Company: CCNE
Filing Date: 2025-04-15
Form Type: 425
Source: 0001193125-25-080836
Chunk: 6

Company: CNB FINANCIAL CORP/PA
Filing Date: 2025-04-15
Form: 425
Chunk 6
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2024 (1) DILUTED EARNINGS PER SHARE $3.50 $3.26 $3.16 $3.00 $2.55 $2.39 $2.50 $1.97 $2.00 $1.50 $1.00 $0.50 $- 2020 2021 2022 2023 2024 (1) Return on average assets, return on average equity, and diluted earnings per share include merger costs, Federal Home Loan Bank (“FHLB”) prepayment penalties and 5 branch closure costs in 2020.

EARNINGS TRENDS (2) (1)(2) NET INTEREST MARGIN (NIM) EFFICIENCY RATIO Efficiency Ratio Efficiency Ratio - Fully Tax Equiv. NIM NIM Fully Tax Equiv. 80% 3.90% 3.83% 3.82% 3.80% 3.70% 70% 3.63% 3.61% 65.94% 66.20% 65.13% 3.60% 65.47% 61.32% 65.10% 60.26% 3.50% 64.45% 3.41% 60% 3.39% 3.38% 60.87% 3.40% 3.35% 59.76% 3.34% 3.29% 3.30% 50% 3.20% 3.10% 3.00% 40% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 (1) Efficiency ratio includes merger costs, FHLB prepayment penalties and branch closure costs in 2020. (2) Net interest margin fully tax equivalent and efficiency ratio fully tax equivalent are non-GAAP financial measures – see Appendix for 6 reconciliations.

CREDIT QUALITY (1) NONPERFORMING ASSETS TO TOTAL ASSETS NET CHARGE-OFFS TO LOANS 1.25% 0.25% 0.21% 0.96% 1.00% 0.20% 0.17% 0.75% 0.67% 0.15% 0.55% 0.43% 0.10%