CNB Financial (CCNE) to Release Earnings on Thursday

CNB Financial (NASDAQ:CCNE - Get Free Report) will likely be releasing its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect CNB Financial to post earnings of $0.58 per share and revenue of $49.97 million for the quarter.

CNB Financial (NASDAQ:CCNE - Get Free Report) last announced its earnings results on Monday, April 14th. The bank reported $0.57 earnings per share for the quarter, topping the consensus estimate 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 9.80% and a net margin of 14.50%. 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 Price Performance

Shares of CCNE stock traded down $0.54 during trading hours on Friday, hitting $23.68. 100,873 shares of the company's stock were exchanged, compared to its average volume of 64,928. The company has a quick ratio of 0.92, a current ratio of 0.92 and a debt-to-equity ratio of 0.19. The firm has a market cap of $496.81 million, a P/E ratio of 10.16 and a beta of 0.64. The firm has a 50 day moving average of $22.58 and a two-hundred day moving average of $23.23. CNB Financial has a fifty-two week low of $19.32 and a fifty-two week high of $29.29.

CNB Financial Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.04%. The ex-dividend date of this dividend was Friday, May 30th. CNB Financial's payout ratio is 30.90%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Stephens assumed coverage on CNB Financial in a research note on Monday, April 14th. They set an "overweight" rating and a $26.50 target price for the company. Keefe, Bruyette & Woods upped their target price on CNB Financial from $25.00 to $26.00 and gave the stock a "market perform" rating in a research note on Friday.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in CNB Financial by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,271 shares of the bank's stock valued at $273,000 after purchasing an additional 546 shares in the last quarter. Jane Street Group LLC purchased a new position in CNB Financial in the 1st quarter valued at $714,000. AQR Capital Management LLC lifted its holdings in CNB Financial by 201.7% in the 1st quarter. AQR Capital Management LLC now owns 43,890 shares of the bank's stock valued at $977,000 after purchasing an additional 29,343 shares in the last quarter. Finally, Empowered Funds LLC lifted its holdings in CNB Financial by 7.4% in the 1st quarter. Empowered Funds LLC now owns 77,776 shares of the bank's stock valued at $1,731,000 after purchasing an additional 5,370 shares in the last quarter. Hedge funds and other institutional investors own 52.35% of the company's stock.

About CNB Financial

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.