CVB FINANCIAL CORP (CVBF)
2025-06-30 | 2024-09-30 | |||
---|---|---|---|---|
Revenue from contract with customer, including assessed tax-Credit Card | 647 | - | ||
Revenue from contract with customer, including assessed tax-Fiduciary And Trust | 3,716 | - | ||
Revenue from contract with customer, including assessed tax-Deposit Account | 4,959 | - | ||
Other | 2,194 | 2,771 | ||
Gain on oreo, net | - | - | ||
Boli income | 3,228 | 3,499 | ||
Loss on sale of investment securities | - | -11,582 | ||
Service charges on deposit accounts | - | 8,685 | ||
Gain on sale leaseback transactions | - | 9,106 | ||
Total noninterest income | 14,744 | 12,834 | ||
Professional services | 2,191 | 2,855 | ||
Other | 6,879 | 6,723 | ||
Occupancy and equipment | 6,106 | 6,204 | ||
Marketing and promotion | 1,817 | 1,964 | ||
Salaries and employee benefits | 34,999 | 36,647 | ||
Amortization of intangible assets | 1,155 | 1,286 | ||
Provision for (recapture of) unfunded loan commitments | - | -750 | ||
Computer software expense | 4,410 | 3,906 | ||
Total noninterest expense | 57,557 | 58,835 | ||
Other | 371 | - | ||
Deposits | 24,829 | 29,821 | ||
Borrowings and customer repurchase agreements | 7,401 | 22,312 | ||
Total interest expense | 32,601 | 52,133 | ||
Investment securities held-to-maturity | 12,886 | 13,284 | ||
Investment securities available-for-sale | 18,299 | 20,178 | ||
Total investment income | 31,185 | 33,462 | ||
Loans and leases, including fees | 108,845 | 114,929 | ||
Dividends from fhlb stock | 411 | 375 | ||
Interest-earning deposits with other institutions | 3,768 | 16,986 | ||
Total interest income | 144,209 | 165,752 | ||
Net interest income before provision for (recapture of) credit losses | 111,608 | 113,619 | ||
Provision for (recapture of) credit losses | - | - | ||
Net interest income after provision for (recapture of) credit losses | 111,608 | 113,619 | ||
Earnings before income taxes | 68,795 | 67,618 | ||
Income taxes | 18,231 | 16,394 | ||
Net earnings | 50,564 | 51,224 | ||
Less income tax (expense) benefit related to items of other comprehensive income | 6,477 | 25,290 | ||
Unrealized gain (loss) on securities arising during the period, before tax | 15,645 | 84,789 | ||
Other comprehensive income (loss), net of tax | 9,168 | 59,499 | ||
Comprehensive income (loss) | 59,732 | 110,723 | ||
Diluted earnings per common share | 0.37 | 0.37 | ||
Diluted weighted average shares outstanding | 137,173,000 | 138,839,000 | ||
Earnings per share, basic, total | 0.37 | 0.37 | ||
Weighted average number of shares outstanding, basic, total | 136,999,000 | 138,650,000 |