CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers.
No risks detected for CCNE from our risk checks.
CNB Financial Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$24.87|
|52 Week High||US$14.47|
|52 Week Low||US$26.85|
|1 Month Change||-0.44%|
|3 Month Change||9.90%|
|1 Year Change||67.93%|
|3 Year Change||-11.84%|
|5 Year Change||22.51%|
|Change since IPO||196.07%|
Recent News & Updates
|CCNE||US Banks||US Market|
Return vs Industry: CCNE underperformed the US Banks industry which returned 79.6% over the past year.
Return vs Market: CCNE exceeded the US Market which returned 32.8% over the past year.
Stable Share Price: CCNE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: CCNE's weekly volatility (3%) has been stable over the past year.
About the Company
CNB Financial Corporation operates as the bank holding company for CNB Bank that provides a range of banking products and services for individual, business, governmental, and institutional customers. The company accepts checking, savings, and time deposit accounts; and offers real estate, commercial, industrial, residential, and consumer loans, as well as various other specialized financial services. It also provides trust and asset management services, including the administration of trusts and estates, retirement plans, and other employee benefit plans, as well as a range of wealth management services.
CNB Financial Fundamentals Summary
|CCNE fundamental statistics|
Is CCNE overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|CCNE income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.40|
|Net Profit Margin||23.45%|
How did CCNE perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is CNB Financial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCNE ($24.87) is trading below our estimate of fair value ($57.07)
Significantly Below Fair Value: CCNE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCNE is good value based on its PE Ratio (10.3x) compared to the US Banks industry average (11.2x).
PE vs Market: CCNE is good value based on its PE Ratio (10.3x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: CCNE is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: CCNE's PB Ratio (1.1x) is in line with the US Banks industry average.
How is CNB Financial forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCNE's forecast earnings growth (9.9% per year) is above the savings rate (2%).
Earnings vs Market: CCNE's earnings (9.9% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: CCNE's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if CCNE's revenue is forecast to grow faster than the US market.
High Growth Revenue: Insufficient data to determine if CCNE's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CCNE's Return on Equity is forecast to be low in 3 years time (11.6%).
How has CNB Financial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCNE has high quality earnings.
Growing Profit Margin: CCNE's current net profit margins (23.5%) are lower than last year (28.1%).
Past Earnings Growth Analysis
Earnings Trend: CCNE's earnings have grown by 13.8% per year over the past 5 years.
Accelerating Growth: CCNE's earnings growth over the past year (7%) is below its 5-year average (13.8% per year).
Earnings vs Industry: CCNE earnings growth over the past year (7%) underperformed the Banks industry 36%.
Return on Equity
High ROE: CCNE's Return on Equity (10.2%) is considered low.
How is CNB Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: CCNE's Assets to Equity ratio (12x) is moderate.
Allowance for Bad Loans: CCNE has a sufficient allowance for bad loans (112%).
Low Risk Liabilities: 95% of CCNE's liabilities are made up of primarily low risk sources of funding.
Loan Level: CCNE has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: CCNE's Loans to Deposits ratio (76%) is appropriate.
Level of Bad Loans: CCNE has an appropriate level of bad loans (0.9%).
What is CNB Financial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCNE's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.3%).
High Dividend: CCNE's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: CCNE's dividends per share have been stable in the past 10 years.
Growing Dividend: CCNE's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (28.2%), CCNE's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCNE's dividends in 3 years are forecast to be well covered by earnings (21.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joe Bower (57 yo)
Mr. Joseph B. Bower, Jr. also known as Joe, has been the Chief Executive Officer of CNB Financial Corporation since January 1, 2010 and has been its Director since April 19, 2005. Mr. Bower serves as the C...
CEO Compensation Analysis
Compensation vs Market: Joe's total compensation ($USD1.61M) is about average for companies of similar size in the US market ($USD1.68M).
Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.
Experienced Management: CCNE's management team is seasoned and experienced (6.1 years average tenure).
Experienced Board: CCNE's board of directors are considered experienced (9.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCNE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CNB Financial Corporation's employee growth, exchange listings and data sources
- Name: CNB Financial Corporation
- Ticker: CCNE
- Exchange: NasdaqGS
- Founded: 1865
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$418.257m
- Shares outstanding: 16.82m
- Website: https://www.cnbbank.bank
Number of Employees
- CNB Financial Corporation
- 1 South Second Street
- PO Box 42
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 22:58|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.