secwatch.observer — SEC 8-K summary
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Issuer:     CVB FINANCIAL CORP (CVBF)
CIK:        0000354647
Form:       8-K/A
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-212352
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CVBF closes Heritage acquisition; pro forma 2025 net income $241M, assets $21.5B
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- Merger closed April 17, 2026; 0.65 exchange ratio; ~40.8M CVBF shares issued; total consideration $843.7M.
- Pro forma combined total assets $21.47B, total deposits $16.98B as of Dec 31, 2025.
- Pro forma net income $241.0M, basic EPS $1.36 for FY2025 assuming merger Jan 1, 2025.
- Preliminary goodwill $320.2M; core deposit intangible $124.1M amortized over 10 years.
- One-time pre-tax merger expenses of $43.0M reflected; early adoption of ASU 2025-08 for purchased loans.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/354647/000119312526212352/0001193125-26-212352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/354647/000119312526212352/cvbf-20260417.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-212352

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer