News & Media
CVB Financial Corp. Statement of Condition Q1 2025
President’s Message
CVB Financial Corp. (CVBF) reported net income of $51.1 million for the quarter ended March 31, 2025, compared with $50.9 million for the fourth quarter of 2024 and $48.6 million for the first quarter of 2024. Our consistent financial performance is highlighted by our 192 consecutive quarters, or 48 years, of profitability, and our 142 consecutive quarters of paying cash dividends.
Our Bank is consistently recognized as one of the top-performing banks in the nation. In February, we were honored to be ranked on Forbes’ list of 2025 Best Banks in America. In March, we were recognized on S&P Global Market Intelligence’s list of best-performing public banks with assets greater than $10 billion in the United States for 2024. Findley Reports named Citizens Business Bank a 2025 “Super Premier” Performing Bank, and we maintained our Five-Star Superior from BauerFinancial. Additionally, Fitch Ratings affirmed our investment grade rating of BBB+ in March 2025.
In response to the wildfires that devastated portions of Southern California in January 2025, our Bank pledged $200,000 in immediate financial support to four local community organizations. The donations have helped provide relief to individuals, families, and businesses impacted by the fires. Citizens Business Bank applied to the Disaster Relief Matching Contribution Program and was able to secure an additional $50,000 in matching funds to donate to Union Station Homeless Services from the Federal Home Loan Bank of San Francisco. This combined contribution represents one quarter of a million dollars going back into our local communities to assist with disaster relief.
CitizensTrust, our wealth management division that provides trust, investment, and brokerage-related services, as well as financial, estate, and business succession planning, had approximately $4.7 billion in assets under management and administration, including $3.38 billion in assets under management, at quarter end.
Shares of CVB Financial Corp. common stock are listed on Nasdaq under the ticker symbol “CVBF”. If you are new to CVB Financial Corp. and would like more information about Citizens Business Bank, our principal financial services subsidiary, please visit us on our website at cbbank.com. Additional information about CVB Financial Corp. is available on our Citizens Business Bank website under the “Investors” tab.
On behalf of our Board of Directors and our hard-working associates, we want to thank our customers and shareholders for their continued loyalty and support.