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CNB: 4Q Earnings Snapshot

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CLEARFIELD, Pa. (AP) _ CNB Financial Corp. (CCNE) on Tuesday reported fourth-quarter net income of $7.9 million.

The Clearfield, Pennsylvania-based bank said it had earnings of 40 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 75 cents per share.

The bank holding company posted revenue of $54.6 million in the period. Its revenue net of interest expense was $48.1 million, surpassing Street forecasts.

For the year, the company reported profit of $32.7 million, or $1.97 per share. Revenue was reported as $162.8 million.

CNB shares have risen slightly more than 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $22.02, a fall of 27% 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