CNB Financial Corporation (CCNEP) Q4 2024 Earnings Report

Revenue: $92.674 million (YoY +4.90%, QoQ -0.37%)
Gross Profit: $55.110 million; Gross margin (gross profit/revenue) ≈ 59.47% for QQ4 2024
Operating Income: $18.630 million; Operating margin ≈ 20.10%
EBITDA: $21.038 million; EBITDA margin ≈ 22.70%
Net Income: $15.064 million; Net margin ≈ 16.25%
EPS (GAAP): $0.67; Diluted EPS: $0.66; Weighted avg shares ≈ 20.99 million
Tax rate (income tax expense / income before tax): ≈ 19.1%
Balance Sheet (selected): Total assets $6.192 billion; Total liabilities $5.581 billion; Total stockholders' equity $610.7 million; Cash & cash equivalents $443.0 million; Short-term investments $403.5 million; Long-term debt $145.5 million
Cash Flow: Net cash provided by operating activities $22.241 million; Free cash flow $18.848 million; Net cash provided by financing activities $149.571 million; Net cash used in investing activities $(89.686) million; Ending cash balance $443.035 million
Liquidity & Leverage: Current ratio ≈ 0.157 (Total current assets $846.542 million vs. total current liabilities $5,371.364 million); Long-term debt $145.505 million; Debt-to-capitalization ≈ 19.2%; Interest coverage ≈ 0.54x (EBIT of $18.63m vs. interest expense $34.63m)
Payout & Shareholder Return: Dividend payout ratio ≈ 32.2% of net income; Share repurchases: 10,000 shares during the period
Notes: All figures are USD and sourced from the QQ4 2024 10-Q/securities filings data provided.