Commercial Bancgroup (CBK) investor relations material

Executive summary

• Q3 net income rose 14.8% YoY to $10.9M; 9M net income rose 13.2% to $30.6M, with 9M core net income of $31.1M after adjustments.

• Assets increased 6.6% to $2.4B and net loans grew 5.9% to $2.0B from year-end 2025, driven by organic growth in Nashville, Knoxville and Charlotte.

• Deposits grew 3.9% to $1.9B from year-end; nonperforming assets were 0.31% of assets and ACL was 0.96% of loans.

Financial highlights

• Q3 net interest income was $22.5M, up 11.2% YoY; 9M net interest income was $64.5M, up 8.2%.

• Q3 noninterest income rose 2.8% YoY to $2.7M; 9M operating revenue was $72.4M, up from $66.9M.

• Q3 noninterest expense increased 4.3% YoY to $11.0M; 9M expense was $33.0M, including a $603K loss on debt retirement.

• Q3 diluted EPS was $0.79 versus $0.77; 9M diluted core EPS was $2.27 versus $2.24.

Outlook and guidance

• Strategic priorities include growth in Tennessee and North Carolina, organic expansion, disciplined M&A, de novo branches, and funding asset growth through core deposits.

• Plans emphasize EPS and tangible book value growth, customer-experience technology, and a scalable model with local decisions and centralized risk support; no forward-looking guidance figures were stated.

• Available liquidity sources totaled $542.2M at September 30, 2026, alongside $197.7M in on-balance-sheet liquidity.