CVB Financial reported second-quarter GAAP earnings per share of $0.29, beating analyst expectations by $0.08, while revenue of $179.43 million missed estimates by $5.19 million. Revenue rose 42 percent year-over-year. Total assets reached $21.18 billion following the completion of the Heritage Commerce Corp acquisition on April 17, 2026. Net interest margin expanded to 3.72 percent. The quarter included $31.4 million in acquisition expenses and a $4.25 million provision for unfunded loan commitments.
CVB Financial CorporationBeat EPS estimates but missed revenue estimates; acquisition expenses and provision for loan commitments offset positive net interest margin expansion.