Quarterly ResultApr 22, 2026, 04:47 PM
CVB Financial Q1 2026 Net Earnings $51M, EPS $0.38
AI Summary
CVB Financial Corp. reported net earnings of $51.0 million, or $0.38 diluted EPS, for the first quarter of 2026. This compares to $55.0 million ($0.40 EPS) in Q4 2025 and $51.1 million ($0.36 EPS) in Q1 2025. The company achieved a net interest margin of 3.44% and a return on average assets of 1.33%. Additionally, CVBF completed its strategic acquisition of Heritage Commerce Corp on April 17, 2026, which is expected to expand its presence into the Bay Area, with financial results to be included in Q2 2026.
Key Highlights
- Q1 2026 net earnings were $51.0 million.
- Diluted EPS for Q1 2026 was $0.38.
- Net interest margin stood at 3.44% in Q1 2026.
- Completed Heritage Commerce Corp acquisition on April 17, 2026.
- Loan growth of $280 million, or 3.3%, from Q1 2025 end.