CNB Financial Corp reports results for the quarter ended June 30 - Earnings Summary
CNB Financial Corp reports results for the quarter ended June 30 - Earnings Summary
CNB Financial Corp CCNE.OQ reported quarterly adjusted earnings of 91 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of four analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 83 cents to 87 cents per share.
Revenue rose 46.3% to $76.34 million from a year ago; analysts expected $78.47 million.
CNB Financial Corp's reported EPS for the quarter was 91 cents.
The company reported quarterly net income of $27.23 million.
CNB Financial Corp shares had risen by 0.1% this quarter and gained 28.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "hold."
Wall Street's median 12-month price target for CNB Financial Corp is $35.00, about 3.6% above its last closing price of $33.73
This summary was machine generated from LSEG data July 23 at 09:03 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.86 | 0.91 | Beat |
Mar. 31 2026 | 0.80 | 0.88 | Beat |
Dec. 31 2025 | 0.79 | 0.87 | Beat |
Sep. 30 2025 | 0.73 | 0.82 | Beat |
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CNB Financial Corp reports results for the quarter ended June 30 - Earnings Summary