CVB Financial (US:CVBF)2022-10-21 16:28Financial Performance - Total assets were $163 billion[5], with gross loans of $88 billion[5] and total deposits (including repos) of $143 billion[5] - Q3 Net Income was $646 million[18], with diluted EPS of $046[18] - The company reported a Return on Average Tangible Common Equity (ROATCE) of 2134%[18] and a Return on Average Assets (ROAA) of 152%[18] - Net Interest Margin (NIM) was 346%[18], and the efficiency ratio was 3659%[18] Balance Sheet and Asset Quality - Core loan growth was $1315 million, approximately 6% annualized[18] - Average noninterest-bearing deposit growth was $869 million, about 1%[18] - Non-Performing Assets (NPA) to Total Assets (TA) ratio was 006%, with NPA totaling $101 million[19] - Classified loans were $64 million, representing 073% of total loans[19] Capital and Dividends - CET1 Ratio stood at 135%[19], and the Total Risk-Based Ratio was 143%[19] - The company has maintained 132 consecutive quarters of cash dividends[6] Loan Portfolio - Commercial Real Estate (CRE) constitutes $669 billion of the loan portfolio[50] - Commercial and Industrial (C&I) loans amount to $095 billion[50]