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CCNE

CCNE - CNB Financial Corp-PA Stock Price, Fair Value and News

19.40USD+0.38 (+2.00%)Market Closed

Market Summary

CCNE
USD19.40+0.38
Market Closed
2.00%

CCNE Stock Price

View Fullscreen

CCNE RSI Chart

CCNE Valuation

Market Cap

407.5M

Price/Earnings (Trailing)

7.53

Price/Sales (Trailing)

1.34

EV/EBITDA

0.73

Price/Free Cashflow

9.1

CCNE Price/Sales (Trailing)

CCNE Profitability

EBT Margin

21.92%

Return on Equity

9.35%

Return on Assets

0.93%

Free Cashflow Yield

10.99%

CCNE Fundamentals

CCNE Revenue

Revenue (TTM)

305.0M

Rev. Growth (Yr)

16.9%

Rev. Growth (Qtr)

-1.65%

CCNE Earnings

Earnings (TTM)

54.1M

Earnings Growth (Yr)

-23.59%

Earnings Growth (Qtr)

-9.85%

Breaking Down CCNE Revenue

Last 7 days

0.9%

Last 30 days

-0.8%

Last 90 days

-6.4%

Trailing 12 Months

9.4%

How does CCNE drawdown profile look like?

CCNE Financial Health

Debt/Equity

0.15

Debt/Cashflow

0.65

CCNE Investor Care

Dividend Yield

3.61%

Dividend/Share (TTM)

0.7

Buy Backs (1Y)

0.28%

Diluted EPS (TTM)

2.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024305.0M000
2023234.1M256.7M276.9M293.7M
2022181.6M187.8M197.6M213.7M
2021171.4M176.8M179.9M179.6M
2020159.1M158.9M161.1M167.2M
2019139.2M145.4M151.5M155.7M
2018113.2M118.3M124.2M131.9M
201797.4M101.9M105.0M108.9M
201687.6M88.8M91.5M94.3M
201587.1M87.0M87.7M87.2M
201476.1M80.8M84.9M86.9M
201368.0M67.6M67.9M71.4M
201266.8M67.6M68.0M68.1M
201162.7M63.8M64.8M65.7M
2010057.6M59.4M61.1M
200900055.9M
Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of CNB Financial Corp-PA

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 26, 2024
dixon gregory m
acquired
20,688
21.35
969
evp/chief credit officer
Feb 26, 2024
shilling steven r shaffner
sold (taxes)
-7,920
21.35
-371
evp/chief wealth mngt officer
Feb 26, 2024
griffith martin t.
sold (taxes)
-12,831
21.35
-601
sevp/chief banking officer
Feb 26, 2024
lima tito l
acquired
31,064
21.35
1,455
sevp/cfo
Feb 26, 2024
wilcoxson angela d.
acquired
10,354
21.35
485
evp/chief commercial banking
Feb 26, 2024
lima tito l
sold (taxes)
-10,632
21.35
-498
sevp/cfo
Feb 26, 2024
shilling steven r shaffner
acquired
23,463
21.35
1,099
evp/chief wealth mngt officer
Feb 26, 2024
wilcoxson angela d.
sold (taxes)
-3,672
21.35
-172
evp/chief commercial banking
Feb 26, 2024
greslick richard lee jr.
acquired
58,691
21.35
2,749
secretary, senior evp
Feb 26, 2024
kassab leanne d
acquired
31,064
21.35
1,455
sevp/chief experience officer

1–10 of 50

Which funds bought or sold CCNE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
 -%
May 01, 2024
BNP PARIBAS FINANCIAL MARKETS
added
73.87
219,195
604,196
 -%
Apr 30, 2024
Avior Wealth Management, LLC
new
-
81.00
81.00
 -%
Apr 25, 2024
Lindbrook Capital, LLC
unchanged
-
-2,558
23,714
 -%
Apr 25, 2024
Bank of New York Mellon Corp
reduced
-3.85
-395,015
2,593,510
 -%
Apr 25, 2024
Allworth Financial LP
sold off
-100
-136
-
 -%
Apr 24, 2024
Cambridge Investment Research Advisors, Inc.
unchanged
-
-66,000
618,000
 -%
Apr 23, 2024
Gradient Investments LLC
sold off
-100
-1,649
-
 -%
Apr 23, 2024
Global Retirement Partners, LLC
unchanged
-
-102
5,301
 -%
Apr 23, 2024
AMALGAMATED BANK
reduced
-60.39
-27,000
15,000
 -%

1–10 of 46

Are Funds Buying or Selling CCNE?

Are funds buying CCNE calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CCNE
No. of Funds

Unveiling CNB Financial Corp-PA's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 08, 2024
wellington management group llp
5.76%
1,204,518
SC 13G/A
Jan 26, 2024
blackrock inc.
7.9%
1,658,018
SC 13G/A
Feb 06, 2023
wellington management group llp
6.75%
1,425,149
SC 13G
Feb 01, 2023
blackrock inc.
6.6%
1,401,528
SC 13G/A
Feb 01, 2022
blackrock inc.
6.6%
1,115,215
SC 13G/A
Jan 29, 2021
blackrock inc.
5.6%
935,488
SC 13G/A
Feb 13, 2020
banc funds co llc
0%
0
SC 13G/A
Feb 07, 2020
blackrock inc.
5.4%
821,557
SC 13G

Recent SEC filings of CNB Financial Corp-PA

View All Filings
Date Filed Form Type Document
May 02, 2024
8-K
Current Report
May 01, 2024
10-Q
Quarterly Report
Apr 18, 2024
8-K
Current Report
Apr 16, 2024
8-K
Current Report
Apr 15, 2024
8-K
Current Report
Mar 08, 2024
ARS
ARS
Mar 08, 2024
DEF 14A
DEF 14A
Mar 07, 2024
10-K
Annual Report
Feb 27, 2024
PRE 14A
PRE 14A
Feb 26, 2024
4
Insider Trading

Peers (Alternatives to CNB Financial Corp-PA)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
JPM
550.4B
174.7B
 -3.62% 40.95%
10.93
3.15
 53.11% 19.83%
BAC
288.3B
127.4B
 -1.15% 32.34%
11.52
2.26
 44.27% -12.56%
WFC
208.6B
85.8B
 4.32% 56.01%
11.11
2.43
 35.02% 26.14%
C
117.6B
133.3B
 -2.05% 34.77%
12.75
0.88
 79.09% -
CFG
16.1B
10.2B
 -0.14% 33.45%
9.98
1.57
 44.53% -22.43%
KEY
14.0B
8.1B
 -2.62% 55.93%
16.03
1.72
 32.15% -50.93%
MID-CAP
CMA
6.9B
4.2B
 -3.21% 45.81%
9.9
1.62
 34.68% -45.96%
ZION
6.3B
3.9B
 0.71% 88.53%
9.31
1.6
 45.91% -25.03%
ABCB
3.4B
1.3B
 3.97% 58.26%
12.49
2.62
 43.24% -22.35%
ASB
3.3B
1.8B
 5.09% 36.86%
20.51
1.79
 32.64% -59.32%
SMALL-CAP
AMNB
497.6M
120.2M
 6.68% 49.76%
19.02
4.14
 45.65% -13.98%
ALRS
391.4M
152.4M
 -5.49% 44.45%
39.37
2.57
 16.94% -73.84%
AROW
387.7M
162.6M
 -2.25% 14.75%
12.89
2.38
 25.39% -38.37%
ACNB
284.2M
96.6M
 -5.09% 17.23%
8.97
2.94
 11.02% -11.37%
ASRV
42.0M
60.9M
 2.51% -13.74%
-12.56
0.69
 24.06% -144.92%

CNB Financial Corp-PA News

Latest updates
Quartz • 15 Apr 2024 • 07:00 am
CNB: Q1 Earnings Snapshot
Houston Chronicle • 15 Apr 2024 • 07:00 am
CNB: Q1 Earnings Snapshot
Yahoo Canada Finance • 15 Apr 2024 • 07:00 am
CNB Financial (CCNE) Beats Q1 Earnings Estimates
Yahoo Finance • 2 months ago
CNB Financial Corporation Announces Quarterly Dividend for Common Stock
Quartz • 3 months ago
CNB: Q4 Earnings Snapshot
EIN News • 8 months ago
CNB Financial Corporation Announces Quarterly Dividend for Common Stock
Pennsylvania Business Central • 5 years ago
Chris Stott - PA Business Central | Marcellus Business Central | Women in Business
Yahoo Movies UK • 5 years ago
Why I Like CNB Financial Corporation (NASDAQ:CCNE)

CNB Financial Corp-PA Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.6%78.0079.0076.0072.0067.0062.0055.0050.0046.0046.0045.0044.0044.0047.0042.0038.0040.0041.0040.0038.0037.00
EBITDA Margin-6.3%0.86*0.92*0.99*1.09*1.20*1.28*1.33*1.34*1.33*1.32*1.26*1.20*---------
Interest Expenses-5.2%45.0048.0047.0047.0048.0051.0050.0046.0043.0042.0040.0038.0039.0040.0035.0030.0030.0030.0030.0029.0028.00
Income Taxes-10.4%3.003.003.003.004.004.004.003.003.003.004.003.003.002.002.002.002.002.002.002.002.00
Earnings Before Taxes-10.0%15.0017.0017.0017.0020.0020.0021.0019.0019.0018.0018.0017.0017.0010.0010.0010.0011.0013.0013.0012.0011.00
EBT Margin-10.4%0.22*0.24*0.27*0.30*0.34*0.37*0.38*0.39*0.40*0.39*0.35*0.31*---------
Net Income-9.9%13.0014.0014.0014.0016.0016.0017.0015.0015.0015.0015.0014.0014.008.008.008.009.0010.0010.0010.009.00
Net Income Margin-10.1%0.18*0.20*0.22*0.24*0.28*0.30*0.31*0.32*0.32*0.32*0.28*0.25*---------
Free Cashflow-36.7%10.0016.0011.008.001.0022.0012.0016.002.0019.0015.009.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.8%5,8015,7535,7325,6645,5835,4755,3175,2995,2845,3295,2465,1484,9014,7294,7344,4703,7793,7643893,4013,287
    Cash Equivalents35.8%30122218312518910621028440573273773865353355666313619352.0038.0055.00
  Net PPE-100.0%-74.00---69.00-------60.0059.0055.0055.0055.0054.0052.0051.00
  Goodwill-100.0%-44.00---44.0044.0044.0044.0044.0044.0044.0044.0044.0045.0039.0039.0039.0039.0039.0039.00
Liabilities0.8%5,2235,1825,1835,1145,0374,9444,8014,8764,8584,8864,8094,7184,4834,3134,3194,1393,4543,4593,2443,1143,012
  Short Term Borrowings-----102132------------18.0053.00-
  Long Term Debt0.1%84.0084.0084.0084.0084.0084.0084.0084.0084.0084.00---50.00-------
    LT Debt, Non Current-100.0%-84.0084.0084.0084.0084.0084.0084.0084.0084.00---50.00-------
Shareholder's Equity1.3%579571549550546531516424426443438430418416416330325305297287275
  Retained Earnings2.3%354346337328319307296283272261250239229219218213208202194186179
  Additional Paid-In Capital-1.0%21822022022022022222112712712712712712712812710210299.0098.0097.0097.00
Shares Outstanding0%21.0021.0021.0021.0021.0021.0017.0017.0017.0017.00-----------
Float----349---382---363---261---407-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-29.7%12,46017,71812,90911,5824,81425,77116,46718,0273,78820,26717,7089,83511,1109,3498,4924,3606,55720,90912,51817,2211,394
  Share Based Compensation134.2%883377350345616235256256501287312303509287288286549237242275592
Cashflow From Investing8.3%33,10930,571-18,610-144,814-16,606-255,532-102,841-145,777-300,551-92,076-103,222-151,639-62,823-18,31370,030-161,092-59,305-85,492-126,769-126,131-30,344
Cashflow From Financing483.3%33,838-8,82863,12369,80294,100126,25012,0166,930-30,46166,95784,891226,234172,262-14,283-185,929683,739-3,885205,396128,48291,55838,669
  Dividend Payments-100.0%-3,6563,6683,6743,6963,6962,9502,9512,9602,9492,8702,8712,8602,8732,8732,6172,6182,5932,5832,5912,591
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CCNE Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
INTEREST AND DIVIDEND INCOME:  
Interest and fees on loans receivable$ 71,513$ 62,327
Processing fees on PPP loans01
Securities:  
Taxable6,1364,030
Tax-exempt167197
Dividends8985
Total interest and dividend income77,90566,640
INTEREST EXPENSE:  
Deposits31,54816,699
Borrowed funds and finance lease liabilities31,263
Subordinated notes and debentures (includes $0 and $(45) accumulated other comprehensive income reclassification for change in fair value of interest rate swap agreements, respectively)1,1321,039
Total interest expense32,68319,001
NET INTEREST INCOME45,22247,639
PROVISION FOR CREDIT LOSS EXPENSE1,3201,290
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE43,90246,349
NON-INTEREST INCOME:  
Service charges on deposit accounts1,6941,795
Other service charges and fees695631
Wealth and asset management fees1,8021,817
Net realized gains on available-for-sale securities (includes $0 and $22 accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities, respectively)022
Net realized and unrealized gains (losses) on equity securities191(286)
Mortgage banking196168
Bank owned life insurance767764
Card processing and interchange income2,0162,059
Other non-interest income1,5941,072
Total non-interest income8,9558,042
NON-INTEREST EXPENSES:  
Compensation and benefits18,78717,045
Net occupancy expense3,6403,566
Technology expense5,0724,258
State and local taxes1,1431,050
Legal, professional, and examination fees1,172845
Advertising685544
FDIC insurance premiums990873
Dues and subscriptions542506
Card processing and interchange expenses1,1791,490
Other non-interest expenses4,2143,813
Total non-interest expenses37,42433,990
INCOME BEFORE INCOME TAXES15,43320,401
INCOME TAX EXPENSE (includes $0 and $14 income tax expense from reclassification items, respectively)2,8333,912
NET INCOME12,60016,489
PREFERRED STOCK DIVIDENDS1,0751,075
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS$ 11,525$ 15,414
AVERAGE COMMON SHARES OUTSTANDING, Basic (in share)20,823,76621,042,579
AVERAGE COMMON SHARES OUTSTANDING, Diluted (in shares)20,887,08821,077,531
PER COMMON SHARE DATA:  
Basic Earnings Per Common Share (in dollars per share)$ 0.55$ 0.73
Diluted Earnings Per Common Share (in dollars per share)0.550.73
Cash Dividends Declared (in dollars per share)$ 0.175$ 0.175

CCNE Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS  
Cash and cash equivalents due from banks$ 38,953$ 54,789
Interest-bearing deposits with Federal Reserve259,464164,385
Interest-bearing deposits with other financial institutions3,0362,872
Total cash and cash equivalents301,453222,046
Debt securities available-for-sale, at fair value (amortized cost of $403,994 and $395,803, respectively)348,565341,955
Debt securities held-to-maturity, at amortized cost (fair value $352,138 and $360,570, respectively)381,706388,968
Equity securities9,5819,301
Loans held for sale1,010675
Loans receivable4,431,3984,468,476
Less: allowance for credit losses(45,832)(45,832)
Net loans receivable4,385,5664,422,644
FHLB and other restricted stock holdings and investments31,01730,011
Premises and equipment, net74,71273,700
Operating lease right-of-use assets35,77535,699
Bank owned life insurance115,235114,468
Mortgage servicing rights1,4991,554
Goodwill and other intangibles43,87443,874
Core deposit intangible, net260280
Accrued interest receivable and other assets71,15967,782
Total Assets5,801,4125,752,957
LIABILITIES AND SHAREHOLDERS’ EQUITY  
Noninterest-bearing demand deposits749,178728,881
Interest-bearing demand deposits719,781803,093
Savings3,035,8232,960,282
Certificates of deposit532,771506,494
Total deposits5,037,5534,998,750
Short-term borrowings00
Subordinated debentures20,62020,620
Subordinated notes, net of unamortized issuance costs84,34384,267
Operating lease liabilities37,83237,650
Accrued interest payable and other liabilities42,42440,423
Total liabilities5,222,7725,181,710
Commitments and contingent liabilities
Preferred stock, Series A non-cumulative perpetual, $0 par value; $1,000 liquidation preference; shares authorized 60,375; Shares issued 60,375 at March 31, 2024 and December 31, 202357,78557,785
Common stock, no par value; 50,000,000 shares authorized; Shares issued 21,235,503 at March 31, 2024 and 21,235,503 at December 31, 202300
Additional paid in capital218,224220,495
Retained earnings353,780345,935
Treasury stock, at cost (210,808 shares at March 31, 2024 and 339,064 shares December 31, 2023)(3,946)(6,890)
Accumulated other comprehensive loss(47,203)(46,078)
Total shareholders’ equity578,640571,247
Total Liabilities and Shareholders’ Equity5,801,4125,752,957
PPP loans, net of deferred processing fees  
ASSETS  
Loans receivable3948
Syndicated loans  
ASSETS  
Loans receivable78,685108,710
Loans  
ASSETS  
Loans receivable$ 4,352,674$ 4,359,718

About CNB Financial Corp-PA

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 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 small balance unsecured loans and secured loans primarily collateralized by automobiles and equipment. The company was founded in 1865 and is headquartered in Clearfield, Pennsylvania.
 CEO
 WEBSITEcnbbank.bank
 INDUSTRYBanks Diversified
 EMPLOYEES722

CNB Financial Corp-PA Frequently Asked Questions

What is the ticker symbol for CNB Financial Corp-PA? What does CCNE stand for in stocks?

CCNE is the stock ticker symbol of CNB Financial Corp-PA. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CNB Financial Corp-PA (CCNE)?

As of Thu May 02 2024, market cap of CNB Financial Corp-PA is 407.47 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CCNE stock?

You can check CCNE's fair value in chart for subscribers.

What is the fair value of CCNE stock?

You can check CCNE's fair value in chart for subscribers. The fair value of CNB Financial Corp-PA is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CNB Financial Corp-PA is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CCNE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CNB Financial Corp-PA a good stock to buy?

The fair value guage provides a quick view whether CCNE is over valued or under valued. Whether CNB Financial Corp-PA is cheap or expensive depends on the assumptions which impact CNB Financial Corp-PA's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CCNE.

What is CNB Financial Corp-PA's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 02 2024, CCNE's PE ratio (Price to Earnings) is 7.53 and Price to Sales (PS) ratio is 1.34. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CCNE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on CNB Financial Corp-PA's stock?

In the past 10 years, CNB Financial Corp-PA has provided 0.044 (multiply by 100 for percentage) rate of return.