NASDAQ$CCNE
CNB Financial Corporation · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
CNB Financial Corporation's earnings were affected by the adoption of CECL methodology and a prepayment of borrowings from FHLB.
CNB Financial Corporation reported a net income of $7.9 million, or $0.40 per diluted common share, for the fourth quarter of 2020. The results include the adoption of the Current Expected Credit Loss (CECL) methodology and a prepayment of $160 million in borrowings from the Federal Home Loan Bank of Pittsburgh (FHLB). Excluding the after-tax FHLB prepayment penalty, net income was $13.8 million, or $0.75 per diluted common share.
- Net income was $7.9 million, or $0.40 per diluted common share.
- Pre-tax pre-provision income was $13.1 million.
- Excluding the after-tax FHLB prepayment penalty, net income was $13.8 million, or $0.75 per diluted common share.
- Loans totaled $3.4 billion, an increase of 20.2% from December 31, 2019.
Headline financials
Revenue & EPS history
CNB Financial · Revenue · Quarterly
$40.1M
Forward guidance
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, with respect to CNB’s financial condition, liquidity, results of operations, future performance and business.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
-0.1%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+3.6%
Avg return
30 days after
45%
30 / 66 earnings
Positive
+9.7%
Q2 2020
Best reaction
-10.5%
Q2 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -2.6% | -0.6% | |
| Q4 2025 | -0.8% | +4.5% | +3.5% | |
| Q3 2025 | -0.7% | +0.3% | +6.0% | |
| Q2 2025 | -0.5% | -0.8% | +2.4% | |
| Q1 2025 | +0.1% | +0.4% | -0.7% | |
| Q4 2024 | +0.9% | -1.5% | -1.8% | |
| Q3 2024 | +2.5% | +1.9% | +11.0% | |
| Q2 2024 | +0.3% | +8.1% | -3.3% | |
| Q1 2024 | -4.6% | -3.1% | +4.7% | |
| Q4 2023 | +2.4% | +3.7% | -8.0% | |
| Q3 2023 | +1.4% | +1.9% | +18.3% | |
| Q2 2023 | -0.5% | -0.7% | -3.6% | |
| Q1 2023 | -1.8% | -0.4% | -1.9% | |
| Q4 2022 | -0.8% | -1.5% | +2.9% | |
| Q3 2022 | -1.1% | -4.5% | +2.2% | |
| Q2 2022 | +4.1% | +3.2% | +17.6% | |
| Q1 2022 | +5.2% | +4.9% | -2.7% | |
| Q4 2021 | +2.4% | +1.1% | +0.1% | |
| Q3 2021 | +5.1% | +5.8% | +14.9% | |
| Q2 2021 | +2.0% | +2.6% | +11.2% | |
| Q1 2021 | -3.5% | +2.5% | +0.2% | |
| Q4 2020 | -8.0% | -6.4% | +7.2% | |
| Q3 2020 | +6.3% | +21.9% | +22.8% | |
| Q2 2020 | +9.7% | +8.9% | +6.2% | |
| Q1 2020 | -4.1% | -2.3% | -2.7% | |
| Q4 2019 | -0.6% | -4.4% | -8.2% | |
| Q3 2019 | +0.8% | +11.9% | +10.8% | |
| Q2 2019 | -0.3% | +5.3% | +1.8% | |
| Q1 2019 | -1.4% | +0.1% | -0.5% | |
| Q4 2018 | +2.8% | +2.9% | +13.3% | |
| Q3 2018 | -1.9% | -8.6% | -5.3% | |
| Q2 2018 | +0.7% | +2.7% | +2.2% | |
| Q1 2018 | -0.1% | +0.1% | +3.0% | |
| Q4 2017 | -4.5% | -1.4% | +3.0% | |
| Q3 2017 | +1.1% | +2.3% | +0.4% | |
| Q2 2017 | +3.5% | +5.4% | -2.7% | |
| Q1 2017 | +6.8% | +9.2% | -3.2% | |
| Q4 2016 | -5.2% | -6.8% | -2.9% | |
| Q3 2016 | -0.1% | +2.2% | +21.1% | |
| Q2 2016 | -1.1% | -1.1% | +4.4% | |
| Q1 2016 | +0.1% | — | — | |
| Q4 2015 | -1.4% | — | — | |
| Q3 2015 | +0.0% | — | — | |
| Q2 2015 | -1.9% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | -1.7% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +1.0% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | +7.2% | — | — | |
| Q2 2013 | +1.1% | — | — | |
| Q1 2013 | -3.8% | — | — | |
| Q4 2011 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — | |
| Q4 2010 | +0.2% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | -0.3% | — | — | |
| Q2 2012 | -1.8% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q1 2012 | +3.7% | — | — | |
| Q3 2010 | -3.7% | — | — | |
| Q3 2011 | -3.7% | — | — | |
| Q2 2011 | -10.5% | — | — | |
| Q2 2010 | -10.5% | — | — | |
| Q1 2010 | +3.5% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro