CNB: Q4 Earnings Snapshot

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CLEARFIELD, Pa. (AP) _ CNB Financial Corp. (CCNE) on Monday reported fourth-quarter net income of $14.6 million.

The Clearfield, Pennsylvania-based bank said it had earnings of 80 cents per share.

The bank holding company posted revenue of $55.3 million in the period. Its revenue net of interest expense was $51 million, beating Street forecasts.

For the year, the company reported profit of $57.7 million, or $3.16 per share. Revenue was reported as $193.2 million.

CNB shares have increased roughly 2% since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.99, an increase of 18% 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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