secwatch.observer — SEC 8-K summary
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Issuer:     CNB FINANCIAL CORP/PA (CCNE)
CIK:        0000736772
Form:       8-K
Filed at:   2025-01-28T23:59:59+00:00
Accession:  0000736772-25-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNB Financial Q4 earnings $0.66/sh, up YoY; NPAs rise to 0.96% of assets
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- Q4 2024 net income $14.0M ($0.66 diluted EPS) vs $12.9M ($0.61) in Q3 and $12.9M ($0.62) in Q4 2023.
- Full-year 2024 EPS $2.39, down from $2.55 in 2023; deposit costs rose significantly year-over-year.
- Nonperforming assets $59.5M (0.96% of assets) at Dec 31, up from $42.0M (0.70%) at Sep 30, driven by a $20.4M commercial multifamily loan.
- Loans (ex-syndicated) $4.5B, up 3.88% YoY; deposits $5.4B, up 7.45% YoY.
- Pre-provision net revenue (non-GAAP) $21.6M in Q4, vs $19.7M in Q3 and $18.4M in Q4 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/736772/000073677225000005/0000736772-25-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/736772/000073677225000005/ccne-20250128.htm
  HTML page:      https://secwatch.observer/filing/0000736772-25-000005

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