CNB Financial Corporation (CCNE)
| 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]
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 StatementsAnalyst Forecast
According to one analyst, the rating for CCNE stock is "Hold" and the 12-month stock price forecast is $24.0.
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...
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 ...
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 ...
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...
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...
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 $...
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...
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...
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 ...
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...
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 ,...
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...
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...
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...
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 ...
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...
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 ...
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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...
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...
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...
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...
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...
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...
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...