---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-263470"
form_type: "8-K"
ticker: "CVBF"
cik: "0000354647"
company_name: "CVB FINANCIAL CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:02:46.303813+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CVBF Q3 2023 net income $57.9M ($0.42 EPS), down 10.4% YoY; NIM expands to 3.31%

## Summary
- Net income $57.9M ($0.42 diluted EPS) vs $64.6M ($0.46) in Q3 2022; ROATCE 18.82%, ROAA 1.40%.
- Net interest margin 3.31% (+9 bps QoQ) driven by asset yield improvement; efficiency ratio 39.99%.
- Total deposits +$278M average QoQ; noninterest-bearing deposits 61.4% of total; cost of deposits 0.52%.
- ACL ratio 1.00% after $2M provision; nonperforming loans rose to $10M from $6.5M prior quarter.
- CET1 ratio 14.4%, TCE 7.7%; tangible book value $8.39; no share repurchases in Q3.

## SEC filing metadata
- accession: 0001193125-23-263470
- form_type: 8-K
- ticker: CVBF
- cik: 0000354647
- company_name: CVB FINANCIAL CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354647/000119312523263470/0001193125-23-263470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354647/000119312523263470/d534161d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-263470
- JSON: https://secwatch.observer/filing/0001193125-23-263470.json
- Plain text: https://secwatch.observer/filing/0001193125-23-263470.txt

## Key facts
- Earnings Releases
  CVB FINANCIAL CORP reported the quarter ended September 30, 2023 results: net income $57.9 million, EPS $0.42 per share.
  - Period: the quarter ended September 30, 2023
  - Net income: $57.9 million
  - EPS: $0.42 per share
  - Result: reported results
  source text: CVB Financial Corp. reported net income of $57.9 million for the quarter ended September 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/354647/000119312523263470/0001193125-23-263470-index.htm

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