Loading...
•
Jun 30, 2023
CNB Financial Q2 2023 Earnings Report
CNB Financial Corporation's earnings for Q2 2023 were announced, revealing growth in total deposits, loans, and assets.
Key Takeaways
CNB Financial Corporation reported net income available to common shareholders of $12.8 million, or $0.61 per diluted share, for the three months ended June 30, 2023. Total deposits reached $4.9 billion, reflecting an increase of $178.9 million from March 31, 2023, and loans totaled $4.3 billion, representing an increase of $166.1 million from March 31, 2023.
Net income available to common shareholders was $12.8 million, or $0.61 per diluted share.
Total deposits increased by $178.9 million, reaching $4.9 billion.
Loans increased by $166.1 million, totaling $4.3 billion.
Total nonperforming assets were $24.1 million, or 0.43% of total assets.
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
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...