Cnb Financial Corporation · NASDAQ:CCNE
Cnb Financial — Investor Presentation (February 2026)
23 slides from Cnb Financial's investor presentation, Feb 3, 2026
Slide 1: Investor Presentation
Exhibit 99.1 February 4-5, 2026 INVESTOR PRESENTATION OU R FA M IL Y OF B A N KS
Slide 2: 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: CNB Financial Corporation Financial Highlights
CNB FINANCIAL CORPORATION § Holding Company for CNB Bank (Clearfield, PA), FINANCIAL HIGHLIGHTS serving the community since 1865 (As of 12/31/2025) § 75 full-service offices, one loan production office, one mobile office, two limited service offices across ASSETS: $8.4 billion Pennsylvania, New York
Slide 4: Investment Accretion and Returns
INVESTMENT ACCRETION AND RETURNS (1) (1) TANGIBLE BOOK VALUE PER COMMON SHARE RETURN ON AVERAGE TANGIBLE COMMON EQUITY Book Value / Common $30.00 ROATCE ROAE 18.00% Share Tangible Book Value / $27.63 $25.00 $26.34 16.00% Common Share $24.57 $24.24 $23.48 $22.85 14.00% $22.39 $22.46 $20.00 $21.29 $20
Slide 5: Consolidated Capital Position
CONSOLIDATED CAPITAL POSITION (1) 12/31/2025 16% 14% 14.91% 12% 11.54% 10% 9.70% 8% 8.36% 6% 4% 2% 0% Common equity / Total assets Tangible common equity / Tangible assets Common Equity Tier 1 Ratio Total Risk Based Capital Ratio ▪ The Corporation did not repurchase shares of common stock during the
Slide 6: Dividend History
DIVIDEND HISTORY HISTORICAL DIVIDEND PER COMMON SHARE $0.800 $0.700 $0.600 $0.500 $0.400 $0.300 $0.200 $0.100 $0.000 Common Dividend Special Dividend • The Corporation’s long, uninterrupted history of dividends to its common shareholders reflects a key component of its Total Shareholder Return • Com
Slide 7: Deposit Mix
DEPOSIT MIX AVERAGE COST OF INTEREST- (1) 12/31/2025 DEPOSIT MIX BEARING DEPOSITS 3.10% 3.00% 3.00% 2.90% SAVINGS 54.4% 2.80% 2.75% 2.70% TIME DEPOSITS 15.6% 2.60% 2.55% 2.50% 2.40% DEMAND - 2.30% DEMAND - NONINTEREST INTEREST 15.6% Q4 2024 Q3 2025 Q4 2025 14.4% (1) Deposit Mix excludes deposits cla
Slide 8: Deposit Mix
DEPOSIT MIX (1) HISTORICAL DEPOSIT MIX (1) Deposit Mix excludes deposits classified as Deposits held for sale on the balance sheet at 12/31/2025. 8
Slide 9: Loan Portfolio Composition
LOAN PORTFOLIO COMPOSITION 12/31/2025 LOAN PORTFOLIO AVERAGE YIELD ON TOTAL LOANS (1) COMPOSITION & LOANS HELD FOR SALE COMMERCIAL 6.56% 6.54% MORTGAGE 6.54% 38.5% 6.52% 6.50% 6.50% 6.48% 6.46% COMMERCIAL & 6.44% INDUSTRIAL 6.44% RESIDENTIAL REAL 25.7% ESTATE 6.42% 33.8% 6.40% 6.38% Q4 2024 Q3 2025
Slide 10: Additional Loan Portfolio Detail
ADDITIONAL LOAN PORTFOLIO DETAIL § Well diversified Commercial & Industrial (“C&I”) portfolio with no single industry greater than 20% of total C&I portfolio § CNB has proven C&I underwriting practices and strong loan loss history § Commercial Mortgage portfolio is also well diversified with no sing
Slide 11: Conservative Credit Culture
CONSERVATIVE CREDIT CULTURE 12/31/2025 NONACCRUAL LOANS BY TYPE NET CHARGE-OFFS/AVERAGE LOANS(1) 0.35% COMMERCIAL 0.30% REAL ESTATE 19.3% 0.25% COMMERCIAL & INDUSTRIAL 0.19% 0.20% 38.3% 0.17% 0.13% 0.15% RESIDENTIAL 0.09% MORTGAGE 0.10% 40.3% 0.06% 0.05% CONSUMER 2.1% 0.00% Q4 2024 Q3 2025 Q4 2025 F
Slide 12: Recent Quarterly Trends
RECENT QUARTERLY TRENDS 12
Slide 13: Earnings
EARNINGS (1) DILUTED EARNINGS PER COMMON SHARE Unadjusted EPS Adjusted EPS $1.20 $1.10 $1.00 $0.87 $0.82 $0.80 $0.66 $0.66 $0.60 $0.40 $0.22 $0.20 $- Q4 2024 Q3 2025 Q4 2025 (1)Adjusted diluted earnings per share excludes merger related expenses and is a non-GAAP financial measure – see Appendix for
Slide 14: Growth
GROWTH DEPOSITS ($M) LOANS ($M) $8,000 $8,000 $6,900 $7,000 $7,000 $6,468 $1,363 1 ESSA $6,000 $6,000 $1,651 1 ESSA $5,000 $5,000 2 CNB 2 CNB $4,000 $4,000 $7,027 $6,494 $3,000 $3,000 $5,537 $5,371 $4,817 $4,609 $2,000 $2,000 $1,000 $1,000 $0 $0 Q4 2024 Q3 2025 Q4 2025 Q4 2024 Q3 2025 Q4 2025 (1) Th
Slide 15: Net Interest Margin & Efficiency Ratio
NET INTEREST MARGIN (“NIM”) & EFFICIENCY RATIO (1) (1) EFFICIENCY RATIO NIM NIM NIM Fully Tax Equiv. Efficiency Ratio Adjusted Efficiency Ratio, Fully Tax Equiv. 3.90% 3.84% 3.84% 80.00% 69.55% 3.80% 70.00% 64.56% 63.68% 63.02% 3.69% 3.69% 58.80% 57.67% 3.70% 60.00% 50.00% 3.60% 40.00% 3.50% 3.44% 3
Slide 16: Capital & Loans to Deposits
CAPITAL & LOANS TO DEPOSITS (1) (1) TANGIBLE COMMON EQUITY/TANGIBLE ASSETS TANGIBLE BOOK VALUE PER COMMON SHARE $30 9.70% 10.0% 9.53% $27.63 8.93% $28 9.0% $26.68 8.36% $26.34 8.28% 8.10% $26 8.0% 24.24 23.48 $24 7.0% 22.32 $22 6.0% $20 5.0% Q4 2024 Q3 2025 Q4 2025 Q4 2024 Q3 2025 Q4 2025 Book value
Slide 17: Appendix
APPENDIX
Slide 18: 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 19: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION As of December 31, Dollars in thousands, except per share data 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Shareholders' Equity $201,913 $211,784 $243,910 $262,830 $304,966 $416,137 $442,847 $530,762 $571,247 $610,695 $872,127 Less: Preferred Equity - - - - - 57,78
Slide 20: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION 12su2024 9/90/2025 12/31/2025 cavity {tangles assets (non-GAAP): $ 610,695 $ 844,185 $ 872,127 57,785 ty 57,785 Common shareholders’ equity 5652; a0 786,400 Less: goodwill and other intangibles Less: core deposit intangible Tangible common equity (non-GAAP) $ was $ 6 Total as
Slide 21: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION SEVEN? Spsnpnens —aapaapaaRs | Taysipaone1a/sn/20TE {Basic earnings per common share comput Net income available to common shareholders S 13985 S$ 5368 S$ 32873 $0273 S$ La28 9. so 210 308 a6 Sia § sa19 S$ S233 5 a5ees 5 61353 20582 27308 29476 2099324755, Less: average parti
Slide 22: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Three Months Ended Dollars in thousands, except per share data 12/31/2024 9/30/2025 12/31/2025 Calculation of net interest margin: Interest income $83,678 $108,645 $115,550 Interest expense 3 4,634 4 1,516 4 1,271 Net Interest Income 49,044 67,129 7 4,279 Average total earnin
Slide 23: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Caleulation of efficiency ratio: Non-interest expense fon-interest inc Net interest income Total revenue Non-interest expense Less: core deposit intangible amortization ‘Adjusted noninterest expense (non-GAAP) Non-interest income Net interest income TEFRA (non) GAAP) ‘Adjuste
CNB Financial — Investor Presentation (February 2026) on 6ix