Cnb Financial (CCNE) AI Stock Analysis

• Market Cap: $804.00M
• Dividend Yield: 2.68%
• Average Volume (3M): 132.20K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.94
• Revenue Growth: 11.13%
• EPS Growth: -15.28%
• Country: US
• Employees: 769
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 0.87
• Shares Outstanding: 29,635,223
• 10 Day Avg. Volume: 99,290
• 30 Day Avg. Volume: 132,199
• PEG Ratio: 2.13
• Price to Book (P/B): 0.74
• Price to Sales (P/S): 1.59
• P/FCF Ratio: 10.80
• Enterprise Value/Market Cap: 1.32
• Enterprise Value/Revenue: 2.57
• Enterprise Value/Gross Profit: 4.17
• Enterprise Value/Ebitda: 11.85
• 1Y Price Target: $35.00
• Price Target Upside: 29.01% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 3.5
• Revenue Forecast (FY): $348.80M

• Rating: 64 Neutral
• Price Target: $29.00 ▲(6.89% Upside)
• Action: Reiterated Date: 03/12/26
• Date: Action: Reiterated 03/12/26

The score is driven primarily by solid underlying financial performance with improved leverage but weaker profitability trends (margin and ROE compression). Valuation is a clear positive (low P/E and steady yield), while technical indicators are the main drag due to weak short-term momentum despite oversold readings. Recent corporate events add a modest positive tilt.

Positive Factors

Improved balance-sheet resilience

Material reduction in leverage meaningfully strengthens capital resilience and reduces funding and solvency risk. Lower debt-to-equity provides capacity to support loan growth, absorb losses, maintain dividends, and execute strategic initiatives over the next several quarters.

Steady revenue growth and stronger FCF

Consistent multi-year revenue growth plus FCF equaling net income in 2025 signals improving cash-generation quality. Durable cash flow supports reinvestment, loan originations, and shareholder distributions while reducing reliance on volatile external funding.

Federal Reserve membership (strategic)

Gaining Fed membership is a structural enhancement: it provides access to Fed services and liquidity, can simplify supervision and support expansion plans. This change reduces regulatory friction and supports scalable, sustainable regional growth over the medium term.

Negative Factors

Margin compression

A large, sustained decline in net margins materially reduces earnings power per dollar of revenue. Persistent margin compression limits profit growth even with higher revenue and leaves less cushion for credit losses or investment, constraining long-term profitability.

Declining returns on equity

A marked drop in ROE indicates weaker efficiency in converting equity into profits. Lower returns reduce capital attractiveness, limit internal capital formation, and may force tougher strategic tradeoffs between growth, dividends, and capital conservation over the next several quarters.

Choppy operating cash flow

Volatile operating cash flow undermines predictability of internal funding for lending, acquisitions, and dividends. Reliance on irregular cashflow improvements increases sensitivity to interest-rate and credit-cycle swings and can complicate capital planning over a medium-term horizon.

Cnb Financial Business Overview & Revenue Model

Company Description

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. As of February 8, 2022, the company operated a private banking division; three loan production office; one drive-up office; and 45 full-service offices in Pennsylvania, Ohio, New York, and Virginia. CNB Financial Corporation was founded in 1865 and is headquartered in Clearfield, Pennsylvania.

How the Company Makes Money

CNB Financial primarily makes money through (1) net interest income and (2) noninterest income. Net interest income is generated by earning interest on loans and other interest-earning assets (such as investment securities and interest-bearing balances) and paying interest on funding sources (primarily customer deposits and, when used, borrowings). The spread between the yield on earning assets and the cost of deposits/borrowings—along with loan volume, deposit mix (noninterest-bearing vs. interest-bearing), and credit performance—drives this core earnings stream. Noninterest income is generated from fees and service charges (e.g., deposit account service charges, transaction/ATM-related fees, and other bank service fees), and from wealth management/trust and investment-related services provided to customers (including advisory, fiduciary, and related service fees). Additional contributors can include gains/losses and income associated with the investment securities portfolio and other banking activities reported as noninterest income depending on period and accounting classification. Key factors influencing earnings include interest rate conditions (affecting loan yields and deposit costs), loan growth and mix (commercial vs. consumer and real estate categories), asset quality and provisioning for credit losses, customer deposit levels and composition, and the scale of fee-based services; specific material partnerships are not available (null).

Cnb Financial Financial Statement Overview

Summary

Solid and improving balance-sheet resilience (lower leverage vs. 2022) and steady multi-year revenue growth, but profitability has weakened versus prior peaks with notable net margin compression and a lower ROE trend. Cash flow quality improved in 2025 (FCF matching net income), though operating cash flow has been uneven.

Income Statement

Revenue has grown steadily over the last several years (2020–2025), with a notable step-up in 2025 after a softer 2024 growth rate. Profitability remains solid for a regional bank, but margins have compressed versus the 2021–2022 peak (net margin down from ~26–28% to ~16% in 2025), and net income is still below the 2022 high—suggesting a less favorable earnings environment even as revenue improves.

Balance Sheet

Leverage appears reasonable and improved meaningfully versus 2022 (debt-to-equity down from ~0.76 in 2022 to ~0.31 in 2025), which supports balance-sheet resilience. However, returns on equity have trended down from the 2021–2022 levels (from ~12–13% to ~7.6% in 2025), indicating weaker efficiency in converting equity into earnings despite a larger asset and equity base.

Cash Flow

Cash generation is generally supportive, with free cash flow improving sharply in 2025 (strong year-over-year growth) and free cash flow matching net income in 2025, which is a quality signal. That said, operating cash flow has been choppy (down in 2025 versus 2024), and earlier periods show weaker conversion metrics, pointing to some volatility in cash flow performance year to year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	404.86M	360.01M	322.01M	243.70M	209.20M
Gross Profit	245.70M	212.79M	212.15M	211.03M	183.38M
EBITDA	82.47M	75.63M	79.57M	84.79M	77.02M
Net Income	66.13M	54.58M	58.02M	63.19M	57.71M
Balance Sheet
Total Assets	8.40B	6.19B	5.75B	5.48B	5.33B
Cash, Cash Equivalents and Short-Term Investments	662.53M	846.54M	564.00M	477.69M	1.43B
Total Debt	331.29M	145.50M	142.54M	403.10M	125.44M
Total Liabilities	7.52B	5.58B	5.18B	4.94B	4.89B
Stockholders Equity	872.13M	610.70M	571.25M	530.76M	442.85M
Cash Flow
Free Cash Flow	59.79M	55.23M	36.05M	51.76M	52.44M
Operating Cash Flow	64.98M	71.51M	47.02M	64.05M	58.92M
Investing Cash Flow	27.64M	-203.28M	-149.46M	-804.70M	-409.76M
Financing Cash Flow	-7.77M	352.76M	218.20M	114.73M	550.34M

Cnb Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 27.13
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CCNE, the sentiment is Negative. The current price of 27.13 is below the 20-day moving average (MA) of 28.45, below the 50-day MA of 27.73, and above the 200-day MA of 25.07, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 39.90 is Neutral, neither overbought nor oversold. The STOCH value of 30.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CCNE.

Cnb Financial Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCBG	73 Outperform	$724.51M	11.80	11.55%	2.33%	9.43%	17.64%
HAFC	71 Outperform	$758.97M	10.60	9.85%	3.82%	3.34%	15.52%
MBWM	70 Outperform	$862.27M	8.81	13.79%	3.05%	5.64%	6.24%
MCBS	69 Neutral	$816.13M	10.05	15.62%	3.55%	-0.23%	10.95%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
CCNE	64 Neutral	$804.00M	9.76	8.88%	2.68%	11.13%	-15.28%
HTB	62 Neutral	$736.14M	11.33	10.88%	1.12%	0.21%	14.54%

Cnb Financial Corporate Events

CNB Financial Gains Federal Reserve System Membership Status

CNB Financial Corporation announced that CNB Bank, its wholly owned subsidiary, became a state member bank of the Federal Reserve System through the Federal Reserve Bank of Philadelphia, effective February 12, 2026. The bank will remain under the oversight of the Pennsylvania Department of Banking and Securities, preserving its existing state-level regulatory framework.

Management described the move, disclosed on February 18, 2026, as a strategic milestone intended to support the company’s growth plans while streamlining supervision and maintaining regulatory strength. The shift to Federal Reserve membership is expected to provide a more efficient supervisory process as CNB Bank continues to expand its delivery of financial services across its regional footprint.

The most recent analyst rating on (CCNE) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Cnb Financial stock, see the CCNE Stock Forecast page.

CNB Financial Declares Quarterly Cash Dividend for Shareholders

On February 10, 2026, CNB Financial Corporation’s board declared a quarterly cash dividend of $0.19 per share on its common stock, with payment scheduled for March 13, 2026. Shareholders of record as of February 27, 2026, will be eligible to receive the distribution, underscoring the company’s continued return of capital to investors.

The dividend announcement reflects CNB Financial’s capacity to maintain regular shareholder payouts alongside its multi-brand regional banking strategy. With a network spanning 79 offices in four states and a broad suite of services, the move signals ongoing confidence by the Clearfield, Pa.-based financial holding company in the stability of its earnings and balance sheet.

The most recent analyst rating on (CCNE) stock is a Buy with a $31.00 price target. To see the full list of analyst forecasts on Cnb Financial stock, see the CCNE Stock Forecast page.

CNB Financial unveils new investor presentation highlighting strength

CNB Financial Corporation announced it would begin using a new investor presentation in meetings with investors on February 4–5, 2026, and make the materials available on its website, highlighting the bank’s capital strength, earnings trajectory and dividend record. The presentation underscores steady growth in tangible book value per share, returns on average tangible common equity, and diluted earnings per share over the past decade, a solid consolidated capital position as of December 31, 2025 with multiple capital ratios comfortably above regulatory minimums, and a long history of uninterrupted common dividends, signaling continued emphasis on shareholder returns and a conservative balance-sheet profile that may reassure investors amid ongoing volatility in the banking sector.

The most recent analyst rating on (CCNE) stock is a Hold with a $29.00 price target. To see the full list of analyst forecasts on Cnb Financial stock, see the CCNE Stock Forecast page.

CNB Financial Declares Quarterly Dividend on Series A Preferred

On January 20, 2026, CNB Financial Corporation’s board declared a quarterly cash dividend of $17.8125 per share on its 7.125% Series A Fixed-Rate Non-Cumulative Perpetual Preferred Stock, equivalent to $0.4453125 per related depositary share. The dividend, designated for holders of record as of February 15, 2026, is scheduled to be paid on March 1, 2026, underscoring the company’s continued return of capital to preferred shareholders and providing income visibility for investors in its preferred and depositary shares.

The most recent analyst rating on (CCNE) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Cnb Financial stock, see the CCNE Stock Forecast page.