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CCNE

CNB Financial NasdaqGS:CCNE Stock Report

Last Price

US$23.63

Market Cap

US$497.0m

7D

-5.7%

1Y

-2.9%

Updated

29 Sep, 2022

Data

Company Financials +
CCNE fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

CCNE Stock Overview

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.

CNB Financial Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for CNB Financial
Historical stock prices
Current Share PriceUS$23.63
52 Week HighUS$28.59
52 Week LowUS$23.05
Beta0.84
1 Month Change-11.50%
3 Month Change-3.83%
1 Year Change-2.92%
3 Year Change-15.58%
5 Year Change-15.43%
Change since IPO181.31%

Recent News & Updates

Sep 15

CNB Financial dips 5.6% on $87M public offering

CNB Financial (NASDAQ:CCNE), the parent company of CNB Bank commenced an underwritten public offering of $87M of its common stock. Underwriters have a 30-day option to purchase an aggregate of up to an additional 15% shares. Net proceeds from the offering for general corporate purposes, which may include working capital and the funding of organic growth or potential acquisitions. Stock drops 5.6% during after market hours.

Aug 13
CNB Financial (NASDAQ:CCNE) Has Affirmed Its Dividend Of $0.175

CNB Financial (NASDAQ:CCNE) Has Affirmed Its Dividend Of $0.175

The board of CNB Financial Corporation ( NASDAQ:CCNE ) has announced that it will pay a dividend on the 15th of...

Shareholder Returns

CCNEUS BanksUS Market
7D-5.7%-4.2%-3.1%
1Y-2.9%-23.9%-21.5%

Return vs Industry: CCNE exceeded the US Banks industry which returned -23.8% over the past year.

Return vs Market: CCNE exceeded the US Market which returned -20.3% over the past year.

Price Volatility

Is CCNE's price volatile compared to industry and market?
CCNE volatility
CCNE Average Weekly Movement3.9%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.8%

Stable Share Price: CCNE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CCNE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1865681Joe Bowerhttps://www.cnbbank.bank

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 wealth 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 Corporation Fundamentals Summary

How do CNB Financial's earnings and revenue compare to its market cap?
CCNE fundamental statistics
Market CapUS$497.01m
Earnings (TTM)US$55.69m
Revenue (TTM)US$199.95m

8.9x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCNE income statement (TTM)
RevenueUS$199.95m
Cost of RevenueUS$0
Gross ProfitUS$199.95m
Other ExpensesUS$144.25m
EarningsUS$55.69m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.65
Gross Margin100.00%
Net Profit Margin27.85%
Debt/Equity Ratio24.8%

How did CCNE perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

21%

Payout Ratio