CNB FINANCIAL CORP/PA Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Basic earnings per common share computation | |||||||||||||||||
| Net income per consolidated statements of income | $ | 61,829 | $ | 50,273 | $ | 53,718 | |||||||||||
| Less: Net earnings allocated to participating securities | (476) | (388) | (283) | ||||||||||||||
| Net earnings allocated to common stock | $ | 61,353 | $ | 49,885 | $ | 53,435 | |||||||||||
| Distributed earnings allocated to common stock | $ | 18,013 | $ | 14,785 | $ | 14,607 | |||||||||||
| Undistributed earnings allocated to common stock | 43,340 | 35,100 | 38,828 | ||||||||||||||
| Net earnings allocated to common stock | $ | 61,353 | $ | 49,885 | $ | 53,435 | |||||||||||
| Weighted average common shares outstanding, including shares considered participating securities | 24,755 | 20,993 | 21,010 | ||||||||||||||
| Less: Average participating securities | (169) | (155) | (106) | ||||||||||||||
| Weighted average shares | 24,586 | 20,838 | 20,904 | ||||||||||||||
| Basic earnings per common share | $ | 2.50 | $ | 2.39 | $ | 2.56 | |||||||||||
| Diluted earnings per common share computation | |||||||||||||||||
| Net earnings allocated to common stock | $ | 61,353 | $ | 49,885 | $ | 53,435 | |||||||||||
| Weighted average common shares outstanding for basic earnings per common share | 24,586 | 20,838 | 20,904 | ||||||||||||||
| Add: Dilutive effects of performance based-shares | 83 | 62 | 40 | ||||||||||||||
| Weighted average shares and dilutive potential common shares | 24,669 | 20,900 | 20,944 | ||||||||||||||
| Diluted earnings per common share | $ | 2.49 | $ | 2.39 | $ | 2.55 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 11, 2026 | Showing above |
| 2024 | Mar 6, 2025 | |
| 2023 | Mar 7, 2024 | |
| 2022 | Mar 3, 2023 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.