CLEARFIELD, Pa. (AP) — CLEARFIELD, Pa. (AP) — CNB Financial Corp. (CCNE) on Monday reported first-quarter profit of $12.6 million.
The Clearfield, Pennsylvania-based bank said it had earnings of 55 cents per share.
The bank holding company posted revenue of $86.9 million in the period. Its revenue net of interest expense was $54.2 million, which missed Street forecasts.
CNB shares have dropped 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.99, an increase of 2.5% in the last 12 months.
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