CNB Community Bancorp Q4 net income rises
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CNB Community Bancorp reported a 27.1% year-over-year increase in Q4 net income, reaching $3.10 million, with basic EPS rising to $1.56 from $1.20. The growth was driven by higher net interest income and reduced compensation expenses, although partially offset by increased credit loss provisions. The company's return on equity (ROE) for Q4 was 11.66%. No specific financial guidance for future periods was provided in the press release.
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