Brett Rabatin

- Commercial Bancgroup successfully completed its **public company offering on September 30, 2025**, marking its first earnings call as a public entity.  **[1981546_2210133_1]** 
- For Q3 2025, net income increased **3.3% to $9.5 million**, revenue rose **4.6% to $22.9 million**, and EPS grew **4% to $0.77** compared to Q3 2024.  **[1981546_2210133_2]**  Year-to-date through Q3 2025, net income was **$27.1 million** (up 4.9%), revenue was **$66.9 million** (up 1.9%), and EPS reached **$2.22** (up 6.2%).  **[1981546_2210133_1]** 
- The company anticipates **strong loan closing volume for Q4 2025**, expecting moderate loan growth for the full fiscal year despite earlier payoffs, and reported a net interest margin of **$4.05 for September**.  **[1981546_2210133_1]** **[1981546_2210133_3]** 
- Management sees a positive M&A environment and is actively looking for acquisition opportunities for banks in the **$500 million to $750 million** size range.  **[1981546_2210133_3]**

Commercial Bancgroup Reports Q3 2025 Results Following Successful IPO

- Commercial Bancgroup **successfully completed its public company offering on September 30, 2025**, marking its first earnings call as a public company.  **[1981546_2208114_1]** 
- For Q3 2025, the company reported **net income of $9.5 million**, a **3.3% increase** over Q3 2024, and **revenue of $22.9 million**, a **4.6% increase**.  **[1981546_2208114_2]**  Earnings per share for the quarter were **$0.77**, up **4%** year-over-year, and tangible book value per share increased **14.5% to $19.05**.  **[1981546_2208114_2]** 
- Year-to-date for the first nine months of 2025, net income was **$27.1 million**, a **4.9% increase**, and revenue was **$66.9 million**, a **1.9% increase**.  **[1981546_2208114_1]**  The efficiency ratio held strong at **47.6%** for the first nine months.  **[1981546_2208114_1]** 
- The company anticipates **strong loan closing volume for Q4 2025**, which is expected to offset payoffs and provide moderate growth for the full fiscal year.  **[1981546_2208114_1]**  The net interest margin for September was **$4.05**, with expectations to remain strong.  **[1981546_2208114_3]** 
- Management is actively pursuing **M&A opportunities**, particularly for banks in the **$500 million to $750 million range**, and sees a positive M&A climate.  **[1981546_2208114_4]**

Commercial Bancgroup Reports Q3 2025 Earnings and IPO Completion

- Commercial Bancgroup **successfully completed its public company offering** on **September 30, 2025**, marking its first earnings call as a public company.  **[1981546_2210168_1]** 
- For Q3 2025, the company reported **net income of $9.5 million**, a **3.3% increase** year-over-year, and **earnings per share of $0.77**, a **4% increase** over the prior year.  **[1981546_2210168_2]** 
- For the first nine months of 2025, net income was **$27.1 million**, a **4.9% increase**, with **earnings per share of $2.22**, a **6.2% increase**.  **[1981546_2210168_1]** 
- The company anticipates **strong loan closing volume for Q4 2025**, expecting to achieve **moderate loan growth for the entire fiscal year 2025**.  **[1981546_2210168_1]** **[1981546_2210168_2]**  The net interest margin for September was **$4.05**, and management is actively pursuing **M&A opportunities** for banks in the **$500 million-$750 million** range.  **[1981546_2210168_3]**

Commercial Bancgroup Completes IPO and Reports Q3 2025 Earnings

- Commercial Bancgroup, Inc. reported **net income less non-controlling interest of $9.5 million**, or **$0.77 per diluted common share**, for the third quarter of 2025, an increase from $9.2 million, or $0.74 per diluted common share, for the same period in 2024.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** 
- **Total operating revenue increased to $22.9 million** for the three months ended September 30, 2025, compared to $21.9 million for the three months ended September 30, 2024.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** 
- The company's **common stock began trading on The Nasdaq Stock Market LLC on October 2, 2025**, under the ticker symbol "CBK", following its initial public offering (IPO) priced at **$24.00 per share** on October 1, 2025.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]**  The company received **net proceeds of approximately $30.6 million** from the IPO, which will be used to repay indebtedness and redeem outstanding subordinated debentures.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** 
- **Tangible book value per share was $19.05** as of September 30, 2025, an increase from $16.64 per share as of September 30, 2024.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:0]** 
- As of September 30, 2025, **total assets decreased by 3.8% to $2.2 billion**, and **total deposits decreased by 8.1% to $1.8 billion** from December 31, 2024.  **[1981546_0001213900-25-102802_ea026271701ex99-1_commercial.htm:1]**

Commercial Bancgroup, Inc. Announces Third Quarter 2025 Results and IPO Details

- Commercial Bancgroup, Inc. (CBK) announced the closing of its **Initial Public Offering (IPO)** on **October 3, 2025**.  **[1981546_0001213900-25-096104_ea026022301ex99-1_commercial.htm:0]** **[1981546_0001213900-25-096104_ea0260223-8k_commercial.htm:1]** 
- The IPO comprised **7,173,092 shares** of common stock at a public offering price of **$24.00 per share**, raising over **$172 million** in total.  **[1981546_0001213900-25-096104_ea026022301ex99-1_commercial.htm:0]** **[1981546_0001213900-25-096104_ea0260223-8k_commercial.htm:1]** 
- Commercial Bancgroup, Inc. sold **1,458,334 shares**, receiving approximately **$30.6 million** in net proceeds, which it intends to use for **debt repayment** and general corporate purposes.  **[1981546_0001213900-25-096104_ea026022301ex99-1_commercial.htm:0]** 
- The company's common stock began trading on the **Nasdaq Capital Market** under the ticker symbol **"CBK"** on **October 2, 2025**.  **[1981546_0001213900-25-096104_ea026022301ex99-1_commercial.htm:0]**

Commercial Bancgroup (CBK)