Cnb Financial Corporation · NASDAQ:CCNE
Cnb Financial — Shareholder Meeting (April 2026)
23 slides from Cnb Financial's shareholder meeting presentation, Apr 20, 2026
Slide 1: Presentation at Annual Meeting of Shareholders
April 21, 2026 Focusing on great experiences and mutually sustainable success for our clients, colleagues, and investors. PRESENTATION AT ANNUAL MEETING OF SHAREHOLDERS Exhibit 99.1
Slide 2: Certain Important Information: Caution Regarding Forward Looking Statements
CERTAIN IMPORTANT INFORMATION CAUTION REGARDING FORWARD LOOKING STATEMENTS This presentation includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to the Corpor
Slide 3: 2025 Highlights: Loans and Deposits
2025 HIGHLIGHTS LOANS ($M)(1) deposits ($M)(2) (1) Loans exclude syndicated loans. (2) Deposits include deposits held for sale. (3) Includes ESSA acquired loans and deposits, net of estimated purchase accounting fair value adjustments (Non-GAAP measure - see Appendix for reconciliations)
Slide 4: 2025 Highlights: EPS, ROA, ROE, Book Value
2025 HIGHLIGHTS diluted earnings per common share Return on average assets (1) Excludes merger related expenses and is a non-GAAP financial measure – see Appendix for reconciliations. (2) Excludes provision adjustment related to adoption of Accounting Standard Update ("ASU") 2025-08, net of tax, and
Slide 5: Deposit Mix
DEPOSIT MIX 12/31/2025 deposit mix(1) Average Cost of Interest-Bearing Deposits (1) Deposit Mix excludes deposits classified as Deposits held for sale on the balance sheet at 12/31/2025.
Slide 6: Loan Portfolio Composition
LOAN PORTFOLIO COMPOSITION 12/31/2025 Loan portfolio Composition Average Yield on Total Loans & Loans held for sale(1) (1) Q3 2025 and Q4 2025 include the impact of the acquisition of ESSA Bancorp.
Slide 7: Conservative Credit Culture
CONSERVATIVE CREDIT CULTURE nonaccrual loans by type Historical asset quality Net charge-offs/average Loans(1) Note: “NPAs” means Non-Performing Assets. “ACL” means Allowance for Credit Losses. (1) Quarterly “Q” calendar periods presented are annualized, “FY” periods presented include full calendar
Slide 8: Consolidated Capital Position
CONSOLIDATED CAPITAL POSITION 12/31/2025 (1) Tangible common equity / Tangible assets is a non-GAAP financial measure - see Appendix for reconciliation (2) Well Capitalized includes a 2.5% capital conservation buffer, resulting in minimum regulatory ratios of 7.0% Common Equity Tier 1 and 10.5% Tota
Slide 9: ESSA Merger Update
ESSA MERGER UPDATE July 23, 2025: CNB Financial Corporation completed its largest acquisition to date. Over $2B in assets added as of merger date. $1.7B in loans added as of merger date. $1.5B in deposits across 20 offices assumed as of merger date. Combined company has 75 full-service branches and
Slide 10: Recent Quarterly Trends
RECENT QUARTERLY TRENDS CNB CORPORAT! 0 ‘CORPORATION®
Slide 11: Earnings
EARNINGS diluted earnings per common share “EPS” (1)Adjusted diluted earnings per share excludes merger related expenses and is a non-GAAP financial measure – see Appendix for reconciliations.
Slide 12: Growth
GROWTH Deposits ($M)(1)(2) Loans ($M)(1) (1) Q1 2025 measures are prior to the ESSA Merger which was effective Jul 23, 2025. Q4 2025 and Q1 2026 are post merger and include impact of merger. (2) Deposits excludes deposits held for sale.
Slide 13: Net Interest Margin & Efficiency Ratio
NET INTEREST MARGIN (“NIM”) & EFFICIENCY RATIO NIM(1)(2) efficiency ratio(1)(2) (1) Net interest margin fully tax equivalent and Adjusted efficiency ratio fully tax equivalent are non-GAAP financial measures – see Appendix for reconciliations. Adjusted efficiency ratio fully tax equivalent excludes
Slide 14: Appendix
APPENDIX
Slide 15: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION This presentation contains references to financial measures that are not defined in GAAP. Management uses non-GAAP financial information in its analysis of the Corporation’s performance. Management believes that these non-GAAP measures provide a greater understanding of ongoi
Slide 16: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in Adjusted calculation of loans (non-GAAP): Loans Less: ESSA acquired loans, net of estimated purchase ting fair value adj ( Adjusted loans (non-GAAP) Adjusted calculation of total deposits (non-GAAP): Total deposits Add: deposits held for sale (non-GAAP) Less: ESSA
Slide 17: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in thousands ‘Twelve Months Ended 12/31/2024 12/31/2025 Calculation of return on average assets: Net income Average total assets Return on average assets (GAAP) Adjusted calculation of return on average assets (non-GAAP): Net income ‘Add: merger transaction related ex
Slide 18: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in thousands, except per share 12/3412024 42/34/2025 Book value per common Share (GAAP): ‘Common shareholders’ equity $ 552,910 $ 814,342 Ending shares outstanding 20,987,992 29,473,352 Book value per common share (GAAP) $ 26.34 $ 27.63 Adjusted calculation of book va
Slide 19: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION 3/33/2025 ‘Three Months Ended _ jax/am05 Basic earings per common share computation: Net income avaliable to common shareholders Twelve Months Ended _ —aapaafamns 2/23/2005 $ 10405 § 32573 $5961 -$ SOATs-§LRO 57 210 27 3838 a6 30309552363 30 29,585 353 20981 2976 29,576 20,99
Slide 20: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in thousands Calculation of net interest margin: Interest income Interest expense Net Interest Income Average total earning assets Net interest margin (GAAP) (annualized) Calculation of net interest margin (fully tax equivalent basis) (non-GAAP): Interest income. ‘Tax
Slide 21: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION hs Ended 9/31/2025 12/31/2025 3/34/2026 Calculation of efficiency ratio: Non-interest expense Non-interest income Net interest income Total revenue Efficiency ratio Iculatic iency ratio (fully tax equi is) (non-GAAP): Non-interest expense Less: core deposit intangible amortiz
Slide 22: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in thousands, except per share data 12/31/2025 Calculation of tangible book value per common share and tangible common equity I tangible assets (non-GAAP): Shareholders’ equity $ 872,127 Less: preferred equity 57,785 Common shareholders’ equity 814,342 Less: goodwill
Slide 23: FINANCIAL
FINANCIAL CORPORATION?®