CLEARFIELD, Pa. (AP) — CLEARFIELD, Pa. (AP) — CNB Financial Corp. (CCNE) on Monday reported first-quarter profit of $12.6 million.

The Clearfield, Pennsylvania-based bank said it had earnings of 55 cents per share.

The bank holding company posted revenue of $86.9 million in the period. Its revenue net of interest expense was $54.2 million, which missed Street forecasts.

CNB shares have dropped 16% since the beginning of the year. In the final minutes of trading on Monday, shares hit $18.99, an increase of 2.5% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCNE at https://www.zacks.com/ap/CCNE