CVB Financial reports record Q4 net income of $66.2M, EPS $0.47; NIM expands to 3.69%

CVB FINANCIAL CORP

2022-FY EPS reported $1.67

Full year 2022 net income $235.4M, up 11% YoY; diluted EPS $1.67 vs $1.56.
Q4 net interest margin 3.69%, up 23bps QoQ and 90bps YoY; efficiency ratio 36.31%.
Core loans grew 9% annualized in Q4, led by commercial real estate; total loans $9.08B.
Q4 provision for credit losses $2.5M; full year provision $10.6M vs recapture of $25.5M in 2021.
Nonperforming loans fell to $4.9M (0.05% of loans) from $10.1M (0.12%) at Sept 30, 2022.

item 2.02 item 9.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CVB FINANCIAL CORP reported the year ended December 31, 2022 results: net income $235.4 million, EPS $1.67.

Period: the year ended December 31, 2022
Net income: $235.4 million
EPS: $1.67
Result: reported results

Exact text from the filing

For the year ended December 31, 2022, the Company reported record net income of $235.4 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CVB FINANCIAL CORP reported the quarter ended December 31, 2022 results: net income $66.2 million, EPS $0.47 per share.

Period: the quarter ended December 31, 2022
Net income: $66.2 million
EPS: $0.47 per share
Result: reported results

Exact text from the filing

CVB Financial Corp. reported net income of $66.2 million for the quarter ended December 31, 2022

View on SEC.gov

44 earnings releases filed in the last 30 days. Browse all earnings releases →

CVB FINANCIAL CORP filing history →

Source: SEC EDGAR

accession 0001193125-23-015615

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.