Business
CVB Financial Corp. Reports Earnings for the Third Quarter 2025
Third Quarter 2025 Net Earnings of $52.6 million, or $0.38 per share Return on Average Assets of 1.35%Efficiency Ratio of 45.6%Net Interest Margin of 3.33%
About this update from Cvb Financial Corporation
[{"type":"text","content":"Third Quarter 2025 Net Earnings of $52.6 million, or $0.38 per share Return on Average Assets of 1.35%Efficiency Ratio of 45.6%Net Interest Margin of 3.33% Ontario, CA, Oct. 22, 2025 (GLOBE NEWSWIRE) -- CVB Financial Corp. (NASDAQ:CVBF) and its subsidiary, Citizens Business Bank (the “Company”), announced earnings for the quarter ended September 30, 2025. CVB Financial Corp. reported net income of $52.6 million for the quarter ended September 30, 2025, compared with $50.6 million for the second quarter of 2025 and $51.2 million for the third quarter of 2024. Diluted earnings per share were $0.38 for the third quarter, compared to $0.37 for the prior quarter and $0.37 for the same period last year. For the third quarter of 2025, annualized return on average equity (“ROAE”) was 9.19%, annualized return on average tangible common equity (“ROATCE”) was 14.11%, and annualized return on average assets (“ROAA”) was 1.35%. David Brager, President and Chief Executive Officer of Citizens Business Bank, commented, “Citizens Business Bank’s performance in the third quarter demonstrates our continued financial strength and focus on our vision of serving the comprehensive financial needs of small to medium sized businesses and their owners. Our consistent financial performance is highlighted by our 194 consecutive quarters, or more than 48 years, of profitability, and our 144 consecutive quarters of paying cash dividends. I would like to thank our customers and associates for their continuing commitment and loyalty.” Additional Highlights for the Third Quarter of 2025 Pre-provision / pretax income increased to $70.0 million, from $68.8 million in the second quarter of 2025Net interest income of $115.6 million increased by $4 million, or 3.6% from the second quarter of 2025$6 million from legal settlement received in the third quarter of 2025$8 million loss on sale of approximately $65 million of AFS securities in the third quarter of 2025Deposits and customer repos increased by $186.5 million from the end of the second quarter of 2025Loans increased by $112.4 million from the end of the second quarter 2025 INCOME STATEMENT HIGHLIGHTS Three Months Ended Nine Months Ended September 30,2025 June 30,2025 September 30,2024 September 30,2025 September 30,2024 (Dollars in thousands, except per share amounts) Net interest income$115,577 $111,608 $113...