secwatch.observer — SEC 8-K summary
======================================

Issuer:     CVB FINANCIAL CORP (CVBF)
CIK:        0000354647
Form:       8-K
Filed at:   2023-01-26T23:59:59+00:00
Accession:  0001193125-23-015615
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354647/000119312523015615/0001193125-23-015615-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354647/000119312523015615/d181107d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-015615

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer