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 |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
68 Neutral | $454.00M | 10.42 | 9.67% | 4.06% | 6.33% | 3.44% | |
68 Neutral | $463.47M | 11.39 | 11.31% | 2.60% | 13.97% | 12.00% | |
67 Neutral | $439.33M | 8.97 | 8.84% | 3.23% | 8.67% | ― | |
66 Neutral | $487.06M | 15.36 | 5.31% | 0.71% | 6.72% | -17.45% | |
66 Neutral | $526.18M | 12.71 | 12.19% | 1.25% | 18.85% | 6.74% | |
63 Neutral | $12.46B | 9.55 | 8.14% | 17103.96% | 12.70% | -4.66% | |
54 Neutral | $513.60M | 8.52 | -13.29% | 4.76% | -23.31% | -169.87% |
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 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.