earnings
confidence high
sentiment neutral
materiality 0.60
CVB Financial Q1 EPS $0.36, net income $51.1M; NIM expands 13bps, loans shrink
CVB FINANCIAL CORP
2025-Q1 EPS reported
$0.36
- Diluted EPS $0.36 (flat QoQ); net income $51.1M vs $50.9M Q4'24 and $48.6M Q1'24.
- Net interest margin 3.31% (+13bps QoQ); cost of funds fell to 1.04% from 1.13%.
- Total loans down $172.8M QoQ; dairy & livestock loans dropped $167.8M (44%).
- Nonperforming assets fell to $26.1M from $47.1M on sale of $19.3M OREO with $2.2M gain.
- Repurchased 782,063 shares for $15.3M at avg $19.55; TCE ratio 10.0%.