CVB FINANCIAL CORP. CVBF Cash Flow

Cvb financial corp. (CVBF)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flows from Operating Activities
Interest and dividends received
434,611	438,795	449,328	434,169	397,971	363,217	319,555	301,497	300,489	296,885	293,387	286,524	281,782	279,210	278,039	278,510	277,929	277,593	278,822	276,042	268,534	263,878	256,202	249,627	248,306	244,205	245,489	248,780	257,527	264,482	268,380	270,842	269,726	270,885	273,128	279,909	289,152	300,013	0	0	0
Service charges and other fees received
41,886	42,489	41,249	40,251	37,748	35,915	34,341	34,579	35,409	35,003	34,628	31,592	30,971	31,044	31,185	32,672	30,837	29,604	33,478	33,331	34,138	34,527	30,044	27,400	28,826	30,494	31,358	35,546	37,274	36,399	37,110	36,597	33,439	33,855	33,045	36,003	35,699	35,430	0	0	0
Interest paid
20,446	21,193	20,754	19,842	16,405	13,241	10,649	8,406	8,411	8,286	8,177	8,125	8,054	7,987	7,925	7,729	7,466	9,467	11,578	13,851	15,968	16,067	16,230	16,198	16,353	16,616	17,009	20,720	23,873	27,034	86,036	32,379	34,035	36,226	-16,359	44,014	51,453	59,494	0	0	0
Net cash paid to vendors, employees and others
157,488	182,568	201,681	210,353	196,347	171,998	141,613	128,803	130,330	114,424	113,466	110,181	102,228	125,726	129,677	133,519	132,415	132,499	140,839	140,119	140,566	134,913	116,401	117,743	96,974	93,076	94,699	110,508	130,581	130,605	320,828	118,476	123,814	123,675	-49,964	155,279	152,270	145,712	0	0	0
Income taxes
-	-	-	-	-	48,876	52,851	56,532	70,707	70,250	73,278	68,592	51,660	51,495	51,995	54,500	58,500	58,500	52,589	50,089	58,589	58,589	47,000	50,500	31,000	53,200	0	0	0	-	-	-	-	57,000	0	0	0	-	-	-	-
Payments to FDIC, loss share agreement
-	-	-	-	-	-64	-86	-110	-108	-519	-502	-785	-790	-514	-1,139	-832	-1,528	-1,089	-408	-222	-684	-1,134	-1,421	-1,680	-368	4	1,371	13,010	17,845	18,974	16,130	19,275	21,761	42,179	0	0	0	-	-	-	-
Net cash provided by operating activities
229,222	208,182	195,799	179,229	173,444	164,953	148,697	142,225	127,256	138,409	132,592	130,433	150,351	124,532	118,488	114,602	108,857	105,642	106,886	105,092	86,865	87,702	105,194	90,906	132,437	111,811	112,310	123,453	128,537	154,761	149,471	172,859	137,077	130,018	129,621	79,949	88,490	102,865	0	0	0
Cash Flows from Investing Activities
Proceeds from redemption of FHLB stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,423	-1,423	-1,423	-8,360	-7,750	-7,750	-9,264	-3,642	-10,413	-17,502	-21,784	-25,421	-24,320	-23,008	-20,598	-18,241	-16,038	-34,853	-27,930	-20,956	-14,055	0	0	0	-	-	-	-
Net change in interest-earning balances from depository institutions
-16,379	4,739	3,139	3,519	5,474	13,076	14,503	17,900	20,221	30,375	63,136	66,701	60,876	47,179	12,347	-4,558	-2,509	-5,573	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturity of interest-earning balances from depository institutions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment of investment securities available-for-sale
379,342	364,126	354,999	352,011	365,440	383,155	401,989	419,835	418,258	425,666	443,510	422,299	456,245	448,823	420,383	421,338	395,955	395,430	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from maturity of investment securities available-for-sale
8,934	7,109	10,450	18,100	15,271	24,651	27,943	22,811	33,191	28,620	37,331	58,212	86,472	97,603	126,596	130,114	111,200	128,709	96,022	-12,634	44,837	75,916	-200,898	-26,052	8,700	80,546	502,618	554,896	566,923	559,187	535,178	473,146	416,259	373,740	0	0	0	-	-	-	-
Purchases of investment securities available-for-sale
-	-	-	-	-	-	-	-	-	319,603	533,476	599,367	586,358	461,674	471,543	555,547	702,551	694,630	498,312	628,537	707,822	805,544	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from repayment and maturity of investment securities held-to-maturity
118,268	114,569	94,956	78,485	81,141	81,816	89,954	102,612	115,402	118,540	146,233	223,593	277,520	281,141	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities held-to-maturity
29,252	47,587	0	0	0	-	-	12,288	33,505	42,400	121,043	376,446	355,229	346,334	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in equity investments
17,159	16,488	4,320	5,847	21,600	24,863	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturity of investment securities held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	72,233	44,560	54,481	84,345	80,219	114,654	101,684	90,342	203,393	291,603	298,982	304,772	0	0	0
Net decrease (increase) in loan and lease finance receivables
-171,407	-231,105	-117,242	-47,594	54,890	179,054	88,972	116,288	164,960	111,879	123,707	123,206	118,866	203,040	301,400	280,192	283,150	189,707	115,552	164,936	72,712	16,767	-781	14,347	12,580	87,276	99	-55,839	-78,155	-48,001	-551,703	-142,611	-148,653	-232,164	195,031	-321,425	-285,014	-265,009	0	0	0
Proceeds from sale of building, net
268	5,755	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	6,417	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,134,928	908,254	779,554	942,710	2,014,820	869,228	896,609	816,386	-440,027	1,210,982	1,321,480	1,098,711	0	0	0
Proceeds from sales of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25	10	7	7	27	37	69	69	191	306	300	375	240	0	0	0
Purchase of premises and equipment
4,914	5,522	3,772	5,597	4,968	4,194	5,247	3,649	4,611	4,893	13,401	13,039	12,702	12,615	2,963	3,429	2,623	1,869	1,474	1,414	1,749	1,893	2,009	1,844	1,663	2,421	2,969	2,899	4,619	4,271	5,737	4,130	2,078	1,676	222	2,560	5,287	6,712	0	0	0
Proceeds from BOLI death benefit
1,623	1,660	3,010	1,676	1,676	2,383	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of other real estate owned
0	523	523	523	523	8,067	0	0	0	-	-	-	1,902	2,102	1,854	1,670	1,369	2,587	5,816	5,109	7,243	5,825	2,637	2,353	9,528	12,971	13,943	17,689	15,231	18,295	26,264	29,519	25,625	20,907	21,405	13,425	16,375	16,460	0	0	0
Cash acquired from acquisition, net of cash paid
-	-	-	-	-	-	-	-	-	-28,325	-28,325	-28,325	-28,325	7,504	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	321	330	0	0	0
Net cash provided by investing activities
277,472	325,323	475,135	1,069,279	879,754	811,081	856,930	212,877	189,621	140,035	-61,547	-301,556	-168,539	-154,016	-228,899	-113,433	-381,449	-300,748	-78,589	-238,382	-207,076	-268,521	-363,237	-480,693	-345,114	-378,456	-427,029	-118,409	48,020	-221,088	-66,061	-99,429	-192,308	-86,663	78,465	324,635	360,969	550,435	0	0	0
Cash Flows from Financing Activities
Net increase (decrease) in other deposits
523,365	-36,926	-165,321	-567,932	-776,900	-444,316	-268,649	-98,213	-56,257	-50,611	8,398	87,327	621,653	541,210	470,407	460,193	156,721	378,321	215,115	329,180	376,409	291,005	494,642	472,866	472,069	149,271	164,662	192,284	91,055	292,422	298,261	319,761	358,922	338,443	412,619	214,631	229,758	184,559	0	0	0
Net increase (decrease) in time deposits
-63,881	-85,636	-150,175	-174,537	-148,401	-145,033	-72,936	-36,991	-50,450	-47,342	-83,094	-337,929	-347,364	-363,486	-323,580	-82,783	-62,466	-65,719	-14,936	35,129	32,206	44,647	-9,210	-53,992	-47,444	-32,627	-50,292	-58,812	-85,001	-122,983	-106,289	-125,184	-164,507	-252,723	-345,911	-311,793	-262,480	-104,086	0	0	0
Repayment of FHLB advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,000	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	200,000	0	0	0
Repayment of junior subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,238	41,238	61,857	61,857	48,043	0	0	0	-	-	-	-	-	-	-	-
Net decrease in other borrowings
-153,000	-280,000	-25,086	-166,000	-13,000	114,000	-199,000	0	0	-53,000	63,000	0	0	7,000	0	0	0	0	0	0	0	-23,000	-42,482	0	0	43,000	0	0	0	-	-	-	-	-1,917	198,178	-128	-1,266	-508	0	0	0
Net (decrease) increase in customer repurchase agreements
-93,859	-13,596	8,373	37,217	-24,503	-111,518	-55,592	-162,031	-77,110	-49,255	-122,921	-44,380	-62,052	-87,255	-31,763	-71,440	66,508	127,077	81,350	50,867	-66,450	-79,624	-37,059	119,818	126,687	170,007	117,095	24,005	22,547	-36,126	-36,485	-67,784	-100,441	-32,818	-72,299	39,759	42,795	57,056	0	0	0
Cash dividends on common stock
100,988	95,352	89,754	79,940	70,157	65,966	61,725	61,704	59,481	57,047	54,599	52,130	51,850	51,625	51,415	51,222	51,038	48,862	46,679	44,521	42,351	42,298	0	0	0	-	-	-	-	44,552	89,477	35,586	35,691	35,805	-17,931	36,062	36,085	36,103	0	0	0
Repurchase of common stock
86,923	2,640	8,307	7,735	7,703	7,760	1,119	1,132	1,103	1,128	2,408	2,332	2,332	1,907	724	731	729	834	697	1,077	5,939	5,474	5,483	5,406	567	559	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
2,117	2,215	2,409	2,341	1,013	1,701	1,650	1,711	1,321	2,683	4,514	5,286	7,056	5,151	3,646	2,898	2,116	5,144	4,816	4,913	5,151	5,522	7,244	8,846	8,106	4,517	2,796	1,097	1,297	2,557	2,414	2,242	1,395	59	458	879	1,414	1,547	0	0	0
Tax benefit related to exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	308	905	1,062	1,171	1,116	1,243	1,212	1,029	475	230	77	89	194	178	175	109	1	-32	90	392	425	0	0	0
Net cash provided by (used in) financing activities
26,831	-511,935	-427,861	-1,254,157	-1,337,222	-956,463	-954,942	-358,360	-243,080	-255,700	-186,414	-343,312	161,043	45,020	61,343	251,567	110,806	195,435	39,874	175,553	100,197	191,894	366,657	511,702	498,785	262,907	197,976	-199,471	-317,597	-180,585	-278,167	-53,810	-67,511	-102,287	-60,188	-447,793	-380,641	-352,279	0	0	0
Net increase in cash and cash equivalents
533,525	21,570	243,073	-5,649	-284,024	19,571	50,685	-3,258	73,797	22,744	-115,369	-514,435	142,855	15,536	-49,068	252,736	-161,786	329	68,171	42,263	-20,014	11,075	108,614	121,915	286,108	-3,738	-116,743	-194,427	-141,040	-246,912	-194,757	19,620	-122,742	-58,932	147,898	-43,209	68,818	301,021	0	0	0
Reconciliation of Net Earnings to Net Cash Provided by Operating Activities
Net earnings
194,165	207,827	199,705	187,840	168,732	152,003	126,695	117,820	110,820	104,411	113,636	109,401	106,542	101,429	102,966	105,404	106,703	99,145	96,113	92,522	91,193	104,021	103,728	103,672	102,654	95,608	92,456	77,474	76,627	77,280	76,856	89,982	87,401	81,733	69,895	65,439	63,416	62,935	0	0	0
Adjustments to reconcile net earnings to net cash provided by operating activities:
Gain on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	1,101	0	0	0	-	-	671	671	6,001	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,094	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of building, net
231	4,776	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of premises and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-52	-51	-184	14	0	0	0	-	-	-	-	41	-128	-103	-165	-181	0	0	0
Gain on sale of other real estate owned
0	105	105	129	105	3,540	0	0	0	-	-	-	-	-	-	-	-	384	1,121	1,072	1,069	957	222	112	2,536	3,048	2,983	3,512	1,754	1,393	1,978	1,582	799	722	374	-1,350	-625	-514	0	0	0
Amortization of capitalized prepayment penalty on borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	272	272	272	272	272	272	272	272	0	0	0	-	-	-	-	-	-	-	-
Increase in BOLI
-5,587	-5,670	-8,290	-7,525	-6,080	-5,751	-3,569	-3,056	-5,181	-4,932	-5,128	-5,245	-4,040	-3,829	-3,997	-3,634	-4,037	-4,029	-3,706	-3,823	-2,322	-2,314	-2,387	-2,274	-2,325	-2,435	-7,688	-6,424	-5,094	-3,612	-3,577	-3,625	-3,216	-3,259	3,320	3,400	2,987	3,125	0	0	0
Net amortization of premiums and discounts on investment securities
-10,420	-10,298	-10,463	-11,283	-12,190	-13,531	-42,263	-34,308	-26,470	-18,017	-22,842	-1,824	-11,214	-21,005	49,567	19,097	19,388	19,540	-20,110	-20,725	-20,951	-21,020	-21,809	-23,170	-25,372	-27,064	-27,274	-26,897	-36,316	-24,082	-40,813	-31,076	-11,869	-14,105	12,507	10,438	9,161	6,947	0	0	0
Accretion of discount for acquired loans, net
26,407	28,831	30,880	28,478	21,588	15,400	11,292	6,791	5,918	5,159	2,672	2,964	3,481	4,028	3,134	3,589	3,852	4,032	4,289	4,663	5,098	5,825	6,606	8,181	10,170	12,856	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recapture of loan losses
-	-	-	-	-	1,500	-3,000	-5,000	-5,000	-8,500	-11,400	-11,900	-10,900	-6,400	0	0	0	-	-	-	-	-16,100	22,900	25,650	24,250	16,750	0	0	0	-	-	-14,136	-14,136	-7,068	19,768	45,068	56,068	61,200	0	0	0
Recapture of provision for unfunded loan commitments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	500	1,750	1,750	1,250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of SJB discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-38,107	-37,606	-38,839	-27,412	0	0	0
Valuation adjustment on other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	337	337	337	377	162	162	227	98	65	467	402	416	489	644	816	894	1,047	1,780	3,110	4,545	5,139	0	0	0	-	-	-	-
Change in FDIC loss share asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,228	23,501	18,590	12,860	-13,292	-17,103	-28,883	-21,916	-20,286	-12,383	4,530	171	2,174	3,960	3,858	15,856	0	0	0
Payments to FDIC, loss share agreement
-	-	-	-	-	-64	-86	-110	-108	-519	-502	-785	-790	-514	-1,139	-832	-1,528	-1,089	-408	-222	-684	-1,134	-1,421	-1,680	-368	4	1,371	13,010	17,845	18,974	16,130	19,275	21,761	42,179	0	0	0	-	-	-	-
Stock-based compensation
6,146	5,548	4,984	4,010	3,791	3,508	3,069	2,965	3,010	2,953	2,849	2,953	2,828	2,803	2,843	2,669	2,655	2,733	2,755	2,828	3,064	2,988	2,764	2,564	2,121	1,926	2,091	2,095	2,095	2,039	1,928	1,864	2,029	2,214	2,194	2,279	2,255	2,197	0	0	0
Depreciation and amortization, net
21,543	22,036	21,196	15,827	13,761	8,349	7,236	3,413	2,356	2,657	1,763	3,237	5,745	5,324	1,834	-81	-1,066	-1,474	164	266	207	832	908	1,704	1,972	2,449	3,785	5,167	6,205	7,532	8,111	8,621	9,246	9,648	9,894	10,335	10,518	10,546	0	0	0
Change in accrued interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	875	-442	-1,210	-304	-2,279	-2,477	-664	-1,157	999	1,639	386	-135	7,660	6,083	5,891	5,025	0	0	0
Change in accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-31	-53	-223	-382	-468	-2,179	-2,111	-2,033	-2,669	-1,122	-1,209	-1,459	-861	-1,341	-1,380	-1,496	0	0	0
Change in other assets and liabilities
-19,363	-2,545	-1,210	144	-3,563	-11,067	-22,833	-24,936	-18,719	-34,625	-13,115	-14,735	-32,601	-8,191	-4,202	-194	2,118	-1,880	-21,246	-22,735	-8,773	-7,643	-10,418	7,158	-32,394	-7,914	-46,791	-51,521	-19,143	-31,037	11,598	-6,076	-1,396	14,286	9,383	36,206	18,685	-14,749	0	0	0
Total adjustments
35,057	355	-3,906	-8,611	4,712	12,950	22,002	24,405	16,436	33,998	18,956	21,032	43,809	23,103	15,522	9,198	2,154	6,497	10,773	12,570	-4,328	-16,319	1,466	-12,766	29,783	16,203	19,854	45,979	51,910	77,481	72,615	82,877	49,676	48,285	59,726	14,510	25,074	39,930	0	0	0
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	0	73,797	-	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-116,743	-194,427	-141,040	-246,912	-194,757	19,620	-122,742	-58,932	147,898	-43,209	68,818	301,021	0	0	0
Net cash provided by operating activities
229,222	208,182	195,799	179,229	173,444	164,953	148,697	142,225	127,256	138,409	132,592	130,433	150,351	124,532	118,488	114,602	108,857	105,642	106,886	105,092	86,865	87,702	105,194	90,906	132,437	111,811	112,310	123,453	128,537	154,761	149,471	172,859	137,077	130,018	129,621	79,949	88,490	102,865	0	0	0
Supplemental Disclosure of Non-cash Investing Activities
Securities purchased and not settled
-	-	-	-	-	-	-	-	-	-	-	-	-	23,777	2,490	-13,274	3,498	1,696	0	0	0	-	0	0	0	-	-	0	0	-	-	17,092	-33,136	20,641	0	0	0	-	-	-	-
Transfer of loans to other real estate owned
2,614	4,889	9,450	2,695	2,695	420	0	0	0	-	-	-	-	-	-	-	-	3,721	5,044	5,151	4,787	1,963	640	478	189	1,492	7,156	8,735	10,741	10,246	7,796	17,796	29,470	32,331	33,667	29,408	16,369	30,097	0	0	0
Issuance of common stock for acquisition
-	-	-	-	-	722,767	722,767	0	0	37,637	37,637	37,637	37,637	21,642	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-