CNB Financial Q3 Profit Reaches $28.1 Million, Tops Analyst Estimates

CNB Financial Corp. (CCNE) on Wednesday reported third-quarter profit of $28.1 million, or 91 cents per share, beating Wall Street expectations. The Clearfield, Pennsylvania-based bank holding company said the average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Revenue for the period totaled $126.5 million, while revenue net of interest expense came in at $88.3 million, also surpassing forecasts. Four analysts surveyed by Zacks had expected $88 million.