CNB Financial Pref Share CCNEP 7.125 Perp 09/01/25 | 10-Q: FY2025 Q3 Revenue: USD 119.21 M

Revenue: As of FY2025 Q3, the actual value is USD 119.21 M.

EPS: As of FY2025 Q3, the actual value is USD 0.22.

EBIT: As of FY2025 Q3, the actual value is USD -58.05 M.

Segment Revenue

• Interest and Dividend Income: Total interest and dividend income for the nine months ended September 30, 2025, was $276,795,000, compared to $241,792,000 for the same period in 2024.

Operational Metrics

• Net Income: Net income for the nine months ended September 30, 2025, was $32,482,000, compared to $39,511,000 for the same period in 2024.
• Provision for Credit Loss Expense: The provision for credit loss expense was $24,350,000 for the nine months ended September 30, 2025, compared to $6,292,000 for the same period in 2024.
• Non-Interest Income: Total non-interest income for the nine months ended September 30, 2025, was $28,081,000, compared to $28,793,000 for the same period in 2024.
• Non-Interest Expenses: Total non-interest expenses for the nine months ended September 30, 2025, were $130,812,000, compared to $112,197,000 for the same period in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: Net cash provided by operating activities for the nine months ended September 30, 2025, was $38,879,000, compared to $49,271,000 for the same period in 2024.
• Net Cash Provided (Used) by Investing Activities: Net cash provided by investing activities for the nine months ended September 30, 2025, was $62,086,000, compared to net cash used of $113,594,000 for the same period in 2024.
• Net Cash Provided (Used) by Financing Activities: Net cash used by financing activities for the nine months ended September 30, 2025, was $105,912,000, compared to net cash provided of $203,186,000 for the same period in 2024.

Unique Metrics

• Allowance for Credit Losses: The allowance for credit losses increased to $67,684,000 as of September 30, 2025, from $47,357,000 as of December 31, 2024.

Future Outlook and Strategy

• Core Business Focus: The Corporation plans to continue its focus on expanding its branch network and enhancing its digital banking capabilities to improve customer experience and operational efficiency.
• Non-Core Business: The Corporation completed the acquisition of ESSA Bancorp, Inc., which is expected to provide strategic benefits and synergies, although the integration costs were significant.