CNB Financial Corporation (CCNE)

NASDAQ: CCNE · IEX Real-Time Price · USD
18.31
+0.26 (1.44%)
Apr 18, 2024, 4:00 PM EDT - Market closed
1.44%
Market Cap 384.96M
Revenue (ttm) 217.17M
Net Income (ttm) 53.72M
Shares Out 21.02M
EPS (ttm) 2.55
PE Ratio 7.18
Forward PE 7.96
Dividend $0.70 (3.82%)
Ex-Dividend Date Feb 29, 2024
Volume 67,456
Open 18.05
Previous Close 18.05
Day's Range 17.97 - 18.44
52-Week Range 16.43 - 23.40
Beta 0.76
Analysts Hold
Price Target 22.00 (+20.15%)
Earnings Date Apr 15, 2024

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 private banking; and wealth and asset management services, including the administration of trusts and estates, retirement plans, ... [Read more]

Sector Financials
Founded 1865
Employees 765
Stock Exchange NASDAQ
Ticker Symbol CCNE
Full Company Profile

Financial Performance

In 2023, CNB Financial's revenue was $217.17 million, an increase of 0.62% compared to the previous year's $215.84 million. Earnings were $53.72 million, a decrease of -8.78%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CCNE stock is "Hold" and the 12-month stock price forecast is $22.0.

Price Target
$22.0
(20.15% upside)
Analyst Consensus: Hold
Stock Forecasts

News

CNB Financial Corporation Reports First Quarter 2024 Results

CLEARFIELD, Pa., April 15, 2024 (GLOBE NEWSWIRE) -- CNB Financial Corporation (“Corporation”) (NASDAQ: CCNE), the parent company of CNB Bank, today announced its earnings for the three months ended Ma...

3 days ago - GlobeNewsWire

CNB Financial Corporation Announces Quarterly Dividend for Common Stock

CLEARFIELD, Pa., Feb. 13, 2024 (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 ...

2 months ago - GlobeNewsWire

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

CLEARFIELD, Pa., Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend of ...

2 months ago - GlobeNewsWire

CNB Financial Corporation Reports Fourth Quarter and Full-Year 2023 Results

CLEARFIELD, Pa., Jan. 23, 2024 (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...

3 months ago - GlobeNewsWire

CNB Financial Corporation Board Elects Jeffrey Powell as Chairperson

CLEARFIELD, Pa., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Jeffrey S. Powell, a member of the CNB Financial Corporation and CNB Bank Boards of Directors, was elected Chairperson of both Boards by his fellow D...

5 months ago - GlobeNewsWire

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

CLEARFIELD, Penn., Nov. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of CNB Financial Corporation (Nasdaq: CCNE) (the "Corporation") has announced the declaration of a quarterly cash dividend o...

6 months ago - GlobeNewsWire

CNB Financial Corporation Reports Third Quarter 2023 Results

CLEARFIELD, Penn., Oct. 23, 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 a...

6 months ago - GlobeNewsWire

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...

8 months ago - Business Wire

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...

9 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...

9 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 $...

1 year 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...

1 year 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...

1 year 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 ...

1 year 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...

1 year 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 ...

2 years 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
2 years 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...

2 years 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...

2 years ago - GlobeNewsWire