CNB Financial Q2 EPS $0.56 vs $0.61 YoY; net income down to $11.9M

CNB FINANCIAL CORP/PA

2024-Q2 EPS reported $1.11

Net income available to common $11.9M ($0.56 diluted EPS) vs $12.8M ($0.61) in Q2 2023 on higher deposit costs.
Six-month earnings $23.4M ($1.11) vs $28.2M ($1.33) YoY; pre-provision net revenue $35.3M vs $41.3M.
Loans ex-syndicated $4.4B (+1.68% linked quarter); deposits $5.1B (+1.45% linked quarter).
Nonperforming assets $36.5M (0.62% of assets) vs $30.7M (0.53%) at March 31; net charge-offs $2.8M vs $1.3M in Q1.
Pre-tax net unrealized losses on securities $84.1M (14.33% of equity); no short-term FHLB or Discount Window borrowings.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.