CNB Financial (CCNE) Projected to Post Earnings on Monday

CNB Financial (NASDAQ:CCNE - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Monday, April 14th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $54.05 million for the quarter.

CNB Financial (NASDAQ:CCNE - Get Free Report) last issued its earnings results on Monday, April 14th. The bank reported $0.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.53 by $0.04. The business had revenue of $57.55 million during the quarter, compared to the consensus estimate of $54.05 million. CNB Financial had a return on equity of 10.24% and a net margin of 14.97%. On average, analysts expect CNB Financial to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

CNB Financial Trading Up 0.6 %

Shares of CCNE stock traded up $0.13 on Friday, hitting $21.37. 90,927 shares of the stock traded hands, compared to its average volume of 58,335. CNB Financial has a twelve month low of $18.03 and a twelve month high of $29.29. The stock has a market capitalization of $448.34 million, a PE ratio of 8.98 and a beta of 0.53. The firm's 50-day moving average price is $23.02 and its two-hundred day moving average price is $24.80. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.94 and a current ratio of 0.95.

CNB Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.37%. The ex-dividend date was Friday, February 28th. CNB Financial's payout ratio is presently 30.90%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. StockNews.com cut CNB Financial from a "buy" rating to a "hold" rating in a research note on Friday, February 14th. Keefe, Bruyette & Woods reduced their price objective on shares of CNB Financial from $27.00 to $25.00 and set a "market perform" rating on the stock in a report on Wednesday. Finally, Stephens began coverage on shares of CNB Financial in a research note on Monday. They set an "overweight" rating and a $26.50 target price for the company.

CNB Financial Company Profile

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.