CVB Financial Corporation (CVBF) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
701 N HAVEN AVE STE 300 ONTARIO, CA 91764 |
| State of Incorp. | CA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6022 - State Commercial Banks (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 204,698 | 453,460 | 844,194 | 949,589 | 281,285 | 240,695 | |||
| Cash and cash equivalent | 204,698 | 453,460 | 844,194 | 949,589 | 281,285 | 240,695 | |||
| Total current assets: | 204,698 | 453,460 | 844,194 | 949,589 | 281,285 | 240,695 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 47,117 | 32,516 | 22,182 | 20,666 | 21,655 | 23,025 | |||
| Property, plant and equipment | 27,543 | 36,275 | 43,232 | 43,448 | 44,709 | 44,561 | |||
| Intangible assets, net (including goodwill) | 775,789 | 776,952 | 778,238 | 779,675 | 781,113 | 782,558 | |||
| Goodwill | 765,822 | 765,822 | 765,822 | 765,822 | 765,822 | 765,822 | |||
| Intangible assets, net (excluding goodwill) | 9,967 | 11,130 | 12,416 | 13,853 | 15,291 | 16,736 | |||
| Total noncurrent assets: | 850,449 | 845,743 | 843,652 | 843,789 | 847,477 | 850,144 | |||
| Other undisclosed assets | 14,098,508 | 14,104,013 | 14,463,649 | 14,674,768 | 14,892,231 | 14,812,176 | |||
| TOTAL ASSETS: | 15,153,655 | 15,403,216 | 16,151,495 | 16,468,146 | 16,020,993 | 15,903,015 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 9,200 | ||||||||
| Accrued liabilities | 9,200 | ||||||||
| Debt | 761,887 | 394,515 | 268,826 | 275,720 | 995,000 | 269,552 | |||
| Total current liabilities: | 761,887 | 394,515 | 268,826 | 275,720 | 1,004,200 | 269,552 | |||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 49,617 | 34,943 | 24,457 | 23,037 | 24,056 | 25,199 | |||
| Operating lease, liability | 49,617 | 34,943 | 24,457 | 23,037 | 24,056 | 25,199 | |||
| Total noncurrent liabilities: | 49,617 | 34,943 | 24,457 | 23,037 | 24,056 | 25,199 | |||
| Other undisclosed liabilities | 12,155,835 | 12,775,927 | 13,745,785 | 14,082,564 | 12,914,765 | 13,656,863 | |||
| Total liabilities: | 12,967,339 | 13,205,385 | 14,039,068 | 14,381,321 | 13,943,021 | 13,951,614 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 2,186,316 | 2,197,831 | 2,112,427 | 2,086,825 | 2,077,972 | 1,951,401 | |||
| Accumulated other comprehensive loss | (312,064) | (274,829) | (334,328) | (335,285) | (323,569) | (427,138) | |||
| Retained earnings | 1,201,499 | 1,178,619 | 1,155,372 | 1,133,355 | 1,112,642 | 1,092,079 | |||
| Other undisclosed equity, attributable to parent | 1,296,881 | 1,294,041 | 1,291,383 | 1,288,755 | 1,288,899 | 1,286,460 | |||
| Total equity: | 2,186,316 | 2,197,831 | 2,112,427 | 2,086,825 | 2,077,972 | 1,951,401 | |||
| TOTAL LIABILITIES AND EQUITY: | 15,153,655 | 15,403,216 | 16,151,495 | 16,468,146 | 16,020,993 | 15,903,015 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 110,657 | 115,304 | 114,577 | 116,768 | 116,152 | 113,788 | ||
| Other undisclosed gross profit | (3,000) | 4,000 | ||||||
| Gross profit: | 107,657 | 115,304 | 114,577 | 116,768 | 120,152 | 113,788 | ||
| Operating expenses | (47,014) | (3,203) | (11,891) | (10,888) | (11,917) | (10,930) | ||
| Operating income: | 60,643 | 112,101 | 102,686 | 105,880 | 108,235 | 102,858 | ||
| Nonoperating income | 2,386 | 3,499 | 2,942 | 3,593 | 7,917 | 1,548 | ||
| Gains on sales of other real estate | ||||||||
| Bank owned life insurance income | 2,386 | 3,499 | 2,942 | 3,593 | 7,917 | 1,548 | ||
| Interest and debt expense | (45,228) | (38,722) | (32,856) | |||||
| Income from continuing operations before equity method investments, income taxes: | 63,029 | 115,600 | 105,628 | 64,245 | 77,430 | 71,550 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 5,012 | (47,982) | (36,852) | 2,558 | (2,841) | 9,072 | ||
| Income from continuing operations before income taxes: | 68,041 | 67,618 | 68,776 | 66,803 | 74,589 | 80,622 | ||
| Income tax expense | (17,183) | (16,394) | (18,741) | (18,204) | (26,081) | (22,735) | ||
| Net income attributable to parent: | 50,858 | 51,224 | 50,035 | 48,599 | 48,508 | 57,887 | ||
| Other undisclosed net loss available to common stockholders, basic | (370) | (377) | (373) | (324) | (338) | (410) | ||
| Net income available to common stockholders, diluted: | 50,488 | 50,847 | 49,662 | 48,275 | 48,170 | 57,477 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2025 Q1 | 12/31/2024 Q4 | 9/30/2024 Q3 | 6/30/2024 Q2 | 3/31/2024 Q1 | 12/31/2023 Q4 | 9/30/2023 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 50,858 | 51,224 | 50,035 | 48,599 | 48,508 | 57,887 | ||
| Other comprehensive income (loss) | (37,235) | 59,499 | 2,069 | (22,430) | 190,559 | (157,988) | ||
| Comprehensive income (loss): | 13,623 | 110,723 | 52,104 | 26,169 | 239,067 | (100,101) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (1,112) | 10,714 | (86,990) | 75,726 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | 13,623 | 110,723 | 50,992 | 36,883 | 152,077 | (24,375) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.