Revenue: As of FY2026 Q2, the actual value is USD 87.65 M.

EPS: As of FY2026 Q2, the actual value is USD 0.91, beating the estimate of USD 0.8575.

EBIT: As of FY2026 Q2, the actual value is USD 35.16 M.

Net Income and Profitability

CNB Financial Corporation reported a net income of $27.2 million for Q2 2026. Net income available to common shareholders was $27,229 thousand in Q2 2026, an increase from $25,961 thousand in Q1 2026 and $12,881 thousand in Q2 2025. For the six months ended June 30, 2026, net income available to common shareholders was $53.2 million, compared to $23.3 million for the six months ended June 30, 2025. The Return on Average Tangible Common Equity (ROATCE) was 15.20%, and the Return on Average Equity was 12.65% for Q2 2026. The Return on Average Assets (ROAA) was 1.34% for Q2 2026, up from 1.31% in Q1 2026 and 0.90% in Q2 2025.

Revenue and Margins

Total Revenue increased by $4.3 million, or 5.19%, from the prior quarter. The Net Interest Margin (fully tax equivalent) was 3.89% in Q2 2026, up 5 basis points from the prior quarter, and the GAAP Net Interest Margin was 3.88% for Q2 2026, compared to 3.83% in Q1 2026 and 3.60% in Q2 2025. The yield on loans and loans held for sale was 6.38% in Q2 2026, up 2 basis points from the prior quarter. The yield on earning assets was 5.88% for the three months ended June 30, 2026, and the cost of interest-bearing liabilities was 2.50%. The cost of interest-bearing deposits was 2.42% in Q2 2026, down 3 basis points from the prior quarter.

Operating Costs and Efficiency

The Efficiency Ratio (fully tax equivalent) was 56.14% in Q2 2026, decreasing from 59.03% in Q1 2026 and 64.73% in Q2 2025. The adjusted efficiency ratio (fully tax equivalent) was 56.14% for Q2 2026, down from 57.32% in Q1 2026 and 63.50% in Q2 2025. Total non-interest expenses totaled $50,708 thousand in Q2 2026, an increase from $49,187 thousand in Q1 2026 and $39,617 thousand in Q2 2025. Salaries and benefits decreased quarter-over-quarter to $22,712 thousand due to lower incentive compensation accruals. State and local taxes increased to $2,046 thousand, primarily due to a sales tax refund recognized in Q1 2026. Pre-provision net revenue (non-GAAP) was $36.9 million for the three months ended June 30, 2026, compared to $34.1 million for the three months ended March 31, 2026, and $21.6 million for the three months ended June 30, 2025.

Loans and Deposits

Total loans receivable reached $6.5 billion, increasing by $79.8 million, or 4.98% annualized, from the prior quarter. Total loans, excluding $93.9 million of syndicated loan balances, were $6.4 billion as of June 30, 2026. Organic loans increased by $64.3 million, or 4.06% annualized, during Q2 2026, primarily due to growth in commercial and industrial loans. The syndicated loan portfolio totaled $93.9 million, or 1.44% of total loans, as of June 30, 2026, an increase from $78.3 million as of March 31, 2026. Total deposits were $7.1 billion as of June 30, 2026, decreasing by $59.8 million, or -3.36% annualized, from the prior quarter. Organic deposits declined by $68.4 million, or -3.80% annualized, compared to March 31, 2026. Excluding the impact of a $140.0 million municipal deposit relationship exit, total deposits increased approximately $71.6 million, or 3.97% annualized, compared to Q1 2026. Noninterest-bearing deposits increased by $22.7 million, or 8.07% annualized, in Q2 2026, driven by treasury management customer relationships. The Loan/Deposit ratio stood at 92.00%.

Asset Quality

The Allowance for Credit Losses / Total loans ratio was 1.04% in Q2 2026. Total nonperforming assets were $58.4 million, or 0.69% of total assets, as of June 30, 2026, an increase from $49.2 million, or 0.58% of total assets, as of March 31, 2026. Annualized net loan charge-offs / average total loans and loans held for sale was 0.09% for Q2 2026. Net loan charge-offs for the three months ended June 30, 2026, were $1.4 million, or 0.09% annualized, compared to $884 thousand, or 0.06% annualized, for Q1 2026. The provision for credit losses was $1.8 million for Q2 2026, compared to $998 thousand for Q1 2026. Nonaccrual loans totaled $54,842 thousand as of June 30, 2026, up from $46,139 thousand at March 31, 2026, and $28,509 thousand at June 30, 2025. Nonaccrual loans as a percentage of total loans were 0.84% at June 30, 2026, compared to 0.72% at March 31, 2026, and 0.60% at June 30, 2025.

Capital and Liquidity

The Common Equity Tier 1 ratio was 12.02%, significantly above the Basel III “well-capitalized” level of 7.00%. The Consolidated Tangible Common Equity to Tangible Assets ratio was 8.81%, and Common Shareholders’ Equity to Total assets was 10.10% as of June 30, 2026. CNB Financial Corporation completed a partial redemption of $50.0 million in subordinated notes, with $35.0 million remaining outstanding. Short-term borrowings were $164.0 million as of June 30, 2026, and March 31, 2026, with no outstanding short-term borrowings as of June 30, 2025. Available liquidity as a multiple of adjusted uninsured deposits was 4.8x. Total net available liquidity was $6,401,534 thousand as of June 30, 2026, including $364,781 thousand in excess cash at Federal Reserve, $1,590,940 thousand in FHLB borrowing capacity, and $407,918 thousand in Federal Reserve borrowing capacity. Book value per common share was $28.75 as of June 30, 2026, an increase of $0.69, or 2.46%, from $28.06 as of March 31, 2026. Tangible book value per common share (non-GAAP) was $24.73 as of June 30, 2026, reflecting an increase of $0.76, or 3.17%, from $23.97 as of March 31, 2026. Total shareholders’ equity was $909.4 million as of June 30, 2026, an increase of $20.3 million, or 2.29%, from March 31, 2026.

Market Capitalization

CNB Financial Corporation’s market capitalization was approximately $1 billion as of July 23, 2026.

Outlook / Guidance

CNB Financial Corporation anticipates continued positive developments, including favorable net growth and increased production momentum in its commercial loan portfolio, and ongoing relationship growth in Treasury Management activities. The company expects further growth opportunities in both commercial and retail deposit generation as it enters the third quarter. Management remains focused on tightly managing core overhead and achieving positive operating leverage.