CVB Financial Corp. reports recurring developments for Citizens Business Bank, its national banking subsidiary serving California with banking, lending and investing services. News commonly centers on quarterly and annual earnings, net interest income and margin, loan and deposit trends, credit-loss provisioning, efficiency measures and capital actions.
The company also announces board-approved cash dividends and corporate events affecting its bank holding company structure. Following the completed Heritage Commerce Corp merger, coverage includes integration into Citizens Business Bank and the expanded California banking footprint, including the Bay Area.
CVB Financial Corp (NASDAQ:CVBF) announced on October 23, 2025 the appointment of Tim Stephens as a Director of CVBF and as a director of Citizens Business Bank.
Mr. Stephens' addition increases each board from eight to nine members. The company said his experience in financial services, information technology, risk management, and regulatory compliance is expected to support the banks' growth and client service efforts.
CVB Financial Corp. (NASDAQ: CVBF) has declared its 144th consecutive quarterly cash dividend of $0.20 per share for the third quarter of 2025. The dividend will be payable on October 16, 2025, to shareholders of record as of October 1, 2025.
Citizens Business Bank, CVBF's subsidiary, stands as one of the top 10 largest bank holding companies in California, managing over $15 billion in total assets. The bank operates through more than 60 banking centers and three trust office locations across California, offering comprehensive banking, lending, and investing services.
[ "144th consecutive quarterly dividend demonstrates strong financial stability and commitment to shareholder returns", "Maintains position as one of the top 10 largest bank holding companies in California", "Substantial asset base exceeding $15 billion", "Extensive network of over 60 banking centers and 3 trust offices" ]CVB Financial Corp. (NASDAQ:CVBF) has announced corrected Q2 2025 earnings, with net income of $50.6 million, or $0.37 per share, compared to $51.1 million in Q1 2025. The correction increased previously reported EPS by $0.01 for both Q2 and first half of 2025.
Key performance metrics include a Return on Average Assets of 1.34%, efficiency ratio of 45.6%, and net interest margin of 3.31%. The bank maintained strong financial performance with 193 consecutive quarters of profitability and 143 consecutive quarters of cash dividends.
Notable Q2 2025 highlights include pre-provision/pretax income growth to $68.8 million, deposit and customer repo growth of $123 million, and a slight decrease in cost of funds to 1.03%. The bank maintains strong capital positions with a TCE Ratio of 10.0% and CET1 Ratio of 16.5%.
CVB Financial Corp. (NASDAQ:CVBF) reported Q2 2025 net earnings of $50.6 million, or $0.36 per share, compared to $51.1 million in Q1 2025 and $50.0 million in Q2 2024. The company achieved a return on average assets of 1.34% and an efficiency ratio of 45.6%.
Key financial metrics include net interest income of $111.6 million, representing a 1.1% increase from Q1 2025, and a net interest margin of 3.31%. The bank's cost of funds decreased to 1.03% from 1.04% in Q1 2025. Total assets reached $15.41 billion, with deposits and customer repos growing by $123 million from Q1 2025.
The bank maintained strong capital ratios with a TCE Ratio of 10.0% and CET1 Ratio of 16.5%. Notable achievements include 193 consecutive quarters of profitability and 143 consecutive quarters of paying cash dividends.
CVB Financial Corp. (NASDAQ: CVBF) has declared its 143rd consecutive quarterly cash dividend of $0.20 per share for the second quarter of 2025. The dividend will be payable on July 24, 2025 to shareholders of record as of July 10, 2025.
CVBF, the holding company for Citizens Business Bank, is among the 10 largest bank holding companies in California with over $15 billion in total assets. The bank operates more than 60 banking centers and three trust office locations throughout California.
CVB Financial Corp. (NASDAQ:CVBF) reported Q1 2025 net earnings of $51.1 million, or $0.36 per share, compared to $50.9 million in Q4 2024 and $48.6 million in Q1 2024. Key performance metrics include a Return on Average Assets of 1.37% and Return on Average Tangible Common Equity of 14.51%.
The bank's Q1 2025 highlights include: net interest margin of 3.31% (up 13 basis points from Q4 2024), efficiency ratio of 46.7%, and a $2.2 million net gain on OREO asset sales. Noninterest-bearing deposits grew by $147 million, while cost of funds decreased to 1.04% from 1.13% in Q4 2024.
Notable metrics include a TCE Ratio of 10.0% and CET1 Ratio of 16.5%. The bank maintained its streak of 192 consecutive quarters of profitability and 142 consecutive quarters of paying cash dividends.
CVB Financial Corp. (NASDAQ: CVBF) has declared its 142nd consecutive quarterly cash dividend of $0.20 per share for the first quarter of 2025. The dividend will be paid on April 16, 2025, to shareholders of record as of April 2, 2025.
Citizens Business Bank, CVBF's primary subsidiary, stands as one of the top 10 largest bank holding companies headquartered in California, managing over $15 billion in total assets. The bank operates through more than 60 banking centers and three trust office locations across California, offering comprehensive banking, lending, and investing services.
CVB Financial Corp. (NASDAQ: CVBF) has been recognized on Forbes' 16th annual America's Best Banks list, marking its ninth appearance in the past decade. The company, which operates Citizens Business Bank, has previously ranked as the overall #1 Best Bank in America four times in the past ten years (2023, 2021, 2020, and 2016).
The bank continues to demonstrate strong financial performance, maintaining several prestigious ratings including a Five-Star Superior rating from BauerFinancial, a 'Super Premier' Performing Bank designation from The Findley Reports, and a BBB+ rating from Fitch Ratings. Forbes' ranking methodology evaluated ten metrics related to credit quality, growth, and profitability among the 100 largest publicly traded banks in the nation.
As one of the 10 largest bank holding companies in California with over $15 billion in total assets, CVBF operates more than 60 banking centers and three trust office locations across California.
CVB Financial Corp. (NASDAQ:CVBF) reported Q4 2024 net earnings of $50.9 million ($0.36 per share), slightly down from $51.2 million in Q3 2024. For the full year 2024, net income was $200.7 million ($1.44 per share), compared to $221.4 million in 2023.
Key Q4 2024 metrics include a net interest margin of 3.18%, efficiency ratio of 47.34%, and noninterest-bearing deposits at 59% of total deposits. The company announced a 10 million share repurchase program and executed sale-leaseback transactions of two buildings, generating pre-tax gains of $16.8 million.
Notable developments include a $36 million decline in loans from Q3 2024, $3 million recapture of allowance for credit losses, and the sale of $155 million in AFS securities resulting in a pre-tax loss of $16.7 million. The company maintained strong capital ratios with TCE at 9.82% and CET1 above 16%.
CVB Financial Corp. (NASDAQ: CVBF) has declared its 141st consecutive quarterly cash dividend of $0.20 per share for the fourth quarter of 2024. The dividend will be paid on or about January 15, 2025 to shareholders of record as of December 31, 2024. The company, which is among the 10 largest bank holding companies headquartered in California with over $15 billion in assets, operates through Citizens Business Bank with more than 60 banking centers and three trust office locations across California.