---
schema_version: "secwatch.filing_event.v1"
accession: "0000736772-24-000055"
form_type: "8-K"
ticker: "CCNE"
cik: "0000736772"
company_name: "CNB FINANCIAL CORP/PA"
filed_at: "2024-04-15T23:59:59+00:00"
generated_at: "2026-06-03T23:12:05.766910+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CNB Financial Q1 net income $11.5M ($0.55 EPS), down from $15.4M ($0.73) YoY

## Summary
- Net income $11.5M ($0.55 diluted EPS) versus $12.9M ($0.62) in Q4 2023 and $15.4M ($0.73) in Q1 2023, driven by higher deposit costs.
- Loans excl. syndicated/PPP $4.4B; down $7M from Dec 2023 but up $199.6M YoY; syndicated loans fell to $78.7M (1.78% of total loans).
- Deposits $5.0B, up $38.8M from Dec 2023; adjusted uninsured deposits $884.6M (17.21% of total deposits).
- Pre-provision net revenue $16.8M, down from $18.4M in Q4 2023 and $21.7M in Q1 2023.
- Nonperforming assets $30.7M (0.53% of assets); net charge-offs $1.3M (0.12% annualized), versus $686K (0.07%) a year ago.

## SEC filing metadata
- accession: 0000736772-24-000055
- form_type: 8-K
- ticker: CCNE
- cik: 0000736772
- company_name: CNB FINANCIAL CORP/PA
- filed_at: 2024-04-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/736772/000073677224000055/0000736772-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/736772/000073677224000055/ccne-20240415.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000736772-24-000055
- JSON: https://secwatch.observer/filing/0000736772-24-000055.json
- Plain text: https://secwatch.observer/filing/0000736772-24-000055.txt

## Key facts
- Earnings Releases
  CNB FINANCIAL CORP/PA reported three months ended March 31, 2024 results: net income $11.5 million, EPS $0.55 per diluted share.
  - Period: three months ended March 31, 2024
  - Net income: $11.5 million
  - EPS: $0.55 per diluted share
  - Result: reported results
  source text: CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three months ended March 31, 2024. Executive Summary • Net income available to common shareholders ("earnings") was $11.5 million, or $0.55 per diluted share, for the three months ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/736772/000073677224000055/0000736772-24-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.