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Dec 31, 2021
CNB Financial Q4 2021 Earnings Report
Reported record earnings per share.
Key Takeaways
CNB Financial Corporation reported a strong fourth quarter and full year, with record earnings per share driven by commercial loan growth, strong fee income, and stable credit quality. The company's loan portfolio is well-positioned for future growth, and its communities are showing continued growth opportunities.
Earnings per diluted share increased by 100.0% to $0.80 for the fourth quarter of 2021.
The loan portfolio, excluding PPP loans, grew by $373.3 million, or 11.6%, from December 31, 2020.
Total deposits increased by $533.9 million, or 12.8%, from December 31, 2020.
Total non-performing assets decreased to $20.3 million, or 0.38% of total assets.
Forward Guidance
CNB's loan pipelines are very promising for positive growth over the next 12 months.The communities they serve have fared well through the pandemic and are reflecting continued growth opportunities. CNB is excited to be a part of their growth with high expectations heading into 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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