NASDAQ$CCNE

CNB Financial Corporation · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

CNB Financial Corporation's earnings increased due to a rise in net interest income and a reduction in non-interest expense, partially offset by a decrease in non-interest income.

CNB Financial Corporation reported a net income of $14.0 million, or $0.66 per diluted share, for the fourth quarter of 2024, compared to $12.9 million, or $0.61 per diluted share, for the previous quarter. The increase was driven by higher net interest income and lower non-interest expense, partially offset by lower non-interest income. Loans totaled $4.5 billion, excluding syndicated loans, representing a quarterly increase of $6.6 million. Total deposits were $5.4 billion, reflecting a quarterly increase of $154.4 million.

  • Net income available to common shareholders was $14.0 million, or $0.66 per diluted share.
  • Loans totaled $4.5 billion excluding the balances of syndicated loans, representing a quarterly increase of $6.6 million.
  • Total deposits were $5.4 billion, reflecting a quarterly increase of $154.4 million.
  • Pre-provision net revenue (PPNR) was $21.6 million.

Headline financials

Total Revenue

$49M

Previous: $47.7M+2.8%
EPS (adj)

$0.66

Previous: $0.62+6.5%
Efficiency Ratio

63.7%

Previous: 67.7%-5.9%
Net Interest Margin

3.4%

Previous: 3.5%-2.8%
Capital Expenditures

-$3.39M

Previous: $1.89M-279.3%
Net Income

$15.1M

Previous: $14M+7.8%
Operating Income

$18.6M

Previous: $17.1M+8.7%

Revenue & EPS history

CNB Financial · Revenue · Quarterly

$49M

Q4 2024+2.8%vs Q4 2023
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Forward guidance

CNB Financial Corporation did not provide specific forward guidance in the earnings report. The report mentions the pending acquisition of ESSA Bancorp, which is expected to close in the third quarter of 2025, but does not provide any financial projections or targets.

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 2024

Historical avgQ4 2024

-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

Earnings price reactions
QuarterReport dateReaction (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%

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