Welcome to our dedicated page for Cvb Financial news (Ticker: CVBF), a resource for investors and traders seeking the latest updates and insights on Cvb Financial stock.
CVB Financial Corp (NASDAQ: CVBF) is the holding company for Citizens Business Bank, National Association, one of the 10 largest bank holding companies headquartered in California. News about CVB Financial Corp frequently highlights its commercial banking activities, financial performance, dividend history and strategic developments, giving investors and observers insight into how the company manages its balance sheet and serves business clients.
Regular earnings releases detail net earnings, net interest income, noninterest income, efficiency ratio, net interest margin, and key returns such as ROAA and ROAE. These updates also discuss trends in loans, investment securities, deposits and customer repurchase agreements, as well as asset quality metrics and allowance for credit losses. Management commentary emphasizes Citizens Business Bank’s focus on meeting the comprehensive financial needs of small to medium sized businesses and their owners.
Dividend announcements are another recurring news theme. In 2025, CVB Financial Corp reported its 142nd through 145th consecutive quarterly cash dividends, underscoring a long-standing pattern of quarterly shareholder distributions. Additional news items cover board changes, such as the appointment of a new director, and recognition from third parties, including repeated inclusion on Forbes’ America’s Best Banks list and other industry accolades cited by the company.
Strategic growth and corporate actions also generate significant coverage. A joint press release dated December 17, 2025 announced a definitive merger agreement between CVB Financial Corp and Heritage Commerce Corp, describing a planned combination that would expand Citizens Business Bank’s presence in the Bay Area and increase its office and branch network across California. Investors following CVBF news can track these developments, along with de novo office openings and investor presentations, to understand how the company is evolving within the commercial banking sector.
CVB Financial Corp. (NASDAQ: CVBF) reported second quarter 2024 net earnings of $50 million, or $0.36 per share, a slight improvement from $48.6 million in the prior quarter but down from $55.8 million in Q2 2023.
Key metrics include a return on average assets of 1.24%, return on average tangible common equity of 15.51%, and a net interest margin of 3.05%. Despite the earnings growth, net interest income declined to $110.8 million, a decrease of 1.43% Q/Q and 7.27% Y/Y due to a drop in net interest margin.
Highlights for Q2 2024 include:
- Average deposits grew by $245.3 million compared to Q1 2024.
- Noninterest-bearing deposits represented 60% of total deposits.
- Net charge-offs were minimal at $31,000.
- Noninterest expense decreased by $3.3 million Q/Q.
- Efficiency ratio improved to 45.1% from 47.2% in Q1 2024.
However, nonperforming assets increased to $25.6 million from $14.5 million in Q1 2024, primarily due to a rise in nonperforming commercial real estate loans.
CVB Financial Corp. (NASDAQ: CVBF) announced a $0.20 per share cash dividend for Q2 2024, marking its 139th consecutive quarterly cash payment. The dividend, approved during the Board of Directors meeting on June 26, 2024, will be payable on July 25, 2024, to shareholders on record as of July 11, 2024.
CVBF, the holding company for Citizens Business Bank, is one of California's 10 largest bank holding companies, boasting approximately $16 billion in total assets. The bank is renowned for its high performance and offers extensive banking, lending, and investment services through over 60 banking centers and three trust offices in California. Shares are traded on NASDAQ under the ticker 'CVBF'.
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