CVB Financial Corp reported fourth quarter 2025 net earnings of $55.0 million, with a return on average assets of 1.40% and a net interest margin of 3.49%. For the full year 2025, net earnings were $209.3 million, with a return on average assets of 1.36% and a return on average tangible common equity of 14.28%. The company has shown consistent financial performance, with 195 consecutive quarters of profitability. In the fourth quarter, pre-provision income increased, net interest income grew, and there was a recapture of allowance for credit loss. The net interest margin for the year was 3.36%. In the fourth quarter of 2025, loan yield was impacted by a $3.2 million interest collection on a nonperforming loan that was paid off. Cost of funds decreased to 1.01% from 1.05% in Q3 due to lower deposit costs. Net interest margin increased by 31 basis points compared to Q4 2024. Earning assets increased by $152.5 million, with loans and investment securities seeing growth. Provision for credit losses saw a $2.5 million recapture in Q4 2025. Noninterest income was $11.2 million, with a $2.8 million loss on AFS investments. Noninterest expense was $62.0 million, and efficiency ratio was 46.3%. For the year, noninterest income was $55.2 million, and noninterest expense was $237.3 million. Professional service expenses decreased by $1.2 million in 2024, while software expenses increased by $1.8 million, or 12.1%. Income taxes show an effective rate of 25.98% for the quarter ended December 31, 2025. Total assets were reported at $15.63 billion at the end of 2025, with a decrease of $35.2 million from the previous quarter. Investment securities totaled $4.95 billion at the end of 2025, showing an increase of $76.2 million. Loans and leases increased by $228.3 million, or 2.69%, from September 30, 2025. Nonperforming assets and delinquency trends decreased from the previous quarter. Total deposits and customer repurchase agreements decreased slightly to $12.56 billion at the end of 2025. Total borrowings included $500 million of FHLB advances. FHLB advances of $300 million at 4.73% and $200 million at 4.27% were secured by the company. Total equity for the company was $2.30 billion at December 31, 2025, up from $2.19 billion in 2024. Repurchased shares of common stock totaled $80.4 million. CVBF remains well above regulatory standards in capital ratios. CitizensTrust had $5.11 billion in assets under management as of December 31, 2025. CVBF is a holding company for Citizens Business Bank, with over $15 billion in total assets. A conference call to discuss financial results will be held on January 22, 2026. CVB Financial Corp. reported its financial results for the year ended December 31, 2025. The company’s total assets were $15.63 billion, with total deposits amounting to $12.07 billion. Net loans and lease finance receivables were $8.62 billion. The company’s net interest income before provision for credit losses was $122.66 million. Noninterest income totaled $11.19 million, while noninterest expense was $61.99 million. Earnings before income taxes were $74.36 million, resulting in a net earnings of $55.04 million. Basic earnings per common share were $0.40. Diluted earnings per common share were also $0.40. Cash dividends declared per common share were $0.20.
The company also highlighted various risks in its operations, including credit related impairments, changes in consumer or business spending, competitive environment among financial companies, cybersecurity threats, and ongoing regulatory or legal proceedings. Additionally, the company’s pending merger with Heritage Commerce Corp was mentioned as a risk factor. Factors that could cause actual results to differ materially from forward-looking statements were discussed in the Company’s 2024 Annual Report on Form 10-K. The company emphasized that any statements about future operating results were for illustrative purposes only and may not reflect actual results. The company also provided non-GAAP financial measures in its earnings release. Investors and analysts were advised to refer to the reconciliations included in the earnings release and consider the company’s non-GAAP measures alongside GAAP measures. CVB Financial Corp. and its subsidiaries reported strong financial highlights for the fourth quarter and full year of 2025. Key figures include an interest income of $156,007, net interest income of $122,686, and a return on average assets of 1.40%. The tangible common equity ratio was 10.25%, and the dividend payout ratio was 49.38%. Nonperforming assets totaled $4,848, with nonaccrual loans at $4,685. The allowance for credit losses stood at $77,161, with a net charge-off of $325. The company’s stock price ranged from $17.95 to $24.58 in the fourth quarter.
The loan portfolio by type for December 31, 2025, showed a total of $8,699,193 in gross loans, with commercial real estate loans leading at $6,574,395. Deposit composition included $6,800,691 in noninterest-bearing deposits. Nonperforming assets and delinquency trends indicated $4,685 in nonperforming loans and $8,026 in total nonperforming, past due, and OREO assets. Regulatory capital ratios for the company were strong, with a tier 1 leverage capital ratio of 11.6% and a total risk-based capital ratio of 16.7%. Tangible book value per share was $11.24.
In terms of earnings, the company reported a net income of $55,044 for the fourth quarter of 2025, with a return on average tangible common equity of 14.41%. Dividends declared per common share were $0.20, totaling $27,180. Overall, CVB Financial Corp. and its subsidiaries showed robust financial performance and stability in the latest reporting period.
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