Cnb Financial Corporation · NASDAQ:CCNE
Cnb Financial — Investor Presentation (November 2025)
22 slides from Cnb Financial's investor presentation, Nov 19, 2025
Slide 1: Investor Presentation
Exhibit 99.1 November 20th, 2025 INVESTOR PRESENTATION O U R F A M I L Y O F B A N K S
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 9/30/25) ▪ 75 full-service offices, one loan production office, one mobile office, two limited service offices across ASSETS: $8.3 billion Pennsylvania, New York, O
Slide 4: Investment Accretion and Returns
INVESTMENT ACCRETION AND RETURNS (1) (1) TANGIBLE BOOK VALUE PER SHARE RETURN ON AVERAGE TANGIBLE COMMON EQUITY $30.00 BV / Share ROATCE ROAE 18.00% $26.68 $25.00 TBV / Share $26.34 16.00% $24.57 $24.24 $22.85 $22.46 $22.39 $22.32 14.00% $20.00 $21.29 $20.22 $20.30 $20.00 $18.66 12.00% $17.28 $17.45
Slide 5: Consolidated Capital Position
CONSOLIDATED CAPITAL POSITION (1) 9/30/25 16% 14% 13.97% 12% 10% 9.53% 10.48% 8% 8.10% 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 ni
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- 9/30/25 DEPOSIT MIX BEARING DEPOSITS 3.30% 3.19% 3.20% 3.10% 3.00% 2.90% 2.84% 2.80% 2.75% 2.70% 2.60% 2.50% Q3 24 Q2 25 Q3 25 7
Slide 8: Historical Deposit Mix
DEPOSIT MIX HISTORICAL DEPOSIT MIX in thousands $ % Change Deposit Mix 2023 FY 2024 FY 9/30/2025 (23-25) Non-interest Bearing Deposits $ 7 28,881 $ 8 19,680 $ 1 ,105,423 51.7% Interest-bearing Deposits 4,269,869 4,551,684 5,794,844 35.7% $ 4,998,750 $ 5,371,364 $ 6,900,267 Total Deposits 38.0% Nonin
Slide 9: Loan Portfolio Composition
LOAN PORTFOLIO COMPOSITION 9/30/25 LOAN PORTFOLIO AVERAGE YIELD ON TOTAL LOANS (1) COMPOSITION & LOANS HELD FOR SALE 6.70% 6.66% 6.65% 6.60% 6.54% 6.55% 6.50% 6.50% 6.45% 6.40% Q3 24 Q2 25 Q3 25 (1) Q3 25 includes the impact of the acquisition of ESSA Bancorp. 9
Slide 10: Conservative Credit Culture
CONSERVATIVE CREDIT CULTURE 9/30/25 NONACCRUAL LOANS BY TYPE NET CHARGE-OFFS/AVERAGE LOANS 0.35% 0.28% 0.30% 0.25% 0.20% 0.16% 0.15% 0.15% 0.10% 0.06% 0.05% 0.00% 6/30/25 QTD 9/30/25 QTD 9/30/24 YTD 9/30/25 YTD HISTORICAL ASSET QUALITY 9/30/24 6/30/25 9/30/25 NONACCRUAL LOANS $39,855 $28,509 $36,013
Slide 11: Recent Quarterly Trends
RECENT QUARTERLY TRENDS 11
Slide 12: Earnings
EARNINGS (1) DILUTED EARNINGS PER COMMON SHARE Unadjusted EPS Adjusted EPS $0.90 $0.82 $0.80 $0.70 $0.63 $0.61 $0.61 $0.61 $0.60 $0.50 $0.40 $0.30 $0.22 $0.20 $0.10 $- 9/30/2024 6/30/2025 9/30/2025 (1)Adjusted diluted earnings per share excludes merger related expenses and is a non-GAAP financial me
Slide 13: Growth
GROWTH DEPOSITS ($M) LOANS ($M) $8,000 $8,000 $6,900 $7,000 $7,000 $6,468 ESSA $1,363 $6,000 $6,000 ESSA $1,651 $5,537 CNB $5,467 $5,000 $5,000 $5,217 $4,817 CNB $4,733 $4,592 $4,000 $4,000 $3,000 $3,000 $2,000 $2,000 $1,000 $1,000 $0 $0 9/30/24 6/30/25 9/30/25 9/30/24 6/30/25 9/30/25 13
Slide 14: 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. 3.75% 68.00% 3.69% 3.69% 66.34% 3.70% 65.58% 66.00% 64.73% 64.56% 3.65% 3.60% 63.50% 3.59% 64.00% 3.60% 3.55% 62.00% 3.50% 60.00% 3.43% 3.
Slide 15: Capital & Loans to Deposits
CAPITAL & LOANS TO DEPOSITS (1) (1) TANGIBLE COMMON EQUITY/TANGIBLE ASSETS TBV PER COMMON SHARE $30 10.0% 9.53% 9.17% 9.12% $27.44 $28 9.0% 8.53% $26.68 8.45% $26.13 8.10% 25.35 $26 8.0% 24.03 $24 7.0% 22.32 $22 6.0% $20 5.0% 9/30/2024 6/30/2025 9/30/2025 9/30/2024 6/30/2025 9/30/2025 Book value per
Slide 16: Appendix
APPENDIX
Slide 17: 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 18: 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 Shareholders' Equity $201,913 $211,784 $243,910 $262,830 $304,966 $416,137 $442,847 $530,762 $571,247 $610,695 Less: Preferred Equity - - - - - 57,785 57,785 57,78
Slide 19: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Dollars in thousands, except per share data 9/30/2024 6/30/2025 9/30/2025 Calculation of tangible book value per common share and tangible common equity / tangible assets (non-GAAP): Shareholders' equity $ 606,363 $ 637,281 $ 844,185 Less: preferred equity 57,785 57,785 57,78
Slide 20: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Three Months Ended Nine Months Ended Dollars in thousands, except per share data 9/30/2024 6/30/2025 9/30/2025 9/30/2024 9/30/2025 Basic earnings per common share computation: Net income available to common shareholders $ 12,878 $ 12,881 $ 5,969 $ 36,285 $ 29,256 Less: net in
Slide 21: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION For the quarter ending ending: Dollars in thousands, except per share data 9/30/2024 6/30/2025 9/30/2025 Interest Income $83,235 $85,771 $108,645 LESS: Interest Expense 35,749 3 3,574 41,516 Net Interest Income 4 7,486 52,197 6 7,129 Average Total Earning Assets $5,503,832 $5
Slide 22: Non-GAAP Reconciliation
NON-GAAP RECONCILIATION Three Months Ended Dollars in thousands, except per share data 9/30/2024 6/30/2025 9/30/2025 Calculation of efficiency ratio: Non-interest expense $38,784 $39,617 $50,157 Non-interest income 10,973 9,008 10,566 Net interest income 47,486 5 2,197 67,129 Total revenue $ 58,459
CNB Financial — Investor Presentation (November 2025) on 6ix