CVBF
CVB Financial Corp. Reports Earnings for the Second Quarter 2026
Article Summary
HOLD- CVB Financial Corp. (NASDAQ: CVBF) reported earnings for the quarter ended June 30, 2026, with net income of $48.3 million compared with $51.0 million for first quarter of 2026 and $50.6 million for second quarter of 2025, while diluted earnings per share were $0.29 compared to $ 0.38 for prior quarter.
- CVB Financial completed acquisition of Heritage Commerce Corp. including its banking subsidiary Heritage Bank of Commerce and completed systems conversion during second quarter 2026 with results including 74 days of Heritage's operations, which impacts comparability of current quarter's results to prior periods.
- At close, the Company acquired loans with fair value of $3.4 billion, assumed $1.2 billion of noninterest-bearing deposits, $ 3.5 billion of interest-bearing deposit, and $38.7 million of subordinated debentures, resulting in $450.7 billion of intangible assets including core deposit premium of $116.6 billion and goodwill of $334.1 million.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | -2.9% | 25% | 0.0 ptsDeclining (-2.9%) - NOT a growth stock |
| EPS Growth Next 5Y ? | 0.0% | 25% | 10.0 ptsVery Weak (0.0%) - Minimal expectations |
| Target Price Upside ? | 9.4% | 20% | 35.0 ptsBelow Screener (9.4%) - Target: $24.33 vs Current: $22.24 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -4.8% | 15% | 20.0 ptsBarely a Dip (-4.8%) - Near recent highs |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About CVBF
- CVB Financial Corp. operates as bank holding company for Citizens Business Bank, National Association, a state-chartered bank that provides banking and financial services to small to mid-sized businesses and individuals.
- The company offers checking, savings, money market, and certificates of time deposit products for business and personal accounts, municipalities and districts, and specialized deposit products for title and escrow; and serves as a federal tax depository for business customers.
- It also provides commercial lending products comprising lines of credit and other working capital financing, accounts receivable lending, and letters of credit; agriculture loans to finance the operating needs of wholesale dairy farm operations, cattle feeders, livestock raisers, and farmers; lease financing services for municipal governments; commercial real estate and construction loans; consumer financing products, including automobile leasing and financing, lines of credit, credit cards, home mortgages, and home equity loans; and equipment and vehicle leasing services.
- In addition, the company offers various specialized services, such as treasury management systems for monitoring and managing cash flow, a merchant card processing program, armored pick-up and delivery, payroll services, remote deposit capture, electronic funds transfers, wires and automated clearinghouse, and online account access; and foreign exchange and letters of credit services.
- Further, it provides financial and trust services, such as fiduciary services, mutual funds, annuities, 401(k) plans, and individual investment accounts.
- CVB Financial Corp. was founded in 1974 and is headquartered in Ontario, California.