Revenue: As of FY2026 Q1, the actual value is USD 83.32 M.

EPS: As of FY2026 Q1, the actual value is USD 0.88.

EBIT: As of FY2026 Q1, the actual value is USD 71.85 M.

Operational Metrics

Net Income

• Net income available to common shareholders was $26.0 million for the three months ended March 31, 2026, compared to $32.6 million for the three months ended December 31, 2025, and $10.4 million for the three months ended March 31, 2025.
• Adjusted earnings (non-GAAP) were $25.8 million for the three months ended December 31, 2025.
• Earnings for March 31, 2026, represent an increase of $114 thousand, or $0.01 per diluted share, compared to adjusted earnings for the three months ended December 31, 2025.
• Earnings for March 31, 2026, represent an increase of $14.1 million, or $0.31 per diluted share (54.39%), compared to adjusted earnings per share for the three months ended March 31, 2025.

Total Revenue

• Total revenue (net interest income plus non-interest income) was $83.3 million for the three months ended March 31, 2026, compared to $86.4 million for the three months ended December 31, 2025, and $56.9 million for the three months ended March 31, 2025.

Net Interest Income

• Net interest income was $73.3 million for the three months ended March 31, 2026, compared to $74.3 million for the three months ended December 31, 2025, and $48.4 million for the three months ended March 31, 2025.
• The decrease in net interest income of $956 thousand, or 1.29% (5.22% annualized), when comparing the first quarter of 2026 to the fourth quarter of 2025, was primarily due to a decrease in average loans outstanding, lower average loan yields, and a decrease in purchase accounting accretion.

Non-Interest Income

• Total non-interest income was $10.0 million for the three months ended March 31, 2026, compared to $12.1 million for the three months ended December 31, 2025, and $8.5 million for the three months ended March 31, 2025.
• The quarter-over-quarter decrease was primarily attributable to lower wealth and asset management fees, reduced bank-owned life insurance benefits, and lower net realized gains on available-for-sale securities, partially offset by an increase in other non-interest income.

Total Non-Interest Expense

• Total non-interest expense was $49.2 million for the three months ended March 31, 2026, compared to $60.1 million for the three months ended December 31, 2025, and $41.0 million for the three months ended March 31, 2025.
• Excluding merger and integration costs, total non-interest expense for the three months ended December 31, 2025, was $52.3 million, and for March 31, 2025, it was $39.5 million.
• The quarter-over-quarter decrease of $3.1 million, or 5.93% (excluding merger and integration costs), was primarily driven by lower salaries and benefits and lower state and local taxes.

Provision for Credit Losses

• The provision for credit losses was $998 thousand for the three months ended March 31, 2026, compared to a net reversal of -$15.5 million for the three months ended December 31, 2025, and a provision of $1.6 million for the three months ended March 31, 2025.
• The $16.5 million increase in provision expense for the first quarter of 2026 compared to the fourth quarter of 2025 was primarily driven by the early adoption of ASU 2025-08 in the fourth quarter of 2025.

Pre-Provision Net Revenue (PPNR, non-GAAP)

• PPNR was $34.1 million for the three months ended March 31, 2026, $26.3 million for December 31, 2025, and $15.9 million for March 31, 2025.
• Adjusted PPNR (non-GAAP) was $34.1 million for December 31, 2025, and $17.4 million for March 31, 2025.

Unique Metrics

Loans

• Excluding $78.3 million of syndicated loan balances, total loans were $6.4 billion as of March 31, 2026.
• Organic loans decreased by $67.3 million, or 1.41% (5.73% annualized), compared to December 31, 2025, primarily due to increased prepayments in certain larger Commercial Real Estate (CRE) loans.
• Organic loan growth (excluding ESSA acquired loans) was $156.2 million, or 3.44%, compared to March 31, 2025.
• The syndicated loan portfolio totaled $78.3 million, or 1.22% of total loans, as of March 31, 2026, an increase from $70.8 million (1.09%) at December 31, 2025, and $69.2 million (1.50%) at March 31, 2025.
• Commercial office loans totaled $146.7 million (2.28% of total loans), commercial hospitality loans totaled $346.5 million (5.39% of total loans), and commercial multifamily loans totaled $558.2 million (8.68% of total loans) as of March 31, 2026.

Deposits

• Total deposits were $7.1 billion as of March 31, 2026.
• Including $89.9 million in deposits classified as held for sale, organic deposit growth for the quarter totaled $115.0 million, or 1.62% (6.55% annualized), compared to December 31, 2025.
• Excluding ESSA acquired deposits, total deposits increased $314.3 million, or 5.76%, compared to March 31, 2025.
• Estimated uninsured deposits for CNB Bank were approximately $2.1 billion, or 29.11% of total deposits, as of March 31, 2026.
• Adjusted total estimated uninsured deposits were approximately $1.3 billion, or 17.54% of total deposits, as of March 31, 2026, which decreased compared to December 31, 2025.

Net Interest Margin

• Net interest margin was 3.83% for the three months ended March 31, 2026, compared to 3.84% for the three months ended December 31, 2025, and 3.38% for the three months ended March 31, 2025.
• Net interest margin on a fully tax-equivalent basis (non-GAAP) was 3.84% for both March 31, 2026, and December 31, 2025, and 3.37% for March 31, 2025.
• Excluding purchase accounting loan accretion, the net interest margin on a fully tax-equivalent basis was 3.68% for both March 31, 2026, and December 31, 2025.
• The yield on earning assets was 5.85% for the three months ended March 31, 2026, a decrease of 12 basis points compared to December 31, 2025, but an increase of 12 basis points compared to March 31, 2025.
• The cost of interest-bearing liabilities was 2.52% for the three months ended March 31, 2026, reflecting decreases of 13 basis points from December 31, 2025, and 41 basis points from March 31, 2025.

Credit Quality

• Total nonperforming assets were approximately $49.2 million, or 0.58% of total assets, as of March 31, 2026, compared to $42.2 million, or 0.50% of total assets, as of December 31, 2025, and $56.1 million, or 0.89% of total assets, as of March 31, 2025.
• Net loan charge-offs for the three months ended March 31, 2026, were $884 thousand, or 0.06% (annualized) of average total loans and loans held for sale, compared to $1.5 million, or 0.09% (annualized), during the three months ended December 31, 2025.
• The allowance for credit losses measured as a percentage of total loans was 1.04% as of March 31, 2026, compared to 1.03% as of December 31, 2025, and 1.03% as of March 31, 2025.
• The allowance for credit losses as a percentage of nonaccrual loans was 145.33% as of March 31, 2026, compared to 168.29% as of December 31, 2025, and 87.57% as of March 31, 2025.

Capital

• Book value per common share was $28.06 as of March 31, 2026, compared to $27.63 at December 31, 2025, and $27.01 at March 31, 2025.
• Tangible book value per common share (non-GAAP) was $23.97 as of March 31, 2026, compared to $23.48 at December 31, 2025, and $24.91 at March 31, 2025.
• Total shareholders’ equity was $889.1 million as of March 31, 2026, an increase of $17.0 million (1.95%) from December 31, 2025, and an increase of $264.6 million (42.37%) from March 31, 2025.
• The Corporation’s ratio of common shareholders’ equity to total assets was 9.76% as of March 31, 2026, compared to 9.70% at December 31, 2025, and 9.00% at March 31, 2025.
• The ratio of tangible common equity to tangible assets (non-GAAP) was 8.46% as of March 31, 2026, compared to 8.36% at December 31, 2025, and 8.36% at March 31, 2025.
• All regulatory capital ratios for the Corporation exceeded “well-capitalized” levels as of March 31, 2026.

Efficiency Ratio

• The Corporation’s efficiency ratio was 59.03% for the three months ended March 31, 2026, compared to 69.55% for December 31, 2025, and 72.07% for March 31, 2025.
• On a fully tax-equivalent basis (non-GAAP), the efficiency ratio was 57.32% for March 31, 2026, 67.73% for December 31, 2025, and 71.28% for March 31, 2025.

Outlook/Guidance

• CNB Financial Corporation is focused on growth opportunities in new Northeastern Pennsylvania markets and continued franchise expansion in legacy markets across its four-state footprint.
• The Corporation anticipates continued positive loan production, entering the second quarter with a strong loan pipeline across its portfolio mix.
• Management aims to achieve increased shareholder tangible book value accretion and provide cash returns through sustained operating performance, retained earnings, regular dividends, and strategic balance sheet and capital management activities.