Cnb Financial ( (CCNE) ) has released its Q2 earnings. Here is a breakdown of the information Cnb Financial presented to its investors.
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CNB Financial Corporation is a financial holding company primarily operating through its subsidiary, CNB Bank, offering a wide range of banking services including trust and wealth management across Pennsylvania, Ohio, New York, and Virginia. In its second quarter of 2025, CNB Financial Corporation reported a net income of $12.9 million, or $0.61 per diluted share, showing a significant improvement from the previous quarter. The company experienced growth in loans and deposits, with loans totaling $4.7 billion and deposits reaching $5.5 billion by the end of June 2025. The net interest margin also saw an increase to 3.60%, reflecting a favorable shift in the earning asset mix and decreased costs of interest-bearing liabilities. Looking forward, CNB Financial Corporation is poised for further growth with the upcoming integration of ESSA Bancorp, which is expected to enhance its asset base and market presence in Northeastern Pennsylvania.