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Stock Market & Financial Investment News

News Breaks
February 3, 2014
07:59 EDTCCNECNB Financial upgraded to Outperform from Neutral at Boenning & Scattergood
Boenning upgraded CNB Financial due to valuation and the 4.1% dividend yield. Price target is $19.50.
News For CCNE From The Last 14 Days
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January 29, 2016
11:07 EDTCCNECNB Financial reports Q4 EPS 38c, one estimate 38c
The provision for loan losses was $668K and $282K for the three months ended December 31, 2015 and 2014, respectively, as a result of strong organic loan growth during the quarter. During the fourth quarter, CNB charged off a commercial real estate loan in the amount of $486K, which was fully reserved as of September 30, 2015. In addition, there were no new impaired loans in the fourth quarter that required a significant loan loss reserve, and no material revisions were required for loan loss reserves of existing impaired loans.

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