---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-195219"
form_type: "8-K"
ticker: "CVBF"
cik: "0000354647"
company_name: "CVB FINANCIAL CORP"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:07:28.230452+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CVB Financial Q2 2023 net income $55.8M ($0.40 EPS); deposits up $126M Q/Q

## Summary
- Net income $55.8M ($0.40 diluted EPS), down from $59.3M in Q1 2023 and $59.1M in Q2 2022.
- Net interest margin (TE) 3.22%, down from 3.45% Q/Q due to 23 bp increase in cost of funds.
- Deposits grew $125.7M Q/Q to $12.4B; noninterest-bearing deposits 63.55% of total deposits.
- Allowance for credit losses $87.0M (0.98% of loans); provision for credit losses $500k in Q2.
- Tangible book value per share $8.74; all regulatory capital ratios well above minimums.

## SEC filing metadata
- accession: 0001193125-23-195219
- form_type: 8-K
- ticker: CVBF
- cik: 0000354647
- company_name: CVB FINANCIAL CORP
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354647/000119312523195219/0001193125-23-195219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354647/000119312523195219/d480926d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-195219
- JSON: https://secwatch.observer/filing/0001193125-23-195219.json
- Plain text: https://secwatch.observer/filing/0001193125-23-195219.txt

## Key facts
- Earnings Releases
  CVB FINANCIAL CORP reported quarter ended June 30, 2023 results: net income $55.8 million, EPS $0.40 per diluted share.
  - Period: quarter ended June 30, 2023
  - Net income: $55.8 million
  - EPS: $0.40 per diluted share
  - Result: reported results
  source text: CVB Financial Corp. reported net income of $55.8 million for the quarter ended June 30, 2023, compared with $59.3 million for the first quarter of 2023 and $59.1 million for the second quarter of 2022. Diluted earnings per share were $0.40 for the second quarter, compared to $0.42 for the prior quarter and $0.42 for the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354647/000119312523195219/0001193125-23-195219-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.