
| Professional services | 9,248 | 10,482 | ||
| (recapture of) provision for unfunded loan commitments | - | 1,250 | ||
| Computer software expense | 17,148 | 15,301 | ||
| Marketing and promotion | 6,882 | 7,307 | ||
| Amortization of intangible assets | 4,193 | 5,324 | ||
| Provision for (recapture of) unfunded loan commitments | 2,000 | - | ||
| Acquisition related expenses | 1,556 | - | ||
| Other | 27,962 | 28,540 | ||
| Total noninterest expense | 237,265 | 233,583 | ||
| Earnings before income taxes | 281,693 | 271,238 | ||
| Income taxes | 72,395 | 70,522 | ||
| Net earnings | 209,298 | 200,716 | ||
| Unrealized gain on securities and derivatives during the period, before tax | 122,094 | 16,371 | ||
| Less income tax expense related to items of other comprehensive income | 37,684 | 4,866 | ||
| Other comprehensive income, net of tax | 84,410 | 11,505 | ||
| Comprehensive income | 293,708 | 212,221 | ||
| Basic EPS | 1.52 | 1.44 | ||
| Diluted EPS | 1.52 | 1.44 | ||
| Basic Average Shares | 136,757,000 | 138,415,000 | ||
| Diluted Average Shares | 137,050,000 | 138,579,000 | ||
CVB FINANCIAL CORP (CVBF)
CVB FINANCIAL CORP (CVBF)