CVB Financial Q1 FY26 net earnings slip 0.2% to $51 million; noninterest income drops 12.02% to $14.28 million

CVB Financial Corp.

CVB Financial Corp.

CVBF

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  • CVB Financial posted net earnings of USD 51 million, or USD 0.38 per diluted share, for quarter ended March 31, 2026, roughly flat from year-ago period.
  • Net interest income rose 6.7% to USD 117.8 million, lifting tax-equivalent net interest margin 13 basis points to 3.44%.
  • Provision for credit losses swung to an expense of USD 3 million from a recapture in prior-year quarter, while noninterest income fell 12% to USD 14.3 million.
  • Total assets slipped 0.79% from year-end to USD 15.51 billion, while noninterest-bearing deposits climbed 4.41% to USD 7.1 billion and represented 59.44% of total deposits.
  • Completed all-stock acquisition of Heritage Commerce Corp on April 17, issuing about 41 million shares valued at roughly USD 845 million; Heritage added about USD 3.6 billion of loans and about USD 4.8 billion of deposits at close.


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