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CNB: Q1 Earnings Snapshot
By AP News - Apr 14, 2025, 04:42 PM ET
Last Updated - Apr 14, 2025, 04:42 PM EDT
CLEARFIELD, Pa. (AP) — CLEARFIELD, Pa. (AP) — CNB Financial Corp. (CCNE) on Monday reported first-quarter net income of $11.5 million.
The Clearfield, Pennsylvania-based bank said it had earnings of 50 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 57 cents per share.
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The bank holding company posted revenue of $90.9 million in the period. Its revenue net of interest expense was $57.2 million, missing Street forecasts.
CNB shares have decreased 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.94, a rise of slightly more than 8% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCNE at https://www.zacks.com/ap/CCNE
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