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.
Read More…
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Phone814-765-9621
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$152.59 million
Profitability
Miscellaneous
Employees505
Next Earnings Date10/18/2019 (Estimated)
OptionableOptionable
CNB Financial (NASDAQ:CCNE) Frequently Asked Questions
What is CNB Financial's stock symbol?
CNB Financial trades on the NASDAQ under the ticker symbol "CCNE."
How often does CNB Financial pay dividends? What is the dividend yield for CNB Financial?
CNB Financial declared a quarterly dividend on Tuesday, August 13th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.17 per share on Friday, September 13th. This represents a $0.68 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Thursday, August 29th. View CNB Financial's Dividend History.
How were CNB Financial's earnings last quarter?
CNB Financial Corp (NASDAQ:CCNE) posted its quarterly earnings results on Friday, July, 19th. The bank reported $0.64 EPS for the quarter, topping the Zacks' consensus estimate of $0.61 by $0.03. The bank had revenue of $35.59 million for the quarter, compared to analysts' expectations of $33.72 million. CNB Financial had a net margin of 22.18% and a return on equity of 13.88%. View CNB Financial's Earnings History.
When is CNB Financial's next earnings date?
What price target have analysts set for CCNE?
1 equities research analysts have issued 12 month price targets for CNB Financial's stock. Their forecasts range from $31.00 to $31.00. On average, they expect CNB Financial's stock price to reach $31.00 in the next year. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for CNB Financial.
What is the consensus analysts' recommendation for CNB Financial?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CNB Financial in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CNB Financial.
What are Wall Street analysts saying about CNB Financial stock?
Here are some recent quotes from research analysts about CNB Financial stock:
- 1. According to Zacks Investment Research, "CNB Financial Corporation is a bank holding company headquartered in Clearfield, PA. It conducts business principally through County National Bank whose market area includes twenty convenient office locations in Pennsylvania. " (9/24/2019)
- 2. Boenning Scattergood analysts commented, "We view an investment in CCNE shares as a compelling purchase. We believe the move back to a build versus a buy model is likely to yield a higher return on invested capital than acquisitions. By sticking to a tried-and-true strategy with a history of positive execution, we suspect growth will smooth from recent lumpiness. The shares trade at a modest discount to peers on a 2019 P/E basis (11.1x [B&S revised] vs. 11.4x), but at a premium on tangible book (1.8x vs. 1.6x); we believe the split is caused by CNB’s relative capital position. To a certain extent, we believe the market is pricing in a capital raise, but we note that tangible book value is expected to build at an 11.9% CAGR from 2017 through 2020 − 14.3% in 2019 alone." (4/16/2019)
Has CNB Financial been receiving favorable news coverage?
Media coverage about CCNE stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. CNB Financial earned a media sentiment score of 2.1 on InfoTrie's scale. They also gave news stories about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for CNB Financial.
Are investors shorting CNB Financial?
CNB Financial saw a decline in short interest in September. As of September 30th, there was short interest totalling 91,900 shares, a decline of 11.0% from the August 30th total of 103,300 shares. Based on an average trading volume of 20,400 shares, the days-to-cover ratio is presently 4.5 days. Currently, 0.6% of the shares of the stock are sold short. View CNB Financial's Current Options Chain.
Who are some of CNB Financial's key competitors?
Some companies that are related to CNB Financial include Heartland Financial USA (HTLF), Eagle Bancorp (EGBN), First Busey (BUSE), Veritex (VBTX), Seacoast Banking Co. of Florida (SBCF), S & T Bancorp (STBA), OFG Bancorp (OFG), 1st Source (SRCE), Southside Bancshares (SBSI), FB Financial (FBK), Lakeland Financial (LKFN), Enterprise Financial Services (EFSC), TriCo Bancshares (TCBK), First Bancorp (FBNC) and Boston Private Financial (BPFH).
What other stocks do shareholders of CNB Financial own?
Who are CNB Financial's key executives?
CNB Financial's management team includes the folowing people:
- Mr. Joseph B. Bower Jr., Pres, CEO & Director (Age 55)
- Mr. Brian William Wingard, Exec. VP, CFO & Treasurer (Age 45)
- Mr. Richard L. Greslick Jr., Sec. & Director (Age 42)
- Mr. Mark D. Breakey, Sr. EVP & Chief Risk Officer (Age 60)
- Mr. Joseph E. Dell Jr., Sr. EVP & Chief Commercial Banking Officer (Age 62)
How do I buy shares of CNB Financial?
Shares of CCNE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is CNB Financial's stock price today?
One share of CCNE stock can currently be purchased for approximately $28.69.
How big of a company is CNB Financial?
CNB Financial has a market capitalization of $436.03 million and generates $152.59 million in revenue each year. The bank earns $33.72 million in net income (profit) each year or $2.21 on an earnings per share basis. CNB Financial employs 505 workers across the globe.View Additional Information About CNB Financial.
What is CNB Financial's official website?
How can I contact CNB Financial?
CNB Financial's mailing address is 1 SOUTH SECOND STREET P.O. BOX 42, CLEARFIELD PA, 16830. The bank can be reached via phone at 814-765-9621 or via email at [email protected]
MarketBeat Community Rating for CNB Financial (NASDAQ CCNE)
MarketBeat's community ratings are surveys of what our community members think about CNB Financial and other stocks. Vote "Outperform" if you believe CCNE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCNE will underperform the S&P 500 over the long term. You may vote once every thirty days.
