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CNB: 4Q Earnings Snapshot

CLEARFIELD, Pa. (AP) _ CNB Financial Corp. (CCNE) on Wednesday reported fourth-quarter profit of $10.5 million.

The Clearfield, Pennsylvania-based bank said it had earnings of 69 cents per share.

The bank holding company posted revenue of $47.4 million in the period. Its revenue net of interest expense was $36.5 million, falling short of Street forecasts.

For the year, the company reported profit of $40.1 million, or $2.63 per share. Revenue was reported as $142.2 million.

CNB shares have decreased almost 5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $31.15, a climb of 27% in the last 12 months.


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