NASDAQ:CCNE

CNB Financial (CCNE) Stock Price, News & Analysis

$19.33
+0.14 (+0.73%)
(As of 12:12 PM ET)
Today's Range
$19.09
$19.35
50-Day Range
$18.05
$20.97
52-Week Range
$16.43
$23.40
Volume
12,050 shs
Average Volume
49,720 shs
Market Capitalization
$406.32 million
P/E Ratio
8.12
Dividend Yield
3.62%
Price Target
$22.00

CNB Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.6% Upside
$22.00 Price Target
Short Interest
Healthy
0.32% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.57
Upright™ Environmental Score
News Sentiment
0.36mentions of CNB Financial in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.59%
From $2.23 to $2.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.75 out of 5 stars

Finance Sector

83rd out of 840 stocks

State Commercial Banks Industry

21st out of 177 stocks

CCNE stock logo

About CNB Financial Stock (NASDAQ: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, and other employee benefit plans, as well as a range of wealth management services. In addition, the company invests in debt and equity securities; sells nonproprietary annuities and other insurance products; and offers small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment, as well as engages in consumer discount loan and finance business. The company was founded in 1865 and is headquartered in Clearfield, Pennsylvania.

CCNE Stock Price History

CCNE Stock News Headlines

The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
CNB: Q1 Earnings Snapshot
CNB Financial (CCNE) to Release Quarterly Earnings on Monday
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Is CNB Financial (CCNE) Stock Undervalued Right Now?
KBW Keeps Their Hold Rating on Cnb Financial (CCNE)
CCNE Mar 2024 12.500 call
CNB Financial Corp CCNE
See More Headlines
Receive CCNE Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for CNB Financial and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
10/23/2023
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
4/23/2024
Next Earnings (Estimated)
7/18/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:CCNE
CUSIP
12612810
Employees
765
Year Founded
1865

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$22.00
Low Stock Price Target
$22.00
Potential Upside/Downside
+14.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$58.02 million
Pretax Margin
21.96%

Debt

Sales & Book Value

Annual Sales
$327.03 million
Cash Flow
$3.08 per share
Book Value
$24.57 per share

Miscellaneous

Free Float
20,417,000
Market Cap
$403.37 million
Optionable
Optionable
Beta
0.78

Social Links

These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

Key Executives

  • Mr. Michael D. Peduzzi CPA (Age 58)
    President, CEO & Director
    Comp: $735.26k
  • Mr. Tito L. Lima (Age 59)
    Senior EVP, CFO & Treasurer
    Comp: $470.08k
  • Mr. Richard L. Greslick Jr. (Age 47)
    Senior Executive VP, COO, Secretary & Director
    Comp: $452.43k
  • Ms. Leanne D. Kassab (Age 56)
    Senior Executive VP, Chief Experience Officer & Assistant Secretary
    Comp: $407.8k
  • Mr. Martin T. Griffith (Age 61)
    Senior EVP & Chief Banking Officer
    Comp: $438.51k
  • Mr. Steven R. Shaffner Shilling (Age 53)
    Executive VP & Chief Wealth Management Officer
  • Mr. Gregory M. Dixon CPA (Age 46)
    Executive VP & Chief Credit Officer
  • Ms. Angela D. Wilcoxson (Age 53)
    Executive VP & Chief Commercial Banking Officer
  • Ms. Heather J. Koptchak (Age 39)
    Senior VP & Chief Employee Resources Officer
  • Mr. Darryl P. Koch (Age 38)
    Executive VP and Chief Information Technology & Security Officer

CCNE Stock Analysis - Frequently Asked Questions

Should I buy or sell CNB Financial stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CNB Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CCNE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCNE, but not buy additional shares or sell existing shares.
View CCNE analyst ratings
or view top-rated stocks.

What is CNB Financial's stock price target for 2024?

1 equities research analysts have issued 1 year target prices for CNB Financial's shares. Their CCNE share price targets range from $22.00 to $22.00. On average, they predict the company's share price to reach $22.00 in the next year. This suggests a possible upside of 14.6% from the stock's current price.
View analysts price targets for CCNE
or view top-rated stocks among Wall Street analysts.

How have CCNE shares performed in 2024?

CNB Financial's stock was trading at $22.59 at the start of the year. Since then, CCNE shares have decreased by 15.1% and is now trading at $19.19.
View the best growth stocks for 2024 here
.

Are investors shorting CNB Financial?

CNB Financial saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 67,600 shares, a decline of 21.4% from the March 15th total of 86,000 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is presently 1.4 days.
View CNB Financial's Short Interest
.

When is CNB Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our CCNE earnings forecast
.

How were CNB Financial's earnings last quarter?

CNB Financial Co. (NASDAQ:CCNE) issued its earnings results on Monday, October, 23rd. The bank reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The bank had revenue of $83.38 million for the quarter, compared to the consensus estimate of $55.20 million. CNB Financial had a trailing twelve-month return on equity of 10.85% and a net margin of 15.96%.

How often does CNB Financial pay dividends? What is the dividend yield for CNB Financial?

CNB Financial declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.175 per share on Friday, March 15th. This represents a $0.70 annualized dividend and a yield of 3.65%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for CCNE
.

Is CNB Financial a good dividend stock?

CNB Financial (NASDAQ:CCNE) pays an annual dividend of $0.70 per share and currently has a dividend yield of 3.74%. The dividend payout ratio is 29.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CCNE will have a dividend payout ratio of 26.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CCNE.

What is Joseph B. Bower Jr.'s approval rating as CNB Financial's CEO?

5 employees have rated CNB Financial Chief Executive Officer Joseph B. Bower Jr. on Glassdoor.com. Joseph B. Bower Jr. has an approval rating of 76% among the company's employees. 71.0% of employees surveyed would recommend working at CNB Financial to a friend.

What other stocks do shareholders of CNB Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CNB Financial investors own include AT&T (T), Broadcom (AVGO), Enterprise Products Partners (EPD), Walgreens Boots Alliance (WBA), AbbVie (ABBV), Cinemark (CNK), General Motors (GM), GSK (GSK), Main Street Capital (MAIN) and Methanex (MEOH).

Who are CNB Financial's major shareholders?

CNB Financial's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (0.64%). Insiders that own company stock include Deborah Dick Pontzer, Francis X Straub III, Heather J Koptchak, Jeffrey S Powell, Joel E Peterson, Julie M Young, Julie M Young, Mary Ann Conaway, Michael D Peduzzi, Michael D Peduzzi, N Michael Obi, Nicholas N Jr Scott, Peter F Smith, Renee Richard and Tito L Lima.
View institutional ownership trends
.

How do I buy shares of CNB Financial?

Shares of CCNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CCNE) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners