Embassy Bancorp (OTCQX: EMYB) boosts buyback plan and grows dividend
Rhea-AI Filing Summary
Embassy Bancorp, Inc. furnished a stockholder presentation at its Annual Meeting of Shareholders, outlining recent performance, capital actions, and strategic positioning for Embassy Bank for the Lehigh Valley.
The company reported a 31% year-over-year increase in net income, strong core deposit growth with no brokered deposits, and an expanded net interest margin alongside declining funding costs. Total assets were $1.842 billion as of March 31, 2026, with a focused footprint in Pennsylvania’s Lehigh Valley. Asset quality remains strong, with noncurrent loans to total loans at 0.04% for 2025 and first quarter 2026, well below peer and national benchmarks.
The presentation highlighted a $5 million stock repurchase plan approved in October 2025, under which 258,301 shares had been repurchased for $4.86 million by March 31, 2026, and a subsequent June 2026 authorization for up to an additional $5 million in repurchases. It also noted a rising annual dividend, with the 2026 dividend set at $0.55 per share and a 14% cash dividend increase from 2024 to 2025, alongside a one-year stock price return that outperformed multiple bank and broad market indices.
Positive
- Expanded share repurchase authorization: After repurchasing 258,301 shares for $4.86 million under an initial $5 million plan, the company’s board authorized up to an additional $5 million of share repurchases in June 2026, signaling a continued commitment to returning capital to shareholders.
- Rising dividend with recent increase: The annual dividend was set at $0.55 per share for 2026, following a 14% cash dividend increase from 2024 to 2025, highlighting consistent cash distributions alongside earnings growth.
- Profitability and credit quality above benchmarks: Return on average assets of 1.22% and return on average equity of 12.28% for 2025, together with noncurrent loans to total loans of 0.04%, compare favorably to both Pennsylvania peer and national banking benchmarks.
Negative
- None.
Insights
Embassy pairs strong profitability with sizable capital returns via buybacks and dividends.
Embassy Bancorp shows solid fundamentals: noncurrent loans to total loans at 0.04%, returns on average assets of 1.22% and equity of 12.28% for 2025, all better than peer and national medians. Net interest margin expanded while cost of funds stayed below benchmarks.
On capital deployment, the board approved a $5 million stock repurchase plan in October 2025, with $4.86 million used to buy 258,301 shares by March 31, 2026, and then authorized up to an additional $5 million in repurchases in June 2026. The annual dividend increased to $0.55 per share for 2026 after a 14% cash dividend increase from 2024 to 2025.
The combination of above-median profitability, strong asset quality, and expanded capital return—through both repurchases and a higher dividend—suggests a shareholder-friendly stance. Future company filings may provide more detail on ongoing buyback execution and whether performance metrics stay ahead of peer and national benchmarks.
8-K Event Classification
Key Figures
Key Terms
net interest margin financial
efficiency ratio financial
available for sale financial
stock repurchase plan financial
return on average assets financial
non-GAAP financial metrics financial
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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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:
Securities registered pursuant to Section 12(b) of the Act: None.
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240. 12b-2 of this chapter).
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 7.01.Regulation FD Disclosure.
On June 17, 2026, Embassy Bancorp, Inc. (the “Company”), the holding company of Embassy Bank for the Lehigh Valley, in connection with its Annual Meeting of Shareholders, will be presenting financial and other information in the form of a stockholder presentation.
A copy of the stockholder presentation is attached as Exhibit 99.1 to this Current Report on Form 8-K and is being furnished to the Securities and Exchange Commission and shall not be deemed filed for any purpose.
Item 9.01.Financial Statements and Exhibits.
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| Description |
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| Stockholder Presentation June 17, 2026. |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: June 17, 2026 |
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| By: | /s/ Jeffrey C. Skumin | |||||
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| Name: | Jeffrey C. Skumin | ||||
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| Title: | Executive Vice President, | ||||
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Annual Meeting of Shareholders
June 17, 2026
Welcome and Introductions
-LynneNeel
2
Caution on Forward Looking Statements
This presentation may contain forward-looking statements, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Embassy Bancorp, Inc. (the “Company”) operations and policies and regarding general economic conditions.
These forward-looking statements are intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. These statements are based upon current and anticipated economic conditions, nationally and in the Company’s market, interest rates and interest rate policy, competitive factors, and other conditions that, by their nature, are not susceptible to accurate forecast, and are subject to significant uncertainty.
Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy.
No assurance can be given that the future results covered by forward-looking statements will be achieved. Such statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could impact the Company’s operating results include, but are not limited to, those factors described in the “Caution About Forward-Looking Statements” section of the Company’s Form 10-K for the year ended December 31, 2025 and subsequent filings with the SEC.
Certain information contained in this presentation and statements made orally during this presentation relate to or are based on publications and other data obtained from third-party sources. While the Company believes these third-party sources to be reliable as of the date of this presentation, the Company has not independently verified, and makes no representation as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources.
Figures as of and for the twelve months ended December 31, 2021 to 2025 are based on audited financials. First quarter 2026 figures in this presentation are unaudited.
This presentation contains supplemental financial information which has been derived by methods other than GAAP. These non-GAAP financial measures may not be comparable to similarly named measures used by other companies and should not be considered a substitute for GAAP measures.
3
Board
of Directors
David M. Lobach, Jr.
Chairman
Frank "Chip" Banko IIIGeoffrey F. BoyerJohn G. Englesson
Bernard M. LesavoyJohn C. PittmanPatti Gates SmithJohn T. Yurconic
4
Leadership Team
David M. Lobach, Jr.Judith A. HunsickerDiane M. CunninghamLynne M. NeelJeffrey C. Skumin
Mark A. CascianoMichael B. MacyBrandi L. StefanovJennifer A. Tropeano
5
Business of the Meeting
Dave LobachJudy Hunsicker
6
Business of the Meeting7 Determination of a quorum
Business of the Meeting
ThePollsare NowOpen
8
To elect two Class 1 Directors of the Company for a term of 3 years:
Frank “Chip” Banko III Geoffrey F. Boyer
9
Business of the meeting proposal #2 To ratify the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.
10
Business of the Meeting
ThePollsare NowClosed
11
Here for
Positively different.
-LynneNeel
Corporate Overview
Ticker
EMYB
Exchange
OTC Markets (OTCQX)
Market Capitalization
$151.11M
Insider Ownership
31%
Total Assets
$1,842M
Headquarters
Bethlehem, PA
# of Branches
10
Year Established
2001
Strategic Footprint
Lehigh Valley, PA
13As of March 31, 2026
Here for good Financial Highlights
31% year-over-year increase in net income
Strong core deposit growth with no brokered deposits
Expanded net interest margin and declining cost of funds
Industry-leading efficiency and productivity
2024-2025 Cash Dividend
increase of 14%
14
Here for good
Recognition
Morning Call Readers’ Choice Best Bank
11 Consecutive Years
Bauer Financial, Inc.
5-Star Rating
Who’s Who in Business Lehigh Valley
5 Consecutive Years
15
Here for good
Community Engagement
$1.2M$16.5M192
donated to local charities and organizations in 2025
of support to Lehigh Valley agencies since 2001
organizations served
in 2025
16
Expanding Relationships: Lending & Deposit Growth
-DianeCunningham
17
Lending Portfolio Highlights
Loans*
($ millions)
$1,108
$1,208
$1,254
$1,268
$1,290
$1,295
202120222023202420251Q2026
18*PPP loans not included
Continued Loan Yield Expansion
3.35% 3.30%
3.92%
3.60%
4.20% 4.32%
4.14% 4.14% 4.43%
5.10% 5.26%
4.81%
3.69% 3.65%
4.32%
3.96%
4.58% 4.71%
Consumer
Commercial*
Total*
19*PPP loans not included
Diversified Loan Mix
1Q2026 Loan Composition
1Q2026 Commercial Real Estate (CRE)*
1Q2026 CRE
Composition
Commercial 47%
Consumer & Mortgage 53%
Non-CRE
Loans 68%
CRE
Loans 32%
Non-Farm/Non
-Res Non-Owner Occupied 40%
Other 1%
Construction & Land Dev. 7%
Multifamily Res. 30%
20*As a percent of total loans
Best-in-Class Asset Quality Non-CurrentLoansto TotalLoans Peer Comparison
Nat'l Benchmark
0.80%PA
Peers 0.59%
Nat'l Benchmark 0.82%
PA
Peers 0.78%
Embassy 0.04%
Embassy 0.04%
2025
1Q2026
Zero Bank-Owned Properties
Figures based on Median Values, banks with assets of $100M to $5B.
21Source: S&P Global Market Intelligence/Arcsalus Advisors.
Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
Cost-Efficient Deposit Growth
DepositGrowth& Costof FundsCostofFunds Peer Comparison
1.86%
$1,640
$1,682
2.04%
1.90%
$1,553
1.69%
202420251Q2026
Deposits ($millions)Cost of Funds
Embassy BankNat'l BenchmarkPA Peers
1Q2026
Figures based on Median Values, banks with assets of $100M to $5B.
22Source: S&P Global Market Intelligence/Arcsalus Advisors.
Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
Average Deposits per Branch
EmbassyBank
($000’s)
$161,442$168,234
June 2025March 2026
2025 Peer Comparison*
($000’s, as of June 2025)
$161,442
$119,790
Embassy BankPeers
23*Source: FDIC Summary of Deposits Statistics Lehigh and Northampton Counties and internal records.
Deposit Growth by Design
Year-End 2025
New AccountActivity
(9,996 Accounts)
Composition
(% of Total)
1,490
Savings
3,584
Checking
27%
Savings
39%
Checking
4,922
CD
34% CD
24
4th in Deposit Market Share
Lehigh and Northampton Counties as of June 30, 2025
Rank
Institution Name
Total Active Branches
Total Deposits ($000)
Deposit Market Share (%)
YoY Change in Branches
YoY Deposit Growth (%)
1
Wells Fargo Bank NA
21
3,468,493
19.43
(1)
-2%
2
Truist Bank
17
2,006,068
11.24
0
-11%
3
Fulton Bank NA
13
1,634,960
9.16
0
-1%
4
Embassy Bank for the Lehigh Valley
10
1,614,424
9.05
0
3%
5
PNC Bank NA
11
1,451,201
8.13
0
5%
6
Bank of America NA
7
1,180,017
6. 61
0
-2%
7
TD Bank NA
5
901,136
5.05
(2)
-3%
8
American Bank
1
822,091
4.61
0
12%
9
Santander Bank NA
7
679,304
3.81
0
-3%
10
New Tripoli Bank
3
563,908
3.16
0
0%
25Source: FDIC Summary of Deposits Annual Survey
Optimizing Efficiency and Liquidity for Growth
Jeffrey Skumin
26
2025 Performance Benchmark Data 27
Embassy Bank
PA Peer Group
Nat'l Benchmark
Embassy Outperforms
Net Interest Margin (FTE) (%)(1)
2.47
3.46
3.71
Cost of Funds (%)
1.80
1.93
2.03
Net Overhead (%)(2)
1.39
1.84
2.01
Efficiency Ratio (%)(1)
61.04
65.25
62.91
Assets per Employee ($000)
15,798
7,975
10,004
Nonperforming Assets to Total Assets (%)
0.07
0.49
0.37
Noncurrent Loans to Total Loans (%)
0.04
0.59
0.44
Return on Average Assets (%)
0.79
0.97
1.03
Return on Average Equity (%)
12.28
10.65
10.50
Figures based on Median Values, banks with assets of $100M to $5B. Source: S&P Global Market Intelligence/Arcsalus Advisors. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
(1) Non- GAAP financial metrics. The Company believes the use of tax equivalent basis in determining net interest margin provides meaningful information to the reader when comparing taxable on non-taxable assets. The efficiency ratio equals non-interest expense divided by operating revenue.
(2) Net overhead ratio equals the net of non-interest expense less non-interest income, divided by average total assets.
2025 Industry-Leading Efficiency
Net OverheadRatio(1)
2.01%1.84%
61.04%
Efficiency Ratio(2)
65.25%
62.91%
SalaryandBenefitsExpense toAverageAssets
1.46%
1.34%
0.84%
1.39%
Embassy Bank
National Benchmark
PA Peer Group
Embassy Bank
National Benchmark
PA Peer Group
Embassy Bank
National Benchmark
PA Peer Group
Figures based on Median Values, banks with assets of $100M to $5B. Source: S&P Global Market Intelligence/ Arcsalus Advisors.
28Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
(1) Net overhead ratio equals the net of non-interest expense less non-interest income, divided by average assets.
(2) Non-GAAP financial metric. Efficiency ratio equals non-interest expense divided by operating revenue.
2025 Productivity Leader
(Per Employee)
Assets
Loans
Deposits
Revenue
($000’s)($000’s)($000’s)($000’s)
$15,798
$11,327
$14,395
$152.79
$10,004
$7,975
$7,095
$5,061
$8,286
$6,586
$91.34$90.40
Embassy Bank
National Benchmark
PA Peer Group
Embassy Bank
National Benchmark
PA Peer Group
Embassy Bank
National Benchmark
PA Peer Group
Embassy Bank
National Benchmark
PA Peer Group
Figures based on Median Values, banks with assets of $100M to $5B.
29Source: S&P Global Market Intelligence/ Arcsalus Advisors.
Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
Stable Funding & Liquidity Strength
(As of 12/31/2025)
$1B$313M$729M
Total Liquidity
Cash, Cash Equivalents & Unpledged Securities
No Brokered Deposits
Available Borrowing Facilities
30
SecuritiesAvailable for Sale
PortfolioEffective Duration(in Years)
2.23%
2.58%2.68%
7.10
5.605.555.50
202420251Q2026
Available for SaleYield
2023202420251Q2026
Embassy Bancorp classifies its entire securities portfolio as available for sale.
311Q26 securities yield is annualized.
Figures presented based on internal documents.
Delivering Earnings Performance
-JudithHunsicker
32
Expanding Net Interest Margin
InterestIncome&
InterestExpense
($000’s)
NetInterestIncome
($000’s)
NetInterestMargin
(Annualized)
2.59%
$57,157
$71,462
$64,971
$39,039
$36,184
$42,424
2.43%
2.21%
2.47%
$18,118
$28,787
$29,038
202320242025
Interest IncomeInterest Expense
202320242025
2023202420251Q26
33
Driving Net Income Growth
($000’s)
Annual TrendQuarterly Trend
20242025
1Q20251Q2026
34
Creating Shareholder Value
-DaveLobach
35
EMYB Stock Price Performance
5/15/2025 – 5/15/2026
$20.30
$19.50
$18.20
$17.35
$16.17
$14.95
36Source: S&P Capital IQ Pro as of May 15, 2026
One-Year Price Return 5/15/2025 – 5/15/2026
37.22%35.79%
33.35%
25.21%24.40%
19.11%
17.02%
13.28%12.80%
9.89%
NASDAQ
EMYB
Russell
S&P 500
Russell
S&P Banks
Dow Jones
S&P US
S&PUS
NASDAQ
2000
3000
Mid-Atlantic
Industrial
MidCap
SmallCap
Bank
Average
Banks
Banks
37Source: S&P Capital IQ Pro as of May 15, 2026
One-Year Price Return – Bank Indices 5/15/2025 – 5/15/2026
35.79%
19.11%
13.28%12.80%
9.89%
EMYBS&P Banks Mid-AtlanticS&P US MidCap BanksS&PUS SmallCap BanksNASDAQ Bank
38Source: S&P Capital IQ Pro as of May 15, 2026
Book Value per Share
9.18%
Compounded Annual Growth Rate (2002-2025)
654.46%
Overall Growth Rate (2002-2025)
39
Stock Repurchase Plan
October 2025: Board approved
$5 million stock repurchase plan.
March 31, 2026: 258,301
shares repurchased. Total proceeds of $4.86 million.
June 2026: Company announced expansion of the Repurchase Plan, authorizing up to an additional $5 million in share repurchases.
40
Return on Average Assets
20251Q2026
(Annualized)
1.22%
0.79%
0.97%1.03%
0.84%
1.02%
Embassy BankPA Peer GroupNational
Benchmark
Embassy Bank PA Peer GroupNational
Benchmark
Figures based on Median Values, banks with assets of $100M to $5B.
41Source: S&P Global Market Intelligence/Velligan-Blaxall Consultants, LLC. Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
Return on Average Shareholder Equity
20251Q2026
(Annualized)
12.28%
10.65%10.50%
12.35%11.59%
10.76%
Embassy BankPA Peer GroupNational
Benchmark
Embassy Bank PA Peer GroupNational
Benchmark
Figures based on Median Values, banks with assets of $100M to $5B.
42Source: S&P Global Market Intelligence/ Arcsalus Advisors.
Benchmark: Stock banks across the U.S. Peer Group: Banks headquartered in PA.
Annual Dividend Announcement
$0.55
$0.20$0.22
$0.30
$0.35
$0.40
$0.42
$0.48
20192020202120222023202420252026
43Shareholders of record as of 06/26/2026
Payable 07/14/2026
Thank you 44
Closing Items
Questions & Answers
Results of Voting
Conclusionof Meeting
45