CNB Financial Corporation (CCNE) Income Statement

30Y historyFree accessUpdated daily

Net interest income expanded sharply to $76.3M in 2026Q3 from $45.6M in 2024Q2, but earnings quality appears sensitive to provision timing, with a $15.5M release in 2025Q4 and an $18.5M charge in 2025Q3 driving much of the quarterly volatility.

Annual statement

CCNE Income Statement

CNB Financial Corporation (CCNE) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	TTM	Dec'25	Dec'24	Dec'23	Dec'22	Dec'21	Dec'20	Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07	Dec'06	Dec'05	Dec'04	Dec'03	Dec'02	Dec'01	Dec'00	Dec'99	Dec'98	Dec'97	Dec'96

Net Interest Income	300.25M	242.04M	187.09M	189.36M	189.5M	159.52M	128.89M	115.18M	103.9M	90.79M	80.7M	74.1M	74.19M	59M	53.12M	48.1M	42.06M	37.4M	36.6M	31.01M	28.02M	25.67M	24.34M	24.19M	24.54M	21.66M	20.81M	18.9M	16.7M	14.38M	13.26M
NII Growth %	163.81%	29.37%	-1.2%	-0.08%	18.79%	23.76%	11.91%	10.85%	14.45%	12.49%	8.92%	-0.13%	25.76%	11.06%	10.45%	14.35%	12.46%	2.19%	18.02%	10.68%	9.16%	5.43%	0.66%	-1.42%	13.26%	4.08%	10.12%	13.17%	16.11%	8.46%	8.74%
Net Interest Margin %	3.58%	2.88%	3.02%	3.29%	3.46%	2.99%	2.73%	3.06%	3.23%	3.28%	3.14%	3.24%	3.39%	2.77%	3%	3%	2.98%	3.22%	3.6%	3.62%	3.59%	3.36%	3.36%	3.45%	3.67%	3.65%	3.75%	3.37%	3.56%	3.86%	4.06%
Interest Income	458.24M	392.35M	325.1M	293.23M	213.58M	179.6M	161.35M	155.73M	131.87M	108.87M	94.31M	87.18M	86.88M	71.42M	68.04M	65.71M	61.12M	55.87M	57.18M	53.93M	49.15M	41.62M	37.47M	37.59M	39.74M	40.81M	40.65M	35.5M	31.3M	26.2M	23.06M
Interest Expense	157.99M	150.31M	138M	103.87M	24.08M	19.82M	32.46M	39.53M	26.95M	17.36M	13.03M	12.47M	12.29M	12.21M	14.92M	17.58M	19.06M	18.47M	20.58M	22.92M	20.85M	15.96M	13.13M	13.4M	15.2M	19.15M	19.83M	16.6M	14.6M	11.82M	9.8M
Loan Loss Provision	-10.25M	8.86M	9.22M	5.99M	8.59M	6M	15.35M	6.02M	6.07M	6.66M	4.15M	2.56M	3.84M	6.14M	6.38M	4.94M	5.16M	4.46M	3.79M	1.51M	1.37M	783K	800K	1.53M	1.8M	1.08M	807K	600K	700K	900K	600K
Non-Interest Income	19.71M	12.52M	34.91M	28.78M	30.12M	29.6M	30.74M	23.08M	17.89M	18.78M	15.8M	14.8M	14.32M	13.77M	12.75M	10.72M	9.68M	10M	6.45M	9.09M	8.16M	7.65M	5.43M	7.14M	6.04M	5.6M	4.48M	3.7M	3.2M	-10.8M	-10.79M
Non-Interest Income %	6.16%	4.92%	15.73%	13.19%	13.72%	15.65%	19.26%	16.7%	14.69%	17.14%	16.37%	16.65%	16.18%	18.92%	19.36%	18.22%	18.71%	21.09%	14.99%	22.67%	22.55%	22.95%	18.23%	22.78%	19.75%	20.54%	17.72%	16.37%	16.08%	-301.09%	-435.8%
Total Net Revenue	319.96M	254.55M	222.01M	218.14M	219.62M	189.12M	159.63M	138.26M	121.79M	109.57M	96.51M	88.9M	88.52M	72.77M	65.87M	58.82M	51.74M	47.4M	43.05M	40.1M	36.18M	33.31M	29.77M	31.32M	30.57M	27.26M	25.29M	22.6M	19.9M	3.59M	2.48M
Revenue Growth %	27.9%	14.66%	1.77%	-0.68%	16.13%	18.47%	15.46%	13.53%	11.15%	13.54%	8.56%	0.43%	21.65%	10.46%	12%	13.67%	9.16%	10.1%	7.36%	10.84%	8.59%	11.89%	-4.94%	2.45%	12.15%	7.78%	11.92%	13.57%	454.94%	44.89%	6.54%
Non-Interest Expense	196.9M	163.23M	145.43M	140.32M	132.82M	112.6M	104.19M	84.62M	76.51M	67.39M	65.23M	56.46M	52.69M	43.81M	35.95M	33.28M	31.8M	32.07M	32.76M	26.17M	22.11M	20.4M	19.14M	17.93M	17.31M	17.37M	17.25M	15.9M	12.4M	-3.06M	-3.7M
Efficiency Ratio	61.54%	64.13%	65.51%	64.32%	60.48%	59.54%	65.27%	61.2%	62.82%	61.5%	67.59%	63.51%	59.52%	60.21%	54.57%	56.59%	61.46%	67.66%	76.1%	65.27%	61.12%	61.25%	64.28%	57.23%	56.61%	63.73%	68.2%	70.35%	62.31%	-85.36%	-149.54%
Operating Income	133.31M	82.47M	67.36M	71.83M	78.21M	70.78M	40.09M	48.64M	40.23M	36.25M	27.71M	30.49M	32.39M	23.02M	23.55M	20.63M	14.79M	10.87M	6.5M	12.41M	12.97M	12.13M	9.84M	11.86M	11.47M	8.81M	7.24M	6.1M	6.8M	5.75M	5.58M
Operating Margin %	41.66%	32.4%	30.34%	32.93%	35.61%	37.43%	25.11%	35.18%	33.03%	33.09%	28.71%	34.3%	36.59%	31.63%	35.75%	35.08%	28.58%	22.92%	15.1%	30.96%	35.86%	36.4%	33.03%	37.87%	37.5%	32.3%	28.61%	26.99%	34.17%	160.26%	225.29%
Operating Income Growth %	-	22.43%	-6.22%	-8.16%	10.51%	76.55%	-17.58%	20.91%	10.97%	30.82%	-9.11%	-5.86%	40.7%	-2.24%	14.12%	39.55%	36.07%	67.12%	-47.63%	-4.29%	6.97%	23.3%	-17.09%	3.45%	30.21%	21.68%	18.64%	-10.29%	18.32%	3.07%	11.74%
Pretax Income	143.31M	82.47M	67.36M	71.83M	78.21M	70.78M	40.09M	48.64M	40.23M	36.25M	27.71M	30.49M	32.39M	23.02M	23.55M	20.63M	14.79M	10.87M	6.5M	12.41M	12.97M	12.13M	9.84M	11.86M	11.47M	8.81M	7.24M	6.1M	6.8M	5.75M	5.58M
Pretax Margin %	44.79%	32.4%	30.34%	32.93%	35.61%	37.43%	25.11%	35.18%	33.03%	33.09%	28.71%	34.3%	36.59%	31.63%	35.75%	35.08%	28.58%	22.92%	15.1%	30.96%	35.86%	36.4%	33.03%	37.87%	37.5%	32.3%	28.61%	26.99%	34.17%	160.26%	225.29%
Income Tax	26.25M	16.33M	12.78M	13.81M	15.03M	13.07M	7.35M	8.56M	6.51M	12.39M	7.17M	8.29M	9.31M	6.34M	6.41M	5.53M	3.47M	2.35M	1.27M	3.28M	3.35M	2.99M	1.96M	2.81M	2.8M	2.3M	1.8M	1.5M	1.8M	1.45M	1.45M
Effective Tax Rate %	18.32%	19.81%	18.98%	19.22%	19.21%	18.47%	18.33%	17.6%	16.18%	34.18%	25.88%	27.2%	28.76%	27.54%	27.23%	26.8%	23.46%	21.66%	19.49%	26.43%	25.82%	24.65%	19.97%	23.65%	24.42%	26.07%	24.93%	24.59%	26.47%	25.14%	26%
Net Income	117.05M	66.13M	54.58M	58.02M	63.19M	57.71M	32.74M	40.08M	33.72M	23.86M	20.54M	22.2M	23.07M	16.68M	17.14M	15.1M	11.32M	8.51M	5.24M	9.13M	9.62M	9.14M	7.87M	9.06M	8.67M	6.51M	5.43M	4.6M	5M	4.3M	4.28M
Net Margin %	36.58%	25.98%	24.58%	26.6%	28.77%	30.51%	20.51%	28.99%	27.69%	21.78%	21.28%	24.97%	26.07%	22.92%	26.01%	25.68%	21.87%	17.96%	12.16%	22.78%	26.6%	27.43%	26.44%	28.92%	28.35%	23.88%	21.48%	20.35%	25.13%	119.97%	173.01%
Net Income Growth %	146.18%	21.17%	-5.94%	-8.18%	9.5%	76.24%	-18.31%	18.87%	41.32%	16.16%	-7.46%	-3.8%	38.34%	-2.67%	13.45%	33.47%	32.94%	62.6%	-42.69%	-5.07%	5.3%	16.1%	-13.09%	4.51%	33.12%	19.82%	18.11%	-8%	16.23%	0.47%	12.18%
Net Income (Continuing)	117.05M	66.13M	54.58M	58.02M	63.19M	57.71M	32.74M	40.08M	33.72M	23.86M	20.54M	22.2M	23.07M	16.68M	17.14M	15.1M	11.32M	8.51M	5.24M	9.13M	9.62M	9.14M	7.87M	9.06M	8.67M	6.51M	5.43M	4.6M	5M	4.3M	4.13M
EPS (Diluted)	3.96	2.51	2.39	2.55	3.26	3.16	1.97	2.63	2.22	1.57	1.42	1.54	1.60	1.16	1.38	1.23	0.92	0.97	0.61	1.05	1.07	1.00	0.86	0.98	0.95	0.71	0.59	0.50	0.55	0.25	0.50
EPS Growth %	93.4%	5.02%	-6.27%	-21.78%	3.16%	60.41%	-25.1%	18.47%	41.4%	10.56%	-7.79%	-3.75%	37.93%	-15.94%	12.2%	33.7%	-5.15%	59.02%	-41.9%	-1.87%	7%	16.28%	-12.24%	3.16%	33.8%	20.34%	18%	-9.09%	120%	-50%	13.64%
EPS (Basic)	-	2.51	2.40	2.56	3.26	3.16	1.97	2.63	2.22	1.57	1.42	1.54	1.60	1.16	1.38	1.23	0.92	0.97	0.61	1.05	1.08	1.01	0.86	0.99	0.95	0.71	0.59	0.50	0.55	0.25	0.50
Diluted Shares Outstanding	29.53M	24.67M	20.9M	20.94M	21.01M	16.82M	16.83M	15.16M	15.21M	15.13M	14.38M	14.34M	14.36M	14.43M	12.4M	12.28M	12.24M	8.67M	8.57M	8.7M	8.99M	9.14M	9.15M	9.2M	9.1M	9.14M	9.18M	9.2M	9.12M	8.61M	8.6M

Key Metrics

Growth RegimeExpanding

ProfitabilityModerate

Balance SheetAdequate

Cash FlowStable

Top Statement Risk

Credit provision volatility in CRE

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q3)

Net Interest Income Steps Up Sharply

Based on reported figures, CCNE's net interest income climbed from $45.6M in 2024Q2 to $76.3M in 2026Q3, with the step-change concentrated in 2025 and early 2026, suggesting a combination of loan growth and acquired or de novo balance sheet expansion rather than a gradual rate-driven lift alone.

The year-over-year NII growth rates of roughly 40% to 50% in several quarters are too large to be explained by rate cycles alone, which points toward a meaningful expansion of earning assets. Investors should verify how much of the step-up reflects the Ridge View and BankOnBuffalo ramp versus existing legacy lending, since the answer determines whether this growth is repeatable. Deposit beta trends in the coming quarters will indicate whether the funding cost side is keeping pace with asset repricing.

Net Interest Margin Holding Near 0.9%

As reported in financial statements, CCNE's net interest margin has held around 0.8% to 0.9% across all ten quarters, a level that appears low relative to typical regional bank benchmarks and that may leave limited cushion if funding costs rise faster than asset yields.

A flat margin alongside rapidly rising NII implies that balance sheet growth is doing the heavy lifting rather than spread expansion. This pattern may indicate that CCNE is pricing for volume in competitive urban deposit markets, where deposit costs are rising. Monitoring the margin against peer NIM figures will clarify whether this compression is structural or cyclical.

Efficiency Ratio Improves Through Scale

Based on CCNE's reported figures, the efficiency ratio fell from 71.5% in 2025Q1 to 58.2% in 2026Q3, suggesting that revenue growth has outpaced non-interest expense and that operating leverage is beginning to materialize.

The improvement is meaningful, but the 2026Q1 ratio of 68.4% shows the gain has not been linear and is sensitive to quarterly revenue timing. Because de novo brand costs may sit within non-interest expense, the ratio could understate the efficiency of mature legacy branches. Analysts should separate expansion costs from run-rate costs to judge sustainable operating leverage.

Provisioning Swings Mask Underlying Credit Trend

According to reported quarterly figures, CCNE's provision expense ranged from a $15.5M release in 2025Q4 to an $18.5M charge in 2025Q3, a volatility that appears driven by CECL forecast revisions rather than a steady credit deterioration trend.

Large swings in provisioning under CECL can reflect changing macro assumptions, and the 2025Q3 charge alongside the subsequent release suggests reserve estimates were revised materially within a single year. Given CRE office exposure in Buffalo and Erie, investors should monitor whether future provisions normalize at a higher base. The release in 2025Q4 deserves scrutiny to confirm it reflects genuine improvement rather than reserve drawdown.

Non-Interest Income Share Declining

Based on EDBL's reported figures, fee income as a share of revenue fell from 17.2% in 2024Q3 to 12.9% in 2026Q2, and turned negative in 2025Q4, indicating that fee income has not kept pace with the rapid growth in net interest income.

The decline in fee share reduces revenue diversification and increases sensitivity to rate-driven spread income. The negative non-interest income in 2025Q4 and zero reported in 2026Q1 may reflect data gaps or one-time items, and the data is insufficient to draw firm conclusions about wealth management trends. Investors should watch whether wealth and service fee growth resumes to restore a more balanced earnings mix.

Earnings Quality Depends on Provision Timing

Based on reported figures, CCNE's EPS growth of 48.4% in 2026Q2 and 79.6% in 2026Q1 appears heavily influenced by low or released provisions, which could reverse if credit costs normalize.

Reported profitability in several recent quarters coincides with minimal or negative provisioning, which means headline earnings may overstate sustainable run-rate profitability. A return to the $15M to $18M provision levels seen in late 2025 would likely compress net income materially. Investors should stress-test earnings against a normalized provision scenario before extrapolating recent growth rates.

CCNE — Frequently Asked Questions

Quick answers to the most common questions about buying CCNE stock.

What was CNB Financial Corporation's (CCNE) revenue in 2025?

For fiscal year 2025, CNB Financial Corporation (CCNE) reported total revenue of $254.6M. This represents a 10185.0% increase compared to $2.5M in 1996.

Is CNB Financial Corporation (CCNE) profitable?

CNB Financial Corporation (CCNE) is profitable, generating $66.1M in net income for the fiscal year ending 2025 with a net profit margin of 26.0%.

What is CNB Financial Corporation's operating profit margin?

CNB Financial Corporation (CCNE) reported an operating income of $82.5M, resulting in an operating profit margin of 32.4%. This margin reflects the operational efficiency of the business before interest and taxes.

What is CNB Financial Corporation's gross profit and gross margin?

CNB Financial Corporation (CCNE) generated $245.7M in gross profit for the year, representing a gross profit margin of 96.5%. This demonstrates the company's core pricing power and production efficiency.