Central Bancompany (NASDAQ: CBC) grows Q1 2026 profit and boosts dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Central Bancompany, Inc. reported strong preliminary results for the first quarter of 2026. GAAP net income was $111.1 million, or $0.46 per diluted share, up from $94.8 million and $0.43 a year earlier. Total revenue reached $273.7 million, with net interest income of $208.6 million and a net interest margin of 4.32%.
Average loans held for investment were $11.5 billion, while average deposits rose to $15.5 billion, up 5.2% from the prior-year quarter. Asset quality remained solid, with net charge-offs at 0.10% of average loans and nonperforming loans at 0.45% of loans held for investment.
Profitability and efficiency were notable, with return on average assets of 2.20%, an efficiency ratio of 46.3% and an efficiency ratio (FTE) of 45.7%. Capital levels were very high, as the consolidated CET1 ratio stood at 28.6% and tangible common equity to tangible assets at 17.1%. The company increased its ordinary quarterly dividend to $0.12 per share and repurchased about $32 million of stock, while tangible book value per share rose to $14.38.
Positive
- Strong earnings growth: Q1 2026 net income of $111.1 million increased 17.2% year over year, with diluted EPS rising to $0.46 from $0.43.
- Improving profitability and efficiency: Return on average assets reached 2.20%, while the efficiency ratio improved to 46.3% and the FTE efficiency ratio to 45.7%.
- Robust capital position: The consolidated CET1 ratio was 28.6% and tangible common equity to tangible assets was 17.1%, providing $1.9 billion of excess capital above the long‑term CET1 target.
- Healthy credit quality: Net charge‑offs were 0.10% of average loans and nonperforming loans were 0.45% of loans held for investment, indicating stable asset quality.
- Capital returns to shareholders: The company raised its regular quarterly dividend 118% to $0.12 per share and repurchased $32 million of stock at an average price of $24.03.
Negative
- None.
Insights
Central Bancompany delivered strong, high-quality Q1 growth with robust capital and solid credit.
Central Bancompany posted Q1 2026 net income of $111.1M, up 17.2% year over year, on total revenue of $273.7M. Net interest income grew over 10% as average earning assets expanded 7% and the net interest margin reached 4.32% on a GAAP basis, or 4.36% FTE.
Fee income rose 10.7% to $65.1M, with wealth management and other core fee businesses contributing. Operating discipline was evident: the efficiency ratio improved to 46.3%, and the FTE efficiency ratio to 45.7%, while noninterest expense growth of 3.6% lagged double‑digit revenue growth.
Credit metrics remained healthy, with net charge‑offs at 0.10% of average loans and nonperforming assets at 0.27% of total assets. Capital is exceptionally strong, with a consolidated CET1 ratio of 28.6% and tangible common equity to tangible assets of 17.1%. Management is actively deploying excess capital through a $0.12 quarterly dividend and $32M of share repurchases in Q1 2026.
8-K Event Classification
3 items: 2.02, 7.01, 9.01
3 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Net income: $111.1M
Diluted EPS: $0.46
Total revenue: $273.7M
+5 more
8 metrics
Net income
$111.1M
GAAP net income for Q1 2026, up 17.2% year over year
Diluted EPS
$0.46
Earnings per share for Q1 2026, versus $0.43 in prior-year quarter
Total revenue
$273.7M
Net interest income plus noninterest income in Q1 2026
Net interest margin
4.32%
GAAP net interest margin for Q1 2026; 4.36% on FTE basis
Average deposits
$15.5B
Average total deposits for Q1 2026, 5.2% above prior-year quarter
Nonperforming loans ratio
0.45%
Nonperforming loans as a share of loans held for investment at March 31, 2026
CET1 ratio
28.6%
Consolidated common equity tier 1 capital ratio at March 31, 2026
Tangible book value per share
$14.38
Tangible book value per share as of March 31, 2026
Key Terms
net interest margin, efficiency ratio, CET1 ratio, nonperforming loans, +2 more
6 terms
net interest margin financial
"GAAP net interest income of $208.6 million, reflecting a GAAP net interest margin (“NIM”) of 4.32%"
Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.
efficiency ratio financial
"Efficiency ratio of 46.3% and efficiency ratio (FTE)1 of 45.7%"
A measure of how much a company spends to produce each dollar of revenue, usually shown as operating expenses divided by revenue and expressed as a percentage. Think of it as a household’s budget: a lower percentage means more of each dollar earned stays as profit, while a higher number means costs are eating into returns. Investors use it to judge cost control and compare how efficiently companies turn revenue into earnings, especially in banks and financial firms.
CET1 ratio financial
"Our CET1 ratio was 28.6% and represented $1.9 billion of excess capital"
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 loans financial
"Nonperforming loans at March 31, 2026 were $52.1 million, or 45 basis points of loans held for investment"
Nonperforming loans are loans on which borrowers have stopped making the scheduled interest or principal payments for an extended period (commonly 90 days or more) or are otherwise in serious danger of default. Think of them as IOUs that aren’t being repaid: they tie up a lender’s money, reduce future interest income, and force the lender to hold extra reserves or take losses. For investors, a rising share of nonperforming loans signals weakening credit quality, higher potential losses, and greater risk to a bank’s profitability and capital.
allowance for credit losses financial
"The allowance for credit losses ended the quarter at $149.9 million, representing 1.30% of loans held for investment"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
Earnings Snapshot
Total revenue: $273.7M
Q1 2026
Total revenue
$273.7M
+10.3% YoY
Net income
$111.1M
+17.2% YoY
Diluted EPS
$0.46
+7.2% YoY
Return on average assets
2.20%
+0.19 pts YoY
Net interest margin (GAAP)
4.32%
+0.13 pts YoY
Noninterest income
$65.1M
+10.7% YoY
Average loans held for investment
$11.5B
-0.8% YoY
Average total deposits
$15.5B
+5.2% YoY
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): April 28, 2026
___________________________________
(Exact name of registrant as specified in its charter)
___________________________________
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices and zip code) | ||||||||
( | ||||||||
(Registrant's telephone number, including area code) | ||||||||
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02 - Results of Operations and Financial Condition
On April 28, 2026, Central Bancompany, Inc. (“the Company”), the bank holding company for The Central Trust Bank, issued a press release announcing the financial results for the Company for the quarter ended March 31, 2026. A copy of the press release is attached as Exhibit 99.1 and the information is hereby incorporated by reference herein. The Company does not incorporate by reference information presented at any website referenced in the press release.
Item 7.01 - Regulation FD Disclosure
The Company is furnishing a copy of materials that will be used in the Company's shareholder conference call at 9:00 a.m. CT on April 28, 2026. A copy of the materials is attached as Exhibit 99.2 and will be available 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/wujracdi. A recorded replay of the conference call will be available on the website after the call’s completion. The materials are dated April 28, 2026, and the Company disclaims any obligation to correct or update any of the materials in the future.
The information contained in Item 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 hereto, is being furnished and shall not be deemed to be “filed” with the Securities and Exchange Commission (“SEC”) for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and is not incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Current Report on Form 8-K in such a filing.
Item 9.01 - Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description | ||||
99.1 | Press release of Central Bancompany, Inc. dated April 28, 2026, containing information for the quarter ended March 31, 2026 | ||||
99.2 | Quarterly Investor Relations Presentation for the quarter ended March 31, 2026 | ||||
104 | The XBRL tags on the cover page of this Form 8-K are embedded within the Inline XBRL document. | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CENTRAL BANCOMPANY, INC. | |||||||||||
Date: | April 28, 2026 | By: | /s/ James K. Ciroli | ||||||||
Name: James K. Ciroli | |||||||||||
Title: Chief Financial Officer (Principal Financial Officer and Authorized Officer) | |||||||||||
Central Bancompany, Inc. Reports First Quarter 2026 Results First Quarter 2026 Financial Highlights • GAAP net income of $111.1 million, or $0.46 per fully diluted share, compared to $107.6 million and $0.47 in the prior quarter and $94.8 million, or $0.43 per fully diluted share in the prior year quarter • GAAP net interest income of $208.6 million, reflecting a GAAP net interest margin (“NIM”) of 4.32% compared to 4.38% in the prior quarter and 4.19% in the prior year quarter • Average total loans held for investment of $11.5 billion, quarterly increase of $0.1 billion, or 1.2% growth from the prior quarter • Average total deposits of $15.5 billion, seasonally higher from last quarter and an increase of $0.8 billion or 5.2% from prior year quarter • Repurchased over 1.3 million shares at an average price of $24.03 • Return on average assets (“ROAA”) of 2.20% • Efficiency ratio of 46.3% and efficiency ratio (FTE)1 of 45.7% JEFFERSON CITY, MO. (April 28, 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 first quarter 2026. John “JR” Ross, President and Chief Executive Officer of Central Bancompany, commented "We are pleased to announce solid financial results for the first quarter of 2026. First quarter net income was $111.1 million, or $0.46 per fully diluted share, reflecting a 2.20% ROA and a 46.3% efficiency ratio. We’ve grown net income by $16.3 million, or 17%, from the first quarter of 2025. We were encouraged by loan growth in the quarter, with ending loans excluding other consumer up nearly 6% annualized quarter-over-quarter. Our teams grew average deposits by $0.8 billion, or 5%, including growth of over $400 million in average noninterest-bearing demand balances from the prior year quarter’s balances.” “We reaffirmed our commitment to capital deployment during the quarter by increasing our ordinary quarterly dividend by 118% to $0.12 per share and repurchasing $32 million of our outstanding shares to take advantage of attractive prices and expanded market liquidity,” Ross continued. “We were humbled to again be included as one of America’s Best Banks by Forbes, as well as being named the best performing U.S. public bank with more than $10 billion in assets by S&P Global Market Intelligence. Recognition from such leading organizations is a direct result of legendary service that our employees provide their customers and our communities, and I would like to thank them for driving a successful start to 2026.” Net Interest Income and Net Interest Margin The Company reported net interest income of $208.6 million in the first quarter of 2026, reflecting a GAAP net interest margin of 4.32% (4.36% on an FTE basis1). Net interest income increased $19.3 million from the first quarter of 2025, driven by solid underlying average earning asset growth of $1.3 billion, or 7%, resulting from growing deposits, earnings retention and our IPO. These funds have largely been invested in securities and short-term earning assets. From the end of 2025, average earning assets have grown by nearly $1.0 billion. Notably, in the first quarter of 2026, loans grew at an annualized rate of 6% excluding the reduction in other consumer loans. Compared with the first quarter of 2025, the net interest margin grew to 4.32% from 4.19% in the prior year quarter. Average earning assets for the quarter totaled $19.6 billion, an increase of $1.3 billion, or 7% from the first quarter of 2025, and $0.9 billion or 5% from prior quarter. Average total loans held for investment were $11.5 billion for the first quarter of 2026, declining slightly by $0.1 billion, or less than 1% from the prior year quarter. During that period of time, indirect consumer lending has been reduced and the consumer leasing portfolio was sold. Excluding other consumer loans, which included both indirect consumer loans and consumer leases, average total loans held for investment increased $0.4 billion or 3% from loan growth spread across a number of categories and markets. Total loans ended the quarter at $11.5 billion, $63 million above the average for the quarter, reflecting continued loan growth momentum. Exhibit 99.1 1 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.
Average total deposits were $15.5 billion for the first quarter of 2026, an increase of $0.8 billion, or 5% from prior year quarter. The increase from the prior year quarter was driven by higher noninterest bearing deposits, which rose $0.4 billion, or 9%, and non- maturity interest bearing deposits, which were up $0.4 billion or 5%. All significant customer segments reported deposit growth, with commercial deposits up 9% over the prior year quarter. The 13 basis point increase in the net interest margin from the prior year quarter reflected actions taken to invest short-term earning assets into the securities portfolio and actions taken to reduce the overall cost of deposits commensurate with lower short-term market rates. On a linked quarter basis, the decline in the net interest margin to 4.32% from 4.38% reflected higher levels of deposit funding being invested in short-term earning assets and the securities portfolio, resulting in additional net interest income albeit at a temporarily lower net interest margin on these incremental funds. Provision for credit losses The provision for credit losses was $3.1 million for the first quarter of 2026, an increase of 4.3% from the prior quarter driven primarily by loan growth and net charge-offs of $2.9 million. The allowance for credit losses ended the quarter at $149.9 million, representing 1.30% of loans held for investment and remaining largely consistent with the prior quarter, reflecting stable credit quality trends. Noninterest income Total noninterest income was $65.1 million for the first quarter of 2026, an increase of $6.3 million or 10.7% from the prior year quarter, reflecting higher wealth management revenues and a $1.7 million gain, recognized in other income, from the final liquidation of the consumer lease portfolio. Other categories of noninterest income experienced solid growth from the prior year quarter, reflecting healthy underlying customer activity and continued momentum across core fee-based revenue streams, underscoring the durability of these businesses. Noninterest expense Noninterest expense totaled $126.6 million for the first quarter of 2026, an increase of $4.4 million from the first quarter 2025. Salaries and benefits expenses increased $4.8 million, or 7%, primarily reflecting higher performance based compensation and regular merit increases. Full-time equivalents were flat to the prior year quarter. Legal and professional fees also rose $1.2 million from the prior year quarter reflecting an increase in technology improvement initiatives and additional costs associated with being a public company. Other expenses decreased $2.2 million from the prior year quarter across several expense categories. As a result of disciplined expense management and consistent growth in total revenue, our efficiency ratio (FTE)1 improved to 45.7% for the quarter, compared to 47.0% in the prior quarter and 48.7% in the first quarter of the prior year, underscoring continued operating leverage. Provision for income taxes The first quarter 2026 provision for income taxes was $32.9 million, $0.7 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 the full-year 2025. Asset quality Asset quality remained strong. Nonperforming loans at March 31, 2026 were $52.1 million, or 45 basis points of loans held for investment, up from 43 basis points at the end of the prior year quarter. Net charge-offs were $2.9 million for the quarter, 10 basis points (annualized) of average total loans. Credit costs remained in line with prior quarters. Delinquent loans at March 31, 2026 were $45.0 million, or 39 basis points of loans held for investment, as compared to 34 basis points at the end of the prior year quarter. Capital Capital levels at March 31, 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 12.9% at March 31, 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 March 31, 2026 was $15.84 per share, whereas our tangible book value was $14.38 per share1, of which $6.58 per share represents core tangible book value, with the remaining $7.80 per share attributable to excess capital. 2
Conference Call and Webcast Information The Company will host a conference call and webcast at 9:00 a.m. CT on Tuesday, April 28, 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/jwuqmnmy. 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 $20.5 billion in assets as of March 31, 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. 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 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 3
Current quarter, prior quarter and prior year quarter information is provided on pages 4-7 below. Central Bancompany, Inc. and Subsidiaries Quarterly Consolidated Balance Sheets (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands, except per common share data) Assets Cash and due from banks $ 190,868 $ 258,588 $ 319,668 $ (67,720) (26.2) % $ (128,800) (40.3) % Short-term earning assets 1,187,368 1,806,594 1,230,602 (619,226) (34.3) % (43,234) (3.5) % Investment securities 6,791,275 6,422,352 5,802,740 368,923 5.7 % 988,535 17.0 % Loans held for investment: Construction and development 512,681 570,749 489,243 (58,068) (10.2) % 23,438 4.8 % Commercial, financial & agricultural 1,740,689 1,761,287 1,767,642 (20,598) (1.2) % (26,953) (1.5) % Non-owner-occupied commercial real estate 1 3,267,008 3,150,269 3,278,281 116,739 3.7 % (11,273) (0.3) % Owner-occupied commercial real estate 1,583,461 1,580,260 1,608,046 3,201 0.2 % (24,585) (1.5) % Commercial real estate 4,850,469 4,730,529 4,886,327 119,940 2.5 % (35,858) (0.7) % Total commercial loans 7,103,839 7,062,565 7,143,212 41,274 0.6 % (39,373) (0.6) % Residential mortgage loans 2 3,423,146 3,321,101 3,112,039 102,045 3.1 % 311,107 10.0 % Home equity lines of credit 422,737 410,845 357,655 11,892 2.9 % 65,082 18.2 % Consumer credit card 93,171 98,310 87,669 (5,139) (5.2) % 5,502 6.3 % Other consumer loans 499,019 551,395 835,039 (52,376) (9.5) % (336,020) (40.2) % Total residential and consumer loans 4,438,073 4,381,651 4,392,402 56,422 1.3 % 45,671 1.0 % Total unpaid principal balance 11,541,912 11,444,216 11,535,614 97,696 0.9 % 6,298 0.1 % Add: Unearned income (9,342) (9,611) (23,677) 269 (2.8) % 14,335 (60.5) % Loans held for investment 11,532,570 11,434,605 11,511,937 97,965 0.9 % 20,633 0.2 % Less: Allowance for credit losses (149,889) (149,674) (153,738) (215) 0.1 % 3,849 (2.5) % Net loans 11,382,681 11,284,931 11,358,199 97,750 0.9 % 24,482 0.2 % Loans held for sale 29,457 54,119 19,856 (24,662) (45.6) % 9,601 48.4 % Land, buildings, and equipment, net 221,577 215,931 214,602 5,646 2.6 % 6,975 3.3 % Goodwill and intangibles 350,859 351,664 354,084 (805) (0.2) % (3,225) (0.9) % Other assets 302,286 357,799 284,709 (55,513) (15.5) % 17,577 6.2 % Total assets $ 20,456,371 $ 20,751,978 $ 19,584,460 $ (295,607) (1.4) % $ 871,911 4.5 % Liabilities and Stockholders' Equity Deposits: Noninterest-bearing demand $ 5,563,373 $ 5,615,652 $ 5,335,974 $ (52,279) (0.9) % $ 227,399 4.3 % Savings and interest-bearing demand 8,284,962 8,611,895 8,054,662 (326,933) (3.8) % 230,300 2.9 % Time 1,617,106 1,635,078 1,682,101 (17,972) (1.1) % (64,995) (3.9) % Total deposits 15,465,441 15,862,625 15,072,737 (397,184) (2.5) % 392,704 2.6 % Federal funds purchased and customer repurchase agreements 1,066,923 1,011,851 1,097,440 55,072 5.4 % (30,517) (2.8) % Total customer funds 16,532,364 16,874,476 16,170,177 (342,112) (2.0) % 362,187 2.2 % Other liabilities 125,681 93,525 170,656 32,156 34.4 % (44,975) (26.4) % Total liabilities 16,658,045 16,968,001 16,340,833 (309,956) (1.8) % 317,212 1.9 % Stockholders' equity: Common equity 3,983,174 3,900,011 3,433,445 83,163 2.1 % 549,729 16.0 % Accumulated other comprehensive (loss) (54,051) (16,872) (90,865) (37,179) 220.4 % 36,814 (40.5) % Less: Treasury stock (130,797) (99,162) (98,953) (31,635) 31.9 % (31,844) 32.2 % Total stockholders' equity 3,798,326 3,783,977 3,243,627 14,349 0.4 % 554,699 17.1 % Total liabilities and stockholders' equity $ 20,456,371 $ 20,751,978 $ 19,584,460 $ (295,607) (1.4) % $ 871,911 4.5 % 1 Non-owner occupied commercial real estate loans updated presentation to include multi-family loans 2 Residential mortgage loans updated presentation to include residential construction and development 4
Central Bancompany, Inc. and Subsidiaries Quarterly Consolidated Statements of Income (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands, except per common share data) Interest income: Loans $ 176,076 $ 178,961 $ 176,274 $ (2,885) (1.6) % $ (198) (0.1) % Investment securities 67,983 64,582 53,405 3,401 5.3 % 14,578 27.3 % Short-term earning assets 13,995 11,741 10,530 2,254 19.2 % 3,465 32.9 % Total interest income 258,054 255,284 240,209 2,770 1.1 % 17,845 7.4 % Interest expense: Deposits 43,425 43,133 43,730 292 0.7 % (305) (0.7) % Federal funds purchased and customer repurchase agreements 6,012 5,688 7,206 324 5.7 % (1,194) (16.6) % Total interest expense 49,437 48,821 50,936 616 1.3 % (1,499) (2.9) % Net interest income 208,617 206,463 189,273 2,154 1.0 % 19,344 10.2 % Provision for credit losses 3,146 3,016 2,920 130 4.3 % 226 7.7 % Noninterest income: Service charges and commissions 14,413 14,553 13,944 (140) (1.0) % 469 3.4 % Payment services revenue 16,370 17,063 15,976 (693) (4.1) % 394 2.5 % Brokerage services 7,936 7,701 6,714 235 3.1 % 1,222 18.2 % Fees for fiduciary services 14,307 14,214 12,463 93 0.7 % 1,844 14.8 % Mortgage banking revenues, net 9,536 9,408 8,727 128 1.4 % 809 9.3 % Investment securities gains, net - - 109 - — % (109) (100.0) % Other income 2,526 2,832 855 (306) (10.8) % 1,671 195.4 % Total noninterest income 65,088 65,771 58,788 (683) (1.0) % 6,300 10.7 % Less: Investment securities gains, net - - 109 - — % (109) (100.0) % Total adjusted noninterest income 1 65,088 65,771 58,679 (683) (1.0) % 6,409 10.9 % Noninterest expenses: Salaries and employee benefits 76,039 76,799 71,247 (760) (1.0) % 4,792 6.7 % Net occupancy and equipment 12,166 12,731 11,847 (565) (4.4) % 319 2.7 % Computer software and maintenance 5,977 5,241 6,056 736 14.0 % (79) (1.3) % Marketing and business development 4,556 5,476 4,959 (920) (16.8) % (403) (8.1) % Legal and professional fees 6,065 5,923 4,878 142 2.4 % 1,187 24.3 % Bankcard processing, rewards and related cost 7,753 7,595 7,022 158 2.1 % 731 10.4 % Other expenses 14,060 15,749 16,252 (1,689) (10.7) % (2,192) (13.5) % Total noninterest expenses 126,616 129,514 122,261 (2,898) (2.2) % 4,355 3.6 % Income before income taxes 143,943 139,704 122,880 4,239 3.0 % 21,063 17.1 % Income taxes 32,855 32,113 28,082 742 2.3 % 4,773 17.0 % Net income $ 111,088 $ 107,591 $ 94,798 $ 3,497 3.3 % $ 16,290 17.2 % Less: Investment securities gains, net of taxes - - 83 - — % (83) (100.0) % Adjusted net income 1 $ 111,088 $ 107,591 $ 94,715 $ 3,497 3.3 % $ 16,373 17.3 % End of period shares 239,787 241,106 220,735 (1,319) (0.5) % 19,052 8.6 % Weighted average fully diluted shares 240,637 229,267 219,951 11,370 5.0 % 20,690 9.4 % Net income per common share - diluted $ 0.46 $ 0.47 $ 0.43 $ (0.01) (1.5) % $ 0.03 7.2 % Adjusted net income 1 per common share - diluted $ 0.46 $ 0.47 $ 0.43 $ (0.01) (1.5) % $ 0.03 7.3 % Dividends / share $ 0.120 $ 0.155 $ 0.055 $ (0.035) (22.6) % $ 0.065 118.2 % 1 These 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. 5
(dollars in thousands, except per common share data and other information) Financial Ratios (GAAP) Net interest margin 4.32 % 4.38 % 4.19 % (0.06) % (1.37) % 0.13 % 3.00 % Return on average total assets 2.20 % 2.17 % 2.00 % 0.03 % 1.19 % 0.19 % 9.54 % Return on average common equity 11.8 % 12.1 % 12.1 % (0.4) % (2.9) % (0.3) % (2.6) % Fee income ratio 23.8 % 24.2 % 23.7 % (0.4) % (1.6) % 0.1 % 0.3 % Efficiency ratio 46.3 % 47.6 % 49.3 % (1.3) % (2.8) % (3.0) % (6.1) % Effective tax rate 22.8 % 23.0 % 22.9 % (0.2) % (0.7) % — % (0.1) % Financial Ratios (Non-GAAP) 1 Net interest margin (FTE) 2 4.36 % 4.41 % 4.23 % (0.06) % (1.31) % 0.13 % 3.03 % Adjusted return on average total assets 2.20 % 2.17 % 2.00 % 0.03 % 1.19 % 0.19 % 9.63 % Adjusted return on average common equity 11.8 % 12.1 % 12.1 % (0.4) % (2.9) % (0.3) % (2.6) % Return on average tangible common equity 13.0 % 13.5 % 13.7 % (0.5) % (3.8) % (0.7) % (4.8) % Adjusted return on average tangible common equity 13.0 % 13.5 % 13.7 % (0.5) % (3.8) % (0.7) % (4.8) % Adjusted fee income ratio 23.8 % 24.2 % 23.7 % (0.4) % (1.6) % 0.1 % 0.5 % Efficiency ratio (FTE) 2 45.7 % 47.0 % 48.7 % (1.3) % (2.8) % (3.0) % (6.2) % Net Interest Margin & Yields Interest-earning cash yield 2 3.86 % 4.11 % 4.65 % (0.25) % (6.0) % (0.79) % (17.1) % Investment securities yield 2 4.23 % 4.19 % 3.79 % 0.04 % 0.9 % 0.44 % 11.7 % Loan yield 2 6.24 % 6.27 % 6.20 % (0.03) % (0.5) % 0.04 % 0.7 % Cost of deposits 1.13 % 1.14 % 1.20 % (0.01) % (0.5) % (0.07) % (5.6) % Cost of funds 1.21 % 1.21 % 1.30 % — % (0.1) % (0.10) % (7.3) % Loan to deposit ratio 74.8 % 72.4 % 76.5 % 2.3 % 3.2 % (1.7) % (2.3) % Interest-free funds ratio 43.4 % 43.1 % 41.1 % 0.3 % 0.7 % 2.3 % 5.5 % Interest-earning asset yield 2 5.38 % 5.45 % 5.36 % (0.07) % (1.3) % 0.02 % 0.4 % Cost of total interest-bearing liabilities 1.81 % 1.82 % 1.92 % (0.01) % (0.7) % (0.11) % (5.7) % Net interest spread 3.57 % 3.63 % 3.44 % (0.06) % (1.6) % 0.13 % 3.8 % Benefit of interest-free funds 0.79 % 0.79 % 0.79 % — % — % — % (0.4) % Net interest margin (FTE)1, 2 4.36 % 4.41 % 4.23 % (0.06) % (1.3) % 0.13 % 3.0 % Other Information Number of full service offices 156 155 153 1 0.6 % 3 2.0 % Full-time equivalent employees 2,918 2,905 2,918 13 0.4 % — — % Consolidated Capital Ratios Tier 1 capital ratio 28.6 % 28.1 % 24.4 % 0.6 % 2.0 % 4.2 % 17.3 % Total risk-based capital ratio 29.9 % 29.3 % 25.7 % 0.6 % 1.9 % 4.2 % 16.3 % Tier 1 leverage ratio 17.4 % 17.9 % 15.8 % (0.5) % (2.8) % 1.6 % 10.0 % Common equity tier 1 ratio 28.6 % 28.1 % 24.4 % 0.6 % 2.0 % 4.2 % 17.3 % Total stockholders' equity to total assets 18.6 % 18.2 % 16.6 % 0.3 % 1.8 % 2.0 % 12.1 % Tangible common equity to tangible assets (non-GAAP)1 17.1 % 16.8 % 15.0 % 0.3 % 1.9 % 2.1 % 14.1 % Risk-weighted assets $ 12,343 $ 12,403 $ 12,340 $ (60) (0.5) % $ 3 — % Book value per share $ 15.84 $ 15.69 $ 14.69 $ 0.15 0.9 % $ 1.15 7.8 % Tangible book value per share (non-GAAP)1 $ 14.38 $ 14.24 $ 13.09 $ 0.14 1.0 % $ 1.29 9.8 % Bank-Level Ratios Tier 1 capital ratio 12.9 % 12.9 % 13.3 % — % 0.3 % (0.4) % (3.1) % Total risk-based capital ratio 14.1 % 14.1 % 14.6 % — % 0.3 % (0.4) % (3.0) % Tier 1 leverage ratio 7.9 % 8.2 % 8.6 % (0.3) % (3.9) % (0.7) % (8.5) % Common equity Tier 1 ratio 12.9 % 12.9 % 13.3 % — % 0.3 % (0.4) % (3.1) % 1 These 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. 2 Fully-tax equivalent basis. Central Bancompany, Inc. and Subsidiaries Quarterly Summary of Financial Results (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR 6
Asset Quality Allowance for credit losses / loans held for investment 1.30 % 1.31 % 1.34 % (0.01) % (0.7) % (0.04) % (2.7) % Allowance for credit losses $ 149,889 $ 149,674 $ 153,738 $ 215 0.1 % $ (3,849) (2.5) % Allowance for unfunded loan commitments $ 369 $ 349 $ 490 $ 20 5.7 % $ (121) (24.7) % Allowance for investment securities $ 10 $ 10 $ 22 $ — — % $ (12) (54.5) % Nonperforming loans / loans held for investment 0.45 % 0.40 % 0.43 % 0.05 % 12.2 % 0.02 % 5.2 % Nonperforming loans $ 52,075 $ 46,006 $ 49,391 $ 6,069 13.2 % $ 2,684 5.4 % Nonperforming commercial loans $ 23,071 $ 17,245 $ 19,729 $ 5,826 33.8 % $ 3,342 16.9 % Nonperforming consumer loans $ 29,004 $ 28,761 $ 29,662 $ 243 0.8 % $ (658) (2.2) % Nonperforming assets / total assets 0.27 % 0.25 % 0.28 % 0.02 % 7.0 % (0.02) % (5.5) % Nonperforming assets $ 54,823 $ 51,960 $ 55,520 $ 2,863 5.5 % $ (697) (1.3) % Net charge-offs / average loans 0.10 % 0.10 % 0.12 % — % 3.6 % (0.02) % (15.1) % Net charge-offs $ 2,910 $ 2,841 $ 3,453 $ 69 2.4 % $ (543) (15.7) % Commercial net charge-offs $ 317 $ 770 $ 1,169 $ (453) (58.8) % $ (852) (72.9) % Consumer net charge-offs $ 2,593 $ 2,071 $ 2,284 $ 522 25.2 % $ 309 13.5 % Central Bancompany, Inc. and Subsidiaries Quarterly Summary of Financial Results (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR Central Bancompany, Inc. and Subsidiaries Quarterly Average Consolidated Balance Sheets (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands) Average Assets Cash and due from banks $ 185,128 $ 187,628 $ 188,038 $ (2,500) (1.3) % $ (2,910) (1.5) % Short-term earning assets 1,531,094 1,180,781 955,427 350,313 29.7 % 575,667 60.3 % Investment securities 6,564,377 6,154,552 5,765,263 409,825 6.7 % 799,114 13.9 % Loans held for investment 11,469,527 11,335,992 11,565,417 133,535 1.2 % (95,890) (0.8) % Less allowance for credit losses (149,545) (149,126) (153,760) (419) 0.3 % 4,215 (2.7) % Net loans 11,319,982 11,186,866 11,411,657 133,116 1.2 % (91,675) (0.8) % Loans held for sale 22,274 33,068 17,569 (10,794) (32.6) % 4,705 26.8 % Land, buildings, and equipment, net 217,629 216,211 215,867 1,418 0.7 % 1,762 0.8 % Goodwill and intangibles 351,380 352,186 354,612 (806) (0.2) % (3,232) (0.9) % Other assets 321,631 354,945 266,704 (33,314) (9.4) % 54,927 20.6 % Total assets $ 20,513,495 $ 19,666,237 $ 19,175,137 $ 847,258 4.3 % $ 1,338,358 7.0 % Average Liabilities Noninterest-bearing demand $ 5,512,732 $ 5,375,187 $ 5,074,272 $ 137,545 2.6 % $ 438,460 8.6 % Savings and interest-bearing demand 8,381,593 7,962,083 8,004,524 419,510 5.3 % 377,069 4.7 % Time 1,631,224 1,671,731 1,685,989 (40,507) (2.4) % (54,765) (3.2) % Total deposits 15,525,549 15,009,001 14,764,785 516,548 3.4 % 760,764 5.2 % Federal funds purchased and customer repurchase agreements 1,072,669 1,004,520 1,084,995 68,149 6.8 % (12,326) (1.1) % Total customer funds 16,598,218 16,013,521 15,849,780 584,697 3.7 % 748,438 4.7 % Other liabilities 85,692 129,327 143,694 (43,635) (33.7) % (58,002) (40.4) % Total liabilities 16,683,910 16,142,848 15,993,474 541,062 3.4 % 690,436 4.3 % Average Stockholders' Equity Common equity 3,957,717 3,650,132 3,405,171 307,585 8.4 % 552,546 16.2 % Accumulated other comprehensive loss (24,857) (27,585) (124,265) 2,728 (9.9) % 99,408 (80.0) % Treasury stock (103,275) (99,158) (99,243) (4,117) 4.2 % (4,032) 4.1 % Total stockholders' equity 3,829,585 3,523,389 3,181,663 306,196 8.7 % 647,922 20.4 % Total liabilities and stockholders' equity $ 20,513,495 $ 19,666,237 $ 19,175,137 $ 847,258 4.3 % $ 1,338,358 7.0 % Average interest-earning assets $ 19,587,272 $ 18,704,393 $ 18,303,676 $ 882,879 4.7 % $ 1,283,596 7.0 % Average interest-bearing liabilities 11,085,486 10,638,334 10,775,508 447,152 4.2 % 309,978 2.9 % Average interest-free funds 8,501,786 8,066,059 7,528,168 435,727 5.4 % 973,618 12.9 % 7
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 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. Interest income (FTE), net interest income (FTE) and net interest margin (FTE) Interest income $ 258,054 $ 255,284 $ 240,209 $ 2,770 1.1 % $ 17,845 7.4 % Add: Tax-equivalent adjustment ¹ 1,804 1,658 1,581 146 8.8 % 223 14.1 % Interest income (FTE) (non-GAAP) $ 259,858 $ 256,942 $ 241,790 $ 2,916 1.1 % $ 18,068 7.5 % Net interest income {a} $ 208,617 $ 206,463 $ 189,273 $ 2,154 1.0 % $ 19,344 10.2 % Add: Tax-equivalent adjustment ¹ 1,804 1,658 1,581 146 8.8 % 223 14.1 % Net interest income (FTE) (non-GAAP) {b} $ 210,421 $ 208,121 $ 190,854 $ 2,300 1.1 % $ 19,567 10.3 % Average interest-earning assets {c} $ 19,587,272 $ 18,704,393 $ 18,303,676 $ 882,879 4.7 % $ 1,283,596 7.0 % Net interest margin ² {a ÷ c} 4.32 % 4.38 % 4.19 % (0.06) % (1.4) % 0.13 % 3.0 % Net interest margin (FTE) (non-GAAP) ² {b ÷ c} 4.36 % 4.41 % 4.23 % (0.06) % (1.3) % 0.13 % 3.0 % ¹ Effective marginal tax rate of 23.84% used for all periods. ² Ratios for the quarters are presented on an annualized basis. Central Bancompany, Inc. and Subsidiaries Quarterly Reconciliation of non-GAAP Measures (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands, except share and per share data) 8
Adjusted noninterest income, adjusted total revenue and adjusted fee income ratio Noninterest income {a} $ 65,088 $ 65,771 $ 58,788 $ (683) (1.0) % $ 6,300 10.7 % Less: Investment securities gains, net — — 109 — — % (109) (100.0) % Adjusted noninterest income (non-GAAP) {b} $ 65,088 $ 65,771 $ 58,679 (683) (1.0) % 6,409 10.9 % Net interest income $ 208,617 $ 206,463 $ 189,273 2,154 1.0 % 19,344 10.2 % Noninterest income 65,088 65,771 58,788 (683) (1.0) % 6,300 10.7 % Total revenue {c} 273,705 272,234 248,061 1,471 0.5 % 25,644 10.3 % Less: Investment securities gains, net — — 109 — — % (109) (100.0) % Adjusted total revenue (non-GAAP) {d} $ 273,705 $ 272,234 $ 247,952 $ 1,471 0.5 % $ 25,753 10.4 % Fee income ratio {a ÷ c} 23.8 % 24.2 % 23.7 % (0.4) % (1.6) % 0.1 % 0.3 % Adjusted fee income ratio (non-GAAP) {b ÷ d} 23.8 % 24.2 % 23.7 % (0.4) % (1.6) % 0.1 % 0.5 % Tangible noninterest expense, adjusted total revenue (FTE) and efficiency ratio (FTE) Net interest income $ 208,617 $ 206,463 $ 189,273 $ 2,154 1.0 % $ 19,344 10.2 % Noninterest income 65,088 65,771 58,788 (683) (1.0) % 6,300 10.7 % Total revenue {a} 273,705 272,234 248,061 1,471 0.5 % 25,644 10.3 % Less: Investment securities gains, net — — 109 — — % (109) — % Add: Tax equivalent adjustment ¹ 1,804 1,658 1,581 146 8.8 % 223 14.1 % Adjusted total revenue (FTE) (non-GAAP) {b} $ 275,509 $ 273,892 $ 249,533 $ 1,617 0.6 % $ 25,976 10.4 % Noninterest expense {c} $ 126,616 $ 129,514 $ 122,261 $ (2,898) (2.2) % $ 4,355 3.6 % Less: Amortization of intangible assets 804 807 807 (3) (0.4) % (3) (0.4) % Tangible noninterest expense (non-GAAP) {d} $ 125,812 $ 128,707 $ 121,454 $ (2,895) (2.2) % $ 4,358 3.6 % Efficiency ratio {c ÷ a} 46.3 % 47.6 % 49.3 % (1.3) % (2.8) % (3.0) % (6.1) % Efficiency ratio (FTE) (non-GAAP) {d ÷ b} 45.7 % 47.0 % 48.7 % (1.3) % (2.8) % (3.0) % (6.2) % ¹ Effective marginal tax rate of 23.84% used for all periods. Adjusted net income and adjusted return on average total assets Net income {a} $ 111,088 $ 107,591 $ 94,798 $ 3,497 3.3 % $ 16,290 17.2 % Add: Investment securities (gains), net of taxes ¹ — — (83) — — % 83 (100.0) % Adjusted net income (non-GAAP) {b} $ 111,088 $ 107,591 $ 94,715 $ 3,497 3.3 % $ 16,373 17.3 % Average total assets {c} $ 20,513,495 $ 19,666,237 $ 19,175,137 $ 847,258 4.3 % $ 1,338,358 7.0 % Return on average total assets 2 {a ÷ c} 2.20 % 2.17 % 2.00 % 0.03 % 1.2 % 0.19 % 9.5 % Adjusted return on average total assets (non- GAAP) 2 {b ÷ c} 2.20 % 2.17 % 2.00 % 0.03 % 1.2 % 0.19 % 9.6 % ¹ Effective marginal tax rate of 23.84% used for all periods. 2 Ratios for the quarters are presented on an annualized basis. Central Bancompany, Inc. and Subsidiaries Quarterly Reconciliation of non-GAAP Measures (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands, except share and per share data) 9
Tangible common equity, tangible book value per share and tangible common equity to tangible assets Total stockholders' equity {a} $ 3,798,326 $ 3,783,977 $ 3,243,627 $ 14,349 0.4 % $ 554,699 17.1 % Less: Goodwill and other intangible assets 350,859 351,664 354,084 (805) (0.2) % (3,225) (0.9) % Tangible common equity (non-GAAP) {b} $ 3,447,467 $ 3,432,313 $ 2,889,543 $ 15,154 0.4 % $ 557,924 19.3 % Total shares of Class A common stock outstanding {c} 239,787 241,106 220,735 (1,319) (0.5) % 19,052 8.6 % Book value per share {a ÷ c} $ 15.84 $ 15.69 $ 14.69 $ 0.15 0.9 % $ 1.15 7.8 % Tangible book value per share (non-GAAP) {b ÷ c} $ 14.38 $ 14.24 $ 13.09 $ 0.14 1.0 % $ 1.29 9.8 % Total assets {d} $ 20,456,371 $ 20,751,978 $ 19,584,460 $ (295,607) (1.4) % $ 871,911 4.5 % Less: Goodwill and other intangible assets 350,859 351,664 354,084 (805) (0.2) % (3,225) (0.9) % Tangible assets (non-GAAP) {e} $ 20,105,512 $ 20,400,314 $ 19,230,376 $ (294,802) (1.4) % $ 875,136 4.6 % Total stockholders' equity to total assets {a ÷ d} 18.6 % 18.2 % 16.6 % 0.3 % 1.8 % 2.0 % 12.1 % Tangible common equity to tangible assets (non-GAAP) {b ÷ e} 17.1 % 16.8 % 15.0 % 0.3 % 1.9 % 2.1 % 14.1 % 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} $ 111,088 $ 107,591 $ 94,798 $ 3,497 3.3 % $ 16,290 17.2 % Add: Amortization of intangible assets, net of taxes ¹ 612 615 615 (2) (0.4) % (2) (0.4) % Tangible net income (non-GAAP) 111,700 108,206 95,413 3,495 3.2 % 16,288 17.1 % Add: Investment securities (gains), net of taxes ¹ — — (83) — — % 83 (100.0) % Adjusted tangible net income (non-GAAP) {b} $ 111,700 $ 108,206 $ 95,330 $ 3,495 3.2 % $ 16,371 17.2 % Average common equity {c} $ 3,829,585 $ 3,523,389 $ 3,181,663 $ 306,196 8.7 % $ 647,922 20.4 % Less: Average goodwill and other intangible assets 351,380 352,186 354,612 (806) (0.2) % (3,232) (0.9) % Average tangible common equity (non-GAAP) {d} $ 3,478,205 $ 3,171,203 $ 2,827,051 $ 307,002 9.7 % $ 651,154 23.0 % Return on average common equity 2 {a ÷ c} 11.8 % 12.1 % 12.1 % (0.4) % (2.9) % (0.3) % (2.6) % Adjusted return on average common equity (non-GAAP) 2 {b ÷ c} 11.8 % 12.1 % 12.1 % (0.4) % (2.9) % (0.3) % (2.6) % Return on average tangible common equity (non-GAAP) 2 {a ÷ d} 13.0 % 13.5 % 13.7 % (0.5) % (3.8) % (0.7) % (4.8) % Adjusted return on average tangible common equity (non-GAAP) 2 {b ÷ d} 13.0 % 13.5 % 13.7 % (0.5) % (3.8) % (0.7) % (4.8) % ¹ Effective marginal tax rate of 23.84% used for all periods. 2 Ratios for the quarters are presented on an annualized basis. Central Bancompany, Inc. and Subsidiaries Quarterly Reconciliation of non-GAAP Measures (unaudited) Q1 Q4 Q1 Q vs PQ Q vs PYQ FY26 FY25 FY25 $VAR %VAR $VAR %VAR (dollars in thousands, except share and per share data) 10
1st Quarter 2026 Financial Review CENTRAL BANCOMPANY April | 2026 Exhibit 99.2
Legal Disclaimer This presentation 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 presentation 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 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 presentation to reflect events or circumstances after the date of this presentation or to reflect new information or the occurrence of unanticipated events, except as required by law. This presentation includes 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 presentation. 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. Please see Appendix for a reconciliation of the non-GAAP measures to the comparable GAAP measures. Within this presentation, we reference certain industry and sector information and statistics. We have obtained this information and these statistics from various independent, third-party sources. Nothing in the data used or derived from third-party sources should be construed as advice. Some data and other information are also based on our good faith estimates, which are derived from our review of internal surveys and independent sources. We believe that these external sources and estimates are reliable, but we have not independently verified them. Statements as to our market position are based on market data currently available to us. Although we are not aware of any misstatements regarding the demographic, economic, employment, industry and trade association data presented herein, these estimates involve inherent risks and uncertainties and are based on assumptions that are subject to change. 2
1Q26 Financial Highlights Net Income of $111.1 million EPS of $0.46 ROAA of 2.20% CET1 ratio of 28.6% Excess capital1 of $7.80 per share NIM of 4.32% Fee income ratio of 23.8% Efficiency ratio of 46.3% • Net interest income of $208.6 million; FTE NIM of 4.36%2 • Noninterest income of $65.1 million; fee income ratio maintained at 24% • Noninterest expense of $126.6 million; FTE efficiency ratio of 45.7%2 • EOP loans of $11.5 billion, 1% growth from prior quarter • EOP deposits of $15.5 billion, 3% growth from prior year quarter3 • EOP Cash + Securities4 to total assets of 40% • TBV of $14.382 per share • Total excess capital1 of $1.9 billion, or $7.80 per share • Executed $32 million of our announced $50 million share repurchase authorization at an average price of $24.03 • Increased regular quarterly dividend 118% to $0.12 per share Income Statement Balance Sheet Capital 3 Notes: 1. Excess capital measured as the amount of capital above our Long Term CET1 target of 13.5% 2. Non-GAAP number. Please see non-GAAP reconciliation in Appendix 3. Comparison to prior year quarter as Central’s deposits are seasonally higher at the end of Q4 due to higher public funds deposits 4. Includes Short-term earning assets
Highlights: ■ Net Income of $111.1MM, an increase of 17.2% from the prior year quarter. ■ Net interest income increased $19.3MM or 10.2% from the prior year quarter. Please see slide 5 for further information. ■ Noninterest income increased $6.3MM or 10.7% compared to the prior year quarter. Please see slide 6 for further information. Quarter Ended % Change ($MM, unless otherwise stated) Q1'26 Q4'25 Q1'25 QoQ YoY Interest Income $258.1 $255.3 $240.2 1.1 % 7.4 % Interest Expense 49.4 48.8 50.9 1.3 % (2.9) % Net Interest Income 208.6 206.5 189.3 1.0 % 10.2 % Provision for Credit Losses 3.1 3.0 2.9 4.3 % 7.7 % Net Interest Income After Provision for Credit Losses 205.5 203.4 186.4 1.0 % 10.3 % Noninterest Income 65.1 65.8 58.8 (1.0) % 10.7 % Noninterest Expense 126.6 129.5 122.3 (2.2) % 3.6 % Earnings Before Income Taxes 143.9 139.7 122.9 3.0 % 17.1 % Net Income 111.1 107.6 94.8 3.3 % 17.2 % Earnings Per Share $0.46 $0.47 $0.43 (1.5) % 7.2 % 4 Notes: Columns may not sum due to rounding differences Income Statement Summary
Net Interest Income Highlights: ■ Net interest income (FTE)3 of $210.4MM for Q1'26 representing an increase of 10.3% YoY ■ Average earning assets increased 7.0% YoY, driven by deposit growth, earnings retention and IPO proceeds, invested in securities and short-term earning assets ■ From the prior year quarter, FTE NIM3 increased 13 bps to 4.36%, loan yield increased 4 bps to 6.24%, and cost of deposits decreased 7 bps to 1.13% *tax equivalent yield 6.20% 6.23% 6.28% 6.27% 6.24% 4.23% 4.30% 4.39% 4.41% 4.36% 1.20% 1.19% 1.19% 1.14% 1.13% Loan Yield* Net interest margin (FTE)* Cost of Deposits Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Volume 5 7% 5% 10% 12% 5% 18% 2026 2027 Base Case (100 bps) +100bps Quarterly Yield Trends Net Interest Income (FTE) YoY Waterfall Estimated Change in Net Interest Income Assuming Static Balance Sheet Relative to 20251 Notes: 1. Based on standard March 31, 2026 IRR model; flows calculated relative to base case scenario; assumes static balance sheet 2. Estimated impact on net interest income from immediate parallel shifts in both short-term and long-term interest rates at the specified levels 3. Non-GAAP number. Please see non-GAAP reconciliation in Appendix 2 2 $190,854 $13,661 $(1,398) $(933) $8,237 $210,421 1Q25 Cash & Investments Loans Funding Rate 1Q26
Highlights: ■ Noninterest income of $65.1MM for Q1’26, compared to $65.8MM for the prior quarter and $58.8MM for the prior year quarter ■ Wealth management fees rose $3.1MM, or 16.0% YoY, as assets under advice rose 18.2% to $16.0 billion at the end of the current quarter. On a QoQ basis, wealth management fees rose $0.3MM, or 1.5% with total AUA increasing 0.4%, driven by continued strong net new AUA, partially offset by a reduction from market movement ■ YoY increase in every primary noninterest income line item; QoQ declines in service charges and commissions and payment services revenue reflect seasonal nature of those businesses ■ Other income for Q1’26 included a $1.7MM gain on finalization of the consumer lease portfolio sale ■ Fee income ratio of 23.8% in Q1’26, as compared to 23.7% in the prior year quarter Noninterest Income Quarter-Ended % Change ($MM) Q1'26 Q4'25 Q1'25 QoQ YoY Service charges and commissions $14.4 $14.6 $13.9 (1.0) % 3.4 % Payment services revenue 16.4 17.1 16.0 (4.1) % 2.5 % Brokerage services 7.9 7.7 6.7 3.1 % 18.2 % Fees for fiduciary services 14.3 14.2 12.5 0.7 % 14.8 % Mortgage banking revenues, net 9.5 9.4 8.7 1.4 % 9.3 % Investment securities (losses) gains, net - - 0.1 NM NM Other income 2.5 2.8 0.9 (10.8) % NM Total noninterest income $65.1 $65.8 $58.8 (1.0) % 10.7 % 6 Notes: Columns may not sum due to rounding differences
Noninterest Expense Highlights: ■ Noninterest expense of $126.6MM for Q1’26, an increase of 3.6% from the prior year quarter ■ Salary and employee benefits increased $4.8MM, or 6.7%, reflecting higher performance-based compensation and merit increases ■ Legal and professional fees increased $1.2MM from the prior year quarter, reflecting an increase in technology improvement initiatives and additional costs associated with being a public company ■ Other expenses decreased $2.2MM from the prior year quarter. The prior year quarter contained $3.1MM of residual value losses in the consumer lease portfolio ■ Efficiency ratio (FTE)1 of 45.7%, compared to 48.7% in the prior year quarter Quarter-Ended % Change ($MM) Q1'26 Q4'25 Q1'25 QoQ YoY Salaries and employee benefits $76.0 $76.8 $71.2 (1.0) % 6.7 % Net occupancy and equipment 12.2 12.7 11.8 (4.4) % 2.7 % Computer software and maintenance 6.0 5.2 6.1 14.0 % (1.3) % Marketing and business development 4.6 5.5 5.0 (16.8) % (8.1) % Legal and professional fees 6.1 5.9 4.9 2.4 % 24.3 % Bankcard processing fees 7.8 7.6 7.0 2.1 % 10.4 % Other expenses 14.1 15.7 16.3 (10.7) % (13.5) % Total noninterest expense $126.6 $129.5 $122.3 (2.2) % 3.6 % Memo: # of Full Time Equivalent Employees 2,918 2,905 2,918 7 Notes: Columns may not sum due to rounding differences 1. Non-GAAP number. Please see non-GAAP reconciliation in Appendix
Loan Portfolio Highlights: ■ End of period loans held for investment of $11.5 billion, an increase of 0.9% from the prior quarter ■ End of period loans held for investment, excluding other consumer loans, increased 5.6% annualized from the prior quarter and 3.3% from the prior year quarter ■ Commercial loan tailwinds continued during the quarter, supported by commercial real estate originations and moderating payoff activity ■ Consumer loan growth was driven by strong mortgage origination and HELOC utilization despite continued moderation in the consumer installment portfolio and the sale of the lease portfolio Loan Portfolio Breakdown (%) C&D, 4% C&I, 15% Non-OO CRE, 28% OO CRE, 14% 1-4 Family, 30% Home Equity Lines, 4% Consumer, 4% Period-End Balances % Change Dollars in millions Q1'26 Q4'25 Q1'25 QoQ YoY Construction & development $513 $571 $489 (10.2) % 4.8 % Commercial, financial & agricultural 1,741 1,761 1,768 (1.2) % (1.5) % Non-owner-occupied CRE 3,267 3,150 3,278 3.7 % (0.3) % Owner-occupied CRE 1,583 1,580 1,608 0.2 % (1.5) % Commercial real estate 4,850 4,731 4,886 2.5 % (0.7) % Total commercial loans 7,104 7,063 7,143 0.6 % (0.6) % Residential mortgage loans 3,423 3,321 3,112 3.1 % 10.0 % Home equity lines of credit 423 411 358 2.9 % 18.2 % Consumer credit card 93 98 88 (5.2) % 6.3 % Other consumer loans 499 551 835 (9.5) % (40.2) % Total consumer loans 4,438 4,382 4,392 1.3 % 1.0 % Total unpaid principal balance 11,542 11,444 11,536 0.9 % 0.1 % Add: Unearned income (9) (10) (24) (2.8) % (60.5) % Loans held for investment $11,533 $11,435 $11,512 0.9 % 0.2 % 8 Notes: Columns may not sum due to rounding differences
Deposit Portfolio 54% 36% 10% 9 Notes: Columns may not sum due to rounding differences 1. Deposit costs reflect quarterly figures on an annualized basis Q1'26 Q4'25 Q1'25 Average Balance % Change Dollars in millions Period- End Average Balance Cost1 Period- End Average Balance Cost1 Period- End Average Balance Cost1 QoQ YoY Noninterest-bearing $5,563 $5,513 $5,616 $5,375 $5,336 $5,074 2.6 % 8.6 % Savings and interest-bearing demand 8,285 8,382 1.54 % 8,612 7,962 1.52 % 8,055 8,005 1.54 % 5.3 % 4.7 % Time 1,617 1,631 2.87 % 1,635 1,672 3.01 % 1,682 1,686 3.19 % (2.4) % (3.2) % Total $15,465 $15,526 1.13 % $15,863 $15,009 1.14 % $15,073 $14,765 1.20 % 3.4 % 5.2 % Q1'26 Q4'25 Q1'25 Average Balance % Change Dollars in millions Period- End Average Balance Cost1 Period- End Average Balance Cost1 Period- End Average Balance Cost1 QoQ YoY Commercial $5,249 $5,238 0.87 % $5,286 $5,181 0.90 % $5,083 $4,817 0.92 % 1.1 % 8.7 % Consumer 8,059 7,884 0.91 % 7,927 7,778 0.93 % 7,837 7,655 0.96 % 1.4 % 3.0 % Public Funds 2,157 2,403 2.44 % 2,649 2,050 2.52 % 2,152 2,292 2.60 % 17.2 % 4.8 % Total Deposits $15,465 $15,526 1.13 % $15,863 $15,009 1.14 % $15,073 $14,765 1.20 % 3.4 % 5.2 % Highlights: ■ Average non-public deposit growth was 1.3% during the quarter and 5.2% compared to the prior year quarter ■ Cost of deposits of 1.13% compared to 1.20% in the prior year quarter ■ Cost of deposits decreased 1 bp QoQ; excluding mix shift into public funds, cost decreased 5 bps QoQ ■ Non-time deposits represent 90% of EOP total deposits ■ Uninsured & uncollateralized deposits (excluding intercompany accounts) represent 21.5% of EOP total deposits
Key Balance Sheet Ratios CET1 Cash + Securities / Total Assets 24.4% 23.8% 24.6% 28.1% 28.6% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 37.5% 36.3% 36.7% 40.9% 39.9% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Components of Book Value Per Share1 Period End Loans to Deposits 76.5% 76.7% 76.7% 72.4% 74.8% Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 10 Notes: Dollars in millions 1. Core TBVPS and Excess TBVPS are non-GAAP measures. See Appendix for non-GAAP reconciliation. $14.69 $14.38 $14.88 $15.69 $15.81 $6.98 $7.05 $7.14 $6.73 $6.58 $6.11 $5.72 $6.15 $7.50 $7.80 Core TBVPS Excess TBVPS BVPS Q1'25 Q2'25 Q3'25 Q4'25 Q1'26
Asset Quality Allowance for Credit Losses Nonperforming Assets / Total Assets2Net Charge-Offs / Average Loans1 Delinquencies3 Notes: Dollars in millions 1. Quarterly metrics shown on an annualized basis 2. Other NPAs include foreclosed and other repossessed assets 3. Delinquencies represent accruing loans ≥ 30 days past due $153.7 $149.4 $149.5 $149.7 $149.9 1.34% 1.32% 1.32% 1.31% 1.30% ACL / Loans HFI Allowance for Credit Losses on LHFI Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 11 $55.5 $53.9 $57.4 $52.0 $54.8 $6.1 $6.3 $6.6 $6.0 $2.7 $29.7 $27.1 $32.5 $28.8 $29.0 $19.7 $20.5 $18.3 $17.2 $23.1 0.28% 0.28% 0.30% 0.25% 0.27% NPAs / Total Assets Nonperforming Commercial Loans Nonperforming Consumer Loans Other NPAs Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 $3.5 $4.3 $3.4 $2.8 $2.9 $2.3 $2.9 $2.2 $2.1 $2.6 $1.2 $1.4 $1.3 $0.8 $0.3 0.12% 0.15% 0.12% 0.10% 0.10% NCOs / Average Loans Commercial Net C/O Consumer Net C/O Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 $38.8 $27.1 $23.7 $36.4 $45.0 $26.9 $16.9 $18.5 $26.4 $28.8 $11.8 $10.2 $5.2 $10.0 $16.2 0.34% 0.24% 0.21% 0.32% 0.39% Delinquent Loans / Loans HFI Delinquent Commercial Loans Delinquent Consumer Loans Q1'25 Q2'25 Q3'25 Q4'25 Q1'26
Consolidated and Bank Level Capital Ratios Capital Position CET1 Ratio 28.1% 28.6% 12.9% 12.9% Q4'25 Q1'26 Tier 1 Capital Ratio 28.1% 28.6% 12.9% 12.9% Q4'25 Q1'26 Total Capital Ratio 29.3% 29.9% 14.1% 14.1% Q4'25 Q1'26 Leverage Ratio 17.9% 17.4% 8.2% 7.9% Q4'25 Q1'26 Highlights: ■ Excess capital of $1.9 billion measured as the amount above our long term CET1 target of 13.5% ■ Excess capital of $7.80 per share ■ Given our historical track record on credit and level of residential mortgage loans, we expect that the proposed regulatory capital changes will be a small benefit for us 12
Capital Stewardship 13 Excess Capital is a Strategic Asset • Over half of our capital is excess, but it produces just over 11% of our net income • Taking into account excess capital, which is held at the holding company, market valuations currently imply a P/E multiple on the core bank of just 10x MRQ (and even lower on a forward basis) or a ~3 turn discount to high performing peers1 Proven Capital Allocation Over Long-Term Core vs. Excess: Per Share Components2 Core vs. Excess: Returns and Valuation Components2 Notes: 1. Core bank P/E multiple reflects 3/31/26 closing stock price less excess TBVPS to a 13.5% CET1 ratio divided by annualized MRQ EPS less implied EPS on average excess capital using an opportunity cost of tax-effected daily average IORB for the quarter. Financial data reflects most recent publicly available quarter. High-performing peers include CFR, CBSH, GBCI, CBU, FFIN and BANF. 2. TBVPS and ROTCE are non-GAAP measures. See Appendix for non-GAAP reconciliations. $14.38 $6.58 $7.80 Core Excess 2026Q1 $0.00 $10.00 $20.00 $1.66 $0.21 Core Excess 2026Q1 $0.00 $1.00 $2.00 TBVPS EPS Annualized 2.8% Assumed 1x TBVPS 24.5% Implied ~10x EPS ROTCE Valuation Ex ce ss C or e We will increase ROTCE as we invest excess capital • Continuous exploration of attractive ROIC acquisitions, which would drive net income and ROTCE higher • Increased regular quarterly dividend by 118% to a 26% payout ratio • Initiated a share repurchase that we believe takes advantage of increased secondary liquidity from pre-IPO non-affiliated shares and attractive prices, delivering an acquisition ROIC of approximately 12%
Appendix
Balance Sheet Summary Quarter Ended % Change ($MM, unless otherwise stated) Q1'26 Q4'25 Q1'25 QoQ YoY Interest-Bearing Cash and Bank Deposits $1,378 $2,065 $1,550 (33.3) % (11.1) % Investment Securities 6,791 6,422 5,803 5.7 % 17.0 % Gross Loans 11,533 11,435 11,512 0.9 % 0.2 % Total Assets 20,456 20,752 19,585 (1.4) % 4.4 % Total Deposits 15,465 15,863 15,073 (2.5) % 2.6 % Fed Funds Purchased & Customer Repurchases 1,067 1,012 1,097 5.4 % (2.8) % Total Customer Funds 16,532 16,874 16,170 (2.0) % 2.2 % Total Liabilities 16,658 16,968 16,341 (1.8) % 1.9 % Total Stockholders' Equity $3,798 $3,784 $3,244 0.4 % 17.1 % Tangible Book Value Per Share ($) $14.38 $14.24 $13.09 1.0 % 9.8 % 15 Notes: Columns may not sum due to rounding differences
Central Bancompany’s History & Overview 1902 Creation of Central Bank 1973 Expanded into St. Louis, Missouri 1993 Added Our 50th Location 2001-2007 Midwest expansion into Oklahoma and Kansas 2022 Expanded into the State of Florida 1980 First Automated Teller Machine (ATM) 1998 Launched Internet Banking 2008 New Family Leadership 2019 Completed Acquisitions of Liberty Bancorp and Platte County Bancshares (Kansas City MSA) 2023 Named “Best Customer Service Bank” by Newsweek 1969 Renamed The Central Trust Bank 2017 Expanded into the State of Colorado Present 1 of only 2 banks named to Top 50 of Forbes Magazine’s “America’s Best Banks” every year since 2009 1966 Early adopter of computerized banking, with installation of IBM mainframe 1933 During the Great Depression, made loan to the State of Missouri to assist with making payroll and paying other expenses Founded in 1902 by the great- grandfather of our Executive Chairman, Bryan Cook and currently ~$20Bn super-community bank with operations primarily in MO, KS, OK, and CO Industry leading profitability and growth, with a ~10% earnings CAGR since 1972 Driven by a traditional, yet highly diversified and advanced, community banking business model and a consistent culture, represented by our slogan, “Strong Roots, Endless Possibilities” Recognized as the #9 Best Bank by Forbes in 2026 and is only one of two banks that has been in the Top 50 every year since 2009 16
Our Vision & Culture To Become a Leading Financial Services Provider in Each Community We Serve Notes: 1. Net Promoter Score represents Central Bancompany’s latest available figure for Consumer, Commercial and Wealth businesses weighted by number of responses on our most recent customer survey 2. As of December 31, 2025 3. S&P Global Market Intelligence as of June 30, 2025 NOTABLE CULTURE DEDICATED EMPLOYEES HAPPY CUSTOMERS OUR VISION To become a leader in every market we serve Customer Centric Community Aligned Committed to the Long-Term Collaborative to Succeed 8 years average tenure 86% overall favorable employee rating Net Promoter Score:741 Collaborative to Succeed • Maintain community banking model led by experienced leaders • Continued collaboration and alignment embodied in the “Central Code” Community Aligned • Engaged participation from employees in local communities • 29,000+ community service hours in 2025, or approximately 10 hours per employee Committed to the Long-Term • Continuous reinvestment into our business • Current modernization project intended to provide real-time API-based capabilities Customer Centric • Grown the number of households served by an average of 3% per year since 2016 and high Net Promoter Score (“NPS”) of 741 • Average ~14 years customer tenure2 24% weighted avg. MSA market share = ~2x peer median3 17
Community Bank Service Model with Best-in-Class Products and Services Strong Roots, Endless Possibilities Notes: 1. ROAA for three months ended March 31, 2026 presented on an annualized basis. Consolidated deposits and loans do not foot to 11 primary market areas due to deposits in our Other Markets. 2. NPS figures are based on most recent annual customer survey and weighted by number of responses for Consumer, Commercial and Wealth lines of business (in the case of Commercial, figure is based on responses from customers who consider the Bank to be their primary financial services provider). 3. Employee satisfaction figures represent share of employees who would recommend working at the bank based on most recent annual employee survey. FL Jefferson CityKansas CityDenver TulsaOklahoma CitySt. Louis Total Deposits Total Loans Return on Average Assets "ROAA" (%)1 Net Promoter Score2 Employee Satisfaction3 Dollars in millions 3/31/2026 3/31/2026 1Q2026 (#) (%) Missouri Markets: Jefferson City 3,344 1,422 2.11 % 77 89% Kansas City 3,172 2,040 2.12 % 72 81% Columbia 2,547 1,608 2.55 % 75 86% St. Louis 1,949 1,986 2.44 % 78 91% Springfield 1,615 1,310 2.26 % 71 87% Lake of the Ozarks 965 606 2.62 % 77 85% Branson 413 324 2.48 % 70 78% Sedalia 409 263 2.80 % 70 91% Warrensburg 349 191 1.90 % 64 94% Other Primary Markets: Oklahoma 348 913 1.80 % 71 81% Colorado 352 725 1.53 % 78 90% Consolidated 1 15,465 11,562 2.20 % 74 86% 18
Reconciliation of Certain Non-GAAP Metrics 19 Interest income (FTE), net interest income (FTE) and net interest margin (FTE) Q1 Q4 Q1 FY26 FY25 FY25 (dollars in thousands, except share and per share data) Interest income $ 258,054 $ 255,284 $ 240,209 Add: Tax-equivalent adjustment ¹ 1,804 1,658 1,581 Interest income (FTE) (non-GAAP) $ 259,858 $ 256,942 $ 241,790 Net interest income {a} $ 208,617 $ 206,463 $ 189,273 Add: Tax-equivalent adjustment ¹ 1,804 1,658 1,581 Net interest income (FTE) (non-GAAP) {b} $ 210,421 $ 208,121 $ 190,854 Average interest-earning assets {c} $ 19,587,272 $ 18,704,393 $ 18,303,676 Net interest margin ² {a ÷ c} 4.32 % 4.38 % 4.19 % Net interest margin (FTE) (non-GAAP) ² {b ÷ c} 4.36 % 4.41 % 4.23 % ¹ Effective marginal tax rate of 23.84% used for all periods. ² Ratios for the quarters are presented on an annualized basis.
Reconciliation of Certain Non-GAAP Metrics 20 Tangible noninterest expense, adjusted total revenue (FTE) and efficiency ratio (FTE) Q1 Q4 Q1 FY26 FY25 FY25 (dollars in thousands, except share and per share data) Net interest income $ 208,617 $ 206,463 $ 189,273 Noninterest income 65,088 65,771 58,788 Total revenue {a} 273,705 272,234 248,061 Less: Investment securities gains, net — — 109 Add: Tax equivalent adjustment ¹ 1,804 1,658 1,581 Adjusted total revenue (FTE) (non-GAAP) {b} $ 275,509 $ 273,892 $ 249,533 Noninterest expense {c} $ 126,616 $ 129,514 $ 122,261 Less: Amortization of intangible assets 804 807 807 Tangible noninterest expense (non-GAAP) {d} $ 125,812 $ 128,707 $ 121,454 Efficiency ratio {c ÷ a} 46.3 % 47.6 % 49.3 % Efficiency ratio (FTE) (non-GAAP) {d ÷ b} 45.7 % 47.0 % 48.7 % ¹ Effective marginal tax rate of 23.84% used for all periods.
Reconciliation of Certain Non-GAAP Metrics 21 Tangible common equity, tangible book value per share and tangible common equity to tangible assets Q1 Q4 Q1 FY26 FY25 FY25 (dollars in thousands, except share and per share data) Total stockholders' equity {a} $ 3,798,326 $ 3,783,977 $ 3,243,627 Less: Goodwill and other intangible assets 350,859 351,664 354,084 Tangible common equity (non-GAAP) {b} $ 3,447,467 $ 3,432,313 $ 2,889,543 Total shares of Class A common stock outstanding {c} 239,787 241,106 220,735 Book value per share {a ÷ c} $ 15.84 $ 15.69 $ 14.69 Tangible book value per share (non-GAAP) {b ÷ c} $ 14.38 $ 14.24 $ 13.09 Total assets {d} $ 20,456,371 $ 20,751,978 $ 19,584,460 Less: Goodwill and other intangible assets 350,859 351,664 354,084 Tangible assets (non-GAAP) {e} $ 20,105,512 $ 20,400,314 $ 19,230,376 Total stockholders' equity to total assets {a ÷ d} 18.6 % 18.2 % 16.6 % Tangible common equity to tangible assets (non-GAAP) {b ÷ e} 17.1 % 16.8 % 15.0 %
Reconciliation of Certain Non-GAAP Metrics 22 Excess tangible common equity, excess tangible book value per share and core tangible book value per share Q1 Q2 Q3 Q4 Q1 FY25 FY25 FY25 FY25 FY26 (dollars in thousands, except share and per share data) Total stockholders' equity {a} $ 3,243,627 $ 3,173,328 $ 3,284,414 $ 3,783,977 $ 3,798,326 Less: Goodwill and other intangible assets 354,084 353,277 352,470 351,664 350,859 Tangible common equity (non-GAAP) {b} $ 2,889,543 $ 2,820,051 $ 2,931,944 $ 3,432,313 $ 3,447,467 Total shares of Class A common stock outstanding {c} 220,735 220,665 220,665 241,106 239,787 Book value per share {a ÷ c} $ 14.69 $ 14.38 $ 14.88 $ 15.69 $ 15.84 Tangible book value per share (non-GAAP) {b ÷ c} $ 13.09 $ 12.78 $ 13.29 $ 14.24 $ 14.38 Target common equity tier 1 ratio {d} 13.5 % 13.5 % 13.5 % 13.5 % 13.5 % Risk-weighted assets {e} $ 12,340,031 $ 12,257,589 $ 12,211,732 $ 12,403,247 $ 12,343,255 Target common equity tier 1 capital (non-GAAP) {f} = {d * e} $ 1,665,904 $ 1,654,775 $ 1,648,584 $ 1,674,438 $ 1,666,339 Actual common equity tier 1 capital {h} $ 3,013,943 $ 2,918,057 $ 3,004,815 $ 3,483,247 $ 3,535,782 Excess common equity tier 1 capital (non-GAAP) {i} = {h - f} $ 1,348,039 $ 1,263,282 $ 1,356,231 $ 1,808,809 $ 1,869,443 Excess tangible book value per share (non-GAAP) {i ÷ c} $ 6.11 $ 5.72 $ 6.15 $ 7.50 $ 7.80 Tangible book value per share (non-GAAP) {b ÷ c} $ 13.09 $ 12.78 $ 13.29 $ 14.24 $ 14.38 Less: Excess tangible book value per share (non-GAAP) {i ÷ c} $ 6.11 $ 5.72 $ 6.15 $ 7.50 $ 7.80 Core tangible book value per share (non-GAAP) $ 6.98 $ 7.05 $ 7.14 $ 6.73 $ 6.58
Reconciliation of Certain Non-GAAP Metrics 23 Core earnings per share and excess earnings per share Q1 FY26 (dollars in thousands, except share and per share data) Adjusted net income (non-GAAP) $ 111,088 Less: dividends on RSAs $ 72 Adjusted net income for EPS (non-GAAP) {a} $ 111,016 Weighted average fully diluted shares {b} 240,637 Adjusted earnings per share (non-GAAP) {a ÷ b} $ 0.46 Average excess common equity tier 1 capital 1 (non-GAAP) {c} $ 1,839,126 Assumed % pre-tax interest on excess balances2 {d} 3.65 % Annual pre-tax opportunity cost of excess capital (non-GAAP) {c * d} $ 67,128 Annual after-tax opportunity cost of excess capital3 (non-GAAP) {e} $ 51,125 ROTCE on Excess Capital (non-GAAP) {e ÷ c} 2.8% Quarterly after-tax opportunity cost of excess capital4 (non-GAAP) {f} $ 12,606 Excess earnings per share (non-GAAP) {f ÷ b} $ 0.05 Adjusted earnings per share {a ÷ b} $ 0.46 Less: Excess earnings per share {f ÷ b} $ 0.05 Core earnings per share (non-GAAP) $ 0.41 Annualized earnings per share $ 1.87 Annualized excess earnings per share $ 0.21 Annualized core earnings per share $ 1.66 1Simple average of current quarter and prior quarter. 2Daily average IORB rate for the quarter, source is stlouisfed.org 3Effective marginal tax rate of 23.84% used for all periods. 4Annual after-tax opportunity cost of excess capital divided by number of days in the year multiplied by days in the quarter.
Reconciliation of Certain Non-GAAP Metrics 24 Adjusted return on tangible common equity, core adjusted return on tangible common equity, and adjusted return on tangible common equity on excess capital Q1 FY26 (dollars in thousands, except share and per share data) Average excess common equity tier 1 capital 1 (non-GAAP) {a} $ 1,839,126 Assumed % pre-tax interest on excess balances2 {b} 3.65 % Annual pre-tax opportunity cost of excess capital (non-GAAP) {a * b} $ 67,128 Annual after-tax opportunity cost of excess capital3 (non-GAAP) {c} $ 51,125 ROTCE on Excess Capital (non-GAAP) {c ÷ a} 2.8% Adjusted net income (non-GAAP) $ 111,088 Add: Amortization of intangible assets, net of taxes ³ 612 Adjusted tangible net income (non-GAAP) {d} $ 111,700 Average common equity $ 3,829,585 Less: Average goodwill and other intangible assets 351,380 Average tangible common equity (non-GAAP) {e} $ 3,478,205 Adjusted return on average tangible common equity (non-GAAP) {d ÷ e} 13.0% Average tangible common equity (non-GAAP) $ 3,478,205 Less: Average excess common equity tier 1 capital (non-GAAP) 1,839,126 Average core tangible common equity (non-GAAP) {f} $ 1,639,079 Adjusted tangible net income (non-GAAP) $ 111,700 Less: Quarterly after-tax opportunity cost of excess capital4 (non-GAAP) 12,606 Core adjusted tangible net income (non-GAAP) {g} $ 99,094 Core adjusted return on tangible common equity (non-GAAP) {g ÷ f} 24.5% 1Simple average of current quarter and prior quarter. 2Daily average IORB rate for the quarter, source is stlouisfed.org 3Effective marginal tax rate of 23.84% used for all periods. 4Refer to Core earnings per share and excess earnings per share non-GAAP reconciliation on slide 23
FAQ
How did Central Bancompany (CBC) perform financially in Q1 2026?
Central Bancompany reported GAAP net income of $111.1 million, or $0.46 per diluted share, for Q1 2026. This compares to $94.8 million and $0.43 in the prior-year quarter, reflecting solid year-over-year growth in profitability and revenue.
What were Central Bancompany’s key revenue and margin metrics for Q1 2026?
Total revenue reached $273.7 million, with net interest income of $208.6 million and noninterest income of $65.1 million. The GAAP net interest margin was 4.32%, while the fully tax-equivalent net interest margin was 4.36%, up from 4.23% a year earlier.
How did Central Bancompany’s loans and deposits change in Q1 2026?
Average total loans held for investment were $11.5 billion, roughly flat year over year, with some mix shifts. Average total deposits increased to $15.5 billion, up 5.2% from the prior-year quarter, driven by higher noninterest-bearing and non-maturity interest-bearing balances.
What is the asset quality profile for Central Bancompany as of March 31, 2026?
Asset quality remained strong, with nonperforming loans of $52.1 million, equal to 0.45% of loans held for investment. Net charge-offs were $2.9 million for the quarter, or 0.10% annualized of average total loans, and delinquent loans were 0.39% of loans held for investment.
How well-capitalized is Central Bancompany after Q1 2026?
Central Bancompany reported a consolidated CET1 ratio of 28.6% and total risk-based capital ratio of 29.9%. Tangible common equity to tangible assets was 17.1%, and management cited about $1.9 billion of excess capital relative to its 13.5% long-term CET1 target.
What were Central Bancompany’s key profitability and efficiency ratios in Q1 2026?
Return on average assets was 2.20% and return on average common equity was 11.8% in Q1 2026. The reported efficiency ratio was 46.3%, and the fully tax-equivalent efficiency ratio was 45.7%, both improved from the prior-year quarter.