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CNB: Q4 Earnings Snapshot

CLEARFIELD, Pa. (AP) — CLEARFIELD, Pa. (AP) — CNB Financial Corp. (CCNE) on Tuesday reported net income of $33.6 million in its fourth quarter.

The Clearfield, Pennsylvania-based bank said it had earnings of $1.10 per share. Earnings, adjusted for non-recurring gains, were 88 cents per share.

The bank holding company posted revenue of $127.6 million in the period. Its revenue net of interest expense was $87.2 million, which beat Street forecasts.

For the year, the company reported profit of $66.1 million, or $2.49 per share. Revenue was reported as $284.9 million.

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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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updated by pwenzel 3:13pm
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