See more : Heartland Express, Inc. (HTLD) Income Statement Analysis – Financial Results
Complete financial analysis of CNB Financial Corporation (CCNE) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of CNB Financial Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- FON SE (FON.WA) Income Statement Analysis – Financial Results
- Guangxi Hechi Chemical Co., Ltd (000953.SZ) Income Statement Analysis – Financial Results
- Terrain Minerals Limited (TMX.AX) Income Statement Analysis – Financial Results
- GENinCode plc (GENI.L) Income Statement Analysis – Financial Results
- BlockQuarry Corp. (BLQC) Income Statement Analysis – Financial Results
CNB Financial Corporation (CCNE)
About CNB Financial Corporation
CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides wealth and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment. As of February 8, 2022, the company operated a private banking division; three loan production office; one drive-up office; and 45 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Financial Corporation was founded in 1865 and is headquartered in Clearfield, Pennsylvania.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 217.17M | 219.62M | 189.38M | 159.64M | 139.28M | 122.81M | 110.29M | 97.09M | 89.51M | 88.92M | 72.97M | 65.77M | 58.64M | 53.85M | 47.55M | 43.05M | 40.10M | 36.45M | 33.27M | 29.97M | 31.32M | 30.57M | 27.26M | 25.29M | 22.40M | 18.60M | 3.59M | 2.48M | 2.32M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -103.00K | 0.00 | 1.53M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 217.17M | 219.62M | 189.38M | 159.64M | 139.28M | 122.81M | 110.29M | 97.09M | 89.51M | 88.92M | 72.97M | 65.87M | 58.64M | 52.32M | 47.55M | 43.05M | 40.10M | 36.45M | 33.27M | 29.97M | 31.32M | 30.57M | 27.26M | 25.29M | 22.40M | 18.60M | 3.59M | 2.48M | 2.32M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.16% | 100.00% | 97.16% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 74.94M | 74.26M | 63.68M | 51.14M | 47.66M | 43.25M | 37.21M | 35.12M | 30.84M | 28.31M | 22.98M | 20.01M | 18.54M | 17.31M | 17.65M | 14.78M | 13.19M | 11.05M | 10.49M | 9.99M | 9.31M | 8.73M | 6.15M | 6.49M | 7.70M | 6.50M | 5.49M | 5.00M | 4.83M |
| Selling & Marketing | 3.13M | 2.89M | 2.08M | 1.99M | 2.11M | 2.35M | 2.24M | 1.80M | 1.58M | 1.46M | 939.00K | 859.00K | 822.00K | 795.00K | 620.00K | 792.00K | 680.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 78.07M | 77.14M | 63.68M | 51.14M | 47.66M | 43.25M | 37.21M | 35.12M | 30.84M | 28.31M | 22.98M | 20.01M | 18.54M | 17.31M | 18.27M | 15.57M | 13.87M | 11.05M | 10.49M | 9.99M | 9.31M | 8.73M | 6.15M | 6.49M | 7.70M | 6.50M | 5.49M | 5.00M | 4.83M |
| Other Expenses | 0.00 | -48.88M | -182.28M | -170.68M | -138.30M | -106.58M | -21.65M | -22.70M | 0.00 | 0.00 | 0.00 | 0.00 | -216.00K | 2.24M | 2.44M | -31.54M | -18.64M | -13.68M | -15.67M | -17.00M | -15.37M | -12.64M | -5.46M | -4.71M | -7.40M | -5.20M | 8.49M | 8.05M | 7.07M |
| Operating Expenses | 113.32M | 7.06M | -118.60M | -119.55M | -90.64M | -55.63M | 4.06M | 3.57M | 3.13M | 2.82M | 2.26M | 2.12M | 1.78M | 1.64M | 1.52M | -15.97M | -4.76M | -2.63M | -5.19M | -7.00M | -6.06M | -3.91M | 693.00K | 1.78M | 300.00K | 1.30M | 13.98M | 13.05M | 11.89M |
| Cost & Expenses | 113.32M | 7.06M | -118.60M | -119.55M | -90.64M | -55.63M | 4.06M | 3.57M | 3.13M | 2.82M | 2.26M | 2.02M | 1.78M | 3.17M | 1.50M | -15.97M | -4.76M | -2.63M | -5.19M | -7.00M | -6.06M | -3.91M | 693.00K | 1.78M | 300.00K | 1.30M | 13.98M | 13.05M | 11.89M |
| Interest Income | 293.23M | 211.85M | 179.60M | 167.17M | 155.73M | 131.87M | 108.87M | 94.32M | 87.18M | 86.88M | 71.42M | 68.13M | 65.71M | 61.15M | 37.40M | 57.18M | 53.93M | 49.15M | 41.88M | 37.47M | 37.59M | 39.74M | 40.81M | 40.65M | 35.50M | 29.10M | 26.21M | 23.06M | 21.42M |
| Interest Expense | 103.87M | 24.08M | 19.82M | 32.46M | 39.53M | 26.95M | 17.37M | 13.03M | 12.47M | 12.29M | 12.21M | 14.92M | 17.58M | 19.06M | 18.47M | 20.58M | 22.92M | 20.85M | 15.96M | 13.13M | 13.40M | 15.20M | 19.15M | 19.83M | 16.60M | 13.50M | 11.82M | 9.80M | 9.22M |
| Depreciation & Amortization | 7.74M | 6.57M | 6.24M | 4.87M | 5.75M | 4.60M | 5.04M | 4.34M | 1.01M | 1.18M | 251.00K | 2.23M | 2.08M | 85.00K | 2.00M | 2.42M | 1.08M | 1.43M | 1.82M | 1.76M | 2.19M | 1.43M | 2.49M | 2.47M | 2.10M | 1.00M | 1.07M | 664.00K | 505.00K |
| EBITDA | 79.57M | 84.79M | 74.59M | 0.00 | 54.60M | 45.01M | 0.00 | 0.00 | 35.01M | 36.50M | 0.00 | 25.77M | 22.46M | 16.90M | 18.24M | 14.01M | 18.97M | 18.30M | 17.25M | 14.14M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Ratio | 36.64% | 49.57% | 37.43% | 25.24% | 35.33% | 58.62% | 53.37% | 46.58% | 52.51% | 54.89% | 51.90% | 61.87% | 68.71% | 66.62% | 65.89% | 68.54% | 90.82% | 96.70% | 89.87% | 82.51% | 87.65% | 91.90% | 111.66% | 116.81% | 110.71% | 112.37% | 519.66% | 654.26% | 633.58% |
| Operating Income | 71.83M | 102.29M | 70.78M | 40.09M | 48.64M | 67.18M | 57.63M | 44.10M | 45.99M | 47.62M | 37.62M | 38.47M | 38.21M | 35.79M | 29.33M | 27.09M | 35.34M | 33.83M | 28.08M | 22.96M | 25.26M | 26.67M | 27.95M | 27.07M | 22.70M | 19.90M | 17.57M | 15.53M | 14.21M |
| Operating Income Ratio | 33.07% | 46.58% | 37.37% | 25.11% | 34.92% | 54.70% | 52.25% | 45.42% | 51.38% | 53.56% | 51.56% | 58.49% | 65.17% | 66.46% | 61.69% | 62.91% | 88.12% | 92.79% | 84.41% | 76.63% | 80.65% | 87.22% | 102.54% | 107.03% | 101.34% | 106.99% | 489.93% | 627.43% | 611.84% |
| Total Other Income/Expenses | 0.00 | 0.00 | 2.43M | -12.64M | -170.00K | 26.00K | 561.00K | -1.97M | -794.00K | -4.11M | -2.38M | -2.23M | 216.00K | -581.00K | -2.44M | -3.96M | -900.00K | 0.00 | -240.00K | -1.40M | -13.40M | -15.20M | -19.15M | -19.83M | -16.60M | -13.50M | -11.82M | -9.95M | -9.22M |
| Income Before Tax | 71.83M | 78.21M | 70.78M | 40.09M | 48.64M | 40.23M | 36.25M | 27.71M | 30.49M | 32.39M | 23.02M | 23.44M | 20.63M | 14.79M | 10.85M | 6.50M | 12.42M | 12.97M | 12.13M | 9.84M | 11.86M | 11.47M | 8.81M | 7.24M | 6.10M | 6.40M | 5.75M | 5.58M | 4.99M |
| Income Before Tax Ratio | 33.07% | 35.61% | 37.37% | 25.11% | 34.92% | 32.76% | 32.87% | 28.54% | 34.06% | 36.43% | 31.55% | 35.65% | 35.19% | 27.45% | 22.82% | 15.10% | 30.96% | 35.58% | 36.45% | 32.82% | 37.87% | 37.50% | 32.30% | 28.61% | 27.23% | 34.41% | 160.26% | 225.29% | 214.81% |
| Income Tax Expense | 13.81M | 15.03M | 13.07M | 7.35M | 8.56M | 6.51M | 12.39M | 7.17M | 8.29M | 9.31M | 6.34M | 6.31M | 5.53M | 3.47M | 2.34M | 1.27M | 3.28M | 3.35M | 2.99M | 1.96M | 2.81M | 2.80M | 2.30M | 1.80M | 1.50M | 1.70M | 1.45M | 1.45M | 1.17M |
| Net Income | 58.02M | 63.19M | 57.71M | 32.74M | 40.08M | 33.72M | 23.86M | 20.54M | 22.20M | 23.07M | 16.68M | 17.14M | 15.10M | 11.32M | 8.51M | 5.24M | 9.13M | 9.62M | 9.14M | 7.87M | 9.06M | 8.67M | 6.51M | 5.43M | 4.60M | 4.70M | 4.30M | 4.28M | 3.82M |
| Net Income Ratio | 26.72% | 28.77% | 30.47% | 20.51% | 28.78% | 27.46% | 21.63% | 21.16% | 24.80% | 25.95% | 22.86% | 26.05% | 25.76% | 21.01% | 17.90% | 12.16% | 22.78% | 26.39% | 27.47% | 26.27% | 28.92% | 28.35% | 23.88% | 21.48% | 20.54% | 25.27% | 119.97% | 173.01% | 164.31% |
| EPS | 2.35 | 3.26 | 3.16 | 1.97 | 2.63 | 2.22 | 1.57 | 1.42 | 1.54 | 1.60 | 1.29 | 1.38 | 1.23 | 1.06 | 0.98 | 0.61 | 1.05 | 1.08 | 1.01 | 0.86 | 0.99 | 0.95 | 0.71 | 0.59 | 0.50 | 0.55 | 0.25 | 0.50 | 0.44 |
| EPS Diluted | 2.55 | 3.26 | 3.16 | 1.97 | 2.63 | 2.22 | 1.57 | 1.42 | 1.54 | 1.60 | 1.29 | 1.38 | 1.23 | 1.06 | 0.98 | 0.61 | 1.05 | 1.07 | 1.00 | 0.86 | 0.98 | 0.95 | 0.71 | 0.59 | 0.50 | 0.55 | 0.25 | 0.50 | 0.44 |
| Weighted Avg Shares Out | 22.75M | 17.99M | 16.82M | 16.00M | 15.16M | 15.21M | 15.13M | 14.38M | 14.34M | 14.36M | 12.88M | 12.40M | 12.27M | 10.60M | 8.66M | 8.55M | 8.68M | 8.91M | 9.05M | 9.15M | 9.13M | 9.10M | 9.14M | 9.18M | 9.13M | 9.12M | 8.61M | 8.60M | 8.60M |
| Weighted Avg Shares Out (Dil) | 20.94M | 18.02M | 16.82M | 16.00M | 15.16M | 15.21M | 15.13M | 14.38M | 14.34M | 14.36M | 12.88M | 12.40M | 12.28M | 10.61M | 8.67M | 8.57M | 8.70M | 8.99M | 9.14M | 9.15M | 9.20M | 9.10M | 9.14M | 9.18M | 9.20M | 9.12M | 8.61M | 8.60M | 8.60M |
Are Investors Undervaluing CNB Financial (CCNE) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
CNB Financial Corporation Announces Quarterly Dividend for Common Stock
CLEARFIELD, Pa., Nov. 12, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.18 per share of common stock payable on December 13, 2024 to common stock shareholders of...
Is CNB Financial (CCNE) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock and Related Depositary Shares Distribution
CLEARFIELD, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share (Nasdaq: CCNEP), resulting from the Corporation's...
What Makes CNB (CCNE) a New Buy Stock
CNB (CCNE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
CNB Financial (CCNE) Beats Q3 Earnings and Revenue Estimates
CNB Financial (CCNE) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.60 per share a year ago.
CNB Financial Corporation Reports Third Quarter 2024 Results
CLEARFIELD, Pa., Oct. 21, 2024 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and nine months ended September 30, 2024.
CNB Financial Corporation Announces Quarterly Dividend for Common Stock
CLEARFIELD, Pa., Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.18 per share of common stock payable on September 13, 2024 to common stock shareholders of...
CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock and Related Depositary Shares Distribution
CLEARFIELD, Pa., Aug. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of $0.4453125 per depositary share (Nasdaq: CCNEP), resulting from the Corporation's...
CNB Financial (CCNE) Q2 Earnings Surpass Estimates
CNB Financial (CCNE) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.61 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports