CCNE

CNB Financial

Fundamental data last updated:April 13, 2026

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company profile

SECTOR

Financial Services

industry

Banks - Regional

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

04/13/26

Business Summary

CNB Financial operates as a regional banking institution generating revenue through spread income between deposits and loans, supplemented by fee-based services typical of community and regional banks. Its moat is rooted in localized customer relationships, deposit stickiness, and underwriting knowledge within its geographic footprint rather than scale dominance. With a Market Cap of $924M, it competes by leveraging community presence and balance sheet intermediation rather than capital markets sophistication. Cash flow is driven by disciplined loan growth, net interest margins, and efficient capital allocation, which must remain strong to justify its current valuation metrics.

 


VALUATION

P/E

12.5

Market Cap ($M USD)

$924

Forward P/E

8

PEG

0.4

PRICE TO SALES

2.8

PRICE TO BOOK

1.1

EV / EBITDA

-

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

2.30%

Annual Payout

$0.73

Payout Ratio

28.80%

Consecutive Years of Dividend Growth

2

5-Year Dividend Growth Rate

2.20%

Financial Health & Profitability

Earnings Per Share

$2.50

Next Year EPS Growth Estimate

$3.88

Next Year Revenue Growth Estimate

7.30%

Return on Equity (ROE)

7.00%

FREE CASH FLOW

Operating Margin

38.00%

Debt-to-Equity

0.4

Piotroski F-Score

3

Altman Z-Score

0.2

Return on Invested Capital (ROIC)

17.90%

Current Ratio

-

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

At 12.5x earnings and just 8x forward earnings, CCNE screens optically cheap, and the 0.4 forward PEG ratio implies the market is severely discounting its growth trajectory. However, the 0.2 Altman Z-Score is an extreme distress signal that cannot be ignored, suggesting balance sheet vulnerability despite the modest 38.00% Debt/Equity ratio. The 7.30% Return on Equity and 7.00% Operating Margin indicate only average profitability for a regional bank, so while the valuation implies mispricing on growth, the balance sheet risk profile dramatically tempers the margin of safety. This is a statistically cheap stock with fundamental fragility underneath.

AI Exposure / Tech Reliance

As a regional bank in Financial Services, CCNE’s technological resilience will depend on digital banking infrastructure, cost automation, and data-driven underwriting rather than breakthrough AI innovation. Banks that leverage AI for credit risk assessment and operating efficiency can expand margins beyond the current 7.00% level. Without aggressive tech modernization, regional banks risk margin compression and customer attrition to larger, tech-enabled competitors.

The Bull Case

A GARP investor could justify a position based on the sharp disconnect between valuation and projected earnings power. The forward P/E of 8 combined with a 0.4 PEG Forward ratio suggests earnings growth is materially underappreciated, and the projected $2.50 EPS next year reinforces that earnings normalization may be underway. The 17.90% ROIC is particularly compelling relative to the 7.30% ROE, indicating strong capital deployment efficiency, while a Price/Book of 1.1 implies investors are paying barely above net asset value for that return stream. Add in low short interest at 2.20% and institutional ownership at 32.67%, and you have a lightly contested value name where sentiment is not crowded, creating asymmetric upside if earnings deliver.

The Bear Case

The red flags are substantial. A 0.2 Altman Z-Score is distress-level territory, and the weak Piotroski F-Score of 3 signals deteriorating fundamental quality rather than strengthening conditions. Operating Margin at 7.00% leaves little buffer if credit costs rise, and the 38.00% Debt/Equity ratio adds leverage risk in a tightening liquidity environment. The 0.4 TTM Yield paired with a 2.30% Dividend Per Share USD and a Payout Ratio of $0.73 creates inconsistency in capital return metrics, raising questions about sustainability, while a Consensus Rating of 1.20% and Mean Consensus Target Price of 2 suggest muted external conviction.

Market Sentiment & Smart Money

Short Interest %

1.20%

Analyst Consensus

2

Average Analyst Price Target

$32.67

Institutional Ownership %

62.70%

1-Year Beta

0.87

Insider Buying % (6 Mo)

2.80%%

Distance to 52-Week High

99.30%

Distance to 52-Week Low

157.70%

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.