CVB Financial Q2 FY26 net earnings fall 5.37% to $48.26 million
CVBF•Q2 results and balance sheet growth
- CVB Financial posted Q2 net earnings of USD 48.3 million, down 5.37%, with diluted EPS of USD 0.29.
- Net interest income climbed 45.52% to USD 162.4 million; tax-equivalent net interest margin widened 41 basis points to 3.72%.
- Noninterest expense more than doubled to USD 114.4 million; the efficiency ratio rose to 63.75% from 45.55%.
- Total assets increased 35.52% to USD 21.18 billion at June 30, driven by the April 17 closing of the Heritage acquisition.
- Loans rose 38.14% to USD 12.02 billion; deposits grew 34.93% to USD 16.29 billion.
