Company: CCNE
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000736772-25-000202
Chunk: 251

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-11-05
Form: 10-Q
Item: Item 8
Chunk 251
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20,997 23,165 20,994 Less: Average participating securities209 155 166 162 Weighted average shares27,179 20,842 22,999 20,832 Adjusted basic earnings per common share (non-GAAP)$0.82 $0.61 $2.05 $1.73 Adjusted diluted earnings per common share computation (non-GAAP):Adjusted net income available to common shareholders allocated to common stock (non-GAAP)$22,350 $12,777 $47,198 $35,994 Weighted average common shares outstanding for basic earnings per common share27,179 20,842 22,999 20,832 Add: dilutive effect of stock compensation101 70 76 64 Weighted average shares and dilutive potential common shares27,280 20,912 23,075 20,896 Adjusted diluted earnings per common share (non-GAAP)$0.82 $0.61 $2.05 $1.72 

(unaudited)(unaudited)Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024Calculation of dividend payout ratio:Cash dividends per common share$0.180 $0.180 $0.540 $0.530 Diluted earnings per common share0.22 0.61 1.26 1.72 Dividend payout ratio81.82 %29.51 %42.86 %30.81 %Adjusted calculation of dividend payout ratio (non-GAAP):Cash dividends per common share$0.180 $0.180 $0.540 $0.530 Adjusted diluted earnings per common share (non-GAAP)0.82 0.61 2.05 1.72 Adjusted dividend payout ratio (non-GAAP)21.95 %29.51 %26.34 %30.81 %

80

NON-GAAP FINANCIAL MEASURES (continued)

(unaudited)(unaudited)Three Months EndedNine Months EndedSeptember 30,September 30,2025202420252024Calculation of return on average assets: Net income$7,045 $13,954 $32,482 $39,511 Average total assets$7,783,995 $5,907,115 $