{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-119609","form_type":"8-K","ticker":"CVBF","cik":"0000354647","company_name":"CVB FINANCIAL CORP","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.810538+00:00","generated_at":"2026-06-16T09:42:05.944368+00:00","sec_items":["2.02","9.01","8.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"CVB Financial Q1 net income $59.3M; EPS $0.42; NIM 3.45% down 24 bps QoQ","bullets":["Net earnings $59.3M ($0.42 diluted EPS) vs $66.2M ($0.47) in Q4 2022; provision for credit losses $1.5M.","NIM 3.45% vs 3.69% in Q4 2022; cost of funds rose to 0.49% from 0.13% due to higher short-term borrowings.","Total deposits and customer repos $12.76B, down 4.8% from Q4 2022; noninterest-bearing deposits were 63.9% of total.","Repurchased 791,800 shares at avg $23.43 ($18.5M) under 10b5-1 plan that expired March 2, 2023.","ACL increased to 0.97% of loans from 0.94%; nonperforming loans $6.2M (0.07% of loans)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-119609","json":"https://secwatch.observer/filing/0001193125-23-119609.json","markdown":"https://secwatch.observer/filing/0001193125-23-119609.md","text":"https://secwatch.observer/filing/0001193125-23-119609.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/354647/000119312523119609/0001193125-23-119609-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/354647/000119312523119609/d284470d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T09:42:05.944368+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4c917bc79506ca310f5cb0e34500fab4a489a564","claim":"CVB FINANCIAL CORP reported the quarter ended March 31, 2023 results: net income $59.3 million, EPS $0.42.","evidence_excerpt":"CVB Financial Corp. reported net income of $59.3 million for the quarter ended March 31, 2023, compared with $66.2 million for the fourth quarter of 2022 and $45.6 million for the first quarter of 2022. Diluted earnings per share were $0.42 for the first quarter of 2023, compared to $0.47 for the prior quarter and $0.31 for the same period last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/354647/000119312523119609/0001193125-23-119609-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$59.3 million"},{"label":"EPS","value":"$0.42"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}