Earnings summaries and quarterly performance for CVB FINANCIAL.
Executive leadership at CVB FINANCIAL.
David Brager
Detailed
President and Chief Executive Officer
CEO
AN
Allen Nicholson
Detailed
Executive Vice President and Chief Financial Officer
DF
David Farnsworth
Detailed
Executive Vice President, Chief Credit Officer
DH
David Harvey
Detailed
Executive Vice President, Chief Operating Officer
RW
Richard Wohl
Detailed
Executive Vice President, General Counsel
YD
Yamynn DeAngelis
Detailed
Executive Vice President, Chief Risk Officer
Board of directors at CVB FINANCIAL.
Research analysts who have asked questions during CVB FINANCIAL earnings calls.
Andrew Terrell
Stephens Inc.
11 questions for CVBF
Also covers: AVBH, BANC, BANR +18 more
GT
Gary Tenner
D.A. Davidson & Co.
10 questions for CVBF
Also covers: ABCB, AVBH, AX +20 more
David Feaster
Raymond James
9 questions for CVBF
Also covers: ABCB, ALRS, AX +20 more
KM
Kelly Motta
Keefe, Bruyette & Woods
9 questions for CVBF
Also covers: AX, BANR, BOH +20 more
MC
Matthew Clark
Piper Sandler
9 questions for CVBF
Also covers: AVBH, BANC, BANR +24 more
AB
Adam Butler
Piper Sandler
2 questions for CVBF
Also covers: BMRC, CATY, FFWM +2 more
Charlie Driscoll
Keefe, Bruyette & Woods
2 questions for CVBF
Also covers: FCF, FHB, HFWA +3 more
Liam Coohill
Raymond James
2 questions for CVBF
Also covers: FFWM, FHB, FSBC +2 more
TC
Tim Coffey
Janney Montgomery Scott
2 questions for CVBF
Also covers: BMRC, GBFH, PFBC +2 more
TC
Timothy Coffey
Janney Montgomery Scott LLC
2 questions for CVBF
Also covers: AVBH, BANC, BANR +11 more
AH
Ahmad Hasan
D.A. Davidson & Co.
1 question for CVBF
Also covers: EWBC, HAFC, HOPE +2 more
Recent press releases and 8-K filings for CVBF.
Heritage Commerce Corp Reports Strong Q4 and Full Year 2025 Results, Announces Merger with CVB Financial Corp.
CVBF
Earnings
M&A
- Heritage Commerce Corp reported strong financial results for the fourth quarter and full year ended December 31, 2025, with adjusted diluted EPS increasing 17% to $0.28 for Q4 2025 and 38% to $0.91 for the full year 2025, compared to the prior year.
- The company achieved significant growth in key performance metrics, including a 3.72% FTE Net Interest Margin for Q4 2025 and a 1.18% adjusted Return on Average Assets for the same period.
- Heritage Commerce Corp announced a definitive merger agreement with CVB Financial Corp. (Citizens Business Bank) on December 17, 2025, in an all-stock transaction valued at approximately $811 million, or $13.00 per HTBK share.
- The merger is expected to close in the second quarter of 2026 and will create a top-performing California business bank with approximately $22 billion in assets.
Jan 22, 2026, 9:30 PM
CVB Financial Corp. Announces Q4 and Full-Year 2025 Results and Provides Acquisition Update
CVBF
Earnings
M&A
Guidance Update
- CVB Financial Corp. (CVBF) reported Net Income of $55 million and Diluted EPS of $0.40 for Q4 2025, with full-year 2025 Net Income reaching $209,298 thousand and Diluted EPS of $1.52.
- As of December 31, 2025, CVBF's balance sheet included Total Assets of $15.6 Billion, Gross Loans of $8.7 Billion, and Total Deposits (Including Repos) of $12.6 Billion.
- Key performance ratios for Q4 2025 were a Return on Average Tangible Common Equity (ROATCE) of 14.41%, a Net Interest Margin (NIM) of 3.49%, and an Efficiency Ratio of 46.3%.
- The company maintained a strong capital position with a CET1 Ratio of 15.9% and a Tangible Common Equity Ratio of 10.3% as of December 31, 2025.
- CVBF anticipates closing the acquisition of Heritage Bank of Commerce in Q2 2026, which is projected to result in pro forma assets of $21.7 billion and deposits of $17.2 billion, with estimated 35% cost savings of Heritage Commerce's 2027E operating noninterest expense.
Jan 22, 2026, 3:30 PM
CVB Financial Corp. Reports Strong Q4 2025 Earnings and Loan Growth, Progresses on Merger
CVBF
Earnings
M&A
Share Buyback
Jan 22, 2026, 3:30 PM
CVB Financial Corporation Reports Strong Q4 2025 Results and Provides Merger Update
CVBF
Earnings
M&A
Share Buyback
- CVB Financial Corporation reported net earnings of $55 million, or $0.40 per share, for the fourth quarter of 2025, marking its 195th consecutive quarter of profitability.
- Total loans grew by $228 million, or 2.7%, quarter-over-quarter to $8.7 billion at December 31, 2025.
- Asset quality improved significantly, with total non-performing and delinquent loans decreasing by $20 million to $8 million, primarily due to a $20 million non-performing loan being paid in full.
- The company declared a $0.20 per share dividend for Q4 2025 and repurchased 1.96 million shares of common stock at an average price of $18.80 during the quarter.
- The pending merger with Heritage Bank of Commerce is progressing, with a second quarter close and systems conversion anticipated.
Jan 22, 2026, 3:30 PM
CVB Financial Corp. Reports Strong Q4 2025 Earnings and Provides Merger Update
CVBF
Earnings
M&A
Share Buyback
- CVB Financial Corp. (CVBF) reported net earnings of $55 million or $0.40 per share for the fourth quarter of 2025, an increase from $52.6 million or $0.38 per share in the third quarter of 2025.
- Net interest income grew by 6% quarter-over-quarter to $122.7 million in Q4 2025, and total loans increased by 2.7% from the end of Q3 2025 to $8.7 billion at December 31, 2025.
- The company repurchased 1.96 million shares of common stock during Q4 2025 at an average price of $18.80, bringing the total repurchases for 2025 to 4.3 million shares.
- The pending merger with Heritage Bank of Commerce is progressing as planned, with a second-quarter 2026 close and systems conversion anticipated. Post-merger, CVBF plans to sell approximately $400 million of single-family loans from Heritage.
Jan 22, 2026, 3:30 PM
CVB Financial Corp. Reports Q4 and Full Year 2025 Results and Provides Merger Update
CVBF
Earnings
M&A
- CVB Financial Corp. reported net income of $55 million and diluted earnings per common share of $0.40 for Q4 2025.
- For the full year 2025, the company achieved net income of $209,298 thousand and diluted earnings per common share of $1.52.
- As of December 31, 2025, CVBF's total assets were $15.6 billion, total deposits (including repos) were $12.6 billion, and total equity was $2.3 billion.
- The company anticipates closing its acquisition of Heritage Bank of Commerce in Q2 2026, a 100% stock transaction with an exchange ratio of 0.6500x CVBF shares for each HTBK share, expected to be 13.2% accretive to 2027E EPS.
Jan 22, 2026, 11:05 AM
CVB Financial Corp. Reports Strong Q4 and Full Year 2025 Earnings
CVBF
Earnings
Share Buyback
Revenue Acceleration/Inflection
- CVB Financial Corp. reported net earnings of $55.0 million or $0.40 per share for the fourth quarter of 2025, and $209.3 million or $1.52 per share for the full year 2025.
- The company's Net Interest Margin (NIM) expanded to 3.49% for Q4 2025, up from 3.33% in Q3 2025, and the full year NIM was 3.36% compared to 3.09% for 2024.
- Loans grew by $228 million from the end of the third quarter of 2025, and average total deposits & customer repurchase agreements increased by $110 million from the prior quarter.
- Asset quality showed significant improvement, with nonperforming assets decreasing to $4.8 million at December 31, 2025, from $28.5 million at September 30, 2025, and classified loans decreasing $25.5 million quarter-over-quarter.
- The company repurchased 4.3 million shares of common stock in 2025, totaling $80.4 million.
Jan 22, 2026, 11:01 AM
CVB Financial Corp. Reports Fourth Quarter and Full Year 2025 Earnings
CVBF
Earnings
Share Buyback
Dividends
- CVB Financial Corp. reported net earnings of $55.0 million (or $0.40 per share) for the fourth quarter of 2025 and $209.3 million (or $1.52 per share) for the full year 2025.
- The company's net interest margin (NIM) expanded to 3.49% in the fourth quarter of 2025, an increase from 3.33% in the third quarter of 2025.
- For the full year 2025, loans grew by $163 million, or 2%, compared to December 31, 2024, and the company repurchased 4.3 million shares of common stock totaling $80.4 million.
Jan 21, 2026, 9:45 PM
CVB Financial Corp Enters Merger Agreement with Heritage Commerce Corp
CVBF
M&A
- CVB Financial Corp (Parent) and Heritage Commerce Corp (Company) entered into an Agreement and Plan of Reorganization and Merger as of December 17, 2025.
- Under the agreement, Heritage Commerce Corp will merge with and into CVB Financial Corp, with CVB Financial Corp continuing as the surviving corporation ,.
- Each share of Heritage Commerce Corp Common Stock will be converted into the right to receive 0.65 shares of CVB Financial Corp Common Stock ,.
- Following the merger, Heritage Bank of Commerce, a wholly-owned subsidiary of Heritage Commerce Corp, will merge into Citizens Business Bank, National Association, a wholly-owned subsidiary of CVB Financial Corp.
Dec 23, 2025, 9:38 PM
CVB Financial Corporation announces all-stock merger with Heritage Commerce Corp
CVBF
M&A
- CVB Financial Corporation announced an all-stock merger transaction with Heritage Commerce Corp, valued at approximately $811 million based on yesterday's closing stock prices.
- The merger involves a fixed exchange ratio of 0.65 CVBF shares for each Heritage share, leading to pro forma ownership of approximately 77% for CVBF and 23% for Heritage.
- The transaction is projected to be 13.2% accretive to earnings per share in 2027 and is expected to generate an internal rate of return above 20%.
- It is anticipated to result in 7.7% tangible book value dilution with a projected earnback period of two and a half years.
- The combined company aims to expand into the Bay Area to achieve comprehensive geographic coverage in California and expects to achieve approximately 35% in cost savings.
Dec 17, 2025, 10:30 PM
Quarterly earnings call transcripts for CVB FINANCIAL.
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