CNB Financial Corporation (CCNE)

NASDAQ: CCNE · IEX Real-Time Price · USD
17.85
+0.10 (0.56%)
At close: Sep 22, 2023, 4:00 PM
17.50
-0.35 (-1.96%)
After-hours: Sep 22, 2023, 4:21 PM EDT
0.56%
Market Cap 374.77M
Revenue (ttm) 221.21M
Net Income (ttm) 58.52M
Shares Out 21.00M
EPS (ttm) 2.91
PE Ratio 6.13
Forward PE 8.25
Dividend $0.70 (3.92%)
Ex-Dividend Date Aug 31, 2023
Volume 26,424
Open 17.77
Previous Close 17.75
Day's Range 17.68 - 17.95
52-Week Range 16.43 - 26.60
Beta 0.86
Analysts Hold
Price Target 24.00 (+34.45%)
Earnings Date Oct 17, 2023

About CCNE

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 be... [Read more]

Sector Financials
Founded 1865
Employees 722
Stock Exchange NASDAQ
Ticker Symbol CCNE
Full Company Profile

Financial Performance

In 2022, CNB Financial's revenue was $215.84 million, an increase of 15.29% compared to the previous year's $187.21 million. Earnings were $58.89 million, an increase of 10.26%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CCNE stock is "Hold" and the 12-month stock price forecast is $24.0.

Price Target
$24.0
(34.45% upside)
Analyst Consensus: Hold
Stock Forecasts

News

KBRA Releases Surveillance Report for CNB Financial Corporation

NEW YORK--(BUSINESS WIRE)-- #KBRA--On July 21, 2023, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Clearfield, P...

6 weeks ago - Business Wire

CNB Financial Corporation Announces Quarterly Dividend for Common Stock

CLEARFIELD, Pa., Aug. 08, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.175 per share of common stock payable on ...

6 weeks ago - GlobeNewsWire

CNB Financial Corporation Announces Quarterly Dividend for Series A Preferred Stock and Related Depositary Shares Distribution

CLEARFIELD, Pa., Aug. 03, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of ...

7 weeks ago - GlobeNewsWire

KBRA Affirms Ratings for CNB Financial Corporation

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA affirms the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Clearfield, Pennsylvania-based C...

2 months ago - Business Wire

CNB Financial Corporation Reports Second Quarter 2023 Results

CLEARFIELD, Pa., July 20, 2023 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three and...

2 months ago - GlobeNewsWire

CNB Financial Corporation Announces Quarterly Dividend For Series A Preferred Stock and Related Depositary Shares Distribution

CLEARFIELD, Pa., May 04, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of $...

5 months ago - GlobeNewsWire

CNB Financial Corporation Reports First Quarter 2023 Results

CLEARFIELD, Pa., April 17, 2023 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three mo...

5 months ago - GlobeNewsWire

CNB Financial Corporation Reports Full-Year 2022 Earnings Per Share of $3.26 Compared to $3.16 For Full-Year 2021

CLEARFIELD, Pa., Jan. 19, 2023 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the twelve an...

8 months ago - GlobeNewsWire

CNB Bank Introduces Women-Focused, Impressia Bank

CLEARFIELD, Pa., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Together, Michael Peduzzi, President and CEO of CNB Bank, and Angela Wilcoxson, EVP/Chief Commercial Banking Officer, have announced plans to launch ...

10 months ago - GlobeNewsWire

Michael Peduzzi Appointed to CNB Financial Corporation Board of Directors

CLEARFIELD, Pa., Nov. 09, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced that Michael Peduzzi, currently the Vice President of CNB...

11 months ago - GlobeNewsWire

5 Stocks Insiders Are Buying in October

According to the Insider Cluster Buys screen, a Premium feature of GuruFocus, five stocks that had a high number of company insiders buying shares over the past month were CNB Financial Corp. ( CCNE ,...

Other symbols: CABAEVAMBINPLAY
1 year ago - GuruFocus

CNB Financial Corporation Reports Third Quarter 2022 Earnings Per Share of $0.90 Compared to $0.82 for Third Quarter 2021

CLEARFIELD, Penn., Oct. 18, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter...

1 year ago - GlobeNewsWire

CNB Financial Corporation Announces Pricing of Public Offering of Common Stock

CLEARFIELD, Pa., Sept. 16, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced today the pricing of its underwritten public offering of...

1 year ago - GlobeNewsWire

CNB Financial Corporation Announces Proposed Public Offering of $87 Million of its Common Stock

CLEARFIELD, Pa., Sept. 15, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced today that it has commenced an underwritten public offer...

1 year ago - GlobeNewsWire

CNB Financial Corporation Announces Quarterly Dividend For Common Stock

CLEARFIELD, Pa., Aug. 09, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) declared a quarterly cash dividend of $0.175 per share of common stock payable on ...

1 year ago - GlobeNewsWire

CNB Financial Corporation Reports Second Quarter 2022 Earnings Per Share Of $0.85 Compared To $0.76 For Second Quarter 2021

CLEARFIELD, Pa., July 19, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter a...

1 year ago - GlobeNewsWire

CNB Financial Corporation Reports First Quarter 2022 Earnings Per Share of $0.84 Compared to $0.78 for First Quarter 2021

CLEARFIELD, Pa., April 18, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter ...

1 year ago - GlobeNewsWire

3 Banks With Solid Records of Sales, Earnings Growth

Investors may want to consider the stocks listed below since they meet the following value criteria:

Other symbols: BWBSMBC
1 year ago - GuruFocus

CNB Announces CEO Retirement and Transition Plans

CLEARFIELD, Pa., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Together, Peter F. Smith, Chairman of the Board of Directors for CNB Bank and CNB Financial Corporation, and Joseph B. Bower, Jr., CEO of CNB Bank an...

1 year ago - GlobeNewsWire

CNB Financial Corporation Reports Record Earnings Per Share of $3.16 for the Full-Year 2021

CLEARFIELD, Pa., Jan. 24, 2022 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter a...

1 year ago - GlobeNewsWire

Montler Retires From CNB Financial Corporation Board of Directors

CLEARFIELD, Pa., Oct. 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation and CNB Bank recently announced the retirement of Robert W. Montler following 16 years as a membe...

2 years ago - GlobeNewsWire

CNB Financial Corporation Reports Third Quarter 2021 Earnings Per Share of $0.82 Compared to $0.47 for Third Quarter 2020

CLEARFIELD, Pa., Oct. 25, 2021 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB” or the “Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the quarter a...

2 years ago - GlobeNewsWire

CNB Financial Corporation Completes Redemption of Its 5.75% Fixed-to-Floating Rate Subordinated Notes Due 2026

CLEARFIELD, Pa., Oct. 18, 2021 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced today that, on October 15, 2021, the Corporation complete...

2 years ago - GlobeNewsWire

Peduzzi to Become President & Chief Operating Officer of CNB Bank

CLEARFIELD, Pa., Aug. 31, 2021 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“CNB”) (NASDAQ: CCNE), the parent company of CNB Bank, announced today that Michael D. Peduzzi has been appointed as Presi...

2 years ago - GlobeNewsWire

CNB Financial Announces Quarterly Dividend for Common Stock

CLEARFIELD, Pa, Aug. 10, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a $0.17 per share of common st...

2 years ago - GlobeNewsWire