CVB Financial reports Q2 2026 results with Heritage acquisition adding $5.7B in assets

Filed July 23, 2026 · Period ending July 22, 2026 · ~1 min read

Key Changes

• high

  Completed Heritage Commerce Corp acquisition on April 17, 2026, adding $3.4B in loans, $4.7B in deposits, and 16 Bay Area branches; systems conversion finished June 22, 2026.

  Exhibit 99.1 view on EDGAR →
• high

  Net interest margin expanded to 3.72%, up 28 basis points from Q1 2026, driven by higher-yielding Heritage assets including an $86.1M factored receivables portfolio with 18.04% average yield.

  Exhibit 99.1 view on EDGAR →
• high

  Q2 2026 net income of $48.3M ($0.29 per share) included $31.4M in acquisition expenses; core net income was $73.4M. Organic loan growth reached $477M.

  Exhibit 99.1 view on EDGAR →