Cnb Financial (CCNE) AI Stock Analysis

• Market Cap: $469.12M
• Dividend Yield: 3.2%
• Average Volume (3M): 81.31K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 1.17
• Revenue Growth: 11.48%
• EPS Growth: -6.49%
• Country: US
• Employees: 801
• Sector: Financial
• Sector Strength: 77
• Industry: Banking
• EPS (TTM): 2.38
• Shares Outstanding: 20,980,333
• 10 Day Avg. Volume: 76,580
• 30 Day Avg. Volume: 81,315
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 2.10
• Price to Cash Flow (P/CF): 5.30
• P/FCF Ratio: 2.40
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $28.00
• Price Target Upside: 25.22% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

CNB Financial demonstrates solid financial performance with strong revenue growth and no debt, though profitability improvements are needed. The technical analysis suggests bearish trends, but potential undervaluation and a rewarding dividend offer a cushion. The strategic merger is a positive corporate event that could enhance long-term growth prospects.

Cnb Financial Business Overview & Revenue Model

Company Description

CNB Financial Corporation (CCNE) is a financial services company headquartered in Clearfield, Pennsylvania. It operates primarily through its subsidiary, CNB Bank, providing a wide range of banking products and services to individuals and businesses. The company offers commercial banking, retail banking, wealth management, and other financial services across several states, primarily focusing on community-oriented banking solutions.

How the Company Makes Money

CNB Financial makes money primarily through interest income generated from loans provided to individuals and businesses, such as personal loans, mortgages, and commercial loans. The bank also earns revenue through fees for various banking services, including transaction fees, account maintenance fees, and late payment fees. Additionally, it generates income from investment securities and wealth management services, providing financial planning and investment advisory services to clients. Key partnerships with financial service providers and technology companies may enhance its service offerings, contributing to its overall earnings.

Cnb Financial Financial Statement Overview

Summary

Cnb Financial exhibits a solid financial position with strong revenue growth and efficient operations. The absence of debt significantly enhances financial stability. However, the dip in net income and return on equity suggests potential areas for improvement in profitability and shareholder returns. The company should continue to monitor its capital investments to ensure sustainable growth.

Income Statement

Cnb Financial has demonstrated strong growth in revenue over the years, with a significant increase from 2023 to 2024. The gross profit margin remains high as expected in the banking industry. The EBIT and EBITDA margins indicate efficient core operations. However, the slight decline in net income from 2023 to 2024 suggests some pressure on profitability, potentially due to increased expenses or lower interest margins.

Balance Sheet

The company's balance sheet shows a healthy equity base with zero debt in 2024, which significantly reduces financial risk. The equity ratio is stable, reflecting a strong reliance on equity financing. However, the return on equity has decreased compared to previous years, indicating room for improvement in generating returns for shareholders.

Cash Flow

Cnb Financial's operating cash flow has improved, indicating better cash generation efficiency. The free cash flow has also increased, reflecting effective cash management. The free cash flow to net income ratio is strong, demonstrating robust cash conversion. However, the substantial negative investing cash flow could indicate aggressive capital investments, which need careful monitoring.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
320.80M	325.47M	218.14M	219.62M	189.38M	159.63M
	Gross Profit
320.80M	325.47M	217.17M	219.62M	189.38M	159.63M
	EBIT
51.83M	318.71M	71.83M	102.29M	70.78M	40.09M
	EBITDA
36.41M	0.00	79.57M	84.79M	74.59M	0.00
	Net Income Common Stockholders
53.49M	54.58M	58.02M	63.19M	57.71M	32.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
562.43M	532.32M	221.87M	477.69M	1.43B	1.12B
	Total Assets
3.22B	6.19B	5.75B	5.48B	5.33B	4.73B
	Total Debt
315.74M	0.00	142.54M	236.98M	104.28M	70.62M
	Net Debt
270.17M	-63.77M	-79.51M	130.69M	-627.92M	-462.07M
	Total Liabilities
2.96B	5.58B	5.18B	4.94B	4.89B	4.31B
	Stockholders Equity
262.83M	610.70M	571.25M	530.76M	442.85M	416.14M
Cash Flow		Free Cash Flow
64.64M	71.51M	36.05M	51.76M	52.44M	23.11M
	Operating Cash Flow
79.43M	71.51M	47.02M	64.05M	58.92M	28.76M
	Investing Cash Flow
-95.46M	-203.28M	-149.46M	-804.70M	-409.76M	-168.68M
	Financing Cash Flow
194.36M	352.76M	218.20M	114.73M	550.34M	479.64M

Cnb Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.36
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

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 22.36 is below the 20-day moving average (MA) of 24.74, below the 50-day MA of 24.72, and below the 200-day MA of 23.70, indicating a bearish trend. The MACD of -0.64 indicates Positive momentum. The RSI at 23.16 is Positive, neither overbought nor oversold. The STOCH value of 7.49 is Positive, 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
FRME	75 Outperform	$2.28B	11.42	8.85%	3.57%	5.54%	-8.57%
FNB	74 Outperform	$4.71B	10.33	7.53%	3.67%	15.34%	-3.89%
CZNC	70 Outperform	$306.54M	11.75	9.60%	5.65%	3.55%	7.29%
CCNE	67 Neutral	$469.12M	9.37	9.17%	3.20%	11.48%	-6.49%
TMP	65 Neutral	$901.58M	12.58	10.25%	3.94%	41.65%	668.73%
Sector *	64 Neutral	$13.79B	10.52	9.20%	4.24%	17.25%	-7.60%
UBSI	61 Neutral	$4.87B	12.37	7.62%	4.35%	6.80%	1.48%

Cnb Financial Corporate Events

CNB Financial Highlights Financial Performance and Merger Risks

On January 28, 2025, CNB Financial Corporation presented an investor presentation that highlighted its financial position, with total assets of $6.2 billion, deposits of $5.4 billion, and loans totaling $4.6 billion. The corporation’s Return on Average Assets was 0.93% and Return on Average Tangible Common Equity was 10.25% as of December 31, 2024. The presentation also included information about the potential risks and uncertainties that could impact the company’s future performance, such as changes in the economic environment and regulatory approvals for its pending merger with ESSA. Investors are advised to consider these factors when analyzing the corporation’s future prospects.

CNB Financial to Merge with ESSA Bancorp, Inc.

CNB Financial Corporation, along with its subsidiary CNB Bank, has entered into a definitive agreement to merge with ESSA Bancorp, Inc. and ESSA Bank & Trust, making CNB the surviving entity. The merger, which involves the conversion of ESSA shares into CNB shares at a specified ratio, is expected to close in the third quarter of 2025, following customary regulatory and shareholder approvals. This strategic move is set to expand CNB’s market presence and operational capacity. The deal also includes a termination fee clause and voting agreements to ensure shareholder support from both parties.