CNB Financial Q4 2023 Earnings Report

CNB Financial EPS Results

• Actual EPS: $0.62
• Consensus EPS: $0.54
• Beat/Miss: Beat by +$0.08
• One Year Ago EPS: N/A

CNB Financial Revenue Results

• Actual Revenue: $56.83 million
• Expected Revenue: $55.10 million
• Beat/Miss: Beat by +$1.73 million
• YoY Revenue Growth: N/A

CNB Financial Announcement Details

• Quarter: Q4 2023
• Date: 1/23/2024
• Time: N/A

CNB Financial (NASDAQ:CCNE) operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides private banking; and wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and offers small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment, as well as engages in consumer discount loan and finance business. The company was founded in 1865 and is headquartered in Clearfield, Pennsylvania.