CNB Financial | 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, beating the estimate of USD -0.0233.

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

Segment Revenue

• Loans Receivable: Interest and fees on loans receivable were $98,092 for the three months ended September 30, 2025, and $245,879 for the nine months ended September 30, 2025.
• Securities: Taxable securities income was $10,316 for the three months ended September 30, 2025, and $30,179 for the nine months ended September 30, 2025.

Operational Metrics

• Net Income: Net income was $7,045 for the three months ended September 30, 2025, and $32,482 for the nine months ended September 30, 2025.
• Operating Margin: Net interest income after provision for credit loss expense was $48,673 for the three months ended September 30, 2025, and $143,407 for the nine months ended September 30, 2025.
• Operating Costs: Total non-interest expenses were $50,157 for the three months ended September 30, 2025, and $130,812 for the nine months ended September 30, 2025.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $38,879 for the nine months ended September 30, 2025.
• Free Cash Flow: Net cash provided by investing activities was $62,086, while net cash used by financing activities was - $105,912 for the nine months ended September 30, 2025.

Unique Metrics

• Allowance for Credit Losses: The allowance for credit losses increased by $20.3 million for the nine months ended September 30, 2025, primarily due to the merger and loan portfolio growth.

Future Outlook and Strategy

• Core Business Focus: The Corporation plans to continue evaluating its estimate of expected credit losses as new information becomes available, with a focus on managing the impacts of higher loan portfolio growth and lower loan net charge-offs.
• Non-Core Business: The Corporation completed the acquisition of ESSA Bancorp, Inc., which is expected to extend CNB Bank’s branch network into the Northeastern Region, including the Lehigh Valley of Pennsylvania.