Cnb Financial (CCNE) AI Stock Analysis

• Market Cap: $478.33M
• Dividend Yield: 3.24%
• Average Volume (3M): 78.38K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.98
• Revenue Growth: 8.67%
• EPS Growth: N/A
• Country: US
• Employees: 769
• Sector: Financial
• Sector Strength: 82
• Industry: Banks - Regional
• EPS (TTM): 0.57
• Shares Outstanding: 20,979,343
• 10 Day Avg. Volume: 70,731
• 30 Day Avg. Volume: 78,384
• PEG Ratio: 4.08
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.90
• 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: $25.75
• Price Target Upside: 16.62% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: ―

CNB Financial presents a mixed picture. The company is financially stable with no debt and solid revenue growth, but profitability improvements are necessary. The stock shows bearish technical indicators, yet it appears undervalued with a good dividend yield. Despite a recent decline in net income, the expansion in loans and deposits is a positive sign of growth.

Positive Factors

Profitability Improvement

The bank has a strong potential for NIM expansion with the soon-to-be-closed ESSA deal and profitability improvement is expected with the ROA and ROTCE projected to reach approximately 1.15% and 14.0%-14.5%.

Valuation

The shares are considered undervalued at approximately 85% of P/TBV, indicating a compelling value at current levels despite a strong ROA/ROTCE outlook and solid credit quality history.

Negative Factors

Stock Performance

CCNE shares traded down 3.6% following the announcement of the ESSA acquisition, just slightly underperforming KRX peers as TBV dilution (15%) and earnback (3.3 years) are modestly higher than investors generally prefer.

Transformation Challenges

The overall outcome of the acquisition will be largely dependent on management’s efforts to transform ESSA into a more commercially-focused bank, matching CCNE’s.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
325.47M	218.14M	219.62M	189.38M	159.63M
	Gross Profit
325.47M	217.17M	219.62M	189.38M	159.63M
	EBIT
318.71M	71.83M	102.29M	70.78M	40.09M
	EBITDA
0.00	79.57M	84.79M	74.59M	0.00
	Net Income Common Stockholders
54.58M	58.02M	63.19M	57.71M	32.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
532.32M	221.87M	477.69M	1.43B	1.12B
	Total Assets
6.19B	5.75B	5.48B	5.33B	4.73B
	Total Debt
145.50M	142.54M	236.98M	104.28M	70.62M
	Net Debt
-297.53M	-79.51M	130.69M	-627.92M	-462.07M
	Total Liabilities
5.58B	5.18B	4.94B	4.89B	4.31B
	Stockholders Equity
610.70M	571.25M	530.76M	442.85M	416.14M
Cash Flow		Free Cash Flow
71.51M	36.05M	51.76M	52.44M	23.11M
	Operating Cash Flow
71.51M	47.02M	64.05M	58.92M	28.76M
	Investing Cash Flow
-203.28M	-149.46M	-804.70M	-409.76M	-168.68M
	Financing Cash Flow
352.76M	218.20M	114.73M	550.34M	479.64M

Cnb Financial Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.08
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 22.08 is below the 20-day moving average (MA) of 22.49, below the 50-day MA of 22.10, and below the 200-day MA of 24.08, indicating a bearish trend. The MACD of 0.18 indicates Positive momentum. The RSI at 45.41 is Neutral, neither overbought nor oversold. The STOCH value of 26.80 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
EBTC	76 Outperform	$504.34M	12.34	11.31%	2.40%	14.10%	12.00%
BHB	72 Outperform	$467.16M	10.71	9.67%	3.94%	6.33%	3.44%
PGC	71 Outperform	$510.97M	16.02	5.31%	0.72%	6.72%	-17.45%
CCNE	67 Neutral	$478.33M	9.78	8.83%	3.24%	8.67%	―
CBNK	66 Neutral	$557.06M	13.53	12.19%	1.15%	18.85%	6.74%
Sector *	64 Neutral	$12.78B	9.87	7.67%	17015.06%	12.34%	-5.99%
FISI	54 Neutral	$539.14M	8.52	-5.18%	4.51%	-23.31%	-169.87%

Cnb Financial Corporate Events

CNB Financial Shareholders Approve Key Proposals at Annual Meeting

On April 15, 2025, CNB Financial Corporation held its Annual Meeting where shareholders approved several key proposals. These included the issuance of common stock related to a merger agreement with ESSA Bancorp, Inc., the election of three Class 2 directors, the approval of the 2025 Omnibus Incentive Plan, and a non-binding advisory resolution on executive compensation. Additionally, the appointment of Forvis Mazars, LLP as the independent registered public accounting firm for 2025 was ratified, and provisions for potential adjournments of the meeting were approved.

Spark’s Take on CCNE Stock

According to Spark, TipRanks’ AI Analyst, CCNE is a Neutral.

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.

To see Spark’s full report on CCNE stock, click here.

CNB Financial Reports Decrease in Net Income

CNB Financial Corporation reported a decrease in net income for the year ending December 31, 2024, primarily due to increased deposit costs compared to the previous year. Despite this, the company showed growth in loans and deposits, with total loans reaching $4.6 billion and total deposits at $5.4 billion by the end of 2024, reflecting increases of 3.14% and 7.45% respectively from 2023. The corporation’s Return on Average Assets and Return on Average Equity also saw declines, while the book value per common share increased by 7.20% to $26.34.

Spark’s Take on CCNE Stock

According to Spark, TipRanks’ AI Analyst, CCNE is a Neutral.

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.

To see Spark’s full report on CCNE stock, click here.