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Sep 30, 2024
CNB Financial Q3 2024 Earnings Report
CNB Financial Corporation reported earnings for Q3 2024.
Key Takeaways
CNB Financial Corporation reported net income available to common shareholders of $12.9 million, or $0.61 per diluted share, for the three months ended September 30, 2024. Loans totaled $4.5 billion, excluding syndicated loans, representing an increase of $96.7 million from the previous quarter. Total deposits were $5.2 billion, reflecting an increase of $106.1 million from the previous quarter.
Net income available to common shareholders was $12.9 million, or $0.61 per diluted share.
Loans totaled $4.5 billion, excluding syndicated loans, representing an increase of $96.7 million from the previous quarter.
Total deposits were $5.2 billion, reflecting an increase of $106.1 million from the previous quarter.
The Corporation repositioned $135.0 million of brokered deposits from savings to certificates of deposits.
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 the Corporation’s financial condition, liquidity, results of operations, future performance and business.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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