News about CNB Financial

CNB Financial Corporation (NASDAQ: CCNE) reported third-quarter 2026 earnings available to common shareholders of $27.0 million, or $0.91 per diluted share, roughly flat from the prior quarter and up from $18.9 million a year earlier; prior-year figures were recast under ASU 2025-08, not restated for errors. Compared with adjusted earnings of $22.5 million for Q3 2025 (excluding ESSA Bancorp merger costs), earnings rose $4.5 million. Total loans excluding $124.1 million of syndicated loans reached $6.5 billion, up $76.5 million or 1.19% from June 30, driven mainly by commercial and residential real estate. Deposits fell $32.6 million (0.46%) as the bank exited about $76.1 million of higher-cost corporate deposits at a 3.69% cost; excluding that, deposits rose about $43.5 million. Net interest margin was 3.89%, nonperforming assets were $56.9 million (0.68% of total assets), and net charge-offs rose to $2.4 million, mainly from about $1.6 million written off on one commercial and industrial relationship.