---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-111393"
form_type: "8-K"
ticker: "CVBF"
cik: "0000354647"
company_name: "CVB FINANCIAL CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:30:38.795664+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CVB Financial Q1 net income $48.6M ($0.35), down 18% YoY; NIM 3.10%

## Summary
- Net income $48.6M ($0.35 EPS), down 18% YoY from $59.3M; flat sequentially.
- NIM 3.10%, down 16bps Q/Q and 35bps YoY; cost of funds 1.31% vs 1.09% Q4.
- Total deposits +$461M Q/Q including $300M brokered; noninterest-bearing deposits 59.8% of total.
- Net loans -$134M (1.5%) from year-end; net charge-offs $4M; ACL 0.94% of loans.
- FDIC special assessment $2.3M in Q1; effective tax rate 27.25%; TCE ratio 8.3%.

## SEC filing metadata
- accession: 0001193125-24-111393
- form_type: 8-K
- ticker: CVBF
- cik: 0000354647
- company_name: CVB FINANCIAL CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354647/000119312524111393/0001193125-24-111393-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354647/000119312524111393/d805306d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-111393
- JSON: https://secwatch.observer/filing/0001193125-24-111393.json
- Plain text: https://secwatch.observer/filing/0001193125-24-111393.txt

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