Exhibit 12

CVB Financial Corp.

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

		For the Year Ended December 31,
	2017		2016		2015		2014		2013
			(Dollars in thousands)
Earnings excluding interest on deposits (1):
Earnings before income taxes	$	188,795	$	162,286	$	151,366	$	162,797	$	144,275
Fixed charges		4,212		3,896		5,136		13,341		13,449
	$	193,007	$	166,182	$	156,502	$	176,138	$	157,724
Fixed charges (1):
Interest on borrowings	$	2,252	$	2,019	$	3,305	$	11,412	$	11,620
Amortization of debt expense		-		-		-		-		-
Interest portion of rental expense		1,960		1,877		1,831		1,929		1,829
	$	4,212	$	3,896	$	5,136	$	13,341	$	13,449
Ratio of earnings to fixed charges, excluding interest on deposits		45.82		42.65		30.47		13.20		11.73
Ratio of earnings to fixed charges and preferred dividends, excluding interest on deposits		45.82		42.65		30.47		13.20		11.73
Earnings including interest on deposits (1):
Earnings before income taxes	$	188,795	$	162,286	$	151,366	$	162,797	$	144,275
Fixed charges		10,256		9,853		10,402		18,318		18,336
	$	199,051	$	172,139	$	161,768	$	181,115	$	162,611
Fixed charges (1):
Interest on deposits	$	6,044	$	5,957	$	5,266	$	4,977	$	4,887
Interest on borrowings		2,252		2,019		3,305		11,412		11,620
Amortization of debt expense		-		-		-		-		-
Interest portion of rental expense		1,960		1,877		1,831		1,929		1,829
	$	10,256	$	9,853	$	10,402	$	18,318	$	18,336
Ratio of earnings to fixed charges, including interest on deposits		19.41		17.47		15.55		9.89		8.87
Ratio of earnings to fixed charges and preferred dividends, including interest on deposits		19.41		17.47		15.55		9.89		8.87

(1) As defined in Item 503(d) of Regulation S-K.