CNB: 4Q Earnings Snapshot
CNB: 4Q Earnings Snapshot
CLEARFIELD, Pa. (AP) _ CNB Financial Corp. (CCNE) on Monday reported fourth-quarter profit of $8.9 million.
The Clearfield, Pennsylvania-based bank said it had earnings of 59 cents per share.
The bank holding company posted revenue of $40.8 million in the period. Its revenue net of interest expense was $32.5 million, which did not meet Street forecasts.
For the year, the company reported profit of $33.7 million, or $2.21 per share. Revenue was reported as $125.6 million.
CNB shares have risen 8 percent since the beginning of the year. The stock has fallen 12 percent 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