1

KBW 8th Annual Community Bank

Investor Conference

July 31 – Aug. 1, 2007

Safe Harbor

Certain matters set forth herein constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, including forward-
looking statements relating to the Company’s current business plan and
expectations regarding future operating results. These forward-looking
statements are subject to risks and uncertainties that could cause actual results,
performance or achievements to differ materially from those projected. These
risks and uncertainties include, but are not limited to, the impact of changes in
interest rates, a decline in economic conditions, adverse changes resulting
from natural and manmade disasters, effects of government regulation and
increased competition among financial services providers and other factors set
forth in the Company’s public reports including its Annual Report on Form 10-K for
the year ended December 31, 2006, and particularly the discussion of risk
factors within that document. The Company does not undertake, and specifically
disclaims any obligation to update any forward-looking statements to reflect
occurrences or unanticipated events or circumstances after the date of such
statements except as required by law.

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3

1974

Chino Valley Bank formed

1981

CVB Financial Corp.

(holding company formed)

1996

Chino Valley Bank

becomes Citizens Business Bank

Headquarters

Origin

Business Financial Centers

Assets

Deposits

Loans

Market Capitalization

4

Ontario, California

August 9, 1974

44

$6.137 Billion

$3.509 Billion

$3.303 Billion

$940.80 Million

5

Name

Christopher D. Myers

Edward J. Biebrich Jr.

Jay W. Coleman

Edward J. Mylett Jr.

Chris A. Walters

Yamynn De Angelis

Elsa Zavala

David M. Krebs

Position

President
Chief Executive Officer

Executive Vice President
Finance Division

Executive Vice President
Sales Division

Executive Vice President
Credit Management Division

Executive Vice President
Wealth Management

Senior Vice President
Service Division

Senior Vice President
Information Technology Division

Senior Vice President
Human Resources

Banking
Experience

23 Years

25 Years

43 Years

33 Years

21 Years

28 Years

27 Years

13 Years

CVB
Service

1 Year

9 Years

19 Years

11 Years

New

20 Years

14 Years

4 Years

Name

Nancy A. Sinclair

Stephen Tidland

James E. Mead

Vince L. Gottuso

Mark Richardson

John H. Tait

Ted Dondanville

Larry Zivelonghi

6

Average: 28 Years 12 Years

Position

Senior Vice President
The Marketing Group

Senior Vice President
President – Golden West Financial

Senior Vice President
Regional Manager – Region 1

Senior Vice President
Regional Manager – Region 2

Senior Vice President
Regional Manager – Region 3

Senior Vice President
Regional Manager – Region 4

Senior Vice President
Regional Manager – Region 5

Senior Vice President
Dairy & Livestock Industries Group

Banking
Experience

38 Years

38 Years

32 Years

21 Years

18 Years

38 Years

25 Years

27 Years

CVB

Service

10 Years

20 Years

14 Years

14 Years

14 Years

6 Years

9 Years

14 Years

“The vision of CVB Financial Corp. is to be
recognized as the premier relationship
financial institution for businesses and
professionals in California with $8.0 billion in
assets by December 31, 2008 and $12.0 billion
in assets by December 31, 2012, with earnings
growth of 15.0% a year, a return on equity of
20.0% and a return on assets of 1.6%”

7

“The Mission of CVB Financial Corp. is to achieve
superior performance and rank in the top 10% of all
financial institutions in the nation in return on equity
and return on assets. This will be achieved by
delivering the finest in financial products and services
through relationship banking commitments with
businesses and professionals in the Inland Empire,
Los Angeles County, Orange County and the Central
Valley areas of California. It will be supported by an
unqualified commitment to our five core values of
financial strength, superior people, customer focus,
cost-effective operation and having fun.”

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9

U.S. Banker Magazine

Top Business Bank in the Nation

15 th Ranked Bank in the Nation

America’s Finest Companies investment
directory

One of 318 out of 19,000 U.S. public companies.

Bank Director Magazine (December 2006)

14 th Ranked Bank in the Nation

The Findley Report

27 Consecutive Years – Premier Performing Bank

16 Consecutive Years – Super Premier Performing Bank

KBW Honor Roll

Five Consecutive Years

Fitch Ratings

BBB+

10

Rising Short-term Interest Rates

Slowing Housing Market

Economic Volatility (Oil prices, etc.)

11

Total Deposits

Total Loans

Total Capital

Total Assets

Net Earnings

12

(000s)

12/31/05

12/31/06

Change

%

Demand
Deposits

$1,490,613

$1,363,411

($127,202)

(8.53)

Total
Deposits

(including REPOs)

3,424,045

3,501,208

77,163

2.25

Total Loans

2,663,864

3,070,196

406,332

15.25

Capital

342,877

389,339

46,462

13.55

Assets

5,422,971

6,094,262

671,291

12.38

13

(000s)

12/31/01

12/31/06

Change

Demand
Deposits

$766,329

$1,363,411

$597,082

Total
Deposits
(including REPOs)

1,876,959

3,501,208

1,624,249

Total Loans

1,187,540

3,070,196

1,882,656

Capital

220,748

389,339

168,591

Assets

2,514,102

6,094,262

3,580,160

14

*Earnings before securities gains & losses, OREO gains & losses, provisions for OREO &
loan losses, and income taxes.

(000s)

2005

2006

Change

%

Operating
Earnings*

$109,280

$105,573

($3,707)

(3.39)

Earnings
Before Taxes

106,964

103,630

(3,334)

(3.12)

Taxes

36,346

31,724

(4,622)

(12.72)

Net Earnings
After Taxes

70,618

71,906

1,288

1.82

Diluted EPS

0.83

0.85

0.02

2.41

15

*Earnings before securities gains & losses, OREO gains & losses, provisions for OREO &
loan losses, and income taxes.

(000s)

2001

2006

Change

Annual %

Increase

Operating
Expenses*

$64,922

$105,573

40,651

10.21

Earnings
Before Taxes

63,358

103,630

40,272

10.34

Taxes

23,300

31,724

8,424

6.37

Net Earnings
After Taxes

40,058

71,906

31,848

12.41

Diluted EPS

0.48

0.85

0.37

12.11

16

Source: Federal Deposit Insurance Corporation

CVB

California
Banks

U.S.

Banks

Deposits

82%

35%

66%

Loans

159%

51%

73%

Capital

76%

49%

106%

Assets

142%

53%

72%

17

Source: Federal Deposit Insurance Corporation

CVB

California

Banks

U.S.

Banks

Return on
Average Equity

19.75%

13.03%

12.65%

Return on

Average Assets

1.25%

1.53%

1.35%

18

19

CVB Financial

Corp.

NASDAQ

Market Index

01/01/2002

$100.00

$100.00

12/31/2006

185.42

128.12

20

One dollar invested on February 11, 1975, with dividends reinvested,

would be valued at $554.35 as of December 31, 2006.

21

Rank Bank Assets*

1

Wells Fargo Bank

$482,000

2

Bank of the West

56,400

3

Union Bank of California

52,600

4

City National Bank

5

California Bank & Trust

14,715

10,834

6 East-West Bank

10,800

7 United Commercial Bank

10,346

8 Greater Bay Bank

7,400

9 Pacific Capital Bank

7,000

10 Cathay Bank

6,400

11 Silicon Valley Bank

6,043

12 Citizens Business Bank

6,034

13 California National Bank

5,518

14 Westamerica Bank

4,769

*Assets in thousands as of December 31, 2006

22

(21.47)

(257,209)

940,795

1,198,004

Market Capitalization

(16.19)

(3,063)

15,854

18,917

Earnings

3.10

184,624

6,137,043

5,952,419

Assets

17.32

58,580

396,834

338,254

Capital

16.35

464,128

3,303,273

2,839,145

Gross Loans

4.82

173,103

3,765,956

3,592,853

Total Deposits (including

Customer REPOs)

(1.92)

($26,247)

$1,340,768

$1,367,015

Demand Deposits

%

Decrease

06/30/07

06/30/06

(000s)

23

24

25

Flat or inverted yield curve

Increasing cost of borrowings

Fixed-Rate Composition of our
loan portfolio

Lack of demand deposit growth

26

California
Peer Banks

%

CVBF

%

Assets

Loans

2,749,452

70.5

3,070,196

50.4

Investments

788,469

20.2

2,582,902

42.4

Other Assets

359,360

9.2

441,164

7.2

Total Assets

3,897,281

100.0

6,094,262

100.0

Liabilities & Equity

Total Deposits

2,897,433

74.3

3,406,808

55.9

Borrowings

439,257

11.3

2,146,495

35.2

Other Liabilities

55,713

1.4

151,620

2.5

Equity

504,878

13.0

389,339

6.4

Total Liabilities & Equity

3,897,281

100.0

6,094,262

100.0

27

2004

2005

2006

Q2 2007

Yield on
Investments

4.38%

4.64%

5.06%

5.24%

Cost of
Borrowings

2.85%

3.39%

4.40%

5.01%

Spread

1.53%

1.25%

.66%

.23%

Yield on Loans

6.01%

6.52%

6.92%

6.85%

Cost of
Deposits

.56%

.94%

1.91%

2.12%

Spread

5.45%

5.58%

5.01%

4.73%

28

Amount %

Fixed Rate Loans $1,487,422 48.3

Fixed with Reset 716,887 23.3

Variable Rate Loans 874,556 28.4

$3,078,865 100.0%

29

6/30/06

6/30/07

Demand Deposits

$1,367,015

$1,340,768

Total Deposits

(including REPOs)

3,592,853

3,765,956

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31

Intelligent

Balance Sheet Sensitive

Interest Rate Sensitive

Strategic

Sustainable

Achievable

32

Relationship Banking

Credit Quality

Outstanding Customer Service

33

Demand deposit growth

Business loan growth

Lower cost time deposit growth

Fee income growth

Cost effective operation

34

DeNovo

Acquisition of business
& community banks

44 business financial centers growing
to over 50 by the end of 2008

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36

44 Existing Business

Financial Centers

Assets $238 million

Loans $157 million

Deposits $190 million

Locations in Manhattan Beach,

Marina del Rey, El Segundo and Gardena.

37

Stockton

Modesto

Merced

Santa Clarita

Encino

Century City

Santa Fe Springs

Anaheim

Torrance

Newport Beach

Temecula

38

Demand Deposits

Lower cost time/interest

bearing deposits

39

Marketing Focus

Business Expertise

40

Medical/Healthcare

Property Management/
Homeowner’s Associations

Professional Services (Law firms,
Insurance brokers, CPA firms)

Title/Escrow

Non-Profit Corporations

Government Services

41

Citizens Sweep Manager

Preferred Choice Banking

Citizens Automated Deposit

42

Target: business
clients with
medium six figure
deposit balances
or higher.

43

Target: individuals
and businesses with
deposit balances of
$25,000 or greater.

44

Target: “premium”
business clients
and prospects.

45

46

Real Estate Secured Loans vs. Other Loans

2,500,000

2,000,000

1,500,000

1,000,000

500,000

-

2000

2001

2002

2003

2004

2005

2006

47

Commercial and Industrial Lending (C&I)

Real Estate Lending

Small Business Lending

(credit scoring up to $250,000)

Home/Business Equity Lines of Credit

Asset Based Lending

SBA Lending

Dairy and Livestock Industries Group

Municipal Leasing

Golden West Financial Services

Equipment & Vehicle Leasing

48

Trust, Asset Management & Brokerage

Real Estate Loan Brokering

49

Non-Interest Expense

Net Interest Income + Non-Interest Income

Efficiency Ratio

=

70.00

65.00

60.00

55.00

50.00

45.00

40.00

1996

1997

1998

1999

2000

2001

2002

2003

2004

2005

2006

50

Increase Demand Deposits

• Deposit Rich Industries

• Technology/Treasury Management Products

• Deposit Sales Incentives

Increase Variable Rate Lending

• Commercial & Industrial

• Construction/ABL/Dairy & Livestock, etc…

• Utilization of interest rate swaps

51

De-Leverage

• $50 million per month available to pay debt or fund loans

Fee Income

•Trust, Asset Management & Brokerage

• Real Estate Loan Brokering

Geographic Expansion

52

• Share price as of June 19, 2007 for CVBF is
$10.13, 34% below its high of $15.34.

• Excellent asset quality.

• CVBF will greatly benefit from a decline in

short-term interest rates.

• Acquisition of First Coastal is accretive to

earnings.

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• The dominant community bank in its markets

• The fastest growing markets in California & Nation

• Strong capital position

• Excellent credit quality

• Consistent superior returns
- well above those of its peers

• Attractive dividends

• Recognized locally and nationally for superior

business and financial performance

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