Ontario, CA, June 25, 2025 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ: CVBF) (the “Company”) announced a twenty cent ($0.20) per share cash dividend with respect to the second quarter of 2025. This dividend was approved at the Company’s regularly scheduled Board of Directors meeting held on June 25, 2025. The quarterly dividend will be payable on or about July 24, 2025 to shareholders of record as of July 10, 2025. “We are pleased to announce our 143rd consecutive quarterly cash dividend paid to our sh ...

CVB Financial (CVBF) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earni ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 000-10140 CVB FINANCIAL CORP. (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incor ...

CVB Financial (CVBF) Q1 2025 Earnings Call April 24, 2025 08:11 PM ET Company Participants Allen Nicholson - EVP & CFODavid Brager - President & CEOAndrew Terrell - Managing DirectorDavid Feaster - DirectorTimothy Coffey - MD & Associate Director of Depository ResearchKelly Motta - MD - Equity Research Conference Call Participants Gary Tenner - MD & Senior Research AnalystAdam Butler - Equity Research Analyst Operator Good day, and welcome to the CVB Financial First Quarter twenty twenty five Earnings Confe ...

CVB Financial Corp. (NASDAQ:CVBF) Q1 2025 Earnings Conference Call April 24, 2025 10:30 AM ET Company Participants Allen Nicholson - EVP, CFO Dave Brager - President and CEO Conference Call Participants Gary Tenner - D.A. Davidson Andrew Terrell - Stephens David Feaster - Raymond James Adam Butler - Piper Sandler Tim Coffey - Janney Montgomery Kelly Motta - KBW Operator Good day and welcome to the CVB Financial Corp. First Quarter 2025 Earnings Conference Call. At this time, all participants are in a listen ...

Image source: The Motley Fool.Wednesday, Apr 23, 2025CALL PARTICIPANTSDavid A. Brager: President and Chief Executive OfficerAllen Nicholson: Executive Vice President and Chief Financial OfficerNeed a quote from one of our analysts? Email [email protected]Net Earnings: Reported net earnings of $51.1 million, or $0.36 per share, for Q1 2025, representing the 192nd consecutive quarter of profitability Net Interest Margin: Expanded by 13 basis points to 3.31% in Q1 2025, up from 3.18% in Q4 2024Total Loans: $8. ...

CVB Financial (CVBF) Q1 2025 Earnings Call April 24, 2025 10:30 AM ET Company Participants Allen Nicholson - EVP & CFODavid Brager - President & CEOAndrew Terrell - Managing DirectorDavid Feaster - DirectorTimothy Coffey - MD & Associate Director of Depository ResearchKelly Motta - MD - Equity Research Conference Call Participants Gary Tenner - MD & Senior Research AnalystAdam Butler - Equity Research Analyst Operator Good day, and welcome to the CVB Financial First Quarter twenty twenty five Earnings Confe ...

Exhibit 99.1 Press Release For Immediate Release Contact: David A. Brager President and Chief Executive Officer (909) 980-4030 CVB Financial Corp. Reports Earnings for the First Quarter 2025 First Quarter 2025 Ontario, CA, April 23, 2025-CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the "Company"), announced earnings for the quarter ended March 31, 2025. CVB Financial Corp. reported net income of $51.1 million for the quarter ended March 31, 2025, compared with $50.9 million ...

Core Insights - CVB Financial reported revenue of $126.67 million for Q1 2025, a year-over-year increase of 0.1%, with an EPS of $0.36 compared to $0.35 a year ago, exceeding the Zacks Consensus Estimate of $124.95 million by 1.38% and delivering an EPS surprise of 9.09% [1] Financial Performance Metrics - Efficiency ratio was 46.7%, better than the estimated 48% [4] - Net Interest Margin stood at 3.3%, surpassing the estimated 3.2% [4] - Total Non-Performing Loans were reported at $25.64 million, lower than the estimated $28.41 million [4] - Total interest-earning assets amounted to $13.56 billion, slightly below the average estimate of $13.60 billion [4] - Total Non-Performing Assets were $26.13 million, significantly lower than the estimated $38.06 million [4] - Net Charge-off as a percentage of Average Loans was 0%, better than the estimated 0.1% [4] - Net Interest Income reached $110.44 million, exceeding the average estimate of $109.47 million [4] - Total Noninterest Income was $16.23 million, above the average estimate of $14.02 million [4] - Net Interest Income (FTE) was reported at $110.97 million, higher than the average estimate of $108.97 million [4] Stock Performance - CVB Financial shares returned -2.8% over the past month, outperforming the Zacks S&P 500 composite's -6.6% change, and currently holds a Zacks Rank 2 (Buy) indicating potential for near-term outperformance [3]

Core Insights - CVB Financial Corp. reported a net income of $51.1 million for Q1 2025, showing a slight increase from $50.9 million in Q4 2024 and $48.6 million in Q1 2024, with diluted earnings per share remaining stable at $0.36 [2][4][7] Financial Performance - The annualized return on average equity (ROAE) was 9.31%, return on average tangible common equity (ROATCE) was 14.51%, and return on average assets (ROAA) was 1.37% for Q1 2025 [3][7] - Net interest income for Q1 2025 was $110.4 million, nearly unchanged from Q4 2024, but down by $2.02 million or 1.79% from Q1 2024 [10][11] - The net interest margin (NIM) increased to 3.31%, up 13 basis points from Q4 2024 and 21 basis points from Q1 2024 [12][13] Income Statement Highlights - Noninterest income rose to $16.2 million in Q1 2025, compared to $13.1 million in Q4 2024 and $14.1 million in Q1 2024 [18] - Noninterest expense was $59.1 million, slightly higher than $58.5 million in Q4 2024 but lower than $59.8 million in Q1 2024 [19][20] Balance Sheet Highlights - Total assets increased to $15.26 billion as of March 31, 2025, up $102.9 million from December 31, 2024, but down $1.2 billion from March 31, 2024 [22][23] - Total loans and leases decreased to $8.36 billion, down 2.02% from Q4 2024 and 4.64% from Q1 2024 [26][27] Asset Quality - The allowance for credit losses was 0.94% of gross loans as of March 31, 2025, consistent with the previous quarters [28] - Nonperforming assets totaled $26.1 million, a decrease from $47.1 million at December 31, 2024, primarily due to the sale of OREO properties [30] Capital and Ratios - Total equity increased to $2.23 billion, with a tangible common equity (TCE) ratio of 10.0% and a common equity tier 1 (CET1) ratio of 16.5% [36][38] - The efficiency ratio improved to 46.69% in Q1 2025, compared to 47.34% in Q4 2024 [20][9] Deposits and Borrowings - Total deposits and customer repurchase agreements reached $12.27 billion, reflecting a net increase of $55.8 million from December 31, 2024 [32] - Total borrowings decreased significantly by $1.5 billion from March 31, 2024, with current borrowings consisting of $500 million of FHLB advances [34]