JUVF · Juniata Valley Financial Corp.

Juniata Valley Financial Corp. delivered a strong first quarter 2026, with net income rising 39.3% to $2.8 million, primarily driven by disciplined pricing and loan growth. The net interest margin expanded significantly by 56 basis points to 3.39%, contributing to a 25.5% increase in net interest income to $7.3 million. This margin expansion was fueled by a 44 basis point increase in the yield on earning assets and a 15 basis point decrease in the cost of funds. Average loans grew 12.2% year-over-year, with the securities portfolio utilized to fund this growth. Credit quality remains a highlight, with nonperforming and delinquent loans comprising only 0.1% of the total portfolio. Non-interest income grew 7.1%, led by equity securities valuation changes and loan-related fees, while non-interest expense increased 11.2% due to higher compensation and benefits. The company maintains strong liquidity with substantial borrowing capacity. Management indicated a focus on accelerating loan growth in the State College and Harrisburg regions and opening a new Belleville office in Q3 2026. The Board declared a cash dividend of $0.22 per share, payable June 1, 2026.