CVB Financial posts investor presentation highlighting Citizens Business Bank performance, strategy and Heritage Bank deal integration
CVBF•Investor presentation highlights Q2 2026 performance and Heritage Bank integration
CVB Financial highlighted Q2 2026 net income of USD 48.3 million, EPS of USD 0.29 and a net interest margin of 3.72%.
- Total assets topped USD 21 billion.
- Organic loan growth reached USD 477 million.
- Average noninterest deposits exceeded 52% of total deposits.
- Asset quality remained strong with nonperforming assets at 0.08% of total assets.
- Allowance for credit losses was USD 127 million, or 1.05% of loans.
- Capital levels stayed high with a CET1 ratio of 14.7% and a total risk-based capital ratio of 15.8%.
- The Heritage Bank of Commerce acquisition closed April 17, 2026; integration was completed with core system conversion on June 22, 2026.
