CVB Financial Corp. has reported its earnings for the third quarter of 2025, revealing a net income of $52.6 million, or $0.38 per share. This represents an increase from the $50.6 million reported in the second quarter of 2025 and $51.2 million reported in the third quarter of 2024.
The return on average assets (ROAA) for the third quarter of 2025 was 1.35%, slightly up from 1.34% in the previous quarter and 1.23% in the same period last year. The return on average equity (ROAE) was reported at 9.19%, compared to 9.06% in the second quarter of 2025 and 9.40% in the third quarter of 2024.
Efficiency ratio for the third quarter of 2025 was 45.56%, remaining relatively consistent with 45.55% in the second quarter of 2025 and 46.53% in the third quarter of 2024.
Net interest income for the third quarter of 2025 increased to $115.6 million, a 3.6% rise from the second quarter of 2025, and a 1.7% increase from the third quarter of 2024. Meanwhile, the net interest margin for the same period was reported at 3.33%, compared to 3.31% in the previous quarter and 3.05% in the third quarter of 2024.
The company also highlighted an increase in deposits and customer repos by $186.5 million from the end of the second quarter of 2025, while loans increased by $112.4 million during the same period.
CVB Financial Corp. reported a provision for credit losses of $1.0 million in the third quarter of 2025, compared to no provision in both the second quarter of 2025 and the third quarter of 2024.
Total assets for the company stood at $15.67 billion at September 30, 2025, representing an increase of $252.1 million, or 1.64%, from the previous quarter.
The third quarter of 2025 also saw noninterest income of $13.0 million, a decrease from $14.7 million in the second quarter of 2025 and an increase from $12.8 million in the third quarter of 2024. Additionally, noninterest expenses for the third quarter of 2025 were reported at $58.6 million, compared to $57.6 million for the second quarter of 2025 and $58.8 million for the third quarter of 2024.
The effective tax rate for the quarter ended September 30, 2025, was 23.80%, compared with 26.50% for the second quarter of 2025, and 24.25% for the third quarter of 2024.
In terms of the balance sheet, total loans and leases at amortized cost were reported at $8.47 billion at September 30, 2025, marking an increase of $112.4 million, or 1.34%, from the previous quarter.
These figures demonstrate the company's financial performance and its strategic focus on serving the comprehensive financial needs of small to medium-sized businesses and their owners. As a result of these announcements, the company's shares have moved -0.59% on the market, and are now trading at a price of $18.62. For more information, read the company's full 8-K submission here.
