← CVB FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $101.4m | $104.4m | $152.0m | $207.8m | $177.2m | $212.5m | $235.4m | $221.4m | $200.7m | $209.3m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $101.0m | $104.0m | $151.6m | $207.3m | $176.6m | $211.6m | $233.9m | $219.9m | $199.3m | $207.9m | |
| Depreciation and amortization | — | — | — | $6.8m | $6.9m | $6.4m | $6.9m | $6.6m | $5.9m | $4.7m | |
| Depreciation, Amortization and Accretion, Net | $3.8m | ($645k) | $8.3m | $22.0m | ($1.2m) | ($6.4m) | $13.7m | $18.2m | $15.4m | $14.8m | |
| Amortization of Intangible Assets | $1.1m | $1.3m | $5.3m | $10.8m | $9.4m | $8.2m | $7.6m | $6.5m | $5.3m | $4.2m | |
| Deferred Income Tax Expense (Benefit) | $1.7m | $23.1m | $7.5m | $2.2m | ($4.4m) | $13.1m | ($3.3m) | ($4.3m) | $4.2m | $1.8m | |
| Share-based Payment Arrangement, Noncash Expense | $2.8m | $3.0m | $3.5m | $5.5m | $5.5m | $5.2m | $7.9m | $9.4m | $10.2m | $6.2m | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $573k | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | ($2.6m) | $0 | $0 | — | — | — | — | — | — | — | |
| Goodwill and Intangible Asset Impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | $4.8m | $1.7m | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | ($272k) | $906k | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $60.9m | $84.4m | $59.1m | $83.2m | $72.4m | $85.1m | $92.9m | $94.0m | $70.5m | $72.4m | |
| Operating Lease, Expense | — | — | — | $7.3m | $6.6m | $6.6m | $7.4m | — | — | — | |
| Additional Financial Items | |||||||||||
| Provision for Loan, Lease, and Other Losses | — | — | — | — | $23.5m | — | $10.5m | — | $3.0m | $3.5m | |
| Bank Owned Life Insurance Income | $2.6m | $3.4m | $4.0m | $5.8m | $8.1m | $8.5m | $5.4m | $12.8m | $12.4m | $11.5m | |
| Gain (Loss) on Sales of Loans, Net | $1.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $5.2m | $2.7m | $1.7m | $2.2m | $231k | $1.3m | $1.9m | $210k | $565k | $383k | |
| Parent Company | $51.6m | $57.0m | $66.0m | $95.4m | $98.5m | $97.7m | $104.4m | $111.7m | $111.8m | $111.0m | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | — | — | $2.0m | — | |
| Goodwill | $89.5m | $116.6m | $666.5m | $663.7m | $663.7m | $663.7m | $765.8m | $765.8m | $765.8m | $765.8m | |
| Realized Investment Gains (Losses) | $548k | — | — | — | — | — | — | — | — | — | |
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | $19.0m | ($13.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $123.3m | $139.6m | $168.4m | $208.2m | $185.1m | $195.2m | $273.7m | $295.6m | $249.8m | $221.4m | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $12.6m | $4.9m | $4.2m | $5.5m | $4.7m | $4.7m | $5.4m | $4.5m | $5.1m | $4.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $7.5m | ($28.3m) | $132.9m | $0 | $0 | — | ($329.0m) | $0 | $0 | — | |
| Gain (Loss) on Sale of Investments | — | — | $0 | $5k | $0 | $0 | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($152.7m) | — | $807.7m | $325.3m | ($1.3b) | ($1.7b) | ($1.2b) | $536.3m | $852.7m | ($210.3m) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $97.6m | $28.6m | $24.7m | $7.1m | $9.8m | $330k | $90.2m | $329k | $66.4m | $65.0m | |
| Payments for Repurchase of Common Stock | $1.9m | $1.1m | $7.8m | $2.6m | $92.8m | $8.3m | $46.3m | $21.2m | $2.8m | $81.1m | |
| Payments of Ordinary Dividends, Common Stock | $51.6m | $57.0m | $66.0m | $95.4m | $98.5m | $97.7m | $104.4m | $111.7m | $111.8m | $111.0m | |
| Net Cash Provided by (Used in) Financing Activities | $45.0m | ($255.7m) | ($956.5m) | ($511.9m) | $2.9b | $1.3b | ($625.9m) | ($754.1m) | ($1.2b) | $160.6m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | $203.5m | $281.3m | $204.7m | $376.4m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $33.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.