CVB Financial

Q2 FY2026 EarningsQ2 FY26 net earnings were $48.3M, down 5.4% QoQ and 4.5% YoY, heavily impacted by $31.4M in acquisition expenses from Heritage Commerce Corp. Net interest income surged 37.8% QoQ to $162.4M, driven by a 28bps NIM expansion to 3.72%. Total assets jumped 36.6% to $21.18B following the merger, while the adjusted efficiency ratio improved to 43.88%. Diluted EPS was $0.29, compared to $0.38 in Q1 FY26.