CBC Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 28, 2026 astatine 10:10 AM CDT 15 min read

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DATE

Tuesday, April 28, 2026, astatine 10 a.m. ET

CALL PARTICIPANTS

• Chairman and Chief Executive Officer — John Ross

• Chief Financial Officer — James Ciroli

• Chief Customer Officer — Daniel Westhues

• Chief Credit Officer — Eric Hallgren

Full Conference Call Transcript

John Ross: Thank you, operator. Good morning, and convey you for joining america for Central Bancompany, Inc. Class A Common Stock’s archetypal 4th 2026 net call. With maine successful the country contiguous are our main fiscal officer, James Ciroli; main lawsuit officer, Daniel Westhues; and main recognition officer, Eric Hallgren. As a reminder, I would similar to constituent retired that the treatment contiguous is taxable to the aforesaid forward-looking considerations outlined connected leafage 3 of our property release. Today, we program to concisely sermon archetypal 4th highlights earlier opening the enactment for questions. Before I crook to the numbers, delight let maine to stock immoderate non-financial highlights.

In the archetypal quarter, we were humbled to again beryllium named 1 of Best Banks by Forbes, arsenic good arsenic the best-performing U.S. nationalist slope with much than $10 cardinal successful assets by S&P Global Market Intelligence. Recognition from specified organizations is simply a testament to the efforts of our astir 3,000 full-time employees, whom I would similar to convey for their continued legendary service. With that, fto america screen the fiscal results. For the quarter, Central Bancompany, Inc. Class A Common Stock posted nett income of $111.1 million, oregon $0.46 per afloat diluted share. Return connected mean assets was 2.2%, NIM connected an FTE ground was 4.36%, and the ratio ratio connected an FTE ground was 45.7%.

Relative to 2025, nett income accrued $16.3 million, oregon 17%. Our plus prime remained accordant with 10 ground points of nett charge-offs again this quarter, and the allowance covered 130 ground points of full loans. We stay encouraged by the continued resumption of maturation successful our equilibrium sheet, with ending loans excluding different user up astir 6% annualized 4th implicit quarter, and mean deposits up 5% twelvemonth implicit year. Lastly, superior levels astatine the holding institution stay good supra target, with astir $1.9 cardinal of excess, oregon $7.80 per share.

We leaned into superior deployment this 4th by announcing a meaningful summation to our quarterly dividend and repurchasing $32 cardinal worthy of our shares, taking vantage of charismatic prices and expanded liquidity. We are pleased with these results and admit those connected the enactment for joining america for this call. We volition present unfastened the telephone for questions. Operator?