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CVB Financial files amended 8-K with pro forma merger financials for Heritage deal

PUBT·05/07/2026 21:14:50
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CVB Financial files amended 8-K with pro forma merger financials for Heritage deal
  • CVB Financial filed amendment to its current report, updating unaudited pro forma condensed combined financial information tied to planned merger with Heritage Commerce.
  • Pro forma balance sheet as of Dec. 31, 2025 showed combined total assets of USD 21.47 billion, including pro forma goodwill of USD 1.09 billion.
  • Pro forma statement of income for year ended Dec. 31, 2025 showed net earnings of USD 241.02 million, reflecting merger-related expense assumptions of USD 43 million offset by estimated expense synergies of USD 43 million.
  • Estimated merger consideration transferred was USD 845.37 million, based on issuance of 40,799 CVB shares using CVB share price of USD 20.68 as of April 17, 2026.
  • Amendment also reflected early adoption of ASU 2025-08, shifting estimated USD 22.8 million credit mark on acquired non-PCD loans into allowance for credit losses at acquisition.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CVB Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-212352), on May 07, 2026, and is solely responsible for the information contained therein.