CNB Financial Corporation (CCNE)

CNB Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	294.41	293.54	273.22	196.04	166.54	152.69
Interest Income on Investments	35.53	31.93	20.47	17.7	13.06	14.48
Total Interest Income	329.94	325.47	293.7	213.74	179.6	167.17
Interest Paid on Deposits	134.76	133.49	97.77	19.83	15.06	24.14
Interest Paid on Borrowings	4.51	4.51	6.1	4.25	4.76	8.31
Total Interest Expense	139.27	138	103.87	24.08	19.82	32.46
Net Interest Income	190.68	187.47	189.83	189.66	159.78	134.71
Net Interest Income Growth (YoY)	1.74%	-1.24%	0.09%	18.70%	18.61%	15.93%
Trust Income	7.84	7.85	7.25	7.17	6.74	5.5
Mortgage Banking Activities	0.57	0.67	0.68	1.24	3.15	3.35
Gain (Loss) on Sale of Assets	-0.05	-0.05	-0.03	0.17	-0.23	-1.1
Gain (Loss) on Sale of Investments	0.39	0.83	-0.34	-0.5	1.57	2.52
Other Non-Interest Income	22.91	22.83	18.4	19.48	16.01	12.69
Total Non-Interest Income	38.67	39.11	33.34	34.77	33.43	28.06
Non-Interest Income Growth (YoY)	12.90%	17.34%	-4.12%	3.98%	19.16%	8.02%
Revenues Before Loan Losses	229.34	226.58	223.16	224.43	193.21	162.77
Provision for Loan Losses	9.46	9.22	5.99	8.59	6	15.35
Revenue	219.89	217.36	217.17	215.84	187.21	147.42
Revenue Growth (YoY)	1.97%	0.09%	0.62%	15.29%	27.00%	8.28%
Salaries and Employee Benefits	74.09	72.31	69.32	70.13	59.69	47.31
Occupancy Expenses	12.06	11.66	11.55	11.05	10.6	10.55
Federal Deposit Insurance	3.71	3.72	3.88	2.8	2.51	2.41
Selling, General & Administrative	33.68	33.87	32.45	27.68	20.59	15.33
Other Non-Interest Expense	28.55	28.44	28.14	25.97	23.05	19.08
Total Non-Interest Expense	152.09	150	145.34	137.62	116.43	94.68
EBT Excluding Unusual Items	67.8	67.36	71.83	78.21	70.78	52.73
Pretax Income	66.27	67.36	71.83	78.21	70.78	40.09
Income Tax Expense	12.81	12.78	13.81	15.03	13.07	7.35
Net Income	53.46	54.58	58.02	63.19	57.71	32.74
Preferred Dividends & Other Adjustments	4.69	4.69	4.59	4.53	4.49	1.25
Net Income to Common	48.77	49.89	53.44	58.66	53.22	31.5
Net Income Growth	-1.25%	-5.94%	-8.18%	9.50%	76.24%	-18.31%
Basic Shares Outstanding	21	21	21	18	17	16
Diluted Shares Outstanding	21	21	21	18	17	16
Shares Change (YoY)	0.06%	-0.21%	16.23%	7.13%	5.13%	5.51%
EPS (Basic)	2.34	2.39	2.56	3.26	3.16	1.97
EPS (Diluted)	2.34	2.39	2.55	3.26	3.16	1.97
EPS Growth	-1.27%	-6.28%	-21.78%	3.16%	60.53%	-25.15%
Dividend Per Share	0.715	0.710	0.700	0.700	0.685	0.680
Dividend Growth	2.14%	1.43%	-	2.19%	0.73%	-
Effective Tax Rate	19.34%	18.98%	19.23%	19.21%	18.47%	18.33%

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q