Central Bancompany, Inc. Reports Second Quarter 2026 Results, Declares Regular $0.12 Dividend and Authorizes $100 Million Share Repurchase

Rhea-AI Summary

Central Bancompany (Nasdaq: CBC) reported preliminary second quarter 2026 net income of $113.8 million, or $0.47 per diluted share, up from $111.1 million ($0.46) in the prior quarter and $91.4 million ($0.41) a year ago. Net interest income was $212.8 million with a 4.40% net interest margin, while average loans held for investment reached $11.6 billion and average deposits $15.4 billion.

Noninterest income rose to $69.6 million, up 38.9% year over year, supported by higher wealth management revenue and gains on Visa B shares. Asset quality remained strong, with nonperforming assets at 0.30% of total assets and net charge-offs at 0.10% (annualized) of average loans. The Company reported a CET1 ratio of 28.6%, or about $1.9 billion of excess capital versus its 13.5% target. The Board declared a regular $0.12 per share dividend payable September 1, 2026 and authorized a new $100 million Class A share repurchase program after buying back about 280,000 shares for $7.6 million during the quarter.

Positive

• Net income $113.8 million, EPS $0.47, up versus prior quarter and year
• Net interest income $212.8 million, up $17.7 million year over year
• Net interest margin 4.40%, up 8 bps QoQ and 13 bps YoY
• Noninterest income $69.6 million, up 38.9% year over year
• Wealth management revenue +20% YoY; assets under advice $17.3 billion
• CET1 ratio 28.6% with about $1.9 billion excess capital
• $0.12 per share quarterly dividend declared for September 1, 2026
• New $100 million Class A share repurchase authorization; 280,000 shares bought for $7.6 million in Q2

Negative

• Provision for credit losses $3.5 million, up 12.4% versus prior quarter
• Noninterest expense $131.4 million, up $4.6 million year over year
• Efficiency ratio (FTE) 46.1%, slightly higher than 45.7% in prior quarter

Market Context

CBC's Q1 2026 earnings event recorded a -1.97% 24-hour reaction, while its conference notice recorde...

Analysis

CBC's Q1 2026 earnings event recorded a -1.97% 24-hour reaction, while its conference notice recorded 1.03%. That mixed history adds context to this quarter's results; capital returns can be weighed against credit-cost and macroeconomic uncertainty.

Key Figures

Net income: $113.8 million Diluted EPS: $0.47 per fully diluted share Net interest income: $212.8 million +5 more

8 metrics

Net income $113.8 million Q2 2026; compared with $111.1 million prior quarter and $91.4 million prior year quarter

Diluted EPS $0.47 per fully diluted share Q2 2026; compared with $0.46 prior quarter and $0.41 prior year quarter

Net interest income $212.8 million Q2 2026

Net interest margin 4.40% Q2 2026; compared with 4.32% prior quarter and 4.26% prior year quarter

ROAA 2.24% Q2 2026

Regular dividend $0.12 per common share Declared August 3, 2026; payable September 1, 2026

Share repurchase authorization $100 million Class A common stock authorization announced August 3, 2026

CET1 ratio 28.6% June 30, 2026; represented $1.9 billion of excess capital

Historical Context

3 past events · Latest: May 21 (Neutral)

Pattern 3 events

Date	Event	Sentiment	24h Move	Catalyst
May 21	Conference call notice	Neutral	+1.0%	Scheduled discussion of second quarter 2026 financial results and webcast
Apr 28	Earnings report	Positive	-2.0%	Reported Q1 2026 earnings, dividend increase, buybacks, and excess capital
Apr 06	Conference call notice	Neutral	+0.5%	Scheduled discussion of first quarter 2026 financial results and webcast

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The two conference-call notices had positive 24-hour reactions, while the prior positive Q1 earnings report had a negative reaction.

Key Terms

nim, roaa, cet1 ratio, nonperforming assets, +1 more

5 terms

nim financial

"net interest margin (“NIM”) of 4.40%"

NIM (net interest margin) measures the gap between the interest a bank earns on loans and other interest‑producing assets and the interest it pays to depositors and creditors, shown as a percentage of the bank’s earning assets. Think of it like a store’s markup: a wider NIM means the bank keeps more money from its core lending activity, boosting profit potential. Investors watch NIM because shifts reveal how profitable a bank’s lending is, and how sensitive that profit is to interest‑rate changes and shifts in the mix of loans versus other assets.

roaa financial

"Return on average assets (“ROAA”) of 2.24%"

Return on Average Assets (ROAA) measures how efficiently a company turns its assets into profit by dividing net profit over a period by the average total assets it held during that period. It matters to investors because it shows whether a business is getting a good return from what it owns—like judging a car’s fuel efficiency by miles per gallon—helping compare profitability across companies of different sizes.

cet1 ratio financial

"Our CET1 ratio was 28.6%"

CET1 ratio measures a bank's core equity capital (the most loss-absorbing funds like common stock and retained earnings) relative to the size of its risk-adjusted assets. It shows how big the bank's financial cushion is compared with what it has on its books; a higher ratio means greater ability to absorb losses, lower regulatory risk, and generally more investor confidence in the bank's stability.

nonperforming assets financial

"Nonperforming assets at June 30, 2026 were $60.2 million"

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

net charge-offs financial

"net charge-offs of $3.0 million"

Net charge-offs are the amount of loans or credit a lender removes from its books as uncollectible after subtracting any money later recovered from previously written-off accounts. Think of it like a store writing off unpaid tabs but getting back a few dollars later — the net figure shows the real loss. Investors watch this to judge a lender’s loan quality, future profits and how much capital may be needed to cover bad debts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Second Quarter 2026 Financial Highlights

• Net income of $113.8 million, or $0.47 per fully diluted share, compared to $111.1 million and $0.46 in the prior quarter and $91.4 million, or $0.41 per fully diluted share in the prior year quarter
• Net interest income of $212.8 million, reflecting a net interest margin (“NIM”) of 4.40% compared to 4.32% in the prior quarter and 4.26% in the prior year quarter
• Average total loans held for investment of $11.6 billion, quarterly increase of $0.1 billion, or 3.9% annualized, from the prior quarter
• Average total deposits of $15.4 billion, an increase of $0.4 billion or 3.0% from prior year quarter
• Return on average assets (“ROAA”) of 2.24%
• Efficiency ratio of 46.5% and efficiency ratio (FTE)¹ of 46.1%

JEFFERSON CITY, Mo., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Central Bancompany, Inc. (Nasdaq: CBC) (“Central Bancompany”, “the Company”, or “CBC”), the bank holding company for The Central Trust Bank (the “Bank”), today announced preliminary financial results for the second quarter 2026.

John “JR” Ross, President and Chief Executive Officer of Central Bancompany, commented "We are pleased to announce another set of solid financial results for Central in the second quarter of 2026. Second quarter net income was $113.8 million, or $0.47 per fully diluted share, reflecting a 2.24% ROA and a 25% fee income ratio, despite continued growth in net interest income. We are again encouraged by loan growth in the quarter, with ending loans excluding other consumer up approximately 6% annualized quarter-over-quarter. Average deposits grew by $0.4 billion, or 3%, including growth of over $276 million in average noninterest-bearing demand balances from the prior year quarter’s balances.”

“Our second quarter financial results reflect the strength of our diversified and customer-centric business model,” Ross continued. “We are fortunate to report another quarter of steady growth heading into the second half of the year. We also continue to invest in our underpenetrated metro markets, opening three new full-service branches during the second quarter to support our long-term growth strategy. While economic conditions remain generally favorable, we are mindful that uncertainty persists across the macroeconomic and geopolitical landscape. I would like to thank our teammates for their tireless efforts delivering for our clients, communities and fellow shareholders.”

Net Interest Income and Net Interest Margin

The Company reported net interest income of $212.8 million in the second quarter of 2026, reflecting a net interest margin of 4.40% (4.43% on an FTE basis¹). Net interest income increased $17.7 million from the second quarter of 2025, driven by NIM expansion and solid underlying average earning asset growth of $1.1 billion, or 6%, resulting from deposit growth and higher capital. In the second quarter of 2026, loans grew at an annualized rate of 6%, excluding the reduction in other consumer loans, and net interest margin increased to 4.40% from 4.26% in the prior year quarter.

Average earning assets for the quarter totaled $19.4 billion, a decrease of $0.2 billion, or 1%, from the prior quarter. The decrease in average earning assets from the prior quarter was largely driven by a seasonal decrease in average deposits.

Average total loans held for investment were $11.6 billion for the second quarter of 2026, an increase of $0.1 billion, or 1% from the prior quarter, despite deemphasizing indirect consumer lending, which declined $37.8 million from the prior quarter’s average. Excluding other consumer loans, average total loans held for investment increased $177.6 million or 2% over the prior quarter due to loan growth spread across a number of categories and markets. Total loans ended the quarter at $11.7 billion, $92 million above the average for the quarter, reflecting continued loan growth momentum.

Average total deposits were $15.4 billion for the second quarter of 2026, an increase of $0.4 billion, or 3% from prior year quarter. The increase from the prior year quarter was driven by higher noninterest bearing deposits, which rose $0.3 billion, or 5%, and interest bearing non-maturity deposits, which were up $0.3 billion or 4%. The cost of deposits was 1.10% for the second quarter of 2026, a decrease of 9 basis points from the prior year quarter.

The net interest margin increased to 4.40%, an increase of 13 basis points from the prior year quarter and 8 basis points from the prior quarter. The increase from the prior year quarter was driven primarily by increases in deposits and capital that were deployed into securities, the continued repricing of our back book of loans and securities into a higher rate environment, and a reduction in deposit rates despite the competitive environment. The increase from the prior quarter was driven primarily by an increase in loan balances and a decrease in higher priced, seasonal deposit balances.

Provision for credit losses

The provision for credit losses was $3.5 million for the second quarter of 2026, an increase of 12.4% from the prior quarter driven primarily by loan growth and net charge-offs of $3.0 million. The allowance for credit losses ended the quarter at $150.4 million, up slightly from the prior quarter end and representing 1.29% of loans held for investment. The allowance rate reflects continued stable credit quality trends and an ongoing shift in portfolio composition toward higher credit quality loans.

Noninterest income

Total noninterest income was $69.6 million for the second quarter of 2026, an increase of $19.5 million or 38.9% from the prior year quarter, reflecting higher wealth management revenues and solid growth in other fee revenue channels. The prior year quarter included the $13.6 million impact of the loss on the expected sale of consumer lease portfolio in other income. During the current quarter, we recognized $8.4 million of gains from our holdings of Visa B shares and selectively repositioned certain securities at a $7.8 million loss to take advantage of attractive opportunities in the market.

Wealth management revenues (revenue from brokerage services and fees for fiduciary services) increased $3.9 million, or 20%, over the prior year quarter and $1.0 million from the prior quarter. Assets under advice increased to $17.3 billion, up from $14.2 billion in the prior year quarter and $16.0 billion in the prior quarter.

Noninterest expense

Noninterest expense totaled $131.4 million for the second quarter of 2026, an increase of $4.6 million from the second quarter 2025. On a year over year basis, salaries and benefits expenses increased $5.3 million, or 7%. Similar to last quarter, the year over year increase was attributable to merit and other salary increases and higher compensation costs associated with higher levels of performance. Additionally, in the second quarter, there was a $1.0 million expense for certain deferred compensation plans, with an equal offset in other noninterest income.

All other expense categories were generally well managed compared to the prior year period, with modest increases in occupancy and technology costs consistent with continued investment in our branch network and infrastructure. The prior year quarter contained $1.9 million of residual value losses in the consumer lease portfolio in other expenses. Our efficiency ratio (FTE)¹ was 46.1% for the quarter, compared to 45.7% in the prior quarter and 48.4% in the second quarter of the prior year, underscoring continued expense discipline and revenue tailwinds.

Provision for income taxes

The second quarter 2026 provision for income taxes was $33.7 million, $0.8 million higher than the prior quarter primarily driven by the increase in book income quarter over quarter. The current quarter’s effective tax rate of 22.8% is consistent with the effective tax rate for prior periods.

Asset quality

Asset quality remained strong. Nonperforming assets at June 30, 2026 were $60.2 million, or 30 basis points of total assets, up only slightly from 28 basis points at the end of the prior year quarter. Net charge-offs were $3.0 million for the quarter, 10 basis points (annualized) of average total loans. Credit costs remained in line with prior quarters.

Delinquent loans at June 30, 2026 were $25.3 million, or 22 basis points of loans held for investment, as compared to 24 basis points at the end of the prior year quarter.

Capital

Capital levels at June 30, 2026 remained very strong. Our CET1 ratio was 28.6% and represented $1.9 billion of excess capital when compared to our long-term CET1 target of 13.5%. The Bank’s CET1 ratio was 12.7% at June 30, 2026. The difference in the consolidated capital ratio and the capital ratio at the Bank represents capital that is readily available to be deployed.

Our book value per share at June 30, 2026 was $16.14, whereas our tangible book value per share¹ was $14.68, of which $6.70 per share represents core tangible book value, with the remaining $7.98 per share attributable to excess capital.

Dividend Payout and Capital Actions

On August 3, 2026, the Board of Directors of the Company declared a cash dividend of $0.12 per common share payable on September 1, 2026 to stockholders of record as of the close of business on August 21, 2026.

The Company repurchased approximately 280,000 shares of common stock during the second quarter of 2026 for approximately $7.6 million. On August 3, 2026, the Company’s Board of Directors authorized the repurchase of up to $100 million of the Company’s Class A common stock, rescinding and replacing the prior authorization.

Conference Call and Webcast Information

The Company will host a conference call and webcast at 9:00 a.m. CT on Tuesday, August 4, 2026. The call may include discussion of Company developments, forward-looking statements and other material information about business and financial matters. This press release and a related slide presentation will be accessible on the Company’s investor relations website https://investor.centralbank.net. The call can be accessed via this same website or by using the following link: https://edge.media-server.com/mmc/p/fgiw74rw/. A recorded replay of the conference call will be available on the website after the call’s completion.

About Central Bancompany, Inc.

Central Bancompany, Inc. is a bank holding company headquartered in Jefferson City, Missouri, with approximately $20.3 billion in assets as of June 30, 2026. Its banking subsidiary, The Central Trust Bank, has been serving businesses and customers since 1902. The bank is built on a strong foundation of people, community service, and technology. The Central Trust Bank is a Missouri state-chartered trust company with banking powers and a Federal Reserve state member bank, serving consumers and businesses in Missouri, Kansas, Oklahoma, Colorado, and Florida. Divisions of The Central Trust Bank include Central Trust Company and Central Investment Advisors.

Non-GAAP Financial Information

In this release, we provide information about certain non-GAAP financial measures. This information supplements the results that are reported according to generally accepted accounting principles in the United States (“GAAP”) and should not be viewed in isolation from, or as a substitute for, GAAP results. The differences between the non-GAAP financial measures and the nearest comparable GAAP financial measures are reconciled later in this release. We are presenting these non-GAAP financial measures because we believe, when taken collectively, they may be helpful to investors because they provide consistency and comparability with past financial performance by excluding certain items that may not be indicative of our business, results of operations or outlook. The non-GAAP measures as defined by the Company may not be comparable to similar non-GAAP measures presented by other companies.

_________________________ 
¹This is a non-GAAP financial measure management believes is helpful to understanding trends in our business that may not be fully apparent based only on the most comparable GAAP financial measure. Further information on this financial measure and a reconciliation to the most comparable GAAP financial measure is provided at the end of this release.

Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of, and intended to be covered by, the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on forward-looking statements because they are subject to numerous uncertainties and factors relating to our operations and business, all of which are difficult to predict and many of which are beyond our control. Forward-looking statements include information concerning our possible or assumed future results of operations, including descriptions of our business strategy. These forward-looking statements are generally identified by the use of forward-looking terminology, including the terms “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and, in each case, their negative or other variations or comparable terminology and expressions. All statements other than statements of historical facts contained in this press release are forward-looking statements. We have based the forward-looking statements contained herein on our current expectations and projections about future events and trends that we believe may affect our business, financial condition, results of operations and prospects. The outcome of the events described in these forward-looking statements is subject to risks, uncertainties and other factors described in “Cautionary Note Regarding Forward-Looking Statements,” Part I Item 1A - "Risk Factors" and Part II Item 7 - "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's 2025 Annual Report on Form 10-K. Moreover, we operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements. The forward-looking statements relate only to events as of the date on which the statements are made. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, and assumptions which are difficult to predict with regard to timing, extent, likelihood and degree of occurrence. Therefore, actual results and outcomes may materially differ from what is expected, implied or forecasted in such forward-looking statements. These forward-looking statements are inherently uncertain and you are cautioned not to unduly rely upon these statements. We undertake no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.

Media Contact:		Investor Relations Contact:
Dan Westhues		Charlie Martin
SEVP, Chief Customer Officer		Corporate Development Officer
Central Bancompany, Inc.		Central Bancompany, Inc.
dan.westhues@centralbank.net		charlie.martin@centralbank.net
(573) 634-1281		(314) 686-7007

Current quarter, prior quarter and prior year quarter information is provided on pages 5-8 below.

Central Bancompany, Inc. and Subsidiaries
Quarterly Consolidated Balance Sheets(unaudited)
	Q2			Q1			Q2				Q vs PQ							Q vs PYQ
	FY26			FY26			FY25				$VAR			%VAR				$VAR			%VAR
	(dollars in thousands, except per common share data)
Assets
Cash and due from banks	$	244,257		$	190,868		$	243,927			$	53,389		28.0		%		$	330		0.1		%
Short-term earning assets		525,044			1,187,368			663,188				(662,324	)	(55.8	)	%			(138,144	)	(20.8	)	%
Investment securities		7,072,074			6,791,275			6,017,112				280,799		4.1		%			1,054,962		17.5		%
Loans held for investment:
Construction and development		569,593			512,681			481,940				56,912		11.1		%			87,653		18.2		%
Commercial, financial & agricultural		1,799,584			1,740,689			1,784,298				58,895		3.4		%			15,286		0.9		%
Non-owner-occupied commercial real estate1		3,249,479			3,267,008			3,178,773				(17,529	)	(0.5	)	%			70,706		2.2		%
Owner-occupied commercial real estate		1,595,866			1,583,461			1,596,915				12,405		0.8		%			(1,049	)	(0.1	)	%
Commercial real estate		4,845,345			4,850,469			4,775,688				(5,124	)	(0.1	)	%			69,657		1.5		%
Total commercial loans		7,214,522			7,103,839			7,041,926				110,683		1.6		%			172,596		2.5		%
Residential mortgage loans2		3,475,428			3,423,146			3,197,313				52,282		1.5		%			278,115		8.7		%
Home equity lines of credit		433,330			422,737			371,300				10,593		2.5		%			62,030		16.7		%
Consumer credit card		98,107			93,171			89,606				4,936		5.3		%			8,501		9.5		%
Other consumer loans		462,469			499,019			637,571				(36,550	)	(7.3	)	%			(175,102	)	(27.5	)	%
Total residential and consumer loans		4,469,334			4,438,073			4,295,790				31,261		0.7		%			173,544		4.0		%
Total unpaid principal balance		11,683,856			11,541,912			11,337,716				141,944		1.2		%			346,140		3.1		%
Add: Unearned income		(10,240	)		(9,342	)		(10,370	)			(898	)	9.6		%			130		(1.3	)	%
Loans held for investment		11,673,616			11,532,570			11,327,346				141,046		1.2		%			346,270		3.1		%
Less: Allowance for credit losses		(150,417	)		(149,889	)		(149,381	)			(528	)	0.4		%			(1,036	)	0.7		%
Net loans		11,523,199			11,382,681			11,177,965				140,518		1.2		%			345,234		3.1		%
Loans held for sale		27,751			29,457			22,804				(1,706	)	(5.8	)	%			4,947		21.7		%
Land, buildings, and equipment, net		223,803			221,577			213,973				2,226		1.0		%			9,830		4.6		%
Goodwill and intangibles		350,055			350,859			353,277				(804	)	(0.2	)	%			(3,222	)	(0.9	)	%
Other assets		328,644			302,286			388,184				26,358		8.7		%			(59,540	)	(15.3	)	%
Total assets	$	20,294,827		$	20,456,371		$	19,080,430			$	(161,544	)	(0.8	)	%		$	1,214,397		6.4		%
Liabilities and Stockholders' Equity
Deposits:
Noninterest-bearing demand	$	5,570,404		$	5,563,373		$	5,280,287			$	7,031		0.1		%		$	290,117		5.5		%
Savings and interest-bearing demand		8,263,224			8,284,962			7,811,907				(21,738	)	(0.3	)	%			451,317		5.8		%
Time		1,544,211			1,617,106			1,696,962				(72,895	)	(4.5	)	%			(152,751	)	(9.0	)	%
Total deposits		15,377,839			15,465,441			14,789,156				(87,602	)	(0.6	)	%			588,683		4.0		%
Federal funds purchased and customer repurchase agreements		913,127			1,066,923			973,618				(153,796	)	(14.4	)	%			(60,491	)	(6.2	)	%
Total customer funds		16,290,966			16,532,364			15,762,774				(241,398	)	(1.5	)	%			528,192		3.4		%
Other liabilities		138,100			125,681			144,328				12,419		9.9		%			(6,228	)	(4.3	)	%
Total liabilities		16,429,066			16,658,045			15,907,102				(228,979	)	(1.4	)	%			521,964		3.3		%
Stockholders' equity:
Common equity		4,069,687			3,983,174			3,336,782				86,513		2.2		%			732,905		22.0		%
Accumulated other comprehensive (loss)		(65,533	)		(54,051	)		(64,296	)			(11,482	)	21.2		%			(1,237	)	1.9		%
Less: Treasury stock		(138,393	)		(130,797	)		(99,158	)			(7,596	)	5.8		%			(39,235	)	39.6		%
Total stockholders' equity		3,865,761			3,798,326			3,173,328				67,435		1.8		%			692,433		21.8		%
Total liabilities and stockholders' equity	$	20,294,827		$	20,456,371		$	19,080,430			$	(161,544	)	(0.8	)	%		$	1,214,397		6.4		%
1Non-owner occupied commercial real estate loans updated presentation to include multi-family loans
2Residential mortgage loans updated presentation to include residential construction and development

Central Bancompany, Inc. and Subsidiaries
Quarterly Consolidated Statements of Income(unaudited)
	Q2		Q1		Q2				Q vs PQ							Q vs PYQ
	FY26		FY26		FY25				$VAR			%VAR				$VAR			%VAR
	(dollars in thousands, except per common share data)
Interest income:
Loans	$	179,874	$	176,076	$	177,791			$	3,798		2.2		%		$	2,083		1.2		%
Investment securities		73,491		67,983		56,928				5,508		8.1		%			16,563		29.1		%
Short-term earning assets		7,059		13,995		10,961				(6,936	)	(49.6	)	%			(3,902	)	(35.6	)	%
Total interest income		260,424		258,054		245,680				2,370		0.9		%			14,744		6.0		%
Interest expense:
Deposits		42,176		43,425		44,271				(1,249	)	(2.9	)	%			(2,095	)	(4.7	)	%
Federal funds purchased and customer repurchase agreements		5,464		6,012		6,352				(548	)	(9.1	)	%			(888	)	(14.0	)	%
Total interest expense		47,640		49,437		50,623				(1,797	)	(3.6	)	%			(2,983	)	(5.9	)	%
Net interest income		212,784		208,617		195,057				4,167		2.0		%			17,727		9.1		%
Provision for (recovery of) credit losses		3,535		3,146		(7	)			389		12.4		%			3,542		NM
Noninterest income:
Wealth management services		23,244		22,243		19,319				1,001		4.5		%			3,925		20.3		%
Payment services revenue		18,253		16,370		17,420				1,883		11.5		%			833		4.8		%
Service charges and commissions		14,785		14,413		14,179				372		2.6		%			606		4.3		%
Mortgage banking revenues, net		10,615		9,536		11,139				1,079		11.3		%			(524	)	(4.7	)	%
Investment securities gains, net		616		-		-				616		—		%			616		—		%
Other income (loss)		2,042		2,526		(11,992	)			(484	)	(19.2	)	%			14,034		(117.0	)	%
Total noninterest income		69,555		65,088		50,065				4,467		6.9		%			19,490		38.9		%
Adjustments:
Investment securities gains, net		616		-		-				616		—		%			616		—		%
(Loss) on sale of consumer lease portfolio		-		-		(13,612	)			-		—		%			13,612		(100.0	)	%
Total adjusted noninterest income1		68,939		65,088		63,677				3,851		5.9		%			5,262		8.3		%
Noninterest expenses:
Salaries and employee benefits		80,036		76,039		74,736				3,997		5.3		%			5,300		7.1		%
Net occupancy and equipment		12,392		12,166		11,664				226		1.9		%			728		6.2		%
Computer software and maintenance		5,490		5,977		5,227				(487	)	(8.1	)	%			263		5.0		%
Marketing and business development		5,273		4,556		5,417				717		15.7		%			(144	)	(2.7	)	%
Legal and professional fees		5,569		6,065		5,477				(496	)	(8.2	)	%			92		1.7		%
Bankcard processing, rewards and related cost		8,263		7,753		8,090				510		6.6		%			173		2.1		%
Other expenses		14,331		14,060		16,159				271		1.9		%			(1,828	)	(11.3	)	%
Total noninterest expenses		131,354		126,616		126,770				4,738		3.7		%			4,584		3.6		%
Income before income taxes		147,450		143,943		118,359				3,507		2.4		%			29,091		24.6		%
Income taxes		33,677		32,855		26,994				822		2.5		%			6,683		24.8		%
Net income	$	113,773	$	111,088	$	91,365			$	2,685		2.4		%		$	22,408		24.5		%
Investment securities gains, net of taxes		469		-		-				469		—		%			469		—		%
(Loss) on sale of consumer lease portfolio, net of taxes		-		-		(6,563	)			-		—		%			6,563		(100.0	)	%
Adjusted net income1	$	113,304	$	111,088	$	97,928			$	2,216		2.0		%		$	15,376		15.7		%
End of period shares		239,505		239,787		220,665				(282	)	(0.1	)	%			18,840		8.5		%
Weighted average fully diluted shares		239,679		240,637		220,059				(958	)	(0.4	)	%			19,620		8.9		%
Net income per common share - diluted	$	0.47	$	0.46	$	0.41			$	0.01		2.8		%		$	0.06		14.9		%
Adjusted net income1 per common share - diluted	$	0.47	$	0.46	$	0.44			$	0.01		2.4		%		$	0.03		6.7		%
Dividends / share	$	0.120	$	0.120	$	0.855			$	-		—		%		$	(0.735	)	(86.0	)	%
1These are non-GAAP financial measures management believes are helpful to understanding trends in our business that may not be fully apparent based only on the most comparable GAAP financial measures. Further information on these financial measures and reconciliations to the most comparable GAAP financial measures are provided at the end of this release.

Central Bancompany, Inc. and Subsidiaries
Quarterly Summary of Financial Results(unaudited)
	Q2			Q1			Q2				Q vs PQ								Q vs PYQ
	FY26			FY26			FY25				$VAR				%VAR				$VAR				%VAR
	(dollars in thousands, except per common share data and other information)
Financial Ratios (GAAP)
Net interest margin		4.40	%		4.32	%		4.26	%			0.08		%	1.83		%			0.13		%	3.16		%
Return on average total assets		2.24	%		2.20	%		1.90	%			0.05		%	2.19		%			0.34		%	18.02		%
Return on average common equity		11.9	%		11.8	%		11.5	%			0.1		%	0.8		%			0.4		%	3.4		%
Fee income ratio		24.6	%		23.8	%		20.4	%			0.9		%	3.6		%			4.2		%	20.6		%
Efficiency ratio		46.5	%		46.3	%		51.7	%			0.3		%	0.6		%		(5.2		)	%	(10.0	)	%
Effective tax rate		22.8	%		22.8	%		22.8	%			—		%	0.1		%			—		%	0.1		%
Financial Ratios (Non-GAAP)1
Net interest margin (FTE)2		4.43	%		4.36	%		4.30	%			0.07		%	1.70		%			0.13		%	3.11		%
Adjusted return on average total assets		2.23	%		2.20	%		2.04	%			0.04		%	1.76		%			0.20		%	9.66		%
Adjusted return on average common equity		11.9	%		11.8	%		11.5	%			0.1		%	0.8		%			0.4		%	3.4		%
Return on average tangible common equity		13.1	%		13.0	%		13.0	%			0.1		%	0.7		%			0.1		%	1.0		%
Adjusted return on average tangible common equity		13.1	%		13.0	%		13.9	%			—		%	0.3		%		(0.9		)	%	(6.1	)	%
Adjusted fee income ratio		24.5	%		23.8	%		24.6	%			0.7		%	2.9		%		(0.1		)	%	(0.6	)	%
Efficiency ratio (FTE)2		46.1	%		45.7	%		48.4	%			0.4		%	0.9		%		(2.3		)	%	(4.8	)	%
Net Interest Margin & Yields
Interest-earning cash yield2		3.86	%		3.86	%		4.65	%			—		%	0.1		%		(0.79		)	%	(17.0	)	%
Investment securities yield2		4.22	%		4.23	%		3.91	%		(0.01		)	%	(0.2	)	%			0.31		%	7.9		%
Loan yield2		6.24	%		6.24	%		6.23	%			—		%	—		%			0.01		%	0.2		%
Cost of deposits		1.10	%		1.13	%		1.19	%		(0.03		)	%	(2.9	)	%		(0.09		)	%	(7.5	)	%
Cost of funds		1.17	%		1.21	%		1.28	%		(0.04		)	%	(3.3	)	%		(0.11		)	%	(8.5	)	%
Loan to deposit ratio		76.1	%		74.8	%		76.7	%			1.3		%	1.8		%		(0.7		)	%	(0.9	)	%
Interest-free funds ratio		44.0	%		43.4	%		41.8	%			0.6		%	1.5		%			2.3		%	5.5		%
Interest-earning asset yield2		5.42	%		5.38	%		5.40	%			0.04		%	0.7		%			0.01		%	0.2		%
Cost of total interest-bearing liabilities		1.76	%		1.81	%		1.90	%		(0.05			%	(2.7	)	%		(0.14		)	%	(7.4	)	%
Net interest spread		3.66	%		3.57	%		3.50	%			0.08		%	2.4		%			0.15		%	4.3		%
Benefit of interest-free funds		0.78	%		0.79	%		0.79	%		(0.01		)	%	(1.3	)	%		(0.02		)	%	(2.3	)	%
Other Information
Number of full service offices		159			156			155				3			1.9		%			4			2.6		%
Full-time equivalent employees		2,971			2,918			2,929				54			1.8		%			42			1.4		%
Consolidated Capital Ratios
Tier 1 capital ratio		28.6	%		28.6	%		23.8	%			—		%	0.1		%			4.8		%	20.2		%
Total risk-based capital ratio		29.8	%		29.8	%		25.0	%			—		%	0.1		%			4.8		%	19.1		%
Tier 1 leverage ratio		17.9	%		17.4	%		15.3	%			0.5		%	2.9		%			2.6		%	17.3		%
Common equity tier 1 ratio		28.6	%		28.6	%		23.8	%			—		%	0.1		%			4.8		%	20.2		%
Total stockholders' equity to total assets		19.0	%		18.6	%		16.6	%			0.5		%	2.6		%			2.4		%	14.5		%
Tangible common equity to tangible assets (non-GAAP)1		17.6	%		17.1	%		15.1	%			0.5		%	2.8		%			2.6		%	17.1		%
Risk-weighted assets	$	12,633		$	12,370		$	12,258			$	263			2.1		%		$	375			3.1		%
Book value per share	$	16.14		$	15.84		$	14.38			$	0.30			1.9		%		$	1.76			12.2		%
Tangible book value per share (non-GAAP)1	$	14.68		$	14.38		$	12.78			$	0.30			2.1		%		$	1.90			14.9		%
Closing stock price per share	$	30.38		$	23.95		NA				$	6.43			26.8		%		NA				NA
Bank-Level Ratios
Tier 1 capital ratio		12.7	%		12.9	%		13.5	%		(0.2		)	%	(1.8	)	%		(0.8		)	%	(5.7	)	%
Total risk-based capital ratio		13.9	%		14.1	%		14.7	%		(0.2		)	%	(1.7	)	%		(0.8		)	%	(5.5	)	%
Tier 1 leverage ratio		7.9	%		7.9	%		8.6	%			0.1		%	0.6		%		(0.7		)	%	(7.9	)	%
Common equity Tier 1 ratio		12.7	%		12.9	%		13.5	%		(0.2		)	%	(1.8	)	%		(0.8		)	%	(5.7	)	%
1These are non-GAAP financial measures management believes are helpful to understanding trends in our business that may not be fully apparent based only on the most comparable GAAP financial measures. Further information on these financial measures and reconciliations to the most comparable GAAP financial measures are provided at the end of this release.
2Fully-tax equivalent basis.
Asset Quality
Allowance for credit losses / loans held for investment		1.29	%		1.30	%		1.32	%		(0.01		)	%	(0.9	)	%		(0.03		)	%	(2.3	)	%
Allowance for credit losses	$	150,417		$	149,889		$	149,381			$	528			0.4		%		$	1,036			0.7		%
Allowance for unfunded loan commitments	$	360		$	369		$	524			$	(9	)		(2.4	)	%		$	(164	)		(31.3	)	%
Allowance for investment securities	$	12		$	10		$	22			$	2			20.0		%		$	(10	)		(45.5	)	%
Nonperforming loans / loans held for investment		0.49	%		0.45	%		0.42	%			0.04		%	8.4		%			0.07		%	16.4		%
Nonperforming loans	$	57,152		$	52,075		$	47,637			$	5,077			9.7		%		$	9,515			20.0		%
Nonperforming commercial loans	$	28,431		$	23,071		$	20,501			$	5,360			23.2		%		$	7,930			38.7		%
Nonperforming consumer loans	$	28,721		$	29,004		$	27,136			$	(283	)		(1.0	)	%		$	1,585			5.8		%
Nonperforming assets / total assets		0.30	%		0.27	%		0.28	%			0.03		%	10.8		%			0.01		%	5.1		%
Nonperforming assets	$	60,242		$	54,823		$	53,887			$	5,419			9.9		%		$	6,355			11.8		%
Net charge-offs / average loans		0.10	%		0.10	%		0.15	%			—		%	1.4		%		(0.05		)	%	(30.9	)	%
Net charge-offs	$	3,015		$	2,910		$	4,316			$	105			3.6		%		$	(1,301	)		(30.1	)	%
Commercial net charge-offs	$	341		$	317		$	1,408			$	24			7.6		%		$	(1,067	)		(75.8	)	%
Consumer net charge-offs	$	2,674		$	2,593		$	2,909			$	81			3.1		%		$	(235	)		(8.1	)	%

Central Bancompany, Inc. and Subsidiaries
Quarterly Average Consolidated Balance Sheets(unaudited)
	Q2			Q1			Q2				Q vs PQ							Q vs PYQ
	FY26			FY26			FY25				$VAR			%VAR				$VAR			%VAR
	(dollars in thousands)
Average Assets
Cash and due from banks	$	184,908		$	185,128		$	200,185			$	(220	)	(0.1	)	%		$	(15,277	)	(7.6	)	%
Short-term earning assets		763,811			1,531,094			983,573				(767,283	)	(50.1	)	%			(219,762	)	(22.3	)	%
Investment securities		7,033,039			6,564,377			5,879,919				468,662		7.1		%			1,153,120		19.6		%
Loans held for investment		11,581,901			11,469,527			11,458,168				112,374		1.0		%			123,733		1.1		%
Less allowance for credit losses		(149,888	)		(149,545	)		(152,818	)			(343	)	0.2		%			2,930		(1.9	)	%
Net loans		11,432,013			11,319,982			11,305,350				112,031		1.0		%			126,663		1.1		%
Loans held for sale		25,859			22,274			29,047				3,585		16.1		%			(3,188	)	(11.0	)	%
Land, buildings, and equipment, net		222,755			217,629			215,349				5,126		2.4		%			7,406		3.4		%
Goodwill and intangibles		350,576			351,380			353,803				(804	)	(0.2	)	%			(3,227	)	(0.9	)	%
Other assets		320,978			321,631			304,170				(653	)	(0.2	)	%			16,808		5.5		%
Total assets	$	20,333,939		$	20,513,495		$	19,271,396			$	(179,556	)	(0.9	)	%		$	1,062,543		5.5		%
Average Liabilities
Noninterest-bearing demand	$	5,502,016		$	5,512,732		$	5,225,769			$	(10,716	)	(0.2	)	%		$	276,247		5.3		%
Savings and interest-bearing demand		8,278,684			8,381,593			7,985,903				(102,909	)	(1.2	)	%			292,781		3.7		%
Time		1,573,476			1,631,224			1,692,958				(57,748	)	(3.5	)	%			(119,482	)	(7.1	)	%
Total deposits		15,354,176			15,525,549			14,904,630				(171,373	)	(1.1	)	%			449,546		3.0		%
Federal funds purchased and customer repurchase agreements		1,006,357			1,072,669			1,009,868				(66,312	)	(6.2	)	%			(3,511	)	(0.3	)	%
Total customer funds		16,360,533			16,598,218			15,914,498				(237,685	)	(1.4	)	%			446,035		2.8		%
Other liabilities		125,999			85,692			162,981				40,307		47.0		%			(36,982	)	(22.7	)	%
Total liabilities		16,486,532			16,683,910			16,077,479				(197,378	)	(1.2	)	%			409,053		2.5		%
Average Stockholders' Equity
Common equity		4,044,552			3,957,717			3,382,882				86,835		2.2		%			661,670		19.6		%
Accumulated other comprehensive loss		(63,886	)		(24,857	)		(89,919	)			(39,029	)	157.0		%			26,033		(29.0	)	%
Treasury stock		(133,259	)		(103,275	)		(99,046	)			(29,984	)	29.0		%			(34,213	)	34.5		%
Total stockholders' equity		3,847,407			3,829,585			3,193,917				17,822		0.5		%			653,490		20.5		%
Total liabilities and stockholders' equity	$	20,333,939		$	20,513,495		$	19,271,396			$	(179,556	)	(0.9	)	%		$	1,062,543		5.5		%
Average interest-earning assets	$	19,404,610		$	19,587,272		$	18,350,707			$	(182,662	)	(0.9	)	%		$	1,053,903		5.7		%
Average interest-bearing liabilities		10,858,517			11,085,486			10,688,729				(226,969	)	(2.0	)	%			169,788		1.6		%
Average interest-free funds		8,546,093			8,501,786			7,661,978				44,307		0.5		%			884,115		11.5		%

Central Bancompany, Inc. and Subsidiaries
Fiscal Year To Date Consolidated Statements of Income(unaudited)
	YTD		YTD				YTD YoY
	FY26		FY25				$VAR			%VAR
	(dollars in thousands, except per common share data)
Interest income:
Loans	$	355,950	$	354,065			$	1,885		0.5		%
Investment securities		141,474		110,333				31,141		28.2		%
Short-term earning assets		21,054		21,491				(437	)	(2.0	)	%
Total interest income		518,478		485,889				32,589		6.7		%
Interest expense:
Deposits		85,601		88,001				(2,400	)	(2.7	)	%
Federal funds purchased and customer repurchase agreements		11,476		13,558				(2,082	)	(15.4	)	%
Total interest expense		97,077		101,559				(4,482	)	(4.4	)	%
Net interest income		421,401		384,330				37,071		9.6		%
Provision for credit losses		6,681		2,913				3,768		129.4		%
Noninterest income:
Wealth management services		45,486		38,496				6,990		18.2		%
Payment services revenue		34,623		33,396				1,227		3.7		%
Service charges and commissions		29,199		28,123				1,076		3.8		%
Mortgage banking revenues, net		20,151		19,866				285		1.4		%
Investment securities gains, net		616		109				507		465.1		%
Other income (loss)		4,568		(11,136	)			15,704		(141.0	)	%
Total noninterest income		134,643		108,854				25,789		23.7		%
Adjustments:
Investment securities gains, net		616		109				507		465.1		%
(Loss) on sale of consumer lease portfolio		-		(13,612	)			13,612		(100.0	)	%
Total adjusted noninterest income1		134,027		122,357				11,670		9.5		%
Noninterest expenses:
Salaries and employee benefits		156,075		145,983				10,092		6.9		%
Net occupancy and equipment		24,558		23,510				1,048		4.5		%
Computer software and maintenance		11,467		11,283				184		1.6		%
Marketing and business development		9,830		10,376				(546	)	(5.3	)	%
Legal and professional fees		11,634		10,356				1,278		12.3		%
Bankcard processing, rewards and related cost		16,016		15,113				903		6.0		%
Other expenses		28,391		32,410				(4,019	)	(12.4	)	%
Total noninterest expenses		257,971		249,031				8,940		3.6		%
Income before income taxes		291,392		241,240				50,152		20.8		%
Income taxes		66,532		55,077				11,455		20.8		%
Net income	$	224,860	$	186,163			$	38,697		20.8		%
Adjustments:
Investment securities gains, net of taxes		469		83				386		465.1		%
(Loss) on expected sale of consumer lease portfolio, net of taxes		-		(6,563	)			6,563		(100.0	)	%
Adjusted net income1	$	224,391	$	192,643			$	31,748		16.5		%
End of period shares		239,505		220,665				18,840		8.5		%
Weighted average fully diluted shares		240,187		220,004				20,183		9.2		%
Net income per common share - diluted	$	0.94	$	0.84			$	0.09		10.9		%
Adjusted net income1 per common share - diluted	$	0.93	$	0.87			$	0.06		6.9		%
Dividends / share	$	0.240	$	0.910			$	(0.670	)	(73.6	)	%
1These are non-GAAP financial measures management believes are helpful to understanding trends in our business that may not be fully apparent based only on the most comparable GAAP financial measures. Further information on these financial measures and reconciliations to the most comparable GAAP financial measures are provided at the end of this release.

Central Bancompany, Inc. and Subsidiaries
Fiscal Year To Date Summary of Financial Results(unaudited)
	YTD			YTD				YTD YoY
	FY26			FY25				$VAR				%VAR
	(dollars in thousands, except per common share data and other information)
Financial Ratios (GAAP)
Net interest margin		4.36	%		4.23	%			0.13		%	3.1		%
Return on average total assets		2.22	%		1.95	%			0.27		%	13.7		%
Return on average common equity		11.8	%		11.8	%			—		%	0.3		%
Fee income ratio		24.2	%		22.1	%			2.1		%	9.7		%
Efficiency ratio		46.4	%		50.5	%		(4.1		)	%	(8.1	)	%
Effective tax rate		22.8	%		22.8	%			—		%	—		%
Financial Ratios (Non-GAAP)1
Net interest margin (FTE)2, 3		4.39	%		4.26	%			0.13		%	3.1		%
Adjusted return on average total assets2		2.22	%		2.02	%			0.19		%	9.6		%
Adjusted return on average common equity2		11.8	%		11.8	%			—		%	0.3		%
Return on average tangible common equity2		13.1	%		13.3	%		(0.3		)	%	(2.0	)	%
Adjusted return on average tangible common equity		13.0	%		13.8	%		(0.8		)	%	(5.4	)	%
Adjusted fee income ratio		24.1	%		24.1	%			—		%	(0.1	)	%
Efficiency ratio (FTE)3		45.9	%		48.5	%		(2.7		)	%	(5.5	)	%
Net Interest Margin & Yields
Interest-earning cash yield3		3.86	%		4.65	%		(0.79		)	%	(17.1	)	%
Investment securities yield3		4.23	%		3.85	%			0.37		%	9.7		%
Loan yield3		6.24	%		6.21	%			0.03		%	0.4		%
Cost of deposits		1.12	%		1.20	%		(0.08		)	%	(6.5	)	%
Cost of funds		1.19	%		1.29	%		(0.10		)	%	(7.9	)	%
Loan to deposit ratio		76.1	%		76.7	%		(0.7		)	%	(0.9	)	%
Interest-free funds ratio		43.7	%		41.4	%			2.3		%	5.5		%
Interest-earning asset yield3		5.40	%		5.38	%			0.02		%	0.3		%
Cost of total interest-bearing liabilities		1.78	%		1.91	%		(0.12		)	%	(6.5	)	%
Net interest spread		3.61	%		3.47	%			0.14		%	4.1		%
Benefit of interest-free funds		0.78	%		0.79	%		(0.01		)	%	(1.4	)	%
1These are non-GAAP financial measures management believes are helpful to understanding trends in our business that may not be fully apparent based only on the most comparable GAAP financial measures. Further information on these financial measures and reconciliations to the most comparable GAAP financial measures are provided at the end of this release.
2Annualized for all partial-year periods.
3Fully-tax equivalent basis.
Asset Quality
Allowance for credit losses / loans held for investment		1.29	%		1.32	%		(0.03		)	%	(2.3	)	%
Allowance for credit losses	$	150,417		$	149,381			$	1,036			0.7		%
Allowance for unfunded loan commitments	$	360		$	524			$	(164			(31.3	)	%
Allowance for investment securities	$	12		$	22			$	(10	)		(45.5	)	%
Nonperforming loans / loans held for investment		0.49	%		0.42	%			0.07		%	16.4		%
Nonperforming loans	$	57,152		$	47,637			$	9,515			20.0		%
Nonperforming commercial loans	$	28,431		$	20,501			$	7,930			38.7		%
Nonperforming consumer loans	$	28,721		$	27,136			$	1,585			5.8		%
Nonperforming assets / total assets		0.30	%		0.28	%			0.01		%	5.1		%
Nonperforming assets	$	60,242		$	53,887			$	6,355			11.8		%
Net charge-offs / average loans		0.10	%		0.14	%		(0.03)			%	(23.8	)	%
Net charge-offs	$	5,925		$	7,770			$	(1,845	)		(23.7	)	%
Commercial net charge-offs	$	658		$	2,577			$	(1,919	)		(74.5	)	%
Consumer net charge-offs	$	5,267		$	5,193			$	74			1.4		%

Central Bancompany, Inc. and Subsidiaries
Fiscal Year To Date Average Consolidated Balance Sheets (unaudited)
	YTD			YTD				YTD YoY
	FY26			FY25				$VAR			%VAR
	(dollars in thousands)
Average Assets
Cash and due from banks	$	185,018		$	194,145			$	(9,127	)	(4.7	)	%
Short-term earning assets		1,145,333			969,578				175,755		18.1		%
Investment securities		6,800,003			5,822,908				977,095		16.8		%
Loans held for investment		11,526,024			11,511,496				14,528		0.1		%
Less allowance for credit losses		(149,718	)		(153,286	)			3,568		(2.3	)	%
Net loans		11,376,306			11,358,210				18,096		0.2		%
Loans held for sale		24,076			23,340				736		3.2		%
Land, buildings, and equipment, net		220,206			215,607				4,599		2.1		%
Goodwill and intangibles		350,976			354,205				(3,229	)	(0.9	)	%
Other assets		321,303			285,540				35,763		12.5		%
Total assets	$	20,423,221		$	19,223,533			$	1,199,688		6.2		%
Average Liabilities
Noninterest-bearing demand	$	5,507,344		$	5,150,439			$	356,905		6.9		%
Savings and interest-bearing demand		8,329,854			7,995,162				334,692		4.2		%
Time		1,602,190			1,689,493				(87,303	)	(5.2	)	%
Total deposits		15,439,388			14,835,094				604,294		4.1		%
Federal funds purchased and customer repurchase agreements		1,039,330			1,047,224				(7,894	)	(0.8	)	%
Total customer funds		16,478,718			15,882,318				596,400		3.8		%
Other liabilities		105,958			153,391				(47,433	)	(30.9	)	%
Total liabilities		16,584,676			16,035,709				548,967		3.4		%
Average Stockholders' Equity
Common equity		4,001,374			3,393,965				607,409		17.9		%
Accumulated other comprehensive loss		(44,479	)		(106,997	)			62,518		(58.4	)	%
Treasury stock		(118,350	)		(99,144	)			(19,206	)	19.4		%
Total stockholders' equity		3,838,545			3,187,824				650,721		20.4		%
Total liabilities and stockholders' equity	$	20,423,221		$	19,223,533			$	1,199,688		6.2		%
Average interest-earning assets	$	19,495,436		$	18,327,322			$	1,168,114		6.4		%
Average interest-bearing liabilities		10,971,374			10,731,879				239,495		2.2		%
Average interest-free funds		8,524,062			7,595,443				928,619		12.2		%

Non-GAAP Financial Measures Reconciliations

In this release, we provide information about certain non-GAAP financial measures. This information supplements the results that are reported according to generally accepted accounting principles in the United States (GAAP) and should not be viewed in isolation from, or as a substitute for, GAAP results. We are presenting these non-GAAP financial measures because we believe, when taken collectively, they may be helpful to investors because they provide consistency and comparability with past financial performance by excluding certain items that may not be indicative of our business, results of operations or outlook. The non-GAAP measures as defined by the Company may not be comparable to similar non-GAAP measures presented by other companies.

We disclose net interest income and related ratios and analysis on a fully taxable-equivalent (“FTE”) basis, which may be considered non-GAAP financial measures. We believe this presentation to be the preferred industry measurement of net interest income as it provides a relevant comparison of net interest income arising from taxable and tax-exempt sources. In addition, certain performance measures, including the efficiency ratio and net interest margin utilize net interest income on a taxable-equivalent basis.

We evaluate our profitability and performance based on adjusted net income, adjusted total revenue, adjusted noninterest income, adjusted fee income, adjusted fee income ratio and adjusted return on average total assets. We adjust each of these measures to exclude the loss on the expected sale of the consumer loan portfolio in one of our markets and adjustments that resulted from certain investment portfolio repositioning activities during the periods presented that we consider to be outside of the ordinary course of business. We believe this allows investors to assess our net income, total revenue and noninterest income exclusive of the impact of changes outside the ordinary course of business. Similarly, we evaluate our operational efficiency based on tangible noninterest expense and our adjusted efficiency ratio, which excludes the effect of amortization of intangibles (a non-cash expense item) as well as the exclusions mentioned previously in this paragraph, and includes the tax benefit associated with our tax-advantaged loans.

We evaluate our financial condition based on the ratios of our tangible common equity to our tangible assets, tangible book value per share, return and adjusted return on average common equity, and return and adjusted return on average tangible common equity. Our calculation of these ratios allows readers to assess our stockholders’ equity, exclusive of the effect of our goodwill and other intangible assets.

Reconciliations for each of these non-GAAP financial measures to the closest GAAP financial measures are included in the tables below. Each of the non-GAAP financial measures presented should be considered in context with our GAAP financial results included in this release.

Central Bancompany, Inc. and Subsidiaries
Quarterly Reconciliation of non-GAAP Measures(unaudited)
		Q2			Q1			Q2				Q vs PQ						Q vs PYQ
		FY26			FY26			FY25				$VAR			%VAR			$VAR				%VAR
		(dollars in thousands, except share and per share data)
Interest income (FTE), net interest income (FTE) and net interest margin (FTE)
Interest income		$	260,424		$	258,054		$	245,680			$	2,370		0.9		%	$	14,744			6.0		%
Add: Tax-equivalent adjustment1			1,580			1,804			1,542				(224	)	(12.4	)	%		38			2.5		%
Interest income (FTE) (non-GAAP)		$	262,004		$	259,858		$	247,222			$	2,146		0.8		%	$	14,782			6.0		%
Net interest income	{a}	$	212,784		$	208,617		$	195,057			$	4,167		2.0		%	$	17,727			9.1		%
Add: Tax-equivalent adjustment1			1,580			1,804			1,542				(224	)	(12.4	)	%		38			2.5		%
Net interest income (FTE) (non-GAAP)	{b}	$	214,364		$	210,421		$	196,599			$	3,943		1.9		%	$	17,765			9.0		%
Average interest-earning assets	{c}	$	19,404,610		$	19,587,272		$	18,350,707			$	(182,662	)	(0.9	)	%	$	1,053,903			5.7		%
Net interest margin2	{a ÷ c}		4.40	%		4.32	%		4.26	%			0.08	%	1.8		%		0.13		%	3.2		%
Net interest margin (FTE) (non-GAAP) ²	{b ÷ c}		4.43	%		4.36	%		4.30	%			0.07	%	1.7		%		0.13		%	3.1		%
1 Effective marginal tax rate of 23.84% used for all periods.
2 Ratios for the quarters are presented on an annualized basis.
Adjusted noninterest income, adjusted total revenue and adjusted fee income ratio
Noninterest income	{a}	$	69,555		$	65,088		$	50,065			$	4,467		6.9		%	$	19,490			38.9		%
Less: Loss on sale of consumer lease portfolio			—			—			(13,612	)			—		—		%		13,612			(100.0	)	%
Less: Investment securities gains, net			616			—			—				616		—		%		616			—		%
Adjusted noninterest income (non-GAAP)	{b}	$	68,939		$	65,088		$	63,677				3,851		5.9		%		5,262			8.3		%
Net interest income		$	212,784		$	208,617		$	195,057				4,167		2.0		%		17,727			9.1		%
Noninterest income			69,555			65,088			50,065				4,467		6.9		%		19,490			38.9		%
Total revenue	{c}		282,339			273,705			245,122				8,634		3.2		%		37,217			15.2		%
Less: Loss on sale of consumer lease portfolio			—			—			(13,612	)			—		—		%		13,612			(100.0	)	%
Less: Investment securities gains, net			616			—			—				616		—		%		616			—		%
Adjusted total revenue (non-GAAP)	{d}	$	281,723		$	273,705		$	258,734			$	8,018		2.9		%	$	22,989			8.9		%
Fee income ratio	{a ÷ c}		24.6	%		23.8	%		20.4	%			0.9	%	3.6		%		4.2		%	20.6		%
Adjusted fee income ratio (non-GAAP)	{b ÷ d}		24.5	%		23.8	%		24.6	%			0.7	%	2.9		%	(0.1		)	%	(0.6	)	%
Tangible noninterest expense, adjusted total revenue (FTE) and efficiency ratio (FTE)
Net interest income		$	212,784		$	208,617		$	195,057			$	4,167		2.0		%	$	17,727			9.1		%
Noninterest income			69,555			65,088			50,065				4,467		6.9		%		19,490			38.9		%
Total revenue	{a}		282,339			273,705			245,122				8,634		3.2		%		37,217			15.2		%
Less: Loss on sale of consumer lease portfolio			—			—			(13,612	)			—		—		%		13,612			(100.0	)	%
Less: Investment securities gains, net			616			—			—				616		—		%		616			—		%
Add: Tax equivalent adjustment1			1,580			1,804			1,542				(224	)	(12.4	)	%		38			2.5		%
Adjusted total revenue (FTE) (non-GAAP)	{b}	$	283,303		$	275,509		$	260,276			$	7,794		2.8		%	$	23,027			8.8		%
Noninterest expense	{c}	$	131,354		$	126,616		$	126,770			$	4,738		3.7		%	$	4,584			3.6		%
Less: Amortization of intangible assets			804			804			807				—		—		%		(3	)		(0.4	)	%
Tangible noninterest expense (non-GAAP)	{d}	$	130,550		$	125,812		$	125,963			$	4,738		3.8		%	$	4,587			3.6		%
Efficiency ratio	{c ÷ a}		46.5	%		46.3	%		51.7	%			0.3	%	0.6		%	(5.2		)	%	(10.0	)	%
Efficiency ratio (FTE) (non-GAAP)	{d ÷ b}		46.1	%		45.7	%		48.4	%			0.4	%	0.9		%	(2.3		)	%	(4.8	)	%
Adjusted net income and adjusted return on average total assets
Net income	{a}	$	113,773		$	111,088		$	91,365			$	2,685		2.4		%	$	22,408			24.5		%
Add: Loss on sale of consumer lease portfolio, net of provision and taxes1, 3			—			—			6,563				—		—		%		(6,563	)		(100.0	)	%
Add: Investment securities (gains), net of taxes ¹			(469	)		—			—				(469	)	—		%		(469	)		—		%
Adjusted net income (non-GAAP)	{b}	$	113,304		$	111,088		$	97,928			$	2,216		2.0		%	$	15,376			15.7		%
Average total assets	{c}	$	20,333,939		$	20,513,495		$	19,271,396			$	(179,556	)	(0.9	)	%	$	1,062,543			5.5		%
Return on average total assets2	{a ÷ c}		2.24	%		2.20	%		1.90	%			0.05	%	2.2		%		0.34		%	18.0		%
Adjusted return on average total assets (non-GAAP)2	{b ÷ c}		2.23	%		2.20	%		2.04	%			0.04	%	1.8		%		0.20		%	9.7		%
¹ Effective marginal tax rate of 23.84% used for all periods.
2Ratios for the quarters are presented on an annualized basis.
3The second quarter of FY25 includes a $13.6 million loss on the expected sale of the consumer lease portfolio recognized in other noninterest income and a $5.0 million release of provision, which resulted in a net pre-tax loss of $8.6 million. Net of taxes, at a tax rate of 23.84%, the total impact to net income was $6.6 million."
Tangible common equity, tangible book value per share and tangible common equity to tangible assets
Total stockholders' equity	{a}	$	3,865,761		$	3,798,326		$	3,173,328			$	67,435		1.8		%	$	692,433			21.8		%
Less: Goodwill and other intangible assets			350,055			350,859			353,277				(804	)	(0.2	)	%		(3,222	)		(0.9	)	%
Tangible common equity (non-GAAP)	{b}	$	3,515,706		$	3,447,467		$	2,820,051			$	68,239		2.0		%	$	695,655			24.7		%
Total shares of Class A common stock outstanding	{c}		239,505			239,787			220,665				(282	)	(0.1	)	%		18,840			8.5		%
Book value per share	{a ÷ c}	$	16.14		$	15.84		$	14.38			$	0.30		1.9		%	$	1.76			12.2		%
Tangible book value per share (non-GAAP)	{b ÷ c}	$	14.68		$	14.38		$	12.78			$	0.30		2.1		%	$	1.90			14.9		%
Total assets	{d}	$	20,294,827		$	20,456,371		$	19,080,430			$	(161,544	)	(0.8	)	%	$	1,214,397			6.4		%
Less: Goodwill and other intangible assets			350,055			350,859			353,277				(804	)	(0.2	)	%		(3,222	)		(0.9	)	%
Tangible assets (non-GAAP)	{e}	$	19,944,772		$	20,105,512		$	18,727,153			$	(160,740	)	(0.8	)	%	$	1,217,619			6.5		%
Total stockholders' equity to total assets	{a ÷ d}		19.0	%		18.6	%		16.6	%			0.5	%	2.6		%		2.4		%	14.5		%
Tangible common equity to tangible assets (non-GAAP)	{b ÷ e}		17.6	%		17.1	%		15.1	%			0.5	%	2.8		%		2.6		%	17.1		%
Tangible net income, adjusted tangible net income, average tangible common equity, adjusted return on average common equity, return on average tangible common equity and adjusted return on average tangible common equity
Net income	{a}	$	113,773		$	111,088		$	91,365			$	2,685		2.4		%	$	22,408			24.5		%
Add: Amortization of intangible assets, net of taxes1			612			612			615				—		—		%		(2	)		(0.4	)	%
Tangible net income (non-GAAP)			114,385			111,700			91,980				2,685		2.4		%		22,406			24.4		%
Add: Loss on sale of consumer lease portfolio, net of provision and taxes1, 3			—			—			6,563				—		—		%		(6,563	)		(100.0	)	%
Add: Investment securities (gains), net of taxes1			(469	)		—			—				(469	)	—		%		(469	)		—		%
Adjusted tangible net income (non-GAAP)	{b}	$	113,916		$	111,700		$	98,543			$	2,216		2.0		%	$	15,374			15.6		%
Average common equity	{c}	$	3,847,407		$	3,829,585		$	3,193,917			$	17,822		0.5		%	$	653,490			20.5		%
Less: Average goodwill and other intangible assets			350,576			351,380			353,803				(804	)	(0.2	)	%		(3,227	)		(0.9	)	%
Average tangible common equity (non-GAAP)	{d}	$	3,496,831		$	3,478,205		$	2,840,114			$	18,626		0.5		%	$	656,717			23.1		%
Return on average common equity2	{a ÷ c}		11.9	%		11.8	%		11.5	%			0.1	%	0.8		%		0.4		%	3.4		%
Adjusted return on average common equity (non-GAAP)2	{b ÷ c}		11.8	%		11.8	%		12.3	%			—	%	0.4		%	(0.5		)	%	(4.0	)	%
Return on average tangible common equity (non-GAAP)2	{a ÷ d}		13.1	%		13.0	%		13.0	%			0.1	%	0.7		%		0.1		%	1.0		%
Adjusted return on average tangible common equity (non-GAAP)2	{b ÷ d}		13.1	%		13.0	%		13.9	%			—	%	0.3		%	(0.9		)	%	(6.1	)	%
1 Effective marginal tax rate of 23.84% used for all periods.
2 Ratios for the quarters are presented on an annualized basis.
3 The second quarter of FY25 includes a $13.6 million loss on the expected sale of the consumer lease portfolio recognized in other noninterest income and a $5.0 million release of provision, which resulted in a net pre-tax loss of $8.6 million. Net of taxes, at a tax rate of 23.84%, the total impact to net income was $6.6 million."

Central Bancompany, Inc. and Subsidiaries
Fiscal Year To Date Reconciliation of non-GAAP Measures (unaudited)
		YTD			YTD				YTD YoY
		FY26			FY25				$VAR				%VAR
		(dollars in thousands, except share and per share data)
Interest income (FTE), net interest income (FTE) and net interest margin (FTE)
Interest income		$	518,478		$	485,889			$	32,589			6.7		%
Add: Tax-equivalent adjustment1			3,383			3,124				259			8.3		%
Interest income (FTE) (non-GAAP)		$	521,861		$	489,013			$	32,848			6.7		%
Net interest income	{a}	$	421,401		$	384,330			$	37,071			9.6		%
Add: Tax-equivalent adjustment1			3,383			3,124				259			8.3		%
Net interest income (FTE) (non-GAAP)	{b}	$	424,784		$	387,454			$	37,330			9.6		%
Average interest-earning assets	{c}	$	19,495,436		$	18,327,322			$	1,168,114			6.4		%
Net interest margin2	{a ÷ c}		4.36	%		4.23	%			0.13		%	3.1		%
Net interest margin (FTE) (non-GAAP)2	{b ÷ c}		4.39	%		4.26	%			0.13		%	3.1		%
Adjusted noninterest income, adjusted total revenue and adjusted fee income ratio
Noninterest income	{a}	$	134,643		$	108,854			$	25,789			23.7		%
Less: Loss on sale of consumer lease portfolio			—			(13,612	)			13,612			(100.0	)	%
Less: Investment securities gains, net			616			109				507			465.1		%
Adjusted noninterest income (non-GAAP)	{b}	$	134,027		$	122,357				11,670			9.5		%
Net interest income		$	421,401		$	384,330				37,071			9.6		%
Noninterest income			134,643			108,854				25,789			23.7		%
Total revenue	{c}		556,044			493,184				62,860			12.7		%
Less: Loss on sale of consumer lease portfolio			—			(13,612	)			13,612			(100.0	)	%
Less: Investment securities gains, net			616			109				507			465.1		%
Adjusted total revenue (non-GAAP)	{d}	$	555,428		$	506,687			$	48,741			9.6		%
Fee income ratio	{a ÷ c}		24.2	%		22.1	%			2.1		%	9.7		%
Adjusted fee income ratio (non-GAAP)	{b ÷ d}		24.1	%		24.1	%			—		%	(0.1	)	%
Tangible noninterest expense, adjusted total revenue (FTE) and efficiency ratio (FTE)
Net interest income		$	421,401		$	384,330			$	37,071			9.6		%
Noninterest income			134,643			108,854				25,789			23.7		%
Total revenue	{a}		556,044			493,184				62,860			12.7		%
Less: Loss on sale of consumer lease portfolio			—			(13,612	)			13,612			(100.0	)	%
Less: Investment securities gains, net			616			109				507			465.1		%
Add: Tax equivalent adjustment1			3,383			3,124				259			8.3		%
Adjusted total revenue (FTE) (non-GAAP)	{b}	$	558,811		$	509,811			$	49,000			9.6		%
Noninterest expense	{c}	$	257,971		$	249,031			$	8,940			3.6		%
Less: Amortization of intangible assets			1,609			1,613				(4	)		(0.2	)	%
Tangible noninterest expense (non-GAAP)	{d}	$	256,362		$	247,418			$	8,944			3.6		%
Efficiency ratio	{c ÷ a}		46.4	%		50.5	%		(4.1		)	%	(8.1	)	%
Efficiency ratio (FTE) (non-GAAP)	{d ÷ b}		45.9	%		48.5	%		(2.7		)	%	(5.5	)	%
Adjusted net income and adjusted return on average total assets
Net income	{a}	$	224,860		$	186,163			$	38,697			20.8		%
Add: Loss on sale of consumer lease portfolio, net of provision and taxes1, 3			—			6,563				(6,563	)		(100.0	)	%
Add: Investment securities (gains), net of taxes ¹			(469	)		(83	)			(386	)		465.1		%
Adjusted net income (non-GAAP)	{b}	$	224,391		$	192,643			$	31,748			16.5		%
Average total assets	{c}	$	20,423,221		$	19,223,533			$	1,199,688			6.2		%
Return on average total assets2	{a ÷ c}		2.22	%		1.95	%			0.27		%	13.7		%
Adjusted return on average total assets (non-GAAP)2	{b ÷ c}		2.22	%		2.02	%			0.19		%	9.6		%
1 Effective marginal tax rate of 23.84% used for all periods.
2 Ratios for the year-to-date are presented on an annualized basis.
3 The second quarter of FY25 includes a $13.6 million loss on the expected sale of the consumer lease portfolio recognized in other noninterest income and a $5.0 million release of provision, which resulted in a net pre-tax loss of $8.6 million. Net of taxes, at a tax rate of 23.84%, the total impact to net income was $6.6 million.
Tangible net income, adjusted tangible net income, average tangible common equity, adjusted return on average common equity, return on average tangible common equity and adjusted return on average tangible common equity
Net income	{a}	$	224,860		$	186,163			$	38,697			20.8		%
Add: Amortization of intangible assets, net of taxes1			1,225			1,228				(3	)		(0.2	)	%
Tangible net income (non-GAAP)			226,085			187,391				38,694			20.6		%
Add: Loss on sale of consumer lease portfolio, net of provision and taxes1, 3			—			6,563				(6,563	)		(100.0	)	%
Add: Investment securities (gains), net of taxes1			(469	)		(83	)			(386	)		465.1		%
Adjusted tangible net income (non-GAAP)	{b}	$	225,616		$	193,871			$	31,745			16.4		%
Average common equity	{c}	$	3,838,545		$	3,187,824			$	650,721			20.4		%
Less: Average goodwill and other intangible assets			350,976			354,205				(3,229	)		(0.9	)	%
Average tangible common equity (non-GAAP)	{d}	$	3,487,569		$	2,833,619			$	653,950			23.1		%
Return on average common equity2	{a ÷ c}		11.8	%		11.8	%			—		%	0.3		%
Adjusted return on average common equity (non-GAAP)2	{b ÷ c}		11.8	%		12.2	%		(0.4		)	%	(3.3	)	%
Return on average tangible common equity (non-GAAP)2	{a ÷ d}		13.1	%		13.3	%		(0.3		)	%	(2.0	)	%
Adjusted return on average tangible common equity (non-GAAP)2	{b ÷ d}		13.0	%		13.8	%		(0.8		)	%	(5.4	)	%
1 Effective marginal tax rate of 23.84% used for all periods.
2 Ratios for the year-to-date are presented on an annualized basis.
3 The second quarter of FY25 includes a $13.6 million loss on the expected sale of the consumer lease portfolio recognized in other noninterest income and a $5.0 million release of provision, which resulted in a net pre-tax loss of $8.6 million. Net of taxes, at a tax rate of 23.84%, the total impact to net income was $6.6 million.

FAQ

How did Central Bancompany (CBC) perform in Q2 2026?

Central Bancompany reported Q2 2026 net income of $113.8 million, or $0.47 per diluted share. According to the company, this compares with $111.1 million ($0.46) in Q1 2026 and $91.4 million ($0.41) in Q2 2025, reflecting continued earnings growth.

What was Central Bancompany’s net interest margin in Q2 2026?

Central Bancompany reported a Q2 2026 net interest margin of 4.40% (4.43% on an FTE basis). According to the company, this increased from 4.32% in the prior quarter and 4.26% in the prior year quarter, supported by higher loan balances and favorable deposit costs.

Did Central Bancompany (CBC) declare a dividend with its Q2 2026 results?

Yes. Central Bancompany’s board declared a regular quarterly cash dividend of $0.12 per common share. According to the company, the dividend is payable on September 1, 2026 to shareholders of record as of the close of business on August 21, 2026.

What share repurchase actions did Central Bancompany announce on August 3, 2026?

Central Bancompany’s board authorized repurchases of up to $100 million of Class A common stock. According to the company, this rescinds the prior authorization and follows Q2 2026 repurchases of about 280,000 shares for approximately $7.6 million, returning capital to shareholders.

How strong is Central Bancompany’s capital position after Q2 2026?

Central Bancompany reported a consolidated CET1 ratio of 28.6% at June 30, 2026. According to the company, this represents roughly $1.9 billion of excess capital above its long-term CET1 target of 13.5%, supporting dividends and share repurchases.

What do Central Bancompany’s Q2 2026 results show about asset quality?

Asset quality remained strong in Q2 2026, with nonperforming assets at $60.2 million, or 0.30% of total assets. According to the company, net charge-offs were $3.0 million, equal to 0.10% annualized of average loans, and delinquent loans stood at 0.22% of loans.

How did noninterest income and wealth management perform for CBC in Q2 2026?

Central Bancompany generated Q2 2026 noninterest income of $69.6 million, up 38.9% year over year. According to the company, wealth management revenues rose 20% from the prior year quarter, while assets under advice increased to $17.3 billion, supporting fee-based income growth.