Quarterly ResultApr 20, 2026, 04:08 PM
CNB Financial Q1 2026 Net Income $26M, EPS $0.88
AI Summary
CNB Financial Corporation reported net income of $26.0 million, or $0.88 per diluted share, for the first quarter of 2026. This represents an increase compared to $10.4 million ($0.50 per diluted share) in Q1 2025, but a decrease from $32.6 million ($1.10 per diluted share) in Q4 2025. The company saw organic deposit growth of $115.0 million, while organic loans decreased by $67.3 million. Nonperforming assets increased to $49.2 million, though net loan charge-offs decreased. Book value per common share increased to $28.06.
Key Highlights
- Net income was $26.0 million, or $0.88 per diluted share, for Q1 2026.
- Organic deposits grew by $115.0 million, or 1.62%, in Q1 2026.
- Organic loans decreased by $67.3 million, or 1.41%, in Q1 2026.
- Nonperforming assets increased to $49.2 million, or 0.58% of total assets.
- Book value per common share rose to $28.06 at March 31, 2026.