CNB Financial (CCNE) Q4 Earnings and Revenues Surpass Estimates

Group 1 - CNB Financial (CCNE) reported quarterly earnings of $0.66 per share, exceeding the Zacks Consensus Estimate of $0.54 per share, and showing an increase from $0.62 per share a year ago, representing an earnings surprise of 22.22% [1] - The company posted revenues of $59.97 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.22%, compared to year-ago revenues of $56.83 million [2] - CNB has outperformed the S&P 500 with a 2.9% increase since the beginning of the year, while the S&P 500 gained 2.2% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is $0.31 on revenues of $58.2 million, and for the current fiscal year, it is $1.72 on revenues of $264.8 million [7] - The Zacks Industry Rank for Banks - Northeast is in the top 9% of over 250 Zacks industries, indicating strong performance potential [8] - Another company in the same industry, Isabella Bank Corporation (ISBA), is expected to report quarterly earnings of $0.49 per share, reflecting a year-over-year decline of 3.9%, with revenues projected at $18.6 million, an increase of 8.6% from the previous year [9]