CVB Financial Q2 FY26 net income falls 5.37% to $48.3 million

Reuters2026/07/22 22:05

By:Reuters

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CVB Financial posted Q2 net income of USD 48.3 million, down 5.37% from Q1; diluted EPS fell to USD 0.29 from USD 0.38.
Net interest income climbed 37.83% from Q1 to USD 162.4 million; net interest margin widened 28 basis points to 3.72%.
Total assets rose 36.6% from March 31 to USD 21.18 billion, reflecting the April 17 close of the Heritage Commerce acquisition.
Noninterest expense jumped to USD 114.4 million from USD 60.6 million, including USD 31.4 million of acquisition costs.
Board launched a new buyback for up to 15,000,000 shares; CEO David Brager said the Heritage merger is the largest in company history.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVB Financial Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607221804PRIMZONEFULLFEED9766724) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CVB Financial Q2 FY26 net income falls 5.37% to $48.3 million

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