CNB Financial publishes Q2 2026 earnings call transcript
CCNE•M&A comments
CEO Michael Peduzzi flagged potential M&A within the company’s four-state footprint while avoiding deals that push it too close to the $10 billion Durbin threshold.
Loan growth and deposit trends
Originated loans rose at a 4.1% annualized rate. C&I loans increased 18.2% annualized. Deposits fell 3.8% annualized on a margin strategy.
Quarterly earnings call highlights
CNB Financial Corporation held its second-quarter 2026 earnings call with CEO Michael Peduzzi, CFO Tito Lima, COO Michael Noah, and credit chief Greg Dixon.
- Q2 diluted EPS was $0.91, up from $0.88 in Q1.
- Operating revenue rose to over $87 million from over $61 million a year earlier.
- Fully tax-equivalent net interest margin was 3.89% versus 3.84% in Q1.
- The efficiency ratio was about 56% versus just under 65% a year earlier.
