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Cnb Financial Corp

CNB Financial Corp (CCNE) is a financial services company based in Clearfield, Pennsylvania. The company operates through its subsidiary, CNB Bank, which provides a range of financial products and services to individuals, businesses, and public entities. These services include commercial and retail banking, wealth management, and mortgage lending.

As of their most recent earnings report (Q3 2021), CNB Financial Corp reported net income of $21.3 million, or $0.53 per diluted share, compared to $13.8 million, or $0.35 per diluted share, in the same period last year. This represents an increase of 54.1% in net income and 51.4% in earnings per share year-over-year.

For the first nine months of 2021, net income was $58.2 million, or $1.45 per diluted share, compared to $41.4 million, or $1.06 per diluted share, for the same period last year. This represents an increase of 40.5% in net income and 36.8% in earnings per share year-over-year.

In terms of growth, CNB Financial Corp has consistently delivered solid financial performance over the past few years. The company's total assets have grown from $3.3 billion in 2018 to $4.4 billion in 2021, representing a compound annual growth rate (CAGR) of 13.1%. Loans and leases have also grown from $2.5 billion in 2018 to $3.5 billion in 2021, representing a CAGR of 12.2%.

Overall, CNB Financial Corp has demonstrated consistent profitability and growth in recent years. However, it's important to note that past performance is not indicative of future results, and investors should always conduct their own research before making investment decisions.