Company: CVBF
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029985
Chunk: 15

Company: CVB FINANCIAL CORP
Filing Date: 2025-02-28
Form: 10-K
Item: Item 16
Chunk 15
---
    271,238

    315,434

    328,347

    Income taxes

    70,522

    93,999

    92,922

    Net earnings
     
    $
    200,716

    $
    221,435

    $
    235,425

    Other comprehensive income (loss):

    Unrealized gain (loss) on securities and derivatives during the period, before tax
     
    $
    16,371

    $
    44,306

    $
    (498,078
    )

    Less: Income tax (expense) benefit related to items of other   comprehensive income

    (4,866
    )

    (13,079
    )

    147,250

    Other comprehensive income (loss), net of tax

    11,505

    31,227

    (350,828
    )

    Comprehensive income (loss)
     
    $
    212,221

    $
    252,662

    $
    (115,403
    )

    Basic earnings per common share
     
    $
    1.44

    $
    1.59

    $
    1.67

    Diluted earnings per common share
     
    $
    1.44

    $
    1.59

    $
    1.67

See accompanying notes to the consolidated financial statements.

90

CVB FINANCIAL CORP. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY 

(Dollars and shares in thousands) 

    CommonSharesOutstanding

    CommonStock

    RetainedEarnings

    AccumulatedOtherComprehensiveIncome (Loss)

    Total

    Balance, January 1, 2022

    135,526

    $
    1,209,903

    $
    875,568

    $
    (3,968
    )
     
    $
    2,081,503

    Issuance of common stock for acquisition of Suncrest Bank

    8,617

    197,069

    —

    —

    197,069

    Repurchase of common stock

    (1,976
    )

    (46,330
    )

    —

    —

    (46,330
    )

    Repurchase of common stock, AS